New Germany Fund (GF)

The New Germany Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation primarily through investment in middle-market German equities. The Fund focuses its investments in Germany.

Company profile

Ticker

Exchange

NYSE

Website

fundsus.dws.com/us/en-us/products/closed-end-funds/the-new-germany-fund-inc.html

CEO

Hepsen Uzcan

Incorporated

Maryland

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Securities and Commodity Exchanges

SEC CIK

0000858706

Corporate docs

Underwriting Agreements

IRS number

133555471

GF stock data

1M 1Y 5Y

News

From Benzinga Pro

Stocks That Hit 52-Week Lows On Wednesday

13 Jul 22

During Wednesday's session, 326 stocks hit new 52-week lows.

Stocks That Hit 52-Week Lows On Tuesday

5 Jul 22

During Tuesday's session, 539 stocks hit new 52-week lows.

Stocks That Hit 52-Week Lows On Friday

24 Jun 22

On Friday, 61 companies hit new 52-week lows.

Press releases

From Benzinga Pro

The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases

29 Jul 22

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

The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Results of Each Fund's Annual Meeting of Stockholders

23 Jun 22

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

The New Germany Fund, Inc. Announces Portfolio Manager Change

26 May 22

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

Funds

Data from SEC filings

Series	Ticker	%Monthly Return ?			$Assets	#Holdings	As of
New Germany Fund Inc	–	-9.32	-10.5	-4.91	235.88M	77	Mar 2022

Calendar

15 Mar 22

12 Aug 22

31 Dec 22

Recent insider trades

GF insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 Jun 22	Richard R Burt	Common Stock	Other	Acquire J	No	No	8.78	535.44	4.7K	7,016.16
24 Jun 22	Holger Hatje	Common Stock	Buy	Acquire P	No	No	8.78	227.7	2K	2,976.7
24 Jun 22	Pleister Christopher	Common Stock	Other	Acquire J	No	No	8.78	95.99	842.79	1,257.81
24 Jun 22	Leoni Wolfgang Helmut	Common Stock	Other	Acquire J	No	No	8.78	94.31	828.04	1,235.77
24 Jun 22	Zugel Christian	Common Stock	Other	Acquire J	No	No	8.78	1,081.4	9.49K	14,170.4

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

GF institutional ownership history Ownership history

55.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	37	38	-2.6%
Opened positions	1	4	-75.0%
Closed positions	2	3	-33.3%
Increased positions	18	3	+500.0%
Reduced positions	7	13	-46.2%

13F shares	Current	Prev Q	Change
Total value	98.81M	123.85M	-20.2%
Total shares	8.64M	8.36M	+3.4%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Lazard Asset Management	2.27M	$25.93M	-0.0%
Allspring Global Investments	2.11M	$24.17M	-0.1%
1607 Capital Partners	1.35M	$15.48M	+1.3%
City Of London Investment Management	1.25M	$14.29M	+20.9%
Karpus Management	315.21K	$3.6M	-2.8%
Uncommon Cents Investing	301.31K	$3.44M	+18.0%
Gabelli Funds	279.14K	$3.19M	0.0%
Shaker Financial Services	208.79K	$2.39M	+5.4%
RY Royal Bank Of Canada	94.05K	$1.08M	+1.8%
BAC Bank Of America	56.32K	$643K	+36.1%

Largest transactions	Shares	Bought/sold	Change
City Of London Investment Management	1.25M	+215.8K	+20.9%
Cornerstone Advisors	34.83K	-46.35K	-57.1%
Uncommon Cents Investing	301.31K	+45.9K	+18.0%
CIBC Private Wealth	23.04K	+23.04K	NEW
1607 Capital Partners	1.35M	+16.84K	+1.3%
Segantii Capital Management	20.17K	-16.21K	-44.6%
BAC Bank Of America	56.32K	+14.94K	+36.1%
Shaker Financial Services	208.79K	+10.68K	+5.4%
Karpus Management	315.21K	-9.22K	-2.8%
Arnhold	30.15K	+8.22K	+37.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial reports

View all

N-CEN

Annual report (registered investment company)

15 Mar 22

N-CSR

Certified annual shareholder report (management investment company)

9 Mar 22

N-CSRS

Certified semi-annual shareholder report (management investment company)

2 Sep 21

N-CEN/A