Morningstar

DWS RREEF Real Assets Fund - Class S AAASX

Morningstar Medalist Rating
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Medalist Rating as of See DWS Investment Hub
  • NAV / 1-Day Return $13.08  /  +0.08 %
  • Fund Size $4.7B
  • Adjusted Expense Ratio 1.000%
  • Net Expense Ratio 1.020%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Global Moderately Aggressive Allocation
  • Equity Style Box (Funds) Mid Value
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 6.33%
  • Turnover Ratio 94%
NAV and 1-Day Return as of

Morningstar’s Analysis AAASX

Will AAASX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AAASX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AAASX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AAASX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This strategy is supported by a broad, dedicated group, but recent markets have challenged the approach.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

DWS RREEF Real Assets is a high-touch attempt to deliver inflation-sensitive returns. Though considerable resources back the strategy, recent market conditions have upset the otherwise consistent and systematic approach. The team continues to fine-tune the components driving the model at the heart of the strategy, but outcomes are less reliable than in the fund’s past, warranting a downgrade of the Process Pillar to Average from Above Average.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings AAASX

More AAASX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Welltower Inc

2.99 143M
Real Estate

Williams Companies Inc

2.50 120M
Energy

Prologis Inc

2.44 117M
Real Estate

United States Treasury Bills 3.7226%

2.12 102M
Government

United States Treasury Bills 3.8829%

2.12 101M
Government

United States Treasury Bills 3.708%

2.11 101M
Government

United States Treasury Bills 3.7427%

2.08 100M
Government

American Tower Corp

2.06 99M
Real Estate

United States Treasury Bills 3.9546%

2.06 99M
Government

Equinix Inc

1.88 90M
Real Estate

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