Get early access! Join the Twelve Data AI Assistant waitlist now.
11.76000 USD
0.02
0.17%
Last update Oct 3, 3:59 PM EDT
Market closed
Day range
11.66000
11.82000
Previous close
11.78000
Open
11.80000
Access this stock data via API
Subscribe
New Germany Fund Inc.
11.76
0.02
0.17%

Overview

Description

New Germany Fund Inc. is a closed-end investment company that primarily targets long-term capital appreciation through investments in German equities, with a particular emphasis on middle-market companies. Operating as a diversified fund, it allocates most of its assets—typically at least 80%—to equity and equity-linked securities representing a cross-section of Germany’s industrial landscape. Key sector exposures include industrials, information technology, communication services, materials, and consumer discretionary, reflecting the fund’s focus on companies that are integral to Germany’s economic engine. The fund’s strategy is designed to capture growth opportunities within the mid-sized segment of the German market, which is known for its innovation and export strength. Since its inception in 1990, New Germany Fund Inc. has offered investors access to the German market via a portfolio managed by experienced professionals, leveraging both sector and geographic insights to navigate risk and potential reward. Its closed-end structure enables a disciplined, long-term investment approach, decoupled from the redemption pressures that affect open-end funds, and its shares are bought and sold on the open market at prices determined by supply and demand.

About

CEO
Employees
0
Address
Mainzer Landstrasse 11-17
Frankfurt am Main, 60329
Phone
49 69 910 12371
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 11 hours 8 minutes

16:51
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).