Company The New Germany Fund, Inc.

Equities

GF

US6444651060

Closed End Funds

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
8.43 USD +0.60% Intraday chart for The New Germany Fund, Inc. +1.57% -3.55%

Business Summary

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 focus of the Fund's investments lies within Germany. Under normal market conditions at least 80% of the Fund’s net assets are invested in equity or equity-linked securities. The Fund invests in range of sectors, which include aerospace and defense; auto components; automobiles; banks; building products; chemicals; electrical equipment; independent power and renewable electricity producers; insurance; Internet and direct marketing retail; information technology (IT) services, life sciences tools and services; metals and mining; real estate management and development; software; textiles, apparel and luxury goods; trading companies and distributors; diversified financial services; commercial services and supplies, and others. The Fund's investment advisor is DWS International GmbH.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
-3 100.0 % -12 100.0 % +256.60%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
-3 100.0 % -12 100.0 % +256.60%

Managers

Managers TitleAgeSince
Chief Executive Officer 49 12-12-31
Director of Finance/CFO 58 17-12-31
Compliance Officer 54 15-12-31
Corporate Secretary 62 05-12-31
General Counsel 62 11-12-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 49 12-12-31
Director/Board Member 65 17-06-26
Director/Board Member 65 19-12-31
Chairman - 22-06-22
Director/Board Member 63 18-12-31
Director/Board Member 56 22-06-22
Director/Board Member 68 14-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 17,212,566 17,201,605 ( 99.94 %) 0 99.94 %

Shareholders

NameEquities%Valuation
Allspring Global Investments LLC
13.65 %
2,339,159 13.65 % 20 M $
Lazard Asset Management LLC
12.44 %
2,131,644 12.44 % 19 M $
Lazard Asset Management LLC
12.44 %
2,131,644 12.44 % 19 M $
1607 Capital Partners LLC
9.514 %
1,630,423 9.514 % 14 M $
City of London Investment Management Co. Ltd.
7.147 %
1,224,799 7.147 % 11 M $
Uncommon Cents Investing LLC
1.798 %
308,220 1.798 % 3 M $
Shaker Financial Services LLC
1.785 %
305,996 1.785 % 3 M $
Laxey Partners (UK) Ltd.
1.680 %
287,915 1.680 % 3 M $
Gabelli Funds LLC
1.567 %
268,500 1.567 % 2 M $
West Yorkshire Pension Fund
1.534 %
262,901 1.534 % 2 M $

Company contact information

New Germany Fund, Inc.

875 Third Avenue

10022-6225, New York

+49 69 910 12371

address The New Germany Fund, Inc.(GF)
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