News
DWS RREEF Real Estate Fund II, Inc. (SRO), Announces Annual Meeting Vote
NEW YORK-(Business Wire)-July 2, 2008 - The Board of Directors of DWS RREEF Real Estate Fund II, Inc. (AMEX: SRO) (the "Fund") announced today that at its Annual Meeting of Stockholders held on July 2, 2008, the following directors nominated by the Board of Directors, were elected by holders of Preferred and Common Shares voting together and one Director elected by holders of Preferred Shares only for the terms indicated below: -0- *T Class I Directors - Term Expiration 2010: —————————————————————————————————- — Paul K. Freeman Class II Directors - Term Expiration 2011: —————————————————————————————————- — Richard J. Herring — Axel Schwarzer — Jean Gleason Stromberg — Robert H. Wadsworth (Preferred Shares only) *T
For more information on SRO, please contact a representative at (800) 349.4281 or visit us on the web at www.cef.dws-scudder.com for updated information on the Funds and estimated distribution information.
The Fund's investment objective is to provide total return through a combination of high current income and capital appreciation potential by investing primarily in real estate securities. REIT investments can be affected by interest rate moves, economic cycles, and tax and regulatory requirements. Market price, annualized distribution rates and net asset values are historical and will fluctuate and do not guarantee future results. SRO is a non-diversified fund, which means they can invest in securities of relatively few issues. This presents greater risk of loss of principal as the financial conditions or market assessments of such securities change. REIT investments can be affected by interest rate moves, economic cycles, and tax and regulatory requirements.
Closed-end funds, unlike open-end funds, are not continuously offered. There is a one time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the fund's shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value.
Past performance is no guarantee of future results. Investments in funds involve risk. Some funds have more risk than others. These include funds that allow exposure to or otherwise concentrate investments in certain sectors, geographic regions, security types, market capitalization or foreign securities (e.g., political or economic instability, which can be accentuated in emerging market countries).
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. -0- *T NOT FDIC/ NCUA INSURED — MAY LOSE VALUE — NO BANK GUARANTEE NOT A DEPOSIT — NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY *T
DWS Scudder is part of Deutsche Asset Management, which is the marketing name in the US for the asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company. Copyright (C) 2008 DWS Scudder Distributors, Inc.
(R-5141-1 5/08)
 |
 |
 |
|
||
 |
|
 |
|
||
Search Our News Using Google Search
Can't find what you want? Try using Google:
