RRRSX Fees and Costs — DWS RREEF Real Estate Securities Fund, Class R
Data updated: 2026-08-27
The net expense ratio is 1.30%: a 0.40% management fee, a 0.50% 12b-1 fee plus 0.40% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $746K in broker commissions, 0.0724% of average net assets, and portfolio turnover was 100%.
RRRSX Fees and Expenses
Annual operating expenses and sales charges of RRRSX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.40% |
| Gross expense ratio | 1.30% |
| Fee waiver | — |
| Net expense ratio | 1.30% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RRRSX Costs Over Time
On $10,000 invested in RRRSX, assuming 5% a year before costs, total costs come to $852 over 5 years, cutting the return by 1.44% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.30%) | $136 | $424 | $733 |
| Trading costs (broker commissions) | $8 | $24 | $41 |
| Lost growth on money paid in costs | $0 | $22 | $78 |
| Total costs | $144 | $470 | $852 |
| Value after costs | $10,356 | $11,106 | $11,911 |
| Impact on return, per year | 1.44% | 1.44% | 1.44% |
RRRSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0724%
- Total broker commissions: $746K
- Bought from dealers (principal trades, not a cost): $343.7M
- Portfolio turnover (prospectus): 100%
- Securities on loan, average value: $15.1M
- Net income from securities lending: $14K (0.001% of average net assets)
RRRSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $198K | 27.00% |
| J.P. Morgan Securities LLC | $156K | 21.24% |
| Goldman Sachs & Co. LLC | $123K | 16.81% |
| RBC Capital Markets, LLC | $83K | 11.33% |
| Citigroup Global Markets Inc. | $67K | 9.09% |
| Wells Fargo Securities, LLC | $30K | 4.06% |
| UBS Securities LLC | $29K | 3.97% |
| Morgan Stanley & Co. LLC | $29K | 3.96% |
| Mizuho Securities USA LLC | $14K | 1.96% |
| BMO Capital Markets Corp. | $4K | 0.59% |
RRRSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $319.6M | 93.01% |
| J.P. Morgan Securities LLC | $12.0M | 3.50% |
| BofA Securities, Inc. | $5.1M | 1.48% |
| RBC Capital Markets, LLC | $3.8M | 1.11% |
| Wells Fargo Securities, LLC | $3.1M | 0.90% |
DWS RREEF Real Estate Securities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RRRZX | Class R6 | 0.54% | none |
| RRRRX | Institutional Class | 0.63% | none |
| RRREX | Class S | 0.76% | none |
| RRRAX | Class A | 0.99% | 5.75% |
| RRRSX | Class R | 1.30% | none |
| RRRCX | Class C | 1.71% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.