DWS RREEF Real Assets Fund - Class Inst (AAAZX)

Fund Assets	4.56B
Expense Ratio	0.876%
Min. Investment	$1,000,000
Turnover	94.00%
Dividend (ttm)	0.88
Dividend Yield	6.82%
Dividend Growth	61.09%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jun 23, 2026

Previous Close	12.94
YTD Return	7.65%
1-Year Return	10.38%
5-Year Return	24.34%
52-Week Low	12.36
52-Week High	14.27
Beta (5Y)	0.63
Holdings	180
Inception Date	Jul 31, 2007

About AAAZX

DWS RREEF Real Assets Fund - Class Institutional is a mutual fund that primarily targets capital appreciation and income by investing in a diversified mix of real assets. As an institutional share class, it features a relatively high minimum investment threshold and is typically designed for large-scale investors such as pensions, endowments, and foundations. The fund follows a global, moderately aggressive allocation strategy, aiming to deliver total returns exceeding inflation through both capital growth and current income. Central to its approach, the fund invests at least 80% of its net assets in a basket of underlying funds emphasizing alternative or non-traditional asset categories, especially sectors like real estate, energy, utilities, and government securities. Its top holdings often include major players in these sectors, providing strong exposure to inflation-sensitive assets and diversified global infrastructure. With an expense ratio of 0.90% and semi-annual distributions, the fund is noted for its disciplined investment process and experienced management team. Since its inception in 2007, it has been recognized for delivering compelling risk-adjusted returns and for serving as a strategic allocation for investors seeking broad real asset exposure.

• Fund Family: DWS
• Category: Real Return
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: AAAZX
• Share Class: Institutional Class
• Index: MSCI World Free NR USD

Performance

AAAZX had a total return of 10.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.46%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
AAAVX	Class R6	0.90%
AAASX	Class S	1.00%
AAAAX	Class A	1.15%
AAAQX	Class R	1.40%

Top 10 Holdings

21.40% of assets

Name	Symbol	Weight
The Williams Companies, Inc.	WMB	2.51%
Welltower Inc.	WELL	2.41%
Prologis, Inc.	PLD	2.21%
United States Treasury Bills 3.8829%	B.0 12.17.26	2.12%
United States Treasury Bills 3.6924%	B.0 10.29.26	2.11%
United States Treasury Bills 3.7517%	B.0 11.27.26	2.11%
United States Treasury Bills 3.7427%	B.0 09.17.26	2.09%
American Tower Corporation	AMT	2.05%
TC Energy Corporation	TRP	1.95%
Equinix, Inc.	EQIX	1.84%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 23, 2026	$0.6336	Jun 24, 2026
Dec 17, 2025	$0.2432	Dec 18, 2025
Jun 23, 2025	$0.2764	Jun 24, 2025
Dec 18, 2024	$0.2679	Dec 19, 2024
Jun 21, 2024	$0.0617	Jun 24, 2024
Dec 19, 2023	$0.2114	Dec 20, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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