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New Germany Fund, Inc. (The)

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About

The New Germany Fund Inc. is a closed-end equity fund that invests primarily in German equity securities to provide long-term capital appreciation. The fund's portfolio focuses on companies domiciled in Germany or that generate a substantial portion of their revenues from German operations, spanning large-cap established enterprises to smaller growth companies. As a closed-end fund, New Germany Fund trades on the stock exchange and may trade at a premium or discount to its net asset value (NAV). The fund is managed by Allianz Global Investors and provides U.S. investors with exposure to the German economy and equity markets.