- The Central and Eastern Europe Fund, Inc. (CEE, Financial) and The New Germany Fund, Inc. (GF) announce their 2025 Annual Shareholder Meetings.
- Meetings will include director elections, auditor approvals, and other shareholder proposals.
- Stockholders must be on record by May 16, 2025, to participate in voting.
The Central and Eastern Europe Fund, Inc. (CEE) alongside The New Germany Fund, Inc. (GF) are set to hold their Annual Meetings of Stockholders on June 30, 2025. The meetings will commence at 10:30 a.m. Eastern time at the DWS Investment Management Americas offices in New York. These meetings will allow shareholders to vote on the election of directors and the approval of auditors. Additionally, CEE stockholders will be asked to consider a stockholder proposal if it is properly presented.
Eligibility to vote at either meeting requires being a holder of record by the close of business on May 16, 2025. This emphasizes the importance of the record date for shareholders wishing to exercise their voting rights. The CEE is non-diversified and focuses investments in emerging markets, which involve significant risks such as currency fluctuations and political instability.
Both CEE and GF represent closed-end funds, meaning their shares are not continuously offered but rather traded in the open market, often at a discount to net asset value. This creates additional volatility and risk for investors. It is important for potential investors to consider these risks before investing in these funds. The CEE currently holds a market cap of $87.94 million with institutional ownership at 29.12%.
For further details, shareholders and interested parties can reach out to the DWS Press Office or the DWS Closed-End Funds line, as provided in the announcement. Additionally, more information about the funds and their performance can be accessed on the DWS Group's official website.