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AAAPX Deutsche Real Assets C

  • Fund
  • AAAPX
  • Price as of: Nov 22, 2017
  • $9.31
  • + $0.03
  • + 0.32%
  • Category
  • Diversified Portfolio

AAAPX - Profile

Vitals

  • YTD Return 10.4%
  • 3 Yr Annualized Return 0.3%
  • 5 Yr Annualized Return 1.1%
  • Net Assets $223 M
  • Holdings in Top 10 26.4%

52 WEEK LOW AND HIGH

$9.31
$8.25
$9.40

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.16%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

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 10.4%
  • 3 Yr Annualized Total Return 0.3%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.44%
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 C
  • 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.

AAAPX - Performance

Return Ranking - Trailing

Period AAAPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.4% -49.2% 451.5% 29.21% 2
1 Yr 9.5% -26.7% 45.9% 50.69% 3
3 Yr 0.3% * -11.7% 12.3% 89.02% 5
5 Yr 1.1% * -11.3% 15.0% 93.98% 5
10 Yr 0.6% * -6.2% 8.6% 95.20% 5

* Annualized


Return Ranking - Calendar

Period AAAPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.2% -65.8% 23.3% 51.27% 3
2015 -11.6% -37.7% 48.7% 77.45% 5
2014 0.2% -59.3% 22.9% 41.61% 3
2013 -0.4% -17.5% 36.4% 77.70% 5
2012 7.0% -16.2% 18.4% 55.83% 4

Total Return Ranking - Trailing

Period AAAPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.4% -49.2% 451.5% 29.25% 2
1 Yr 8.5% -28.0% 73.2% 46.77% 3
3 Yr 0.3% * -11.8% 28.2% 87.56% 5
5 Yr 1.1% * -11.7% 15.0% 93.07% 5
10 Yr 0.6% * -6.2% 8.6% 94.45% 5

* Annualized


Total Return Ranking - Calendar

Period AAAPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 3.3% -65.6% 32.0% 53.01% 3
2015 -10.6% -29.3% 50.4% 91.58% 5
2014 2.1% -54.8% 25.4% 78.83% 5
2013 -0.4% -16.7% 57.2% 90.45% 5
2012 7.3% -16.2% 74.5% 85.64% 5

NAV & Total Return History

AAAPX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

AAAPX Category Low Category High AAAPX % Rank Quintile
Net Assets 223 M 81.4 K 118 B 21.52% 3
Number of Holdings 134 1 12799 12.58% 3
Net Assets in Top 10 68.6 M -654 M 23.3 B 23.24% 4
Weighting of Top 10 26.4% 0.2% 455.9% 26.17% 4

Top 10 Holdings

  1. Crown Castle International Corp 2.55%
  2. American Tower Corp 2.63%
  3. Sempra Energy 1.58%
  4. Cayman Real Assets Fund Ltd. 9.76%
  5. US Treasury Note 0.75% 1.71%
  6. Waste Management Inc 1.67%
  7. Welltower Inc 1.68%
  8. US Treasury Note 1.125% 1.62%
  9. US Treasury Note 0.75% 1.58%
  10. US Treasury Note 1% 1.57%

Asset Allocation

Weighting Category Low Category High AAAPX % Rank Quintile
Stocks
61.95% -2.59% 141.14% 12.70% 2
Other
20.24% -6.04% 98.99% 1.92% 1
Bonds
12.83% -109.09% 135.52% 33.07% 5
Cash
4.51% -183.58% 110.98% 19.67% 3
Preferred Stocks
0.47% -0.07% 112.85% 9.88% 3
Convertible Bonds
0.00% 0.00% 33.12% 8.51% 5

Stock Sector Breakdown

Weighting Category Low Category High AAAPX % Rank Quintile
Real Estate
16.05% -4.60% 82.50% 1.02% 1
Utilities
12.93% -2.48% 47.20% 0.28% 1
Industrials
9.24% -3.12% 48.84% 4.94% 1
Energy
8.57% -4.89% 35.99% 2.49% 1
Basic Materials
6.06% -2.54% 21.85% 1.89% 1
Communication Services
5.60% -1.63% 27.16% 0.46% 1
Consumer Cyclical
1.44% -10.84% 54.37% 24.94% 5
Technology
1.07% -6.57% 70.04% 27.99% 5
Consumer Defense
0.68% -2.25% 27.69% 21.25% 5
Healthcare
0.00% -8.22% 31.05% 28.31% 5
Financial Services
0.00% -8.51% 69.58% 30.44% 5

Stock Geographic Breakdown

Weighting Category Low Category High AAAPX % Rank Quintile
US
34.49% -97.12% 138.58% 20.86% 3
Non US
27.46% -11.38% 150.81% 4.39% 1

Bond Sector Breakdown

Weighting Category Low Category High AAAPX % Rank Quintile
Government
12.83% -339.71% 117.18% 12.72% 2
Cash & Equivalents
4.51% -183.58% 122.40% 19.26% 3
Corporate
0.47% 0.00% 203.65% 34.31% 5
Derivative
0.00% -84.53% 26.76% 3.39% 4
Securitized
0.00% -0.01% 64.33% 27.77% 5
Municipal
0.00% 0.00% 207.05% 8.05% 5

Bond Geographic Breakdown

Weighting Category Low Category High AAAPX % Rank Quintile
US
12.83% -422.59% 103.74% 29.83% 5
Non US
0.00% -57.44% 364.72% 29.05% 5

AAAPX - Expenses

Operational Fees

AAAPX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.16% 0.00% 165.34% 9.44% 5
Management Fee 0.80% 0.00% 2.55% 2.20% 5
12b-1 Fee 1.00% 0.00% 1.00% 0.06% 5
Administrative Fee 0.10% 0.00% 0.83% 2.15% 4

Sales Fees

AAAPX Fees (% of AUM) Category Low Category High AAAPX Rank Quintile
Front Load N/A 0.14% 5.75% N/A N/A
Deferred Load 1.00% 0.75% 5.50% 1.46% 4

Trading Fees

AAAPX Fees (% of AUM) Category Low Category High AAAPX Rank Quintile
Max Redemption Fee N/A 0.11% 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.

AAAPX Fees (% of AUM) Category Low Category High AAAPX Rank Quintile
Turnover 222.00% 0.00% 5910.00% 3.36% 5

AAAPX - Distributions

Dividend Yield Analysis

AAAPX Category Low Category High AAAPX % Rank Quintile
Dividend Yield 0.1% 0.00% 11.33% 52.65% 4

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

AAAPX Category Low Category High AAAPX % Rank Quintile
Net Income Ratio 0.44% -3.27% 12.91% 17.59% 5

Capital Gain Distribution Analysis

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

AAAPX - Managers

John W. Vojticek

Manager

Start Date

Jan 15, 2015

Tenure

2.79

Tenure Rank

6.6%

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

1.52

Tenure Rank

7.6%

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

1.52

Tenure Rank

7.6%

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

49.6

Category Average

5.63

Category Mode

0.7