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RRRRX Deutsche Real Estate Securities Instl

  • Fund
  • RRRRX
  • Price as of: Aug 08, 2016
  • $24.02
  • + $0.03
  • + 0.13%
  • Category
  • Real Estate

RRRRX - Profile

Vitals

  • YTD Return 13.4%
  • 3 Yr Annualized Return 14.8%
  • 5 Yr Annualized Return 12.5%
  • Net Assets $1.67 B
  • Holdings in Top 10 42.3%

52 WEEK LOW AND HIGH

$24.02
$19.45
$24.61

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.62%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 150.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

Real Estate
  • Fund Type Open End Mutual Fund
  • Investment Style Real Estate

Distributions

  • YTD Total Return 13.4%
  • 3 Yr Annualized Total Return 14.8%
  • 5 Yr Annualized Total Return 12.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.90%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Deutsche Real Estate Securities Fund
  • Fund Family Name Deutsche Asset & Wealth Mngt
  • Inception Date Dec 01, 1999
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Joseph D. Fisher

Fund Description

The fund will invest at least 80% of its net assets, plus the amount of any borrowing for investment purposes (calculated at the time of any investment), in equity securities of real estate investment trusts (REITs) and real estate companies. It may also invest a portion of its assets in other types of securities. These securities may include short-term securities, bonds, notes, securities of companies not principally engaged in the real estate industry and other similar securities. The fund is non-diversified.

RRRRX - Performance

Return Ranking - Trailing

Period RRRRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.4% -8.5% 15.8% 12.20% 1
1 Yr 23.1% -14.6% 34.3% 2.37% 1
3 Yr 14.8% * 5.6% 17.0% 17.67% 1
5 Yr 12.5% * 6.1% 14.1% 22.96% 2
10 Yr 7.6% * 2.7% 10.5% 16.57% 1

* Annualized


Return Ranking - Calendar

Period RRRRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -10.3% -23.9% 92.3% 77.19% 5
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

Total Return Ranking - Trailing

Period RRRRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.4% -8.5% 15.8% 12.71% 1
1 Yr 23.1% -19.4% 29.3% 1.98% 1
3 Yr 14.8% * 5.6% 17.0% 15.35% 1
5 Yr 12.5% * 6.1% 14.1% 21.94% 2
10 Yr 7.6% * 2.7% 10.5% 15.47% 1

* Annualized


Total Return Ranking - Calendar

Period RRRRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -10.3% -23.9% 92.3% 77.19% 5
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

NAV & Total Return History

RRRRX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

RRRRX Category Low Category High RRRRX % Rank Quintile
Net Assets 1.67 B 3.39 M 67.3 B 8.30% 2
Number of Holdings 54 5 530 12.25% 2
Net Assets in Top 10 708 M 711 K 22.5 B 9.09% 2
Weighting of Top 10 42.3% 3.7% 179.8% 23.32% 4

Top 10 Holdings

  1. Simon Property Group Inc 9.07%
  2. Equity Residential 6.83%
  3. Public Storage 2.95%
  4. Equinix Inc 3.18%
  5. Ventas Inc 3.98%
  6. Prologis Inc 3.99%
  7. Vornado Realty Trust 2.86%
  8. Welltower Inc 3.24%
  9. Extra Space Storage Inc 2.72%
  10. Duke Realty Corp 2.58%

Asset Allocation

Weighting Category Low Category High RRRRX % Rank Quintile
Stocks
98.51% 1.09% 108.08% 12.25% 2
Cash
1.49% -121.66% 74.22% 16.21% 3
Other
0.00% -8.28% 108.20% 13.44% 3
Convertible Bonds
0.00% 0.00% 4.96% 3.16% 2
Preferred Stocks
0.00% 0.00% 41.93% 5.93% 2
Bonds
0.00% 0.00% 118.13% 4.35% 2

Stock Sector Breakdown

Weighting Category Low Category High RRRRX % Rank Quintile
Real Estate
95.58% 0.00% 100.26% 14.23% 2
Communication Services
1.07% 0.00% 9.58% 7.51% 2
Consumer Cyclical
1.02% 0.00% 31.19% 10.67% 2
Financial Services
0.00% 0.00% 13.39% 4.74% 1
Healthcare
0.00% 0.00% 3.63% 5.53% 2
Industrials
0.00% -0.72% 11.94% 4.74% 1
Energy
0.00% 0.00% 38.67% 2.37% 1
Technology
0.00% 0.00% 5.40% 3.56% 2
Consumer Defense
0.00% 0.00% 0.89% 1.98% 1
Utilities
0.00% 0.00% 16.80% 1.98% 1
Basic Materials
0.00% -0.07% 10.11% 10.67% 2

Stock Geographic Breakdown

Weighting Category Low Category High RRRRX % Rank Quintile
US
98.51% 1.00% 107.43% 10.67% 2
Non US
0.00% 0.00% 43.95% 7.91% 2

RRRRX - Expenses

Operational Fees

RRRRX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.62% 0.10% 11.43% 54.55% 1
Management Fee 0.39% 0.07% 1.31% 13.04% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.10% 0.01% 0.40% 7.86% 3

Sales Fees

RRRRX Fees (% of AUM) Category Low Category High RRRRX Rank Quintile
Front Load N/A 3.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

RRRRX Fees (% of AUM) Category Low Category High RRRRX Rank Quintile
Max Redemption Fee 2.00% 0.75% 2.00% 2.38% 3

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.

RRRRX Fees (% of AUM) Category Low Category High RRRRX Rank Quintile
Turnover 150.00% 2.28% 880.00% 3.16% 5

RRRRX - Distributions

Dividend Yield Analysis

RRRRX Category Low Category High RRRRX % Rank Quintile
Dividend Yield 0.4% 0.00% 3.78% 18.41% 2

Dividend Distribution Analysis

RRRRX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

RRRRX Category Low Category High RRRRX % Rank Quintile
Net Income Ratio 1.90% -1.42% 10.00% 17.39% 1

Capital Gain Distribution Analysis

RRRRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

RRRRX - Managers

Joseph D. Fisher

Manager

Start Date

Aug 27, 2013

Tenure

2.93

Tenure Rank

15.9%

Joseph D. Fisher, CFA, Director. Portfolio Manager. Joined Deutsche Asset & Wealth Management in 2004; previously served in the Real Estate Equity Investment Management Group at Principal Real Estate Investors. Portfolio Manager and Analyst, Real Estate Securities: Chicago with over 10 years at investment industry experience. BBA, The University of Iowa; MBA, Kellogg School of Management, Northwestern University.


David W. Zonavetch

Manager

Start Date

Aug 27, 2013

Tenure

2.93

Tenure Rank

15.9%

David W. Zonavetch, CPA, Director. Portfolio Manager. Joined Deutsche Asset & Wealth Management in 1998; prior to his current role, served as Senior Accountant in Corporate Finance; previously, worked as an Analyst at Cendant Mobility. Portfolio Manager and Analyst, Real Estate Securities: Chicago with over 17 years of investment industry experience. BS, University of Illinois at Urbana–Champaign; Certified Public Accountant.


John W. Vojticek

Manager

Start Date

Sep 30, 2004

Tenure

11.84

Tenure Rank

4.7%

Chief Investment Officer of RREEF Real Estate Securities with over 15 years of investment industry experience. John joined the Company in September 2004 after 8 years of experience in the real estate securities area as a trader, analyst and portfolio manager. He previously worked as Principal at KG Redding and Associates, March 2004-September 2004 and Managing Director of RREEF from 1996-March 2004 and Deutsche Asset Management from 2002-March 2004. John holds a BS from University of Southern California.


Tenure Analysis

Category Low

0.1

Category High

22.6

Category Average

7.02

Category Mode

1.6