The New Germany Fund, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Linda Lonneberg
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Mainzer LandstraßE 11 - 17 Frankfurt Am Main NY Germany 60329
- IPO Date
- Jan 25, 1990
- CIK
- 0000858706
- Website
- fundsus.deutscheam.com
- Similar Companies
- Business
- The New Germany Fund, Inc. (NYSE: GF) operates as a diversified closed-end fund that seeks long-term capital appreciation primarily through investments in equity and equity-linked securities of German companies, with at least 80% of its net assets allocated to such holdings under normal market conditions; it targets small- and mid-cap middle-market firms across diversified sectors including industrials, information technology, communication services, materials, and consumer discretionary, benchmarking performance against the Midcap Market Performance Index. The fund offers investors exposure to Germany's economic engine via a portfolio of public equities, distributing periodic dividends from net investment income such as $0.0185 per share in June 2025 and $0.0239 per share in June 2024, with shares traded on the New York Stock Exchange and managed by DWS Investment Management Americas Inc. (fund sponsor) and Deutsche Asset Management International GmbH. Founded on January 16, 1990, and headquartered in New York, the fund focuses on the German equity market for U.S. investors, with current portfolio managers Hansjoerg Pack, Daniel Hann, and Juan Barriobero de la Pisa; it extended its share repurchase program through July 31, 2026, enabling open-market buybacks when shares trade at a discount to net asset value (NAV), alongside recent reconvened annual stockholder meetings electing directors Fiona Flannery and Holger Hatje in July 2025 and leadership transition with Hansjoerg Pack replacing Leon Cappel effective March 1, 2025.
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