FUNDS HOLDINGS AS OF
DWS RREEF Real Estate Fund II, Inc.
Shares
Value ($)
Common Stocks 61.3%
Real Estate Investment Trusts (“REITs”) 61.3%
Apartments 7.4%
BRE Properties, Inc.
30,000
588,900
Camden Property Trust
42,697
921,401
1,510,301
Health Care 19.6%
Cogdell Spencer, Inc.
407,632
2,078,923
Medical Properties Trust, Inc.
193,250
705,363
Senior Housing Properties Trust
1,100
15,422
Ventas, Inc.
53,500
1,209,635
4,009,343
Hotels 13.8%
Canyon Ranch Holdings LLC (Units) (a)
864,000
1,814,400
Hospitality Properties Trust
84,200
1,010,400
2,824,800
Industrial 6.6%
DCT Industrial Trust, Inc.
421,350
1,335,680
Office 5.4%
BioMed Realty Trust, Inc.
59,400
402,138
HRPT Properties Trust
219,754
701,015
1,103,153
Shopping Centers 8.5%
Regency Centers Corp.
31,650
840,940
Weingarten Realty Investors
94,200
896,784
1,737,724
Total Common Stocks (Cost $43,058,915)
12,521,001
Preferred Stocks 96.0%
Real Estate Investment Trusts 96.0%
Apartments 18.7%
Associated Estates Realty Corp., 8.7%, Series II
276,250
3,828,825
Diversified 4.8%
NorthStar Realty Finance Corp., 8.25%, Series B
125,100
987,039
Health Care 0.3%
LTC Properties, Inc., 8.0%, Series F
3,000
61,665
Hotels 40.7%
Eagle Hospitality Properties Trust, Inc., 8.25%, Series A
348,200
34,820
FelCor Lodging Trust, Inc., 8.0%, Series C
43,100
172,400
Host Hotels & Resorts, Inc., 8.875%, Series E
150,050
2,888,463
Sunstone Hotel Investors, Inc., 8.0%, Series A
609,450
5,180,325
W2007 Grace Acquisition I, Inc., 9.0%, Series C*
379,800
37,980
8,313,988
Office 6.1%
Digital Realty Trust, Inc., 8.5%, Series A
70,950
1,241,803
Shopping Centers 25.4%
Cedar Shopping Centers, Inc., 8.875%, Series A
236,550
2,057,985
Saul Centers, Inc., 9.0%, Series B
154,750
3,125,949
5,183,934
Total Preferred Stocks (Cost $56,133,888)
19,617,254
Principal
Amount ($)
Value ($)
Time Deposit 10.0%
State Street Euro Dollar, 0.01%, 4/1/2009 (Cost $2,052,376)
2,052,376
2,052,376
Shares
Value ($)
Cash Equivalents 17.1%
Cash Management QP Trust, 0.53% (b)
(Cost $3,500,000)
3,500,000
3,500,000
% of
Net Assets
Value ($)
Total Investment Portfolio (Cost $104,745,179) †
184.4
37,690,631
Other Assets and Liabilities, Net
(15.9)
(3,252,132)
Preferred Stock, at Redemption Value
(68.5)
(14,000,000)
Net Assets Applicable to Common Shareholders
100.0
20,438,499
For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.
