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Central and Eastern Europe Fund Inc (The) - CEE STOCK NEWS

Welcome to our dedicated news page for Central and Eastern Europe Fund (The) (Ticker: CEE), a resource for investors and traders seeking the latest updates and insights on Central and Eastern Europe Fund (The).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Central and Eastern Europe Fund (The)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Central and Eastern Europe Fund (The)'s position in the market.

Rhea-AI Summary
The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. will hold their Annual Meetings of Stockholders on June 27, 2024. Shareholders will consider the election of Directors and approval of auditors. The Funds have specific risks related to investing in foreign securities, emerging markets, and geopolitical events. Russia's actions have adversely affected the Central and Eastern Europe Fund. Closed-end funds trade at a discount to net asset value and are not continuously offered.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
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Rhea-AI Summary
The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The New Germany Fund, Inc. (NYSE: GF), and The European Equity Fund, Inc. (NYSE: EEA) have declared distributions for 2023. CEE and EEA will pay distributions in stock, with an option for cash, while GF will pay distributions in cash. The funds' distributions are as follows: CEE - $0.3651, GF - $0.0566, and EEA - $0.1394 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
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Rhea-AI Summary
The Central and Eastern Europe Fund, Inc. (CEE) and The European Equity Fund, Inc. (EEA) announced the appointment of Mr. Bernhard Koepp as the new Chairman of each Fund’s Board effective January 1, 2024, replacing Mr. Christian Strenger. The New Germany Fund, Inc. (GF) also announced the retirement of Mr. Christian Strenger and Dr. Christopher Pleister from the Board. The announcement highlighted the impact of Russia’s invasion of Ukraine on the value and liquidity of the Central and Eastern Europe Fund, Inc. portfolios, as well as the adverse effects of sanctions on the Russian economy.
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1.55%
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management
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buyback
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4.34%
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-0.12%
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0.83%
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Rhea-AI Sentiment
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4.97%
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Central and Eastern Europe Fund Inc (The)

NYSE:CEE

CEE Rankings

CEE Stock Data

59.66M
0.07%
35.05%
0.03%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
New York

About CEE

dws investments is the mutual fund arm of deutsche asset management, the largest mutual fund company in its home country, germany, the number three of the leading retail mutual fund companies across europe** and within the top 10 globally***. founded in 1956, dws’s activities span not only europe. over the last few years, the dws investments brand has been rolled out to cover countries and products across the americas and asia pacific. * bvi, september 30, 2011; incl. db products ** lipper fmi, june 30, 2011; incl. db products *** lipper fmi (europe), simfund (us, asia australia); june 30, 2011. european figures incl. db products