DWS
RREEF Real Estate Securities Fund
| ||||||||||||
CLASS/TICKER |
A |
RRRAX |
C |
RRRCX |
R |
RRRSX
|
R6 |
RRRZX |
INST |
RRRRX |
S |
RRREX |
|
|
DWS
RREEF Global Infrastructure Fund
| ||||||||||
CLASS/TICKER |
A |
TOLLX |
C |
TOLCX |
R6 |
TOLZX |
INST |
TOLIX |
S |
TOLSX |
|
|
DWS
RREEF Global Real Estate Securities Fund
| ||||||||||
CLASS/TICKER |
A |
RRGAX |
C |
RRGCX |
R6 |
RRGRX |
INST |
RRGIX |
S |
RRGTX |
| |
1
| |
1
| |
2
| |
2
| |
5
| |
5
| |
6
| |
6
| |
6
| |
| |
7
| |
7
| |
8
| |
8
| |
11
| |
12
| |
12
| |
13
| |
13
| |
| |
14
| |
14
| |
15
| |
15
| |
18
| |
19
| |
19
| |
20
| |
20
|
| |
21
| |
21
| |
25
| |
30
| |
35
| |
36
| |
38
| |
| |
40
| |
46
| |
46
| |
47
| |
48
| |
49
| |
49
| |
49
| |
50
| |
56
| |
56
| |
57
| |
58
| |
61
| |
77
| |
77
| |
85
| |
86
| |
86 |
|
A |
C |
R |
R6 |
INST |
S |
Maximum
sales charge (load)
imposed
on purchases, as %
of
offering price |
5.75 |
None |
None |
None |
None |
None |
Maximum
deferred sales
charge
(load), as % of
redemption
proceeds1
|
None |
1.00 |
None |
None |
None |
None |
Account
Maintenance Fee
(annually,
for fund account
balances
below $10,000 and
subject
to certain exceptions) |
$20 |
$20 |
None |
None |
None |
$20 |
|
A |
C |
R |
R6 |
INST |
S |
Management
fee |
0.40 |
0.40 |
0.40 |
0.40 |
0.40 |
0.40 |
Distribution/service
(12b-1)
fees |
0.25 |
1.00 |
0.50 |
None |
None |
None |
Other
expenses |
0.34 |
0.31 |
0.40 |
0.14 |
0.22 |
0.35 |
Total
annual fund operating
expenses |
0.99 |
1.71 |
1.30 |
0.54 |
0.62 |
0.75 |
Years |
A |
C |
R |
R6 |
INST |
S |
1 |
$670 |
$274 |
$132 |
$55 |
$63 |
$77 |
3 |
872 |
539 |
412 |
173 |
199 |
240 |
5 |
1,091 |
928 |
713 |
302 |
346 |
417 |
10 |
1,718 |
1,829 |
1,568 |
677 |
774 |
930 |
Prospectus May 1, 2024 | 1 | DWS RREEF Real Estate Securities Fund |
Years |
A |
C |
R |
R6 |
INST |
S |
1 |
$670 |
$174 |
$132 |
$55 |
$63 |
$77 |
3 |
872 |
539 |
412 |
173 |
199 |
240 |
5 |
1,091 |
928 |
713 |
302 |
346 |
417 |
10 |
1,718 |
1,829 |
1,568 |
677 |
774 |
930 |
|
Returns |
Period
ending |
Best
Quarter |
16.98% |
December
31, 2021 |
Worst
Quarter |
-22.90% |
March
31, 2020 |
Year-to-Date |
-0.02% |
March
31, 2024 |
|
Class
Inception |
1
Year |
5
Years |
10
Years |
Class
A before
tax |
9/3/2002 |
5.47 |
5.89 |
6.97 |
After
tax on distribu-
tions |
|
4.78 |
4.25 |
4.79 |
After
tax on distribu-
tions
and sale of fund
shares |
|
3.20 |
4.13 |
4.84 |
Class
C before
tax |
9/3/2002 |
11.11 |
6.40 |
6.85 |
Class
R before
tax |
10/1/2003 |
11.56 |
6.84 |
7.27 |
INST
Class before
tax |
12/1/1999 |
12.35 |
7.55 |
7.98 |
Class
S before
tax |
5/2/2005 |
12.15 |
7.40 |
7.87 |
S&P
500 Index (reflects
no
deduction for fees,
expenses
or taxes) |
|
26.29 |
15.69 |
12.03 |
FTSE
NAREIT All Equity
REITs
Index (reflects
no
deduction
for fees,
expenses
or taxes) |
|
11.36 |
7.59 |
7.95 |
|
Class
Inception |
1
Year |
5
Years |
Since
Inception |
Class
R6
before tax |
8/25/2014 |
12.44 |
7.65 |
6.49 |
S&P
500 Index
(reflects
no
deduction for fees,
expenses
or taxes) |
|
26.29 |
15.69 |
11.88 |
FTSE
NAREIT All Equity
REITs
Index
(reflects no
deduction
for fees,
expenses
or taxes) |
|
11.36 |
7.59 |
6.47 |
|
Non-IRA
|
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans
|
A,
C
|
1,000 |
500 |
1,000 |
500 |
R |
None |
N/A |
N/A |
N/A |
R6 |
None |
N/A |
N/A |
N/A |
INST
|
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Mail |
All
Requests |
DWS
PO
Box 219151
Kansas
City, MO 64121-9151 |
Expedited
Mail |
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 | |
Web
Site |
dws.com | |
Telephone |
(800)
728-3337, M F 8 a.m. 7 p.m. ET | |
Hearing
Impaired |
For
hearing impaired assistance, please
call
us using a relay service |
|
A |
C |
R6 |
INST |
S |
Maximum
sales charge (load)
imposed
on purchases, as % of
offering
price |
5.75 |
None |
None |
None |
None |
Maximum
deferred sales charge
(load),
as % of redemption
proceeds1
|
None |
1.00 |
None |
None |
None |
Account
Maintenance Fee (annually,
for
fund account balances below
$10,000
and subject to certain
exceptions) |
$20 |
$20 |
None |
None |
$20 |
|
A |
C |
R6 |
INST |
S |
Management
fee |
0.90 |
0.90 |
0.90 |
0.90 |
0.90 |
Distribution/service
(12b-1) fees |
0.25 |
1.00 |
None |
None |
None |
Other
expenses |
0.24 |
0.24 |
0.14 |
0.22 |
0.31 |
Total
annual fund operating
expenses |
1.39 |
2.14 |
1.04 |
1.12 |
1.21 |
Fee
waiver/expense reimbursement |
0.13 |
0.13 |
0.03 |
0.11 |
0.10 |
Total
annual fund operating
expenses
after fee waiver/expense
reimbursement |
1.26 |
2.01 |
1.01 |
1.01 |
1.11 |
Prospectus May 1, 2024 | 7 | DWS RREEF Global Infrastructure Fund |
Years |
A |
C |
R6 |
INST |
S |
1 |
$696 |
$304 |
$103 |
$103 |
$113 |
3 |
978 |
657 |
328 |
345 |
374 |
5 |
1,280 |
1,137 |
571 |
606 |
655 |
10 |
2,137 |
2,271 |
1,268 |
1,353 |
1,457 |
Years |
A |
C |
R6 |
INST |
S |
1 |
$696 |
$204 |
$103 |
$103 |
$113 |
3 |
978 |
657 |
328 |
345 |
374 |
5 |
1,280 |
1,137 |
571 |
606 |
655 |
10 |
2,137 |
2,271 |
1,268 |
1,353 |
1,457 |
|
Returns |
Period
ending |
Best
Quarter |
14.93% |
March
31, 2019 |
Worst
Quarter |
-17.35% |
March
31, 2020 |
Year-to-Date |
0.75% |
March
31, 2024 |
|
Class
Inception |
1
Year |
5
Years |
10
Years |
Class
A before
tax |
6/24/2008 |
-4.15 |
5.96 |
3.89 |
After
tax on distribu-
tions |
|
-5.05 |
4.56 |
2.80 |
After
tax on distribu-
tions
and sale of fund
shares |
|
-2.41 |
4.32 |
2.74 |
Class
C before
tax |
6/24/2008 |
0.99 |
6.43 |
3.74 |
INST
Class before
tax |
6/24/2008 |
1.95 |
7.49 |
4.79 |
Class
S before
tax |
6/24/2008 |
1.85 |
7.40 |
4.70 |
MSCI
World Index
(reflects
no deduction for
fees,
expenses or taxes) |
|
23.79 |
12.80 |
8.60 |
Dow
Jones Brookfield
Global
Infrastructure
Index
(reflects
no deduc-
tion
for fees, expenses
or
taxes) |
|
4.51 |
6.97 |
5.29 |
|
Class
Inception |
1
Year |
5
Years |
Since
Inception |
Class
R6
before tax |
8/25/2014 |
2.02 |
7.54 |
3.38 |
MSCI
World Index
(reflects
no deduction for
fees,
expenses or taxes) |
|
23.79 |
12.80 |
8.55 |
Dow
Jones Brookfield
Global
Infrastructure
Index
(reflects no deduc-
tion
for fees, expenses
or
taxes) |
|
4.51 |
6.97 |
4.71 |
|
Non-IRA
|
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans
|
A,
C
|
1,000 |
500 |
1,000 |
500 |
R6 |
None |
N/A |
N/A |
N/A |
INST
|
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Mail |
All
Requests |
DWS
PO
Box 219151
Kansas
City, MO 64121-9151 |
Expedited
Mail |
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 | |
Web
Site |
dws.com | |
Telephone |
(800)
728-3337, M F 8 a.m. 7 p.m. ET | |
Hearing
Impaired |
For
hearing impaired assistance, please
call
us using a relay service |
|
A |
C |
R6 |
INST |
S |
Maximum
sales charge (load)
imposed
on purchases, as % of
offering
price |
5.75 |
None |
None |
None |
None |
Maximum
deferred sales charge
(load),
as % of redemption
proceeds1
|
None |
1.00 |
None |
None |
None |
Account
Maintenance Fee (annually,
for
fund account balances below
$10,000
and subject to certain
exceptions) |
$20 |
$20 |
None |
None |
$20 |
|
A |
C |
R6 |
INST |
S |
Management
fee |
0.70 |
0.70 |
0.70 |
0.70 |
0.70 |
Distribution/service
(12b-1) fees |
0.25 |
1.00 |
None |
None |
None |
Other
expenses |
0.43 |
0.38 |
0.26 |
0.33 |
0.46 |
Total
annual fund operating
expenses |
1.38 |
2.08 |
0.96 |
1.03 |
1.16 |
Fee
waiver/expense reimbursement |
0.18 |
0.13 |
0.01 |
0.08 |
0.11 |
Total
annual fund operating
expenses
after fee waiver/expense
reimbursement |
1.20 |
1.95 |
0.95 |
0.95 |
1.05 |
Prospectus May 1, 2024 | 14 | DWS RREEF Global Real Estate Securities Fund |
Years |
A |
C |
R6 |
INST |
S |
1 |
$690 |
$298 |
$97 |
$97 |
$107 |
3 |
970 |
639 |
305 |
320 |
358 |
5 |
1,271 |
1,107 |
530 |
561 |
628 |
10 |
2,122 |
2,221 |
1,177 |
1,252 |
1,399 |
Years |
A |
C |
R6 |
INST |
S |
1 |
$690 |
$198 |
$97 |
$97 |
$107 |
3 |
970 |
639 |
305 |
320 |
358 |
5 |
1,271 |
1,107 |
530 |
561 |
628 |
10 |
2,122 |
2,221 |
1,177 |
1,252 |
1,399 |
|
Returns |
Period
ending |
Best
Quarter |
14.74% |
March
31, 2019 |
Worst
Quarter |
-24.39% |
March
31, 2020 |
Year-to-Date |
0.14% |
March
31, 2024 |
|
Class
Inception |
1
Year |
5
Years |
10
Years |
Class
A before
tax |
7/3/2006 |
4.50 |
3.46 |
4.17 |
After
tax on distribu-
tions |
|
3.98 |
0.71 |
1.95 |
After
tax on distribu-
tions
and sale of fund
shares |
|
2.63 |
1.90 |
2.47 |
Class
C before
tax |
7/3/2006 |
10.11 |
3.92 |
4.01 |
INST
Class before
tax |
7/3/2006 |
11.25 |
5.05 |
5.10 |
Class
S before
tax |
7/3/2006 |
11.25 |
4.91 |
4.95 |
MSCI
World Index
(reflects
no deduction for
fees,
expenses or taxes) |
|
23.79 |
12.80 |
8.60 |
FTSE
EPRA/NAREIT
Developed
Index
(reflects
no deduction for
fees,
expenses or taxes) |
|
9.67 |
2.81 |
3.57 |
|
Class
Inception |
1
Year |
5
Years |
Since
Inception |
Class
R6
before tax |
11/1/2016 |
11.51 |
5.10 |
4.65 |
MSCI
World Index
(reflects
no deduction for
fees,
expenses or taxes) |
|
23.79 |
12.80 |
11.05 |
FTSE
EPRA/NAREIT
Developed
Index
(reflects
no deduction for
fees,
expenses or taxes) |
|
9.67 |
2.81 |
3.53 |
|
Non-IRA
|
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans
|
A,
C
|
1,000 |
500 |
1,000 |
500 |
R6 |
None |
N/A |
N/A |
N/A |
INST
|
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Mail |
All
Requests |
DWS
PO
Box 219151
Kansas
City, MO 64121-9151 |
Expedited
Mail |
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 | |
Web
Site |
dws.com | |
Telephone |
(800)
728-3337, M F 8 a.m. 7 p.m. ET | |
Hearing
Impaired |
For
hearing impaired assistance, please
call
us using a relay service |
Prospectus May 1, 2024 | 21 | Fund Details |
Fund
Name |
Fee
Paid |
DWS
RREEF Real Estate
Securities
Fund |
0.396
% |
DWS
RREEF Global Infrastruc-
ture
Fund |
0.888
%* |
DWS
RREEF Global Real
Estate
Securities Fund |
0.535
%* |
Classes
and features |
Points
to help you compare |
Class
A |
|
■Sales
charge of up to 5.75%
charged
when you buy shares
■In
most cases, no charge when
you
sell shares
■Up
to 0.25% annual share-
holder
servicing fee |
■Some
investors may be able to
reduce
or eliminate their sales
charge;
see Class
A Shares
and
Appendix B
■Total
annual expenses are
lower
than those for Class C
■Distributions
are generally
higher
than Class C |
Class
C |
|
■No
sales charge when you buy
shares
■Deferred
sales charge of
1.00%,
charged when you sell
shares
you bought within the
last
year
■0.75%
annual distribution fee
and
up to 0.25% annual share-
holder
servicing fee
|
■Unlike
Class A, Class C does
not
have a sales charge when
buying
shares, but has higher
annual
expenses and a one
year
deferred sales charge
■Distributions
are generally
lower
than Class A
■Maximum
investment applies
■Class
C automatically converts
to
Class A after 8 years,
provided
that records held by
the
fund or your financial inter-
mediary
verify Class C shares
have
been held for at least
8
years |
Class
R |
|
■No
sales charge when you buy
shares
and no deferred sales
charge
when you sell shares
■0.25%
annual distribution fee
and
up to 0.25% annual share-
holder
servicing fee |
■Only
available to participants in
certain
retirement plans
■Distributions
are generally
higher
than Class C but lower
than
Class A, Class S or Institu-
tional
Class |
Prospectus May 1, 2024 | 40 | Investing in the Funds |
Class
R6 |
|
■No
sales charge when you buy
shares
and no deferred sales
charge
when you sell shares |
■Only
available to participants in
certain
qualifying plans and
programs |
Institutional
Class |
|
■No
sales charge when you buy
shares
and no deferred sales
charge
when you sell shares |
■Only
available to certain institu-
tional
investors; typically
$1,000,000
minimum initial
investment
■Distributions
are generally
higher
than Class A, Class C
and
Class R, and may be higher
than
Class S, depending on
relative
expenses |
Class
S |
|
■No
sales charge when you buy
shares
and no deferred sales
charge
when you sell shares |
■Total
annual expenses are
lower
than those for Class A,
Class
C and Class R
■Distributions
are generally
higher
than Class A, Class C
and
Class R, and may be higher
than
Institutional Class,
depending
on relative expenses |
Your
investment
|
Front-end
sales
charge
as %
of
offering price1,2
|
Front-end
sales
charge
as % of your
net
investment2
|
Under
$50,000 |
5.75
% |
6.10
% |
$50,000$99,999
|
4.50 |
4.71 |
$100,000$249,999
|
3.50 |
3.63 |
$250,000$499,999
|
2.60 |
2.67 |
$500,000$999,999
|
2.00 |
2.04 |
$1
million or more
|
see
below3
|
see
below3
|
Year
after you bought shares
|
CDSC
on shares you sell
|
First
year
|
1.00
% |
Second
year and later
|
None |
Type
|
Address
|
Expedited
mail |
|
All
Requests
|
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 |
Regular
mail |
|
All
Requests
|
DWS
P.O.
Box 219151
Kansas
City, MO 64121-9151 |
|
Non-IRA
|
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans
|
A,
C
|
1,000 |
500 |
1,000 |
500 |
INST
|
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Bank
name
|
State
Street Bank Boston
|
Routing
Number
|
011000028
|
Attention
|
DWS
|
DDA
Number
|
9903-5552
|
FBO
|
(Account
name) (Account number)
|
Credit
|
(Fund
name, Fund number and, if
applicable,
class name) |
Class
|
Exchanging
into Another Fund ($)
|
A,
C
|
1,000
minimum into new non-IRA accounts per
fund
500
minimum into new IRA accounts per fund
50
minimum into all existing accounts per fund
|
INST |
1,000,000
minimum into new accounts per fund |
S |
2,500
minimum into new non-IRA accounts per
fund
1,000
minimum into new IRA and UTMA/UGMA
accounts
per fund
50
minimum into all existing accounts per
fund |
Class |
Selling
Shares ($)
|
A,
C
|
Check
redemption:Up to 100,000. More than
100,000
see Signature
Guarantee
Automated
Clearing House (ACH) to your bank:
Minimum
50, maximum 250,000
Wire
redemption to your bank: Minimum 1,000 |
INST |
Same
as Classes A and C
|
S |
Same
as Classes A and C |
( |
Total
Assets |
− |
Total
Liabilities |
) |
÷ |
Total
Number of
Shares
Outstanding |
= |
NAV |
Generally
taxed at net capital
gain
rates:
|
Generally
taxed at ordinary
income
rates:
|
Fund
distributions |
|
■gains
from the sale of securi-
ties
held (or treated as held)
by
a fund for more than one
year
■qualified
dividend income |
■gains
from the sale of securi-
ties
held (or treated as held)
by
a fund for one year or less
■all
other taxable income
|
Transactions
involving fund
shares |
|
■gains
from selling fund
shares
held for more than
one
year
|
■gains
from selling fund
shares
held for one year or
less |
DWS
RREEF Real Estate Securities Fund Class A | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$19.09 |
$27.37 |
$20.70 |
$22.64 |
$18.91 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.45 |
.34 |
.21 |
.32 |
.35 |
Net
realized and unrealized gain (loss) |
1.79 |
(7.85
) |
8.47 |
(1.60
) |
5.10 |
Total
from investment operations |
2.24 |
(7.51
) |
8.68 |
(1.28
) |
5.45 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.31
) |
(.29
) |
(.27
) |
(.34
) |
(.37
) |
Net
realized gains |
|
(.48
) |
(1.74
) |
(.32
) |
(1.35
) |
Total
distributions |
(.31
) |
(.77
) |
(2.01
) |
(.66
) |
(1.72
) |
Net
asset value, end of period |
$21.02 |
$19.09 |
$27.37 |
$20.70 |
$22.64 |
Total
Return (%)b
|
11.90 |
(27.63
) |
42.53 |
(5.20
) |
29.11 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
173 |
174 |
262 |
197 |
245 |
Ratio
of expenses (%) |
.99 |
.99 |
.97 |
.99 |
.98 |
Ratio
of net investment income (%) |
2.32 |
1.56 |
.86 |
1.61 |
1.55 |
Portfolio
turnover rate (%) |
84 |
114 |
114 |
133 |
134 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
Prospectus May 1, 2024 | 61 | Financial Highlights |
DWS
RREEF Real Estate Securities Fund Class C | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$19.38 |
$27.77 |
$20.99 |
$22.95 |
$19.15 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.30 |
.18 |
.04 |
.17 |
.19 |
Net
realized and unrealized gain (loss) |
1.84 |
(7.95
) |
8.57 |
(1.59
) |
5.17 |
Total
from investment operations |
2.14 |
(7.77
) |
8.61 |
(1.42
) |
5.36 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.18
) |
(.14
) |
(.09
) |
(.22
) |
(.21
) |
Net
realized gains |
|
(.48
) |
(1.74
) |
(.32
) |
(1.35
) |
Total
distributions |
(.18
) |
(.62
) |
(1.83
) |
(.54
) |
(1.56
) |
Net
asset value, end of period |
$21.34 |
$19.38 |
$27.77 |
$20.99 |
$22.95 |
Total
Return (%)b
|
11.11 |
(28.12
) |
41.46 |
(5.84
) |
28.21 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
4 |
6 |
11 |
11 |
16 |
Ratio
of expenses (%) |
1.71 |
1.69 |
1.68 |
1.69 |
1.66 |
Ratio
of net investment income (%) |
1.53 |
.80 |
.15 |
.87 |
.84 |
Portfolio
turnover rate (%) |
84 |
114 |
114 |
133 |
134 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
Prospectus May 1, 2024 | 62 | Financial Highlights |
DWS
RREEF Real Estate Securities Fund Class R | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$19.10 |
$27.37 |
$20.70 |
$22.64 |
$18.91 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.39 |
.28 |
.13 |
.26 |
.27 |
Net
realized and unrealized gain (loss) |
1.79 |
(7.84
) |
8.47 |
(1.60
) |
5.11 |
Total
from investment operations |
2.18 |
(7.56
) |
8.60 |
(1.34
) |
5.38 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.25
) |
(.23
) |
(.19
) |
(.28
) |
(.30
) |
Net
realized gains |
|
(.48
) |
(1.74
) |
(.32
) |
(1.35
) |
Total
distributions |
(.25
) |
(.71
) |
(1.93
) |
(.60
) |
(1.65
) |
Net
asset value, end of period |
$21.03 |
$19.10 |
$27.37 |
$20.70 |
$22.64 |
Total
Return (%) |
11.56 |
(27.81
) |
42.09 |
(5.50
) |
28.72 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
21 |
23 |
35 |
24 |
30 |
Ratio
of expenses (%) |
1.30 |
1.29 |
1.28 |
1.29 |
1.31 |
Ratio
of net investment income (%) |
2.00 |
1.25 |
.52 |
1.30 |
1.22 |
Portfolio
turnover rate (%) |
84 |
114 |
114 |
133 |
134 |
a |
Based
on average shares outstanding during the
period. |
Prospectus May 1, 2024 | 63 | Financial Highlights |
DWS
RREEF Real Estate Securities Fund Class R6 | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$19.06 |
$27.32 |
$20.67 |
$22.60 |
$18.88 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.54 |
.45 |
.32 |
.41 |
.43 |
Net
realized and unrealized gain (loss) |
1.79 |
(7.85
) |
8.45 |
(1.60
) |
5.11 |
Total
from investment operations |
2.33 |
(7.40
) |
8.77 |
(1.19
) |
5.54 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.40
) |
(.38
) |
(.38
) |
(.42
) |
(.47
) |
Net
realized gains |
|
(.48
) |
(1.74
) |
(.32
) |
(1.35
) |
Total
distributions |
(.40
) |
(.86
) |
(2.12
) |
(.74
) |
(1.82
) |
Net
asset value, end of period |
$20.99 |
$19.06 |
$27.32 |
$20.67 |
$22.60 |
Total
Return (%) |
12.44 |
(27.27
) |
43.12 |
(4.74
) |
29.66 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
292 |
264 |
377 |
249 |
249 |
Ratio
of expenses (%) |
.54 |
.53 |
.52 |
.54 |
.54 |
Ratio
of net investment income (%) |
2.79 |
2.03 |
1.31 |
2.07 |
1.90 |
Portfolio
turnover rate (%) |
84 |
114 |
114 |
133 |
134 |
a |
Based
on average shares outstanding during the
period. |
Prospectus May 1, 2024 | 64 | Financial Highlights |
DWS
RREEF Real Estate Securities Fund Institutional
Class | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$19.05 |
$27.31 |
$20.66 |
$22.60 |
$18.87 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.52 |
.43 |
.30 |
.39 |
.43 |
Net
realized and unrealized gain (loss) |
1.79 |
(7.84
) |
8.45 |
(1.60
) |
5.10 |
Total
from investment operations |
2.31 |
(7.41
) |
8.75 |
(1.21
) |
5.53 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.38
) |
(.37
) |
(.36
) |
(.41
) |
(.45
) |
Net
realized gains |
|
(.48
) |
(1.74
) |
(.32
) |
(1.35
) |
Total
distributions |
(.38
) |
(.85
) |
(2.10
) |
(.73
) |
(1.80
) |
Net
asset value, end of period |
$20.98 |
$19.05 |
$27.31 |
$20.66 |
$22.60 |
Total
Return (%) |
12.35 |
(27.35
) |
43.03 |
(4.87
) |
29.60 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
534 |
585 |
867 |
545 |
647 |
Ratio
of expenses (%) |
.62 |
.61 |
.61 |
.63 |
.63 |
Ratio
of net investment income (%) |
2.67 |
1.93 |
1.21 |
1.97 |
1.91 |
Portfolio
turnover rate (%) |
84 |
114 |
114 |
133 |
134 |
a |
Based
on average shares outstanding during the
period. |
Prospectus May 1, 2024 | 65 | Financial Highlights |
DWS
RREEF Real Estate Securities Fund Class S | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$19.23 |
$27.54 |
$20.83 |
$22.78 |
$19.02 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.50 |
.39 |
.27 |
.36 |
.39 |
Net
realized and unrealized gain (loss) |
1.80 |
(7.89
) |
8.51 |
(1.61
) |
5.15 |
Total
from investment operations |
2.30 |
(7.50
) |
8.78 |
(1.25
) |
5.54 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.36
) |
(.33
) |
(.33
) |
(.38
) |
(.43
) |
Net
realized gains |
|
(.48
) |
(1.74
) |
(.32
) |
(1.35
) |
Total
distributions |
(.36
) |
(.81
) |
(2.07
) |
(.70
) |
(1.78
) |
Net
asset value, end of period |
$21.17 |
$19.23 |
$27.54 |
$20.83 |
$22.78 |
Total
Return (%) |
12.15 |
(27.41
) |
42.78 |
(5.00
) |
29.41 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
100 |
113 |
200 |
168 |
219 |
Ratio
of expenses (%) |
.75 |
.75 |
.77 |
.77 |
.76 |
Ratio
of net investment income (%) |
2.54 |
1.75 |
1.08 |
1.82 |
1.72 |
Portfolio
turnover rate (%) |
84 |
114 |
114 |
133 |
134 |
a |
Based
on average shares outstanding during the
period. |
Prospectus May 1, 2024 | 66 | Financial Highlights |
DWS
RREEF Global Infrastructure Fund Class A | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$15.01 |
$18.01 |
$15.90 |
$16.53 |
$13.06 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.33 |
.23 |
.24 |
.16 |
.29 |
Net
realized and unrealized gain (loss) |
(.07
) |
(1.68
) |
2.91 |
(.56
) |
3.47 |
Total
from investment operations |
.26 |
(1.45
) |
3.15 |
(.40
) |
3.76 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.30
) |
(.21
) |
(.18
) |
(.18
) |
(.25
) |
Net
realized gains |
(.06
) |
(1.34
) |
(.86
) |
(.05
) |
|
Return
of capital |
|
|
|
|
(.04
) |
Total
distributions |
(.36
) |
(1.55
) |
(1.04
) |
(.23
) |
(.29
) |
Net
asset value, end of period |
$14.91 |
$15.01 |
$18.01 |
$15.90 |
$16.53 |
Total
Return (%)b,c
|
1.83 |
(7.97
) |
20.16 |
(2.23
) |
28.91 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
255 |
309 |
344 |
267 |
289 |
Ratio
of expenses before expense reductions (%) |
1.39 |
1.39 |
1.38 |
1.40 |
1.41 |
Ratio
of expenses after expense reductions (%) |
1.28 |
1.28 |
1.33 |
1.33 |
1.36 |
Ratio
of net investment income (%) |
2.23 |
1.33 |
1.37 |
1.07 |
1.90 |
Portfolio
turnover rate (%) |
43 |
40 |
44 |
54 |
60 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 67 | Financial Highlights |
DWS
RREEF Global Infrastructure Fund Class C | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$14.75 |
$17.73 |
$15.69 |
$16.33 |
$12.90 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.20 |
.07 |
.08 |
.04 |
.17 |
Net
realized and unrealized gain (loss) |
(.04
) |
(1.61
) |
2.89 |
(.55
) |
3.43 |
Total
from investment operations |
.16 |
(1.54
) |
2.97 |
(.51
) |
3.60 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.19
) |
(.10
) |
(.07
) |
(.08
) |
(.15
) |
Net
realized gains |
(.06
) |
(1.34
) |
(.86
) |
(.05
) |
|
Return
of capital |
|
|
|
|
(.02
) |
Total
distributions |
(.25
) |
(1.44
) |
(.93
) |
(.13
) |
(.17
) |
Net
asset value, end of period |
$14.66 |
$14.75 |
$17.73 |
$15.69 |
$16.33 |
Total
Return (%)b,c
|
1.13 |
(8.64
) |
19.23 |
(2.99
) |
27.97 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
21 |
47 |
98 |
153 |
252 |
Ratio
of expenses before expense reductions (%) |
2.14 |
2.17 |
2.15 |
2.16 |
2.17 |
Ratio
of expenses after expense reductions (%) |
2.03 |
2.03 |
2.08 |
2.08 |
2.11 |
Ratio
of net investment income (%) |
1.34 |
.43 |
.49 |
.28 |
1.15 |
Portfolio
turnover rate (%) |
43 |
40 |
44 |
54 |
60 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 68 | Financial Highlights |
DWS
RREEF Global Infrastructure Fund Class R6 | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$14.95 |
$17.94 |
$15.85 |
$16.47 |
$13.01 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.37 |
.26 |
.39 |
.21 |
.34 |
Net
realized and unrealized gain (loss) |
(.07
) |
(1.65
) |
2.79 |
(.56
) |
3.46 |
Total
from investment operations |
.30 |
(1.39
) |
3.18 |
(.35
) |
3.80 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.34
) |
(.26
) |
(.23
) |
(.22
) |
(.29
) |
Net
realized gains |
(.06
) |
(1.34
) |
(.86
) |
(.05
) |
|
Return
of capital |
|
|
|
|
(.05
) |
Total
distributions |
(.40
) |
(1.60
) |
(1.09
) |
(.27
) |
(.34
) |
Net
asset value, end of period |
$14.85 |
$14.95 |
$17.94 |
$15.85 |
$16.47 |
Total
Return (%) |
2.02
b |
(7.75
)b |
20.49 |
(1.92
) |
29.33 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
14 |
13 |
22 |
3 |
3 |
Ratio
of expenses before expense reductions (%) |
1.04 |
1.04 |
1.03 |
1.06 |
1.06 |
Ratio
of expenses after expense reductions (%) |
1.03 |
1.03 |
1.03 |
1.06 |
1.06 |
Ratio
of net investment income (%) |
2.50 |
1.50 |
2.26 |
1.35 |
2.22 |
Portfolio
turnover rate (%) |
43 |
40 |
44 |
54 |
60 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 69 | Financial Highlights |
DWS
RREEF Global Infrastructure Fund Institutional
Class | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$14.93 |
$17.92 |
$15.83 |
$16.45 |
$13.00 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.36 |
.27 |
.28 |
.20 |
.34 |
Net
realized and unrealized gain (loss) |
(.07
) |
(1.67
) |
2.89 |
(.55
) |
3.44 |
Total
from investment operations |
.29 |
(1.40
) |
3.17 |
(.35
) |
3.78 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.33
) |
(.25
) |
(.22
) |
(.22
) |
(.29
) |
Net
realized gains |
(.06
) |
(1.34
) |
(.86
) |
(.05
) |
|
Return
of capital |
|
|
|
|
(.04
) |
Total
distributions |
(.39
) |
(1.59
) |
(1.08
) |
(.27
) |
(.33
) |
Net
asset value, end of period |
$14.83 |
$14.93 |
$17.92 |
$15.83 |
$16.45 |
Total
Return (%)b
|
2.08 |
(7.73
) |
20.42 |
(1.95
) |
29.21 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
542 |
707 |
873 |
689 |
750 |
Ratio
of expenses before expense reductions (%) |
1.12 |
1.13 |
1.13 |
1.14 |
1.13 |
Ratio
of expenses after expense reductions (%) |
1.03 |
1.03 |
1.08 |
1.08 |
1.11 |
Ratio
of net investment income (%) |
2.47 |
1.57 |
1.62 |
1.32 |
2.24 |
Portfolio
turnover rate (%) |
43 |
40 |
44 |
54 |
60 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 70 | Financial Highlights |
DWS
RREEF Global Infrastructure Fund Class S | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$14.95 |
$17.93 |
$15.84 |
$16.47 |
$13.01 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.35 |
.25 |
.25 |
.18 |
.29 |
Net
realized and unrealized gain (loss) |
(.07
) |
(1.65
) |
2.91 |
(.55
) |
3.49 |
Total
from investment operations |
.28 |
(1.40
) |
3.16 |
(.37
) |
3.78 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.32
) |
(.24
) |
(.21
) |
(.21
) |
(.28
) |
Net
realized gains |
(.06
) |
(1.34
) |
(.86
) |
(.05
) |
|
Return
of capital |
|
|
|
|
(.04
) |
Total
distributions |
(.38
) |
(1.58
) |
(1.07
) |
(.26
) |
(.32
) |
Net
asset value, end of period |
$14.85 |
$14.95 |
$17.93 |
$15.84 |
$16.47 |
Total
Return (%)b
|
1.98 |
(7.76
) |
20.28 |
(2.10
) |
29.16 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
104 |
145 |
178 |
180 |
238 |
Ratio
of expenses before expense reductions (%) |
1.21 |
1.22 |
1.21 |
1.21 |
1.21 |
Ratio
of expenses after expense reductions (%) |
1.13 |
1.13 |
1.18 |
1.18 |
1.20 |
Ratio
of net investment income (%) |
2.37 |
1.46 |
1.47 |
1.19 |
1.94 |
Portfolio
turnover rate (%) |
43 |
40 |
44 |
54 |
60 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 71 | Financial Highlights |
DWS
RREEF Global Real Estate Securities Fund Class
A | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$6.40 |
$9.31 |
$7.77 |
$8.98 |
$8.41 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.16 |
.13 |
.11 |
.12 |
.16 |
Net
realized and unrealized gain (loss) |
.53 |
(2.59
) |
2.18 |
(.62
) |
1.86 |
Total
from investment operations |
.69 |
(2.46
) |
2.29 |
(.50
) |
2.02 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.08
) |
(.11
) |
(.35
) |
(.34
) |
(.61
) |
Net
realized gains |
|
(.34
) |
(.40
) |
(.37
) |
(.84
) |
Total
distributions |
(.08
) |
(.45
) |
(.75
) |
(.71
) |
(1.45
) |
Net
asset value, end of period |
$7.01 |
$6.40 |
$9.31 |
$7.77 |
$8.98 |
Total
Return (%)b,c
|
10.88 |
(26.72
) |
30.09 |
(4.44
) |
24.51 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
13 |
15 |
26 |
21 |
31 |
Ratio
of expenses before expense reductions (%) |
1.38 |
1.38 |
1.33 |
1.39 |
1.29 |
Ratio
of expenses after expense reductions (%) |
1.20 |
1.20 |
1.20 |
1.20 |
1.18 |
Ratio
of net investment income (%) |
2.45 |
1.80 |
1.24 |
1.60 |
1.64 |
Portfolio
turnover rate (%) |
82 |
101 |
84 |
115 |
108 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 72 | Financial Highlights |
DWS
RREEF Global Real Estate Securities Fund Class
C | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$6.36 |
$9.33 |
$7.72 |
$8.99 |
$8.42 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.11 |
.08 |
.04 |
.06 |
.09 |
Net
realized and unrealized gain (loss) |
.53 |
(2.60
) |
2.18 |
(.62
) |
1.85 |
Total
from investment operations |
.64 |
(2.52
) |
2.22 |
(.56
) |
1.94 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.03
) |
(.11
) |
(.21
) |
(.34
) |
(.53
) |
Net
realized gains |
|
(.34
) |
(.40
) |
(.37
) |
(.84
) |
Total
distributions |
(.03
) |
(.45
) |
(.61
) |
(.71
) |
(1.37
) |
Net
asset value, end of period |
$6.97 |
$6.36 |
$9.33 |
$7.72 |
$8.99 |
Total
Return (%)b,c
|
10.11 |
(27.33
) |
29.26 |
(5.24
) |
23.65 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
2 |
2 |
4 |
4 |
6 |
Ratio
of expenses before expense reductions (%) |
2.08 |
2.07 |
2.03 |
2.10 |
2.04 |
Ratio
of expenses after expense reductions (%) |
1.92 |
1.93 |
1.92 |
1.93 |
1.93 |
Ratio
of net investment income (%) |
1.69 |
1.05 |
.49 |
.87 |
.89 |
Portfolio
turnover rate (%) |
82 |
101 |
84 |
115 |
108 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 73 | Financial Highlights |
DWS
RREEF Global Real Estate Securities Fund Class
R6 | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$6.40 |
$9.28 |
$7.78 |
$8.96 |
$8.39 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.19 |
.17 |
.14 |
.15 |
.20 |
Net
realized and unrealized gain (loss) |
.53 |
(2.60
) |
2.19 |
(.62
) |
1.85 |
Total
from investment operations |
.72 |
(2.43
) |
2.33 |
(.47
) |
2.05 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.10
) |
(.11
) |
(.43
) |
(.34
) |
(.64
) |
Net
realized gains |
|
(.34
) |
(.40
) |
(.37
) |
(.84
) |
Total
distributions |
(.10
) |
(.45
) |
(.83
) |
(.71
) |
(1.48
) |
Net
asset value, end of period |
$7.02 |
$6.40 |
$9.28 |
$7.78 |
$8.96 |
Total
Return (%)b
|
11.51 |
(26.47
) |
30.61 |
(4.09
) |
24.88 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
101 |
91 |
110 |
94 |
88 |
Ratio
of expenses before expense reductions (%) |
.96 |
.94 |
.91 |
.96 |
.91 |
Ratio
of expenses after expense reductions (%) |
.79 |
.79 |
.79 |
.79 |
.79 |
Ratio
of net investment income (%) |
2.90 |
2.28 |
1.64 |
2.09 |
2.04 |
Portfolio
turnover rate (%) |
82 |
101 |
84 |
115 |
108 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 74 | Financial Highlights |
DWS
RREEF Global Real Estate Securities Fund Institutional
Class | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$6.40 |
$9.28 |
$7.77 |
$8.96 |
$8.38 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.18 |
.16 |
.14 |
.14 |
.18 |
Net
realized and unrealized gain (loss) |
.53 |
(2.59
) |
2.18 |
(.62
) |
1.88 |
Total
from investment operations |
.71 |
(2.43
) |
2.32 |
(.48
) |
2.06 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.10
) |
(.11
) |
(.41
) |
(.34
) |
(.64
) |
Net
realized gains |
|
(.34
) |
(.40
) |
(.37
) |
(.84
) |
Total
distributions |
(.10
) |
(.45
) |
(.81
) |
(.71
) |
(1.48
) |
Net
asset value, end of period |
$7.01 |
$6.40 |
$9.28 |
$7.77 |
$8.96 |
Total
Return (%)b
|
11.25 |
(26.47
) |
30.54 |
(4.21
) |
25.05 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
45 |
53 |
107 |
98 |
162 |
Ratio
of expenses before expense reductions (%) |
1.03 |
1.02 |
.99 |
1.05 |
1.01 |
Ratio
of expenses after expense reductions (%) |
.86 |
.88 |
.88 |
.88 |
.90 |
Ratio
of net investment income (%) |
2.78 |
2.11 |
1.54 |
1.91 |
1.94 |
Portfolio
turnover rate (%) |
82 |
101 |
84 |
115 |
108 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 75 | Financial Highlights |
DWS
RREEF Global Real Estate Securities Fund Class
S | |||||
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$6.39 |
$9.29 |
$7.77 |
$8.96 |
$8.39 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea
|
.17 |
.15 |
.13 |
.13 |
.18 |
Net
realized and unrealized gain (loss) |
.54 |
(2.60
) |
2.18 |
(.61
) |
1.86 |
Total
from investment operations |
.71 |
(2.45
) |
2.31 |
(.48
) |
2.04 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.09
) |
(.11
) |
(.39
) |
(.34
) |
(.63
) |
Net
realized gains |
|
(.34
) |
(.40
) |
(.37
) |
(.84
) |
Total
distributions |
(.09
) |
(.45
) |
(.79
) |
(.71
) |
(1.47
) |
Net
asset value, end of period |
$7.01 |
$6.39 |
$9.29 |
$7.77 |
$8.96 |
Total
Return (%)b
|
11.25 |
(26.67
) |
30.51 |
(4.33
) |
24.76 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net
assets, end of period ($ millions) |
12 |
12 |
21 |
20 |
44 |
Ratio
of expenses before expense reductions (%) |
1.16 |
1.17 |
1.11 |
1.17 |
1.11 |
Ratio
of expenses after expense reductions (%) |
1.00 |
1.03 |
1.00 |
1.00 |
1.00 |
Ratio
of net investment income (%) |
2.66 |
1.98 |
1.43 |
1.72 |
1.85 |
Portfolio
turnover rate (%) |
82 |
101 |
84 |
115 |
108 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus May 1, 2024 | 76 | Financial Highlights |
|
Maximum
Sales
Charge:
5.75% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
0.99% |
-1.97% |
$9,802.94 |
$670.18 |
2 |
10.25% |
0.99% |
1.96% |
$10,196.04 |
$98.99 |
3 |
15.76% |
0.99% |
6.05% |
$10,604.90 |
$102.96 |
4 |
21.55% |
0.99% |
10.30% |
$11,030.16 |
$107.09 |
5 |
27.63% |
0.99% |
14.72% |
$11,472.47 |
$111.39 |
6 |
34.01% |
0.99% |
19.33% |
$11,932.51 |
$115.85 |
7 |
40.71% |
0.99% |
24.11% |
$12,411.01 |
$120.50 |
8 |
47.75% |
0.99% |
29.09% |
$12,908.69 |
$125.33 |
9 |
55.13% |
0.99% |
34.26% |
$13,426.33 |
$130.36 |
10 |
62.89% |
0.99% |
39.65% |
$13,964.72 |
$135.59 |
Total |
$1,718.24 |
Prospectus May 1, 2024 | 77 | Appendix A |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
1.71% |
3.29% |
$10,329.00 |
$173.81 |
2 |
10.25% |
1.71% |
6.69% |
$10,668.82 |
$179.53 |
3 |
15.76% |
1.71% |
10.20% |
$11,019.83 |
$185.44 |
4 |
21.55% |
1.71% |
13.82% |
$11,382.38 |
$191.54 |
5 |
27.63% |
1.71% |
17.57% |
$11,756.86 |
$197.84 |
6 |
34.01% |
1.71% |
21.44% |
$12,143.66 |
$204.35 |
7 |
40.71% |
1.71% |
25.43% |
$12,543.19 |
$211.07 |
8 |
47.75% |
1.71% |
29.56% |
$12,955.86 |
$218.02 |
9 |
55.13% |
0.99% |
34.75% |
$13,475.39 |
$130.83 |
10 |
62.89% |
0.99% |
40.16% |
$14,015.75 |
$136.08 |
Total |
$1,828.51 |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
1.30% |
3.70% |
$10,370.00 |
$132.41 |
2 |
10.25% |
1.30% |
7.54% |
$10,753.69 |
$137.30 |
3 |
15.76% |
1.30% |
11.52% |
$11,151.58 |
$142.38 |
4 |
21.55% |
1.30% |
15.64% |
$11,564.18 |
$147.65 |
5 |
27.63% |
1.30% |
19.92% |
$11,992.06 |
$153.12 |
6 |
34.01% |
1.30% |
24.36% |
$12,435.77 |
$158.78 |
7 |
40.71% |
1.30% |
28.96% |
$12,895.89 |
$164.66 |
8 |
47.75% |
1.30% |
33.73% |
$13,373.04 |
$170.75 |
9 |
55.13% |
1.30% |
38.68% |
$13,867.84 |
$177.07 |
10 |
62.89% |
1.30% |
43.81% |
$14,380.95 |
$183.62 |
Total |
$1,567.74 |
Prospectus May 1, 2024 | 78 | Appendix A |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
0.54% |
4.46% |
$10,446.00 |
$55.20 |
2 |
10.25% |
0.54% |
9.12% |
$10,911.89 |
$57.67 |
3 |
15.76% |
0.54% |
13.99% |
$11,398.56 |
$60.24 |
4 |
21.55% |
0.54% |
19.07% |
$11,906.94 |
$62.92 |
5 |
27.63% |
0.54% |
24.38% |
$12,437.99 |
$65.73 |
6 |
34.01% |
0.54% |
29.93% |
$12,992.72 |
$68.66 |
7 |
40.71% |
0.54% |
35.72% |
$13,572.20 |
$71.73 |
8 |
47.75% |
0.54% |
41.78% |
$14,177.52 |
$74.92 |
9 |
55.13% |
0.54% |
48.10% |
$14,809.83 |
$78.27 |
10 |
62.89% |
0.54% |
54.70% |
$15,470.35 |
$81.76 |
Total |
$677.10 |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
0.62% |
4.38% |
$10,438.00 |
$63.36 |
2 |
10.25% |
0.62% |
8.95% |
$10,895.18 |
$66.13 |
3 |
15.76% |
0.62% |
13.72% |
$11,372.39 |
$69.03 |
4 |
21.55% |
0.62% |
18.71% |
$11,870.50 |
$72.05 |
5 |
27.63% |
0.62% |
23.90% |
$12,390.43 |
$75.21 |
6 |
34.01% |
0.62% |
29.33% |
$12,933.13 |
$78.50 |
7 |
40.71% |
0.62% |
35.00% |
$13,499.60 |
$81.94 |
8 |
47.75% |
0.62% |
40.91% |
$14,090.89 |
$85.53 |
9 |
55.13% |
0.62% |
47.08% |
$14,708.07 |
$89.28 |
10 |
62.89% |
0.62% |
53.52% |
$15,352.28 |
$93.19 |
Total |
$774.22 |
Prospectus May 1, 2024 | 79 | Appendix A |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
0.75% |
4.25% |
$10,425.00 |
$76.59 |
2 |
10.25% |
0.75% |
8.68% |
$10,868.06 |
$79.85 |
3 |
15.76% |
0.75% |
13.30% |
$11,329.96 |
$83.24 |
4 |
21.55% |
0.75% |
18.11% |
$11,811.48 |
$86.78 |
5 |
27.63% |
0.75% |
23.13% |
$12,313.47 |
$90.47 |
6 |
34.01% |
0.75% |
28.37% |
$12,836.79 |
$94.31 |
7 |
40.71% |
0.75% |
33.82% |
$13,382.35 |
$98.32 |
8 |
47.75% |
0.75% |
39.51% |
$13,951.10 |
$102.50 |
9 |
55.13% |
0.75% |
45.44% |
$14,544.02 |
$106.86 |
10 |
62.89% |
0.75% |
51.62% |
$15,162.14 |
$111.40 |
Total |
$930.32 |
|
Maximum
Sales
Charge:
5.75% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
1.26% |
-2.23% |
$9,777.50 |
$695.98 |
2 |
10.25% |
1.39% |
1.30% |
$10,130.46 |
$138.36 |
3 |
15.76% |
1.39% |
4.96% |
$10,496.17 |
$143.36 |
4 |
21.55% |
1.39% |
8.75% |
$10,875.08 |
$148.53 |
5 |
27.63% |
1.39% |
12.68% |
$11,267.67 |
$153.89 |
6 |
34.01% |
1.39% |
16.74% |
$11,674.44 |
$159.45 |
7 |
40.71% |
1.39% |
20.96% |
$12,095.88 |
$165.20 |
8 |
47.75% |
1.39% |
25.33% |
$12,532.55 |
$171.17 |
9 |
55.13% |
1.39% |
29.85% |
$12,984.97 |
$177.35 |
10 |
62.89% |
1.39% |
34.54% |
$13,453.73 |
$183.75 |
Total |
$2,137.04 |
Prospectus May 1, 2024 | 80 | Appendix A |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
2.01% |
2.99% |
$10,299.00 |
$204.00 |
2 |
10.25% |
2.14% |
5.94% |
$10,593.55 |
$223.55 |
3 |
15.76% |
2.14% |
8.97% |
$10,896.53 |
$229.94 |
4 |
21.55% |
2.14% |
12.08% |
$11,208.17 |
$236.52 |
5 |
27.63% |
2.14% |
15.29% |
$11,528.72 |
$243.28 |
6 |
34.01% |
2.14% |
18.58% |
$11,858.44 |
$250.24 |
7 |
40.71% |
2.14% |
21.98% |
$12,197.59 |
$257.40 |
8 |
47.75% |
2.14% |
25.46% |
$12,546.45 |
$264.76 |
9 |
55.13% |
1.39% |
29.99% |
$12,999.37 |
$177.54 |
10 |
62.89% |
1.39% |
34.69% |
$13,468.65 |
$183.95 |
Total |
$2,271.18 |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
1.01% |
3.99% |
$10,399.00 |
$103.01 |
2 |
10.25% |
1.04% |
8.11% |
$10,810.80 |
$110.29 |
3 |
15.76% |
1.04% |
12.39% |
$11,238.91 |
$114.66 |
4 |
21.55% |
1.04% |
16.84% |
$11,683.97 |
$119.20 |
5 |
27.63% |
1.04% |
21.47% |
$12,146.65 |
$123.92 |
6 |
34.01% |
1.04% |
26.28% |
$12,627.66 |
$128.83 |
7 |
40.71% |
1.04% |
31.28% |
$13,127.72 |
$133.93 |
8 |
47.75% |
1.04% |
36.48% |
$13,647.57 |
$139.23 |
9 |
55.13% |
1.04% |
41.88% |
$14,188.02 |
$144.75 |
10 |
62.89% |
1.04% |
47.50% |
$14,749.86 |
$150.48 |
Total |
$1,268.30 |
Prospectus May 1, 2024 | 81 | Appendix A |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
1.01% |
3.99% |
$10,399.00 |
$103.01 |
2 |
10.25% |
1.12% |
8.02% |
$10,802.48 |
$118.73 |
3 |
15.76% |
1.12% |
12.22% |
$11,221.62 |
$123.33 |
4 |
21.55% |
1.12% |
16.57% |
$11,657.02 |
$128.12 |
5 |
27.63% |
1.12% |
21.09% |
$12,109.31 |
$133.09 |
6 |
34.01% |
1.12% |
25.79% |
$12,579.15 |
$138.26 |
7 |
40.71% |
1.12% |
30.67% |
$13,067.22 |
$143.62 |
8 |
47.75% |
1.12% |
35.74% |
$13,574.23 |
$149.19 |
9 |
55.13% |
1.12% |
41.01% |
$14,100.91 |
$154.98 |
10 |
62.89% |
1.12% |
46.48% |
$14,648.02 |
$160.99 |
Total |
$1,353.32 |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
1.11% |
3.89% |
$10,389.00 |
$113.16 |
2 |
10.25% |
1.21% |
7.83% |
$10,782.74 |
$128.09 |
3 |
15.76% |
1.21% |
11.91% |
$11,191.41 |
$132.94 |
4 |
21.55% |
1.21% |
16.16% |
$11,615.56 |
$137.98 |
5 |
27.63% |
1.21% |
20.56% |
$12,055.79 |
$143.21 |
6 |
34.01% |
1.21% |
25.13% |
$12,512.71 |
$148.64 |
7 |
40.71% |
1.21% |
29.87% |
$12,986.94 |
$154.27 |
8 |
47.75% |
1.21% |
34.79% |
$13,479.14 |
$160.12 |
9 |
55.13% |
1.21% |
39.90% |
$13,990.00 |
$166.19 |
10 |
62.89% |
1.21% |
45.20% |
$14,520.23 |
$172.49 |
Total |
$1,457.09 |
Prospectus May 1, 2024 | 82 | Appendix A |
|
Maximum
Sales
Charge:
5.75% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
1.20% |
-2.17% |
$9,783.15 |
$690.25 |
2 |
10.25% |
1.38% |
1.37% |
$10,137.30 |
$137.45 |
3 |
15.76% |
1.38% |
5.04% |
$10,504.27 |
$142.43 |
4 |
21.55% |
1.38% |
8.85% |
$10,884.52 |
$147.58 |
5 |
27.63% |
1.38% |
12.79% |
$11,278.54 |
$152.93 |
6 |
34.01% |
1.38% |
16.87% |
$11,686.83 |
$158.46 |
7 |
40.71% |
1.38% |
21.10% |
$12,109.89 |
$164.20 |
8 |
47.75% |
1.38% |
25.48% |
$12,548.27 |
$170.14 |
9 |
55.13% |
1.38% |
30.03% |
$13,002.52 |
$176.30 |
10 |
62.89% |
1.38% |
34.73% |
$13,473.21 |
$182.68 |
Total |
$2,122.42 |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
1.95% |
3.05% |
$10,305.00 |
$197.97 |
2 |
10.25% |
2.08% |
6.06% |
$10,605.91 |
$217.47 |
3 |
15.76% |
2.08% |
9.16% |
$10,915.60 |
$223.82 |
4 |
21.55% |
2.08% |
12.34% |
$11,234.33 |
$230.36 |
5 |
27.63% |
2.08% |
15.62% |
$11,562.38 |
$237.09 |
6 |
34.01% |
2.08% |
19.00% |
$11,900.00 |
$244.01 |
7 |
40.71% |
2.08% |
22.47% |
$12,247.48 |
$251.13 |
8 |
47.75% |
2.08% |
26.05% |
$12,605.10 |
$258.47 |
9 |
55.13% |
1.38% |
30.61% |
$13,061.41 |
$177.10 |
10 |
62.89% |
1.38% |
35.34% |
$13,534.23 |
$183.51 |
Total |
$2,220.93 |
Prospectus May 1, 2024 | 83 | Appendix A |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
0.95% |
4.05% |
$10,405.00 |
$96.92 |
2 |
10.25% |
0.96% |
8.25% |
$10,825.36 |
$101.91 |
3 |
15.76% |
0.96% |
12.63% |
$11,262.71 |
$106.02 |
4 |
21.55% |
0.96% |
17.18% |
$11,717.72 |
$110.31 |
5 |
27.63% |
0.96% |
21.91% |
$12,191.12 |
$114.76 |
6 |
34.01% |
0.96% |
26.84% |
$12,683.64 |
$119.40 |
7 |
40.71% |
0.96% |
31.96% |
$13,196.06 |
$124.22 |
8 |
47.75% |
0.96% |
37.29% |
$13,729.18 |
$129.24 |
9 |
55.13% |
0.96% |
42.84% |
$14,283.84 |
$134.46 |
10 |
62.89% |
0.96% |
48.61% |
$14,860.90 |
$139.89 |
Total |
$1,177.13 |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
0.95% |
4.05% |
$10,405.00 |
$96.92 |
2 |
10.25% |
1.03% |
8.18% |
$10,818.08 |
$109.30 |
3 |
15.76% |
1.03% |
12.48% |
$11,247.56 |
$113.64 |
4 |
21.55% |
1.03% |
16.94% |
$11,694.08 |
$118.15 |
5 |
27.63% |
1.03% |
21.58% |
$12,158.34 |
$122.84 |
6 |
34.01% |
1.03% |
26.41% |
$12,641.03 |
$127.72 |
7 |
40.71% |
1.03% |
31.43% |
$13,142.87 |
$132.79 |
8 |
47.75% |
1.03% |
36.65% |
$13,664.65 |
$138.06 |
9 |
55.13% |
1.03% |
42.07% |
$14,207.13 |
$143.54 |
10 |
62.89% |
1.03% |
47.71% |
$14,771.16 |
$149.24 |
Total |
$1,252.20 |
Prospectus May 1, 2024 | 84 | Appendix A |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
1.05% |
3.95% |
$10,395.00 |
$107.07 |
2 |
10.25% |
1.16% |
7.94% |
$10,794.17 |
$122.90 |
3 |
15.76% |
1.16% |
12.09% |
$11,208.66 |
$127.62 |
4 |
21.55% |
1.16% |
16.39% |
$11,639.08 |
$132.52 |
5 |
27.63% |
1.16% |
20.86% |
$12,086.02 |
$137.61 |
6 |
34.01% |
1.16% |
25.50% |
$12,550.12 |
$142.89 |
7 |
40.71% |
1.16% |
30.32% |
$13,032.04 |
$148.38 |
8 |
47.75% |
1.16% |
35.32% |
$13,532.48 |
$154.07 |
9 |
55.13% |
1.16% |
40.52% |
$14,052.12 |
$159.99 |
10 |
62.89% |
1.16% |
45.92% |
$14,591.72 |
$166.13 |
Total |
$1,399.18 |
Prospectus May 1, 2024 | 85 | Appendix A |
Prospectus May 1, 2024 | 86 | Appendix B |
Prospectus May 1, 2024 | 87 | Appendix B |
Prospectus May 1, 2024 | 88 | Appendix B |
Prospectus May 1, 2024 | 89 | Appendix B |
Prospectus May 1, 2024 | 90 | Appendix B |
Prospectus May 1, 2024 | 91 | Appendix B |
Prospectus May 1, 2024 | 92 | Appendix B |
Prospectus May 1, 2024 | 93 | Appendix B |
DWS |
PO
Box 219151
Kansas
City, MO
64121-9151
dws.com |
|
Shareholders:
(800)
728-3337
Investment
professionals:
(800)
621-5027 |
Distributor |
DWS
Distributors, Inc.
222
South Riverside Plaza
Chicago,
IL 60606-5808
(800)
621-1148 |
SEC
File Number |
Deutsche
DWS Securities Trust
DWS
RREEF Real Estate Securities
Fund
811-02021
Deutsche
DWS Global/International
Fund,
Inc.
DWS
RREEF Global Infrastructure Fund
811-04670
Deutsche
DWS Securities Trust
DWS
RREEF Global Real Estate Securi-
ties
Fund
811-02021 |