|Bid||15.72 x 2200|
|Ask||0.00 x 800|
|Day's Range||16.28 - 16.63|
|52 Week Range||8.24 - 16.74|
|Beta (5Y Monthly)||1.34|
|PE Ratio (TTM)||3.32|
|Forward Dividend & Yield||0.14 (0.86%)|
|Ex-Dividend Date||May 15, 2020|
|1y Target Est||N/A|
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 Board of Directors has approved an extension of the current repurchase authorization permitting EEA, GF and CEE to repurchase up to 745,000, 1,573,000, and 667,000 shares, respectively for the twelve month period from August 1, 2020 through July 31, 2021. Repurchases will be made from time to time when they are believed to be in the best interests of a Fund.
Closed-end funds were doubly decimated in 2020’s selloff. For these funds, a positive gain so far this year is no meager accomplishment.
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 held on June 25, 2020.