The Central and Eastern Europe Fund, Inc. Reports Earnings Results for the Half Year Ended April 30, 2021
July 02, 2021 at 12:59 pm EDT
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The Central and Eastern Europe Fund, Inc. announced earnings results for the half year ended April 30, 2021. For the half year, the company announced total revenue was USD 803,444. Net income was USD 49.025 million.
The Central and Eastern Europe Fund, Inc. (the fund) is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central and Eastern Europe. Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings used for investment purposes) in securities of issuers domiciled in Central and Eastern Europe. The Fund invests in various sectors, such as banks; diversified telecommunication services; electric utilities; food and staples retailing; metals and mining; oil, gas, and consumable fuels; wireless telecommunication services; insurance; media; airlines, chemicals, and pharmaceuticals; entertainment; interactive media and services, information technology (IT) services; insurance, and textiles, apparel, beverages, and luxury goods. DWS International GmbH is the investment advisor of the Fund.
THE CENTRAL AND EASTERN EUROPE FUND, INC. 
