The fund seeks long-term capital appreciation through investment primarily in equity and equity linked securities of issuers domiciled in Central and Eastern Europe. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings used for investment purposes) in securities of issuers domiciled in Central and Eastern Europe. Investing in foreign securities presents certain risks, such as currency fluctuations, political and economic changes, and market risks. Emerging markets tend to be more volatile and less liquid than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. Any fund that focuses in a particular segment of the market or region of the world will generally be more volatile than a fund that invests more broadly. This fund is non-diversified and can take larger positions in fewer issues, increasing its potential risk. War, terrorism, economic uncertainty, trade disputes, public health crises (including the recent pandemic spread of the novel coronavirus) and related geopolitical events could lead to increased market volatility, disruption to U.S. and world economies and markets and may have significant adverse effects on the fund and its investments.
Company profile
Ticker
CEE
Exchange
Website
CEO
Hepsen Uzcan
Employees
Incorporated
Location
Fiscal year end
Former names
CENTRAL EUROPE & RUSSIA FUND INC, CENTRAL EUROPE & RUSSIA FUND, INC., CENTRAL EUROPE, RUSSIA & TURKEY FUND, INC., CENTRAL EUROPEAN EQUITY FUND INC /MD/, FUTURE GERMANY FUND INC
SEC CIK
IRS number
133556099
CEE stock data
Latest filings (excl ownership)
N-CEN
Annual report (registered investment company)
9 Jan 24
N-CSR
Certified annual shareholder report (management investment company)
28 Dec 23
N-PX
Annual report of proxy voting record
28 Aug 23
CORRESP
Correspondence with SEC
10 Aug 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
30 Jun 23
DEF 14A
Definitive proxy
12 May 23
N-CEN
Annual report (registered investment company)
11 Jan 23
N-CSR
Certified annual shareholder report (management investment company)
29 Dec 22
N-PX
Annual report of proxy voting record
29 Aug 22
N-CSRS
Certified semi-annual shareholder report (management investment company)
8 Jul 22
Latest ownership filings
NPORT-P
The Central and Eastern Europe Fund, Inc. (Jan 2024 report)
22 Mar 24
SC 13G/A
Whitefort Capital Management, LP
14 Feb 24
SC 13G/A
CONTINENTAL GENERAL INSURANCE CO
14 Feb 24
SC 13G
MIZUHO FINANCIAL GROUP INC
13 Feb 24
4
Walter C. Dostmann
30 Jan 24
4
Christian Zugel
30 Jan 24
4
Wolfgang Helmut Leoni
30 Jan 24
4
Holger Hatje
30 Jan 24
SC 13G
Madison Avenue Partners, LP
22 Jan 24
4/A
Bernhard Koepp
16 Jan 24
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
The Central and Eastern Europe Fund, Inc. | – | 6.15 | 12.63 | 0.10 | 61.91 mm | 60 | Jan 2024 |
Institutional ownership, Q2 2023
52.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 3 |
Closed positions | 2 |
Increased positions | 2 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 11.92 bn |
Total shares | 3.33 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
City Of London Investment | 1.38 mm | $30.37 mm |
Continental General Insurance | 613.43 k | $5.34 mm |
Whitefort Capital Management | 564.35 k | $5.11 bn |
Madison Avenue Partners | 211.03 k | $1.91 bn |
Gabelli Funds | 147.00 k | $1.33 bn |
Nations Financial Group Inc, | 111.02 k | $1.01 bn |
SF Stifel Financial | 110.31 k | $999.41 mm |
Uncommon Cents Investing | 82.41 k | $746.62 mm |
Matisse Capital | 34.00 k | $308.00 mm |
Rockefeller Capital Management | 24.34 k | $220.53 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Jan 24 | Leoni Wolfgang Helmut | Common Stock | Other | Acquire J | No | No | 9.7 | 17.64 | 171.11 | 486.26 |
26 Jan 24 | Holger Hatje | Common Stock | Other | Acquire J | No | No | 9.7 | 41.74 | 404.88 | 1,150.74 |
26 Jan 24 | Zugel Christian | Common Stock | Other | Acquire J | No | No | 9.7 | 17.5 | 169.75 | 482.32 |
26 Jan 24 | Walter C. Dostmann | Common Stock | Other | Acquire J | No | No | 9.7 | 20.14 | 195.36 | 555.14 |
5 Jan 23 | Bernhard Koepp | Common Stock | Buy | Acquire P | No | No | 9.95 | 100 | 995.00 | 1,000 |
5 Jan 23 | Bernhard Koepp | Common Stock | Buy | Acquire P | No | No | 9.95 | 200 | 1.99 k | 900 |
5 Jan 23 | Bernhard Koepp | Common Stock | Buy | Acquire P | No | No | 9.97 | 300 | 2.99 k | 700 |
5 Jan 23 | Bernhard Koepp | Common Stock | Buy | Acquire P | No | No | 9.86 | 400 | 3.94 k | 400 |