Central & Eastern Europe Fund, Inc. director reports small share increase via dividend reinvestment. Director Wolfgang Helmut Leoni acquired 10.12 shares of common stock on 01/30/2026 through a transaction coded "J," which the note explains were shares acquired through dividend reinvestment. Following this automatic reinvestment, Leoni directly owns 510.11 shares of the fund.
The Registrant for fund CEE filed an annual Form N‑CEN, which is a census-style report for registered investment companies. The filing lists key operational data rather than performance results. During the period, the Fund reports a monthly average value of portfolio securities on loan of 3,047,904.86 and net income from securities lending activities of 45,928.76. The Fund also discloses aggregate brokerage commissions paid of 39,197.3 and total value of principal purchases and sales with a dealer of 49,047,727.61. The report also identifies numerous service providers such as custodians, transfer agents, administrators, and brokers, and confirms that affiliated broker‑dealers received 0 in commissions for the period.
The Central and Eastern Europe Fund, Inc. reported a strong rebound for the year ended October 31, 2025. The closed-end fund, which seeks long-term capital appreciation in Central and Eastern European equities, delivered a 50.47% total return based on net asset value (NAV) and 50.81% based on market price, compared with 58.42% for its MSCI Emerging Markets Eastern Europe benchmark. NAV rose from $11.07 to $16.20, and net assets reached $104.6 million.
The shares, which had traded at an average discount the prior year, moved to an average 5.45% premium to NAV. Poland dominated the portfolio at 69% of net assets, followed by Hungary at 20%, with financials the largest sector at 34% of equity holdings. The fund continues to carry all Russian securities and roughly 1.13 billion RUB in related dividend receivables at zero value because of sanctions and capital controls. The annual expense ratio after fee waivers was 1.26%, and the fund paid an income distribution of $0.35 per share.
Phronesis Partners, L.P. and James Wiggins filed a Schedule 13G reporting beneficial ownership in Central & Eastern Europe Fund, Inc. They report 467,350 shares, representing 7.2% of the class, as of the event date 09/03/2025.
The filing shows shared voting and dispositive power over 467,350 shares and no sole voting or dispositive power. The certification states the securities were not acquired and are not held for the purpose of changing or influencing control, consistent with a passive Schedule 13G filing.