DWS RREEF Global Infrastructure Fund
Data updated: 2026-08-27
C000188507 — DWS RREEF Global Infrastructure Fund. Global (incl. US) Mid Cap Blend / Core Industrials Equity. Holdings, fees, performance and SEC filings.
C000188507 Fund Overview
DWS RREEF Global Infrastructure Fund is a US mutual fund managed by Deutsche Dws Global/international Fund, Inc., categorised as Global (incl. US) Mid Cap Blend / Core Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Deutsche Dws Global/international Fund, Inc.
- Category: Global (incl. US) Mid Cap Blend / Core Industrials Equity
- Assets under management: $782.93M
- 1-year return: -9.0%
- SEC CIK: 0000793597
- SEC series ID: S000022444
- Share class ID: C000188507
C000188507 Investment Objective and Strategy
DWS RREEF Global Infrastructure Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Deutsche Dws Global/international Fund, Inc..
Investment objective
The fund seeks total return from both capital appreciation and current income.
Principal investment strategy
Main investments. Under normal circumstances, the fund invests at least 80% of net assets in the securities of US and non-US infrastructure-related companies. For purposes of the fund's 80% investment policy, the term net assets means the fund's net assets, plus the amount of any borrowings for investment purposes. The fund considers a company to be an infrastructure-related company if at least 50% of its non-cash assets are infrastructure assets or 50% of its gross income or net profits are derived, directly or indirectly, from the ownership, management, construction, operation, utilization or financing of infrastructure assets. Examples of infrastructure assets include transportation assets (such as toll roads, bridges, airports and seaports), utility assets (such as generating stations, gas and electric lines, water and sewer facilities, and communications networks) and social assets (such as hospitals, schools, and subsidized housing).
The fund will invest 25% or more of its total assets in securities of companies engaged principally in infrastructure-related companies. The fund may invest in companies of any market capitalization. Under normal circumstances, the fund invests mainly in equity securities, though it may also invest in fixed-income securities without limitation. The fund allocates its assets among various regions and countries, including emerging market countries, and normally invests most of its assets in issuers that are organized or located outside the US or that do a substantial amount of business outside the US. Due to regulatory changes, effective June 11, 2026, the fund will replace the 80% investment policy and related disclosures set forth in this prospectus. Specifically, effective June 11, 2026, under normal circumstances, the fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in the securities of US and non-US infrastructure-related companies.
Management process. In choosing securities, portfolio management uses a combination of two analytical disciplines: Top-down research. Portfolio management analyzes various factors, including infrastructure market dynamics (such as supply/demand conditions), the economic environment (such as interest rates, inflation and economic growth), expected capital flow dynamics and exchange rate conditions. This portfolio management analysis leads to the funds weightings across investment sectors (e.g., utilities and energy) as well as across countries or regions (e.g., the US and Canada). Bottom-up research. Portfolio management analyzes characteristics and investment prospects of a particular security relative to others in its local market to actively manage the funds exposure to individual securities within each region.
Disciplined valuation analysis drives this decision-making process, guiding portfolio management to invest in securities it believes can provide superior returns over the long-term, and to sell those that it believes no longer represent the strongest prospects. In addition to valuing the cash flow stream of the underlying assets, this analysis primarily considers a company's balance sheet, the quality and geography of the infrastructure asset, the management team, liquidity, and a number of environmental, social and governance (ESG) considerations, each of which can impact an investment's risks and expected returns. Securities lending. The fund may lend securities (up to one-third of total assets) to approved institutions, such as registered broker-dealers, pooled investment vehicles, banks and other financial institutions.
In connection with such loans, the fund receives liquid collateral in an amount that is based on the type and value of the securities being lent, with riskier securities generally requiring higher levels of collateral.
C000188507 Holdings
Top 10 holdings of DWS RREEF Global Infrastructure Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Williams Cos Inc/The | 6.27% |
| Dws | 5.93% |
| TC Energy Corp | 5.62% |
| Enbridge Inc | 5.52% |
| Vinci SA | 5.40% |
| National Grid PLC | 4.96% |
| American Tower Corp | 4.63% |
| Sempra | 4.59% |
| Targa Resources Corp | 4.52% |
| PG&E Corp | 3.62% |
C000188507 Portfolio Allocation
Asset-class allocation of DWS RREEF Global Infrastructure Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.5% |
| Cash & Equivalents | 5.9% |
C000188507 Performance
Total returns for C000188507 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -9.0% |
| 3 years (annualised) | 1.0% |
C000188507 Risk Information
Risk metrics for C000188507, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.6%
C000188507 Costs and Fees
C000188507 costs about $128 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.28%
- Gross expense ratio: 1.38%
- Portfolio turnover: 59%
- Brokerage commissions: 4.90 bps of average net assets (SEC N-CEN)
C000188507 Cashflows
Over the 12 months to 2026-06, DWS RREEF Global Infrastructure Fund had net outflows of $117.69M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$28.65M |
| 2026-05 | −$20.08M |
| 2026-04 | −$11.69M |
| 2026-03 | −$4.44M |
| 2026-02 | −$6.92M |
| 2026-01 | −$40.66M |
C000188507 Debt Constituents
No individual debt constituents are reported in DWS RREEF Global Infrastructure Fund's latest SEC N-PORT filing.
C000188507 Prospectus and SEC Filings
Official DWS RREEF Global Infrastructure Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus supplement (497) — filed 2026-04-21
- Prospectus supplement (497) — filed 2025-09-22
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-03
Related Funds
Other Global (incl. US) Mid Cap Blend / Core Industrials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.