Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

How Return of Capital Distributions Are Taxed

Mutualfunds logo

AAAAX Deutsche Real Assets A

  • Fund
  • AAAAX
  • Price as of: Sep 22, 2017
  • $9.25
  • - $0.02
  • - 0.22%
  • Category
  • Diversified Portfolio

AAAAX - Profile

Vitals

  • YTD Return 9.2%
  • 3 Yr Annualized Return 0.2%
  • 5 Yr Annualized Return 2.0%
  • Net Assets $214 M
  • Holdings in Top 10 27.8%

52 WEEK LOW AND HIGH

$9.25
$8.17
$9.40

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.41%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 222.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$500

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return 9.2%
  • 3 Yr Annualized Total Return -1.8%
  • 5 Yr Annualized Total Return 0.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.17%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Deutsche Real Assets Fund
  • Fund Family Name Deutsche Asset Management
  • Inception Date Jul 30, 2007
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager John W. Vojticek

Fund Description

The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a combination of investments that the Advisor believes offer exposure to "real assets." It generally invests between 25% and 75% of fund assets in securities of foreign issuers, including up to 10% of fund assets in issuers located in countries with new or emerging markets.

AAAAX - Performance

Return Ranking - Trailing

Period AAAAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.2% -49.2% 437.8% 22.48% 2
1 Yr 6.2% -26.7% 45.9% 59.42% 4
3 Yr 0.2% * -14.0% 11.8% 85.25% 5
5 Yr 2.0% * -12.0% 15.4% 90.39% 5
10 Yr 2.0% * -5.1% 8.7% 91.62% 5

* Annualized


Return Ranking - Calendar

Period AAAAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.5% -65.8% 23.3% 46.05% 3
2015 -11.6% -37.7% 48.7% 77.25% 5
2014 0.1% -59.3% 22.9% 42.24% 3
2013 -0.5% -17.5% 36.4% 77.99% 5
2012 7.1% -16.2% 18.4% 54.95% 4

Total Return Ranking - Trailing

Period AAAAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.2% -49.2% 437.8% 22.52% 2
1 Yr 0.1% -28.0% 73.2% 82.69% 5
3 Yr -1.8% * -15.0% 28.2% 91.99% 5
5 Yr 0.8% * -12.3% 15.4% 93.58% 5
10 Yr 1.4% * -5.1% 8.7% 93.45% 5

* Annualized


Total Return Ranking - Calendar

Period AAAAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 4.1% -65.6% 32.0% 44.11% 3
2015 -10.0% -29.3% 50.4% 90.98% 5
2014 3.3% -54.8% 25.4% 70.91% 4
2013 0.9% -16.7% 57.2% 88.97% 5
2012 10.4% -16.2% 74.5% 73.04% 4

NAV & Total Return History

AAAAX - Holdings

Filings data as of: Jul 31, 2017

Concentration Analysis

AAAAX Category Low Category High AAAAX % Rank Quintile
Net Assets 214 M 81.4 K 117 B 17.86% 3
Number of Holdings 131 1 12720 11.39% 3
Net Assets in Top 10 65.9 M -654 M 22.2 B 19.76% 4
Weighting of Top 10 27.8% 0.2% 543.0% 22.28% 4

Top 10 Holdings

  1. Crown Castle International Corp 2.97%
  2. American Tower Corp 3.00%
  3. Sempra Energy 1.88%
  4. Cayman Real Assets Fund Ltd. 9.64%
  5. US Treasury Note 0.75% 1.67%
  6. Waste Management Inc 1.53%
  7. Welltower Inc 2.02%
  8. National Grid PLC 1.78%
  9. Severn Trent PLC 1.71%
  10. US Treasury Note 1.125% 1.58%

Asset Allocation

Weighting Category Low Category High AAAAX % Rank Quintile
Stocks
64.86% -2.59% 141.14% 9.00% 2
Other
16.91% -3.89% 134.34% 1.83% 1
Bonds
15.94% -227.91% 140.92% 26.91% 5
Cash
2.30% -159.39% 99.77% 22.87% 4
Preferred Stocks
0.00% -0.07% 38.07% 9.29% 5
Convertible Bonds
0.00% 0.00% 44.15% 7.69% 5

Stock Sector Breakdown

Weighting Category Low Category High AAAAX % Rank Quintile
Real Estate
18.11% -4.86% 80.93% 0.74% 1
Utilities
15.43% -2.48% 47.20% 0.14% 1
Energy
8.93% -4.89% 35.09% 1.80% 1
Industrials
7.39% -3.12% 48.84% 8.27% 2
Communication Services
5.97% -1.63% 27.16% 0.23% 1
Basic Materials
5.72% -2.54% 21.85% 1.66% 1
Consumer Cyclical
1.61% -10.10% 54.37% 22.26% 5
Technology
0.91% -6.57% 70.04% 25.03% 5
Consumer Defense
0.78% -2.25% 27.69% 19.72% 5
Healthcare
0.00% -3.68% 31.05% 26.33% 5
Financial Services
0.00% -8.51% 69.58% 27.34% 5

Stock Geographic Breakdown

Weighting Category Low Category High AAAAX % Rank Quintile
US
39.10% -97.12% 138.58% 15.42% 3
Non US
25.76% -8.67% 150.26% 4.30% 1

Bond Sector Breakdown

Weighting Category Low Category High AAAAX % Rank Quintile
Government
15.94% -237.85% 123.07% 7.69% 2
Cash & Equivalents
2.30% -159.39% 123.07% 22.14% 4
Derivative
0.00% -84.53% 26.08% 3.02% 4
Securitized
0.00% -0.01% 40.82% 23.74% 5
Corporate
0.00% 0.00% 83.94% 29.73% 5
Municipal
0.00% 0.00% 85.93% 7.64% 5

Bond Geographic Breakdown

Weighting Category Low Category High AAAAX % Rank Quintile
US
15.94% -267.25% 103.53% 23.74% 4
Non US
0.00% -57.44% 140.92% 25.07% 5

AAAAX - Expenses

Operational Fees

AAAAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.41% 0.00% 165.34% 12.83% 4
Management Fee 0.80% 0.00% 2.55% 2.29% 5
12b-1 Fee 0.25% 0.00% 1.00% 1.33% 3
Administrative Fee 0.10% 0.00% 0.83% 2.14% 4

Sales Fees

AAAAX Fees (% of AUM) Category Low Category High AAAAX Rank Quintile
Front Load 5.75% 0.14% 5.75% 0.23% 5
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

AAAAX Fees (% of AUM) Category Low Category High AAAAX Rank Quintile
Max Redemption Fee N/A 0.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AAAAX Fees (% of AUM) Category Low Category High AAAAX Rank Quintile
Turnover 222.00% 0.00% 5609.00% 3.22% 5

AAAAX - Distributions

Dividend Yield Analysis

AAAAX Category Low Category High AAAAX % Rank Quintile
Dividend Yield 0.1% 0.00% 11.33% 46.66% 4

Dividend Distribution Analysis

AAAAX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AAAAX Category Low Category High AAAAX % Rank Quintile
Net Income Ratio 1.17% -3.27% 12.91% 14.30% 4

Capital Gain Distribution Analysis

AAAAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

AAAAX - Managers

John W. Vojticek

Manager

Start Date

Jan 15, 2015

Tenure

2.63

Tenure Rank

5.9%

Mr. Vojticek has served as a Managing Director and Chief Investment Officer of Real Estate & Infrastructure Securities and Global Portfolio Manager for Deutsche AM since July 2011 and was Co-Head of Americas Real Estate Securities from 2006 to July 2011. Mr. Vojticek was responsible for launching the firm’s first listed infrastructure securities strategy in June 2008 and served as Head of the Listed Infrastructure Securities business from June 2008 until his appointment as Chief Information Officer in July 2011. Mr. Vojticek is an associate member of the National Association of Real Estate Investment Trusts. Mr. Vojticek holds a B.S. in Business Administration from the University of Southern California.


Francis X. Greywitt

Manager

Start Date

Apr 26, 2016

Tenure

1.35

Tenure Rank

6.9%

FRANCIS X. GREYWITT III, MANAGING DIRECTOR, joined Deutsche Asset Management in 2005; previously has worked as a REIT analyst with KeyBanc Capital Markets covering the office sector. Co-Head of Infrastructure Securities and Co-Lead Portfolio Manager. He started Investment industry experience began in 1999. He holds a BBA at St. Bonaventure University and MBA at University of Chicago.


Evan Rudy

Manager

Start Date

Apr 26, 2016

Tenure

1.35

Tenure Rank

6.9%

Evan Rudy, CFA, Director. Evan Rudy joined Deutsche Asset Management in 2007. Previously, he worked as an Analyst at the Townsend Group, a real estate consulting firm. Portfolio Analyst, Real Estate & Infrastructure Securities: Chicago. BS, Miami University.


Tenure Analysis

Category Low

0.0

Category High

49.5

Category Average

5.65

Category Mode

2.7