The New Germany Fund, Inc. (GF)

NYSE: GF · Real-Time Price · USD
8.05
-0.06 (-0.72%)
Nov 20, 2024, 3:54 PM EST - Market closed
-0.72%
Market Value 131.94M
Revenue (ttm) 3.19M
Net Income (ttm) -11.89M
Shares Out 16.39M
EPS (ttm) -0.73
PE Ratio n/a
Forward PE n/a
Dividend $0.08 (1.01%)
Ex-Dividend Date May 23, 2024
Volume 45,913
Open 8.06
Previous Close 8.11
Day's Range 8.03 - 8.12
52-Week Range 7.90 - 8.99
Beta 1.11
Analysts n/a
Price Target n/a
Earnings Date n/a

About GF

The New Germany 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 of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid cap companies. The fund benchmarks the performance of its portfolio against the Midcap Market Performance Index. The New Germany Fund Inc. was formed on January 16, 1990 and i... [Read more]

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

News

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: CEEEEA
4 months ago - Business Wire

The New Germany Fund, Inc. Announces Results of the Fund's Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today the results of its Annual Meetings of Stockholders held on June 27, 2024. Both of the two Class III Direct...

5 months ago - Business Wire

The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions

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

Other symbols: EEA
6 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: CEE
7 months ago - Business Wire

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: CEEEEA
1 year ago - Business Wire

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: CEEEEA
1 year ago - Business Wire

New Germany Fund: Keeping The Faith In This German Mid-Cap Fund

In the context of weaker external demand globally, it came as no surprise that Germany has also seen its economic data deteriorate. Yet, German corporate and household resilience has sustained amid ti...

1 year ago - Seeking Alpha

The New Germany Fund, Inc. Announces Portfolio Manager Change

NEW YORK--(BUSINESS WIRE)--The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today that Daniel Hann will replace Alexander Lippert as the Fund's deputy portfolio manager effective June 1, 2...

1 year ago - Business Wire

GF: A Discounted Play On The German Recovery

GF: A Discounted Play On The German Recovery.

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: CEE
1 year ago - Business Wire

The Month In Closed-End Funds: January 2023

For the third month in four, equity CEFs (+5.60% on a NAV basis) on average witnessed positive performance. While their fixed income CEF cohorts (+4.08%) posted gains for the second month in three.

Other symbols: BBNEDFGGTIGRKIOMXEMXF
1 year ago - Seeking Alpha

The New Germany Fund, Inc. Announces Portfolio Manager Changes

NEW YORK--(BUSINESS WIRE)--The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today that Leon Cappel will replace Valerie Schueler as the Fund's portfolio manager effective March 1, 2023. ...

1 year ago - Business Wire

New Germany Fund: Levered To A More Resilient German Economy

The New Germany Fund offers investors exposure to middle-market German equities at a relatively low expense ratio. Investor sentiment is low following a significant FY22 drawdown, and the NAV discount...

1 year ago - Seeking Alpha

GF: Watch Out For Further Distribution Cuts

The New Germany Fund provides investors exposure to middle-market German companies, an asset class that is traditionally difficult to access. Over 10 years, the GF fund has outperformed the EWG ETF by...

2 years ago - Seeking Alpha

New Germany Fund: In A Tough Spot

The New Germany Fund (-38%) has significantly underperformed global stocks this year. The macroeconomic outlook and valuation picture looks unhealthy.

2 years ago - Seeking Alpha

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: CEE
2 years ago - Business Wire

GF - Part1: Impact Of EU-Russian Sanctions On German Energy

This CEF offers a forward distribution yield (ttm) of approximately 90% as of 11.03.2022, which seems in our view too good to remain true.

2 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: December 26, 2021

20 out of 24 CEF sectors positive on price and 14 out of 24 sectors positive on NAV last week. It's pretty quiet in CEF-land, fund managers need holidays too. MLPs remain the most discounted sector.

Other symbols: ACVBANXBRWCHNDSUFCOGGT
3 years ago - Seeking Alpha

5 Best CEFs To Buy This Month (August 2021)

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns.

Other symbols: ACVAGDAODASGBBNBSTBUI
3 years ago - Seeking Alpha

Eurozone's Summer Growth Spurt And The Risks From The Delta Variant

The Eurozone's economy as measured by GDP expanded by 2% q/q in the second quarter, significantly faster than expected, indeed faster than the economies of the US and China. The most important driver ...

3 years ago - Seeking Alpha

Third-Wave Risks To Germany's Economic Recovery

Leading indicators but also hard data signal a developing manufacturing sector boom while the government prepares the strictest lockdown to date in order to prevent the healthcare system from being ov...

Other symbols: DAXEWGFGMFLGR
3 years ago - Seeking Alpha

Eurozone Economy Returns To Growth For First Time In 6 Months

Flash Eurozone PMI at 52.5 in March signals return to growth. Manufacturing expands at record pace, helping offset service sector weakness.

3 years ago - Seeking Alpha

Eurozone Flash PMI Hit By Weaker Services, Masks Manufacturing Strength

Flash Eurozone PMI edges up from 47.8 in January to 48.1 in February. Manufacturing expansion gains momentum, helping offset further service sector weakness.

4 years ago - Seeking Alpha

Germany's Economic Recovery: ifo Survey

Germany's Economic Recovery: ifo Survey

Other symbols: DAXEWGFGMFLGR
4 years ago - Seeking Alpha

The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc.

NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The European Equity Fund, Inc.

4 years ago - Business Wire