GF

New Germany Fund

7.93 USD
-0.06
0.75%
At close Dec 20, 4:00 PM EST
1 day
-0.75%
5 days
-4.80%
1 month
-1.49%
3 months
-7.79%
6 months
-3.17%
Year to date
-8.85%
1 year
-8.64%
5 years
-49.33%
10 years
-55.07%
 

About: NEW GERMANY FUND INC is a United States-based non-diversified, closed-end management investment company. As the investment objective, the fund seeks long-term capital appreciation through investment in middle-market German equities. The fund's portfolio of investment includes investments in different sectors such as the industrials, information technology, material, consumer discretionary, Communication Services, Financials, Consumer Staples, Real Estate, Utilities, Healthcare, Energy, and others. Its portfolio is geographically diversified across the Netherlands, Germany, and Luxembourg.

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

14% more capital invested

Capital invested by funds: $71.6M [Q2] → $81.3M (+$9.74M) [Q3]

11% more funds holding

Funds holding: 35 [Q2] → 39 (+4) [Q3]

1.88% more ownership

Funds ownership: 53.68% [Q2] → 55.55% (+1.88%) [Q3]

43% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 14

Research analyst outlook

We haven’t received any recent analyst ratings for GF.

Financial journalist opinion

Neutral
Business Wire
4 days ago
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The New Germany Fund, Inc. (NYSE: GF) and The European Equity Fund, Inc. (NYSE: EEA) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors declared the distributions set forth below. CEE's and EEA's total distributions will be paid in stock except that any stockholder of record as of December 30, 2024 may elect to receive such distribution in cash. GF's total distribution.
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements
Neutral
Business Wire
4 months ago
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The European Equity Fund, Inc. (NYSE: EEA), and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors has approved an extension of the current repurchase authorization permitting open market share repurchase program for an additional twelve-month period. Each Fund may continue to purchase outstanding shares of its common stock in open.
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases
Neutral
Business Wire
5 months ago
The New Germany Fund, Inc. Announces Results of the Fund's Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today the results of its Annual Meetings of Stockholders held on June 27, 2024. Both of the two Class III Directors nominated by the Board of Directors, Dr. Wolfgang Leoni and Ms. Hepsen Uzcan, were elected to serve for a term of three years and until his or her respective successor is elected and qualifies; and one Class I Directors nominated by the Board of Directors, Ms. Fiona Flannery, a prior Class III.
The New Germany Fund, Inc. Announces Results of the Fund's Annual Meeting of Stockholders
Neutral
Business Wire
7 months ago
The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions
NEW YORK--(BUSINESS WIRE)--The European Equity Fund, Inc. (NYSE: EEA) and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors declared the distributions set forth below. GF's and EEA's total distributions will be paid in cash to the stockholders of record as of May 24, 2024. Details for each Fund's distributions are as follows:   Declaration- 05/14/2024   Ex-Date- 05/23/2024   Record- 05/24/2024     Payable- 06/0.
The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions
Neutral
Business Wire
8 months ago
The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and, collectively, the “Funds”) announced today that the Annual Meeting of Stockholders for each Fund will be held at 10:00 a.m., Eastern time on June 27, 2024 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, New York 10022. Holders of shares of common stock of record of the Funds at the close of business on May 2, 202.
The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders
Neutral
Business Wire
1 year ago
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The New Germany Fund, Inc. (NYSE: GF) and The European Equity Fund, Inc. (NYSE: EEA) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors declared the distributions set forth below. CEE's and EEA's total distributions will be paid in stock except that any stockholder of record as of December 29, 2023 may elect to receive such distribution in cash. GF's total distribution.
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements
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