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New Germany Fund (GF)

9.9700
+0.0100 (0.10%)
NYSE · Last Trade: Apr 20th, 10:04 PM EDT
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The New Germany Fund, Inc. Announces Portfolio Manager Change
The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today that Hansjoerg Pack will replace Leon Cappel as the Fund’s portfolio manager effective March 1, 2025. The Fund noted that Mr. Cappel had decided to resign as the Fund’s portfolio manager for personal reasons, and that the Fund’s Deputy Portfolio Manager would continue to be Juan Barriobero de la Pisa.
By DWS Distributors, Inc. · Via Business Wire · February 24, 2025
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements
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 distributions will be paid in cash to the stockholders of record as of December 30, 2024.
By DWS · Via Business Wire · December 18, 2024
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases
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-market transactions over the twelve-month period from August 1, 2024 through July 31, 2025 when the Fund’s shares trade at a discount to net asset value (“NAV”) and such purchases are deemed to be in the best interests of the Fund. The amount and timing of the repurchases will be at the discretion of DWS Investment Management Americas, Inc., the Funds’ administrator, and subject to market conditions and investment considerations. Purchases will be made at prices that will be accretive to each Fund’s NAV.
The New Germany Fund, Inc. Announces Results of the Fund’s Annual Meeting of Stockholders
The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today the results of its Annual Meetings of Stockholders held on June 27, 2024.
By DWS · Via Business Wire · June 27, 2024
The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions
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.
By DWS · Via Business Wire · May 14, 2024
The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders
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, 2024 are entitled to vote at the meeting and any postponements or adjournments thereof. At the meeting, stockholders of each Fund will consider the election of Directors and approval of auditors.
By DWS · Via Business Wire · April 19, 2024
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements
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 distributions will be paid in cash to the stockholders of record as of December 29, 2023.
By DWS · Via Business Wire · December 19, 2023
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Appointment of New Chairman of the Board
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, in connection with the previously announced retirements of Mr. Christian Strenger and Dr. Christopher Pleister from each Fund’s Board, the Board of Directors has appointed Mr. Bernhard Koepp, Independent Director of each Fund, to succeed Mr. Christian Strenger as the Chairman of each Fund’s Board effective January 1, 2024, rather than Mr. Walter C. Dostmann, as previously announced. Mr. Dostmann will continue to serve as a Director for the Funds.
By DWS · Via Business Wire · November 13, 2023
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases
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 CEE, EEA, GF and to repurchase up to 630,039, 687,213 and 1,710,430 shares, respectively (representing approximately 10% of each Fund’s current shares outstanding) for the twelve month period from August 1, 2023 through July 31, 2024. Repurchases will be made from time to time when they are believed to be in the best interests of a Fund. Repurchases will not be made when a Fund’s shares are trading at a premium to net asset value, which is currently the case for the shares of CEE.
By DWS · Via Business Wire · July 28, 2023
The New Germany Fund, Inc. Announces Results of the Fund’s Annual Meeting of Stockholders
The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today the results of its Annual Meetings of Stockholders held on June 22, 2023.
By DWS · Via Business Wire · June 22, 2023
The New Germany Fund, Inc. Announces Portfolio Manager Change
The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today that Daniel Hann will replace Alexander Lippert as the Fund’s deputy portfolio manager effective June 1, 2023. Leon Cappel will continue to serve as the Fund’s portfolio manager.
By DWS · Via Business Wire · May 24, 2023
The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions
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 any stockholder of record as of May 15, 2023.
By DWS · Via Business Wire · May 5, 2023
The Central and Eastern Europe Fund, Inc., and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders
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 22, 2023 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 April 28, 2023 are entitled to vote at the meeting and any postponements or adjournments thereof. At the meeting, stockholders of each Fund will consider the election of Directors and approval of auditors.
By DWS · Via Business Wire · April 17, 2023
The New Germany Fund, Inc. Announces Portfolio Manager Changes
The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today that Leon Cappel will replace Valerie Schueler as the Fund’s portfolio manager effective March 1, 2023. Mr. Cappel currently serves as the Fund’s deputy portfolio manager and has been a member of the Fund’s portfolio management team since 2022. In addition, effective March 1, 2023, Alexander Lippert will replace Mr. Cappel as the Fund’s deputy portfolio manager.
By The New Germany Fund, Inc. · Via Business Wire · January 30, 2023
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements
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, 2022 may elect to receive such distribution in cash. GF’s total distributions will be paid in cash to the stockholders of record as of December 30, 2022.
By DWS · Via Business Wire · December 20, 2022
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases
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 CEE, EEA, GF and to repurchase up to 622,066, 708,104 and 1,756,928 shares, respectively (representing approximately 10% of each Fund’s current shares outstanding) for the twelve month period from August 1, 2022 through July 31, 2023. Repurchases will be made from time to time when they are believed to be in the best interests of a Fund. Repurchases will not be made when a Fund’s shares are trading at a premium to net asset value, which is currently the case for the shares of CEE.
By DWS · Via Business Wire · July 29, 2022
The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Results of Each Fund’s Annual Meeting of Stockholders
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 the results of their Joint Annual Meetings of Stockholders held on June 23, 2022.
By DWS · Via Business Wire · June 23, 2022
The New Germany Fund, Inc. Announces Portfolio Manager Change
The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today that Leon Cappel will replace Philipp Schweneke as the Fund’s deputy portfolio manager effective June 1, 2022. Valerie Schuler will continue to serve as the Fund’s portfolio manager.
By The New Germany Fund, Inc. · Via Business Wire · May 26, 2022
The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions
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 stock except that any stockholder of record as of May 16, 2022 may elect to receive such distribution in cash.
By DWS · Via Business Wire · May 6, 2022
The Central and Eastern Europe Fund, Inc., and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders
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 23, 2022 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 April 29, 2022 are entitled to vote at the meeting and any postponements or adjournments thereof. At the meeting, stockholders of each Fund will consider the election of Directors and approval of auditors.
By DWS · Via Business Wire · April 18, 2022
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements
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, GF’s and EEA’s total distributions will be paid in stock except that any stockholder of record as of December 30, 2021 may elect to receive such distribution in cash.
By Deutsche Asset Management · Via Business Wire · December 20, 2021
The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases
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 EEA, GF and CEE to repurchase up to 700,849, 1,575,385, and 638,580 shares, respectively (representing approximately 10% of each Fund’s current shares outstanding) for the twelve month period from August 1, 2021 through July 31, 2022. Repurchases will be made from time to time when they are believed to be in the best interests of a Fund.
By Deutsche Asset Management · Via Business Wire · July 30, 2021
The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Results of Each Fund’s Annual Meeting of Stockholders
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 the results of their Joint Annual Meetings of Stockholders held on June 24, 2021.
By Deutsche Asset Management · Via Business Wire · June 24, 2021
The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions
The European Equity Fund, Inc. (NYSE: EEA) and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and, collectively, the “Funds”) announced today that its Board of Directors declared the distributions set forth below. GF’s total distributions will be paid in stock except that any stockholder of record as of May 17, 2021 may elect to receive such distribution in cash. EEA’s total distributions will be paid in cash.
By Deutsche Asset Management · Via Business Wire · May 7, 2021
The Central and Eastern Europe Fund, Inc., and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders
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 24, 2021 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, New York 10022. As part of precautions regarding the coronavirus or COVID-19, the meeting will be held virtually via live webcast this year. Details on how to participate in the virtual meeting will be included in the proxy statement for the meeting. Holders of shares of common stock of record of the Funds at the close of business on April 30, 2021 are entitled to vote at the meeting and any postponements or adjournments thereof. At the meeting, stockholders of the Fund will consider the election of Directors and approval of auditors.
By Deutsche Asset Management · Via Business Wire · April 19, 2021