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The New Germany Fund (GF)

Non U.S. Equity Funds - European Equity Funds

Data as of March 27, 2024
Current
Market Price $8.68 (+ $0.07)
NAV (March 27, 2024) $10.62 (+ $0.09)
Fund Listed NYSE
Premium / Discount -18.27% (-0.03%)
Fund Info
Inception Jan. 30, 1990
Sponsor Deutsche Investment Management Americas
Website https://fundsus.dws.co...
Phone (800) 349-4281
NAV Symbol XGFNX
Location New York
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: Long-term capital appreciation; middle-market German equities
Related Indexes
International Equity Index
Capital & Leverage
Outstanding Shares 16,780,279
Total Assets (Reported: Dec. 31, 2023) $185M
Estimated Total Assets $178M
Net Assets $178M
Market Cap $146M
Portfolio Turnover 24.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.37%
Non Lev Exp Ratio 1.37%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -13.10%
Discount Low(3 Yr) -18.97%
Discount High(3 Yr) -5.68%
Discount Rel Range (3 Yr) 5.26%
Comp Discount -5.49
Discount St Dev (1Yr) 1.14
Z-Stat
Z-Stat (6mo) -1.39
Z-Stat (1Yr) -1.48
Z-Stat (3Yr) -1.80
Comp Z-Stat (6mo) -1.20
Comp Z-Stat (3Yr) -0.71
Distribution Data
Market Yield 0.81%
Income Yield 0.81%
Lev Adj NAV Yield 0.66%
Distribution Frequency S
Current Distribution $0.057
Current Income $0.057
Ex-Date 12/28/23
Payable Date 1/26/24
Div Growth (3yr) %
Dividend Change % on
Expected Div 5/9/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $244
Avg Volume 30 day 29,321
Avg Volume 90 day 28,138
Volume Trend 4.20%
Comp Volume Trend 21.25%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
69.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
68.0%
Price Correlation (1yr)
vs. CEFA's International Equity Index
81.0%
Most Correlated Peer (Mk Pr): EEA 82.0%
NAV - Price Correlation (30 d) 88.3%
NAV - Price Correlation (90 d) 94.2%
NAV - Price Correlation (1 Yr) 95.9%
Price St Dev (1Yr) 15.6%
NAV St Dev (1Yr) 17.9%
Earnings
Earnings / Share (12/31/23) $-0.063
Earn Coverage 0.00%
Earnings Trend Down
UNII / Share (12/31/23) $0.015
Rel UNII 21.65
UNII Trend Up
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.01
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.60
NAV Beta (2yr)
vs. CEFA's International Equity Index
1.33

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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