The Central and Eastern Europe Fund, Inc. (CEE)

NYSE: CEE · Real-Time Price · USD
11.97
+0.49 (4.27%)
Dec 20, 2024, 3:59 PM EST - Market closed
4.27%
Market Value 76.56M
Revenue (ttm) 2.97M
Net Income (ttm) 14.04M
Shares Out 6.40M
EPS (ttm) 2.23
PE Ratio 5.37
Forward PE n/a
Dividend $0.37 (3.05%)
Ex-Dividend Date Dec 28, 2023
Volume 28,727
Open 11.31
Previous Close 11.48
Day's Range 11.31 - 12.12
52-Week Range 9.11 - 13.36
Beta 1.32
Analysts n/a
Price Target n/a
Earnings Date n/a

About CEE

The Central and Eastern Europe Fund, Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the CECE, RTX, and ISE National 30. The fund was formerly known as The Central Europe And Russia Fund, Inc. The Central and Easte... [Read more]

Sector Financials
Founded 1990
Country Germany
Stock Exchange NYSE
Ticker Symbol CEE
Full Company Profile

News

The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements

NEW YORK--(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...

Other symbols: EEAGF
2 days ago - Business Wire

The Central and Eastern Europe Fund, Inc. Provides Update on Developments Regarding Russian Holdings

NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”). As previously reported, certain of the Fund's Russian holdings have been valued at zero since March 14, 2...

4 weeks ago - Business Wire

The Trump Factor Takes A Toll On Foreign Stocks

The election victory has fueled a strong rally in US equities, but Trump's comeback is seen as a new risk factor elsewhere as Washington prepares to pivot to new edition of an “America First” policy. ...

5 weeks ago - Seeking Alpha

The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases

NEW YORK--(BUSINESS WIRE)--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 collectivel...

Other symbols: EEAGF
5 months ago - Business Wire

The Central and Eastern Europe Fund, Inc. Announces Results of the Fund's Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”) announced today the results of its Annual Meeting of Stockholders which was initially called to order and ...

5 months ago - Business Wire

The Central and Eastern Europe Fund, Inc., Announces Results of the Fund's Annual Meeting of Stockholders and Extension of Minimum Period for Partial Advisory Fee Waiver

NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”) announced today the results of its Annual Meeting of Stockholders held on June 27, 2024. Stockholders rati...

6 months ago - Business Wire

CTP Expands in Romania With 270,000 sqm Warehouse and 30HA Landbank Acquisition

AMSTERDAM--(BUSINESS WIRE)--Regulatory News: CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has acquired from Globalwor...

7 months ago - Business Wire

The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders

NEW YORK--(BUSINESS WIRE)--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 that the Ann...

Other symbols: GF
8 months ago - Business Wire

CEE: The Russian Catalyst Is Back (Rating Upgrade)

The recently proposed plan offer for Western institutional investors to swap their frozen investments in Russia for Western stocks currently held by Russian retail investors could be bullish for CEE. ...

10 months ago - Seeking Alpha

American Stocks Continue To Lead Global Equities Ex-U.S. In 2024

World stocks that hold US shares are up 1.6% year to date while foreign equities ex-US are down 1.5% in 2024. The Japanese stock market was a strong competitor vis-à-vis US shares last year too.

11 months ago - Seeking Alpha

The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Appointment of New Chairman of the Board

NEW YORK--(BUSINESS WIRE)--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...

Other symbols: EEAGF
1 year ago - Business Wire

The Month In Closed-End Funds: October 2023

For the third straight month, both equity (-2.52% on a NAV basis) and fixed income (-1.62%) CEFs on average suffered downside performance. At month end, 6% of all CEFs traded at a premium to their NAV...

Other symbols: BRWUTG
1 year ago - Seeking Alpha

CEE: A Strong Bullish Catalyst From A Russian Company

I believe Magnit PJSC's recent buyback may incentivize other Russian companies to follow suit, presenting a bullish opportunity for CEE, which marked to zero all of its Russian assets. Despite geopoli...

1 year ago - Seeking Alpha

The Month In Closed-End Funds: June 2023

In June, 92% of all closed-end funds (CEFs) posted net asset value (NAV)-based returns in the black, with average returns of 3.57% for equity CEFs and 1.63% for fixed income CEFs. The Natural Resource...

Other symbols: BWGCUBAEDFGABTEIXFLT
1 year ago - Seeking Alpha

The Central and Eastern Europe Fund, Inc., Announces Results of the Fund's Annual Meeting of Stockholders and Extension of Advisory Fee Waiver

NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”) announced today the results of its Annual Meeting of Stockholders held on June 22, 2023. Each of the three...

1 year ago - Business Wire

The Month In Closed-End Funds: April 2023

For the first month in three, equity CEFs (+0.67% on a NAV basis) on average witnessed plus-side performance. While their fixed-income CEF cohorts (+0.56%) posted gains for the second consecutive mont...

Other symbols: CIKGRXKIOSTEWSWZXFLT
1 year ago - Seeking Alpha

The Central and Eastern Europe Fund, Inc., and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders

NEW YORK--(BUSINESS WIRE)--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 that the Ann...

Other symbols: GF
1 year ago - Business Wire

CEE: Too Risky A Play On Russia Upside

The Central and Eastern Europe Fund has been hit particularly hard by Russian sanctions over the last year. The Russian book has been marked to zero but could yield substantial recovery value should s...

1 year ago - Seeking Alpha

Foreign Stocks Are Hot Again. Will It Last?

Diversifying into global markets ex-US has been a frustrating choice for asset allocation for much of the past decade. So far in the new year, Europe is the leader.

2 years ago - Seeking Alpha

The Month In Closed-End Funds: December 2022

For the first month in three, equity CEFs (-3.12% on a NAV basis) on average witnessed negative performance. While their fixed income CEF cohorts (-0.28%) posted losses for the fourth month in five.

Other symbols: ASACAFEDFFAXJOFTDFTEI
2 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: DEX Will Merge With AGD, Tender Next January (December 11, 2022)

2 out of 23 CEF sectors positive on price and 4 out of 23 sectors positive on NAV last week. DEX will merge with AGD.

Other symbols: ACPAGDASGIBBNBYMCHIDCF
2 years ago - Seeking Alpha

Central And Eastern Europe Fund: Making A Concentrated Bet On Poland And Hungary

CEE could be an interesting investment vehicle, but only when it trades at a discount to NAV. I am focusing on Poland and Hungarian ADRs for the time being.

2 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Other symbols: ACPAGDASGIBBNCRFDBLEEA
2 years ago - Seeking Alpha

The Central and Eastern Europe Fund, Inc. Announces Changes to Portfolio Management Team

NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”) announced today that Sebastian Kahlfeld will replace Sylwia Szczepek as the Fund's portfolio manager effec...

2 years ago - Business Wire

The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Results of Each Fund's Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--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 ...

Other symbols: GF
2 years ago - Business Wire