The Central & Eastern Europe Fund, Inc., The New Germany Fund, Inc., & The European Equity Fund, Inc. Make Yearly Distributio...
December 19 2018 - 5:00PM
Business Wire
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 GF’s total distributions
will be paid in stock except that any stockholder of record as of
December 31, 2018 may elect to receive such distribution in
cash.
Details for each Fund’s 2018 yearly December distributions are
as follows:
Declaration- 12/19/2018
Ex-Date- 12/28/2018 Record-
12/31/2018 Payable- 1/30/2019
Fund Ticker
Net Investment
Income per
Share
Short-Term
Capital Gains
per Share
Long-Term
Capital Gains
per Share
Total
Distribution
per Share
The Central and Eastern Europe Fund, Inc. CEE $1.0077
$0.0000 $0.0000 $1.0077 The New Germany Fund,
Inc. GF $0.0868 $0.0000 $2.8520
$2.9388 The European Equity Fund, Inc. EEA $0.0432
$0.0000 $0.0000 $0.0432
For more information on each Fund, including the most recent
month-end performance, visit www.dwsfunds.com or call (800)
349-4281.
Important Information
The Central and Eastern Europe Fund, Inc. This fund is
non-diversified and can take larger positions in fewer issues,
increasing its potential risk. Investing in foreign securities
presents certain risks, such as currency fluctuations, political
and economic changes, and market risks. 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.
The European Equity Fund, Inc. and The New Germany Fund,
Inc. Investing in foreign securities, particularly those of
emerging markets, presents certain risks, such as currency
fluctuations, political and economic changes, and market risks.
Any fund that concentrates in a particular segment of the market
will generally be more volatile than a fund that invests more
broadly.
The shares of most closed-end funds, including the Funds, are
not continuously offered. Once issued, shares of closed-end
funds are bought and sold in the open market through a stock
exchange. Shares of closed-end funds frequently trade at a
discount to net asset value. The price of a fund’s shares is
determined by a number of factors, several of which are beyond the
control of the fund. Therefore, a fund cannot predict
whether its shares will trade at, below, or above net asset
value.
Investments in funds involve risk. Additional risks of the
Funds are associated with international investing, such as currency
fluctuations, political and economic changes, market risks,
government regulations and differences in liquidity, which may
increase the volatility of your investment. Foreign security
markets generally exhibit greater price volatility and are less
liquid than the US market. Additionally, the Funds focus
their investments in certain geographical regions, thereby
increasing their vulnerability to developments in that region and
potentially subjecting the Funds’ shares to greater price
volatility. Some funds have more risk than others.
These include funds, such as the Funds, that allow exposure to
or otherwise concentrate investments in certain sectors, geographic
regions, security types, market capitalization, or foreign
securities (e.g., political or economic instability, which can be
accentuated in emerging market countries).
The European Union, the United States and other countries
have imposed sanctions on Russia in response to Russian military
and other actions in recent years. These sanctions have
adversely affected Russian individuals, issuers and the Russian
economy. Russia, in turn, has imposed sanctions targeting
Western individuals, businesses and products. The various
sanctions have adversely affected, and may continue to adversely
affect, not only the Russian economy, but also the economies of
many countries in Europe, including countries in Central and
Eastern Europe. The continuation of current sanctions or the
imposition of additional sanctions may materially adversely affect
the value of the Funds’ portfolios.
Past performance is no guarantee of future results.
This press release shall not constitute an
offer to sell or a solicitation to buy, nor shall there be any sale
of these securities in any state or jurisdiction in which such
offer or solicitation or sale would be unlawful prior to
registration or qualification under the laws of such state or
jurisdiction.
NOT FDIC/ NCUA INSURED • MAY LOSE VALUE
• NO BANK GUARANTEE
NOT A DEPOSIT • NOT INSURED BY ANY
FEDERAL GOVERNMENT AGENCY
DWS Distributors, Inc.
222 South Riverside Plaza
Chicago, IL 60606-5808
www.dws.com
Tel (800) 621-1148
© 2018 DWS Group GmbH & Co. KGaA. All
rights reserved
The brand DWS represents DWS Group GmbH & Co. KGaA and any
of its subsidiaries such as DWS Distributors, Inc. which offers
investment products or DWS Investment Management Americas, Inc. and
RREEF America L.L.C. which offer advisory services.
(R-063478-1) (12/18)
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version on businesswire.com: https://www.businesswire.com/news/home/20181219005600/en/
For additional
information:DWS Press Office (212)
250-0072Shareholder Account Information (800) 294-4366DWS
Closed-End Funds (800) 349-4281
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