New Germany Fund
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.
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.