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About the company
The New Germany Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation primarily through investment in middle-market German equities. The focus of the Fund's investments lies within Germany. Under normal market conditions at least 80% of the Fund’s net assets are invested in equity or equity-linked securities. The Fund invests in range of sectors, which include aerospace and defense; auto components; automobiles; banks; building products; chemicals; electrical equipment; independent power and renewable electricity producers; insurance; Internet and direct marketing retail; information technology (IT) services, life sciences tools and services; metals and mining; real estate management and development; software; textiles, apparel and luxury goods; trading companies and distributors; diversified financial services; commercial services and supplies, and others. The Fund's investment advisor is DWS International GmbH.
- Revenue in USD (TTM)3.19m
- Net income in USD-11.89m
- Incorporated1990
- Employees--
- LocationNew Germany Fund Inc.875 Third AvenueNEW YORK 10022-6225United StatesUSA
- Phone+1 (212) 454-4500
- Websitehttps://fundsus.dws.com/us/en-us/products/closed-end-funds/the-new-germany-fund-inc.html
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Peer analysis
Key Information
- Key Information
- Stock Performance
- Per Share Data
- Efficiency
- Management Effectiveness
- Profitability
- Financial Strength
- Growth Rates
| Company | Revenue (TTM) | Net income (TTM) | Market cap | Employees | Price/earnings (TTM) | Price/book value (MRQ) | Price/cash flow (TTM) | Price/sales (TTM) | EPS (excl. extraordinary items, TTM) | EPS (incl. extraordinary items, TTM) | Revenue per share (TTM) | Book value per share (MRQ) | Asset turnover (TTM) | Inventory turnover (TTM) | Receivables turnover (TTM) | Revenues per employee (TTM) | Return on avg assets (TTM) | Return on avg assets (5 yr avg) | Return on investment (TTM) | Return on investment (5 yr avg) | Gross margin (TTM) | Gross margin (5 yr avg) | Net profit margin (TTM) | Net Profit margin (5 yr avg) | Quick ratio (MRQ) | Interest coverage (TTM) | Total debt to capital (MRQ) | Payout ratio (5 yr avg) | Revenue (YOY change %) | Revenue (5 yr growth rate) | Net income (YOY change %) | Net income (5 yr growth rate) | Capital expenditure (5 yr growth rate) | Dividend (5 yr growth rate) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Enphys Acquisition Corp | 0.00 | 7.53m | 134.30m | -- | 39.56 | 5.60 | 17.84 | -- | 0.2793 | 0.2793 | 0.00 | 1.97 | 0.00 | -- | -- | -- | 3.79 | -- | 3.81 | -- | -- | -- | -- | -- | -- | -- | 0.0503 | -- | -- | -- | -1.92 | -- | -- | -- |
| John Hancock Income Securities Trust | -100.00bn | -100.00bn | 135.10m | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Athena Technology Acquisition Corp II | 0.00 | 2.49m | 135.70m | -- | 296.04 | 12.11 | 54.45 | -- | 0.0412 | 0.0412 | 0.00 | 1.01 | 0.00 | -- | -- | -- | 1.75 | -- | 1.79 | -- | -- | -- | -- | -- | -- | -- | 0.0122 | -- | -- | -- | 1,324.42 | -- | -- | -- |
| RiverNorth Mngd Drtn Mncpl ncm Fnd , nc | -100.00bn | -100.00bn | 135.96m | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -6.24 | -- | 62.73 | -- | -- | -- |
| Nuveen Arizona Premium Income Mun Fd | -100.00bn | -100.00bn | 136.14m | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Battery Future Acquisition Corp | 0.00 | 5.61m | 136.37m | -- | 28.86 | 3.89 | -- | -- | 0.384 | 0.384 | 0.00 | 2.85 | 0.00 | -- | -- | -- | 6.90 | -- | 7.03 | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | -- | -- | -75.22 | -- | -- | -- |
| Gabelli Multimedia Trust Inc | -100.00bn | -100.00bn | 136.80m | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Western Asset Mortgage Opprtnty Fund Inc | -100.00bn | -100.00bn | 137.29m | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| abrdn National Municipal Income Fund | -100.00bn | -100.00bn | 139.11m | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| New Germany Fund Inc. | 3.19m | -11.89m | 140.19m | -- | -- | 0.8723 | -- | 43.93 | -0.7306 | -0.7306 | 0.1949 | 9.86 | 0.0177 | -- | 11.37 | -- | -6.58 | -- | -6.97 | -- | 45.49 | -- | -372.69 | -- | -- | 0.0834 | 0.00 | -- | 1.87 | -- | 122.59 | -- | -- | -- |
| ContextLogic Inc | 156.00m | -220.00m | 141.09m | 452.00 | -- | 0.914 | -- | 0.9045 | -9.10 | -9.10 | 6.35 | 5.88 | 0.4199 | -- | 78.00 | 345,132.80 | -59.22 | -29.10 | -87.65 | -67.22 | 19.23 | 59.38 | -141.03 | -26.22 | -- | -- | 0.00 | -- | -49.74 | -30.17 | 17.45 | -- | -31.57 | -- |
| Federated Hermes Premier Muncpl Incm Fnd | -100.00bn | -100.00bn | 143.04m | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Israel Acquisitions Corp | 0.00 | 4.81m | 143.13m | -- | 40.50 | 1.93 | 46.40 | -- | 0.2758 | 0.2758 | 0.00 | 5.79 | 0.00 | -- | -- | -- | 4.16 | -- | 4.38 | -- | -- | -- | -- | -- | -- | -- | 0.004 | -- | -- | -- | 8,542.42 | -- | -- | -- |
| BlackRock Long Term Municpl Advntg Trust | 10.78m | 3.74m | 143.13m | -- | 38.32 | 1.02 | -- | 13.27 | 0.2779 | 0.2779 | 0.8025 | 10.43 | 0.0469 | -- | 4.67 | -- | 1.63 | -- | 1.65 | -- | 53.81 | -- | 34.64 | -- | -- | 3.04 | 0.3687 | -- | -- | -- | -- | -- | -- | -- |
| Blockchain Coinvestors Acqustn Corp I | 0.00 | 6.89m | 144.23m | 0.00 | 15.94 | 32.81 | 20.94 | -- | 0.7014 | 0.7014 | 0.00 | 0.3408 | 0.00 | -- | -- | -- | 22.89 | -- | 28.23 | -- | -- | -- | -- | -- | -- | -- | 0.3409 | -- | -- | -- | -34.96 | -- | -- | -- |
| Voya Global Advantage and Prem Oppty Fd | 5.60m | 10.71m | 145.44m | -- | 13.48 | 0.9486 | -- | 25.96 | 0.7031 | 0.7031 | 0.3652 | 9.99 | 0.0355 | -- | 6.25 | -- | 6.79 | -- | 6.81 | -- | 75.16 | -- | 191.20 | -- | -- | -- | 0.00 | -- | 0.3931 | -- | 140.77 | -- | -- | -- |
Data as of Sep 20 2024. Currency figures normalised to New Germany Fund Inc.'s reporting currency: US Dollar USD
53.14%Per cent of shares held by top holders
| Holder | Shares | % Held |
|---|---|---|
| Allspring Global Investments LLCas of 30 Jun 2024 | 2.36m | 14.41% |
| Lazard Asset Management LLCas of 30 Jun 2024 | 1.75m | 10.69% |
| 1607 Capital Partners LLCas of 30 Jun 2024 | 1.70m | 10.38% |
| Saba Capital Management LPas of 06 Sep 2024 | 828.92k | 5.06% |
| City of London Investment Management Co. Ltd.as of 31 Jul 2024 | 525.67k | 3.21% |
| Karpus Management, Inc.as of 30 Jun 2024 | 411.88k | 2.51% |
| Uncommon Cents Investing LLCas of 30 Jun 2024 | 316.47k | 1.93% |
| Shaker Financial Services LLCas of 30 Jun 2024 | 280.68k | 1.71% |
| Gabelli Funds LLCas of 30 Jun 2024 | 267.50k | 1.63% |
| West Yorkshire Pension Fundas of 31 Mar 2024 | 264.36k | 1.61% |
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Data from 31 Mar 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
