Semi Annual Report - DWS Investments

THE CENTRAL EUROPE, RUSSIA AND TURKEY FUND, INC.SCHEDULE OF INVESTMENTS — APRIL 30, 2013 (unaudited) (continued)CASH EQUIVALENTS – 1.3%5,934,192 Central Cash ManagementFund, 0.10%(cost $5,934,192) (c) . . . . . . . . . . . $ 5,934,192Total Investments – 100.1%(cost $346,103,529)** . . . . . . . . . 448,535,466Other Assets and Liabilities,Net – (0.1%) . . . . . . . . . . . . . . . . . (409,286)NET ASSETS – 100.0% . . . . . . $448,126,180Shares Description Value (a) 15* Non-income producing security.** The cost for federal income tax purposes was $346,570,408. AtApril 30, 2013, net unrealized appreciation for all securities based ontax cost was $101,965,058. This consisted of aggregate gross unrealizedappreciation for all securities in which there was an excess ofvalue over tax cost of $142,103,976 and aggregate gross unrealizeddepreciation for all securities in which there was an excess of tax costover value of $40,138,918.† All or a portion of these securities were on loan (see Notes toFinancial Statements). The value of all securities loaned at April 30,2013 amounted to $10,296,979, which is 2.3% of net assets.(a) Value stated in U.S. dollars.(b) Represents collateral held in connection with securities lending.Income earned by the Fund is net of borrower rebates.(c) Affiliated fund managed by Deutsche Investment ManagementAmericas Inc. The rate shown is the annualized seven-day yield at periodend.ADR – American Depositary ReceiptGDR – Global Depositary ReceiptReg S – Securities sold under Regulation S may not be offered, sold or deliveredwithin the United States or to, or for the account or benefitof, U.S. persons, except pursuant to an exemption from, or in atransaction not subject to, the registration requirements of theSecurities Act of 1933.For purposes of its industry concentration policy, the Fund classifies issuersof portfolio securities at the industry sub-group level. Certain of thecategories in the above Schedule of Investments consist of multiple industrysubgroups or industries.The accompanying notes are an integral part of the financial statements.