New Germany Fund
Sponsor: DWS · Inception Jan 25, 1990 · Pays semi-annual
Market priceShare price
$10.22
+0.69% (+$0.07)
NAVAsset value per share
$11.42
as of Oct 13, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
10.51% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
0.36%
regular, annualised · on NAV 0.32%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 15, 2026, 3:59 PM EDT (exchange time, ET) · retrieved Oct 15, 2026, 5:45 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Distribution rates
Regular rate on price
0.36%
$0.0370 annualised ÷ $10.22
Reinvest
0.40%
$1 reinvested buys $1.12 of NAV · rate × NAV ÷ price
Regular rate on NAV
0.32%
÷ NAV $11.42 (Oct 13, 2026)
TTM yield (incl. specials)
2.78%
$0.2838 paid in 12 months ÷ price · includes a special
TTM yield (ex specials)
—
— regular only
SEC yield
Not reported
shown only when the fund reports it
Frequency
Semi-annual
latest $0.1540 · Special (inferred)
The regular rate annualises the latest regular payment by its frequency; special distributions are never annualised. A distribution rate is not a portfolio income yield and is not a measure of performance — see composition and NAV history below.
Distribution history
58 payments on record
Most recent 60 payments, by ex-date.
| Declared | Ex-date | Record | Paid | Amount | Frequency | Type | Source |
|---|---|---|---|---|---|---|---|
| May 11, 2026 | May 26, 2026 | May 26, 2026 | Jun 29, 2026 | $0.1540 | Semi-annual | Special (inferred) | Market data vendor |
| Dec 18, 2025 | Dec 30, 2025 | Dec 30, 2025 | Jan 30, 2026 | $0.1298 | Semi-annual | Special (inferred) | Market data vendor |
| May 16, 2025 | May 27, 2025 | May 27, 2025 | Jun 6, 2025 | $0.0185 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 18, 2024 | Dec 30, 2024 | Dec 30, 2024 | Jan 31, 2025 | $0.0482 | Semi-annual | Regular (inferred) | Market data vendor |
| May 14, 2024 | May 23, 2024 | May 24, 2024 | Jun 4, 2024 | $0.0239 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 19, 2023 | Dec 28, 2023 | Dec 29, 2023 | Jan 26, 2024 | $0.0566 | Semi-annual | Regular (inferred) | Market data vendor |
| May 5, 2023 | May 12, 2023 | May 15, 2023 | May 31, 2023 | $0.0136 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 20, 2022 | Dec 29, 2022 | Dec 30, 2022 | Jan 27, 2023 | $0.0430 | Semi-annual | Regular (inferred) | Market data vendor |
| May 6, 2022 | May 13, 2022 | May 16, 2022 | Jun 24, 2022 | $0.7250 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 20, 2021 | Dec 29, 2021 | Dec 30, 2021 | Jan 28, 2022 | $4.9190 | Semi-annual | Special (inferred) | Market data vendor |
| May 7, 2021 | May 14, 2021 | May 17, 2021 | Jun 25, 2021 | $0.9330 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 18, 2020 | Dec 29, 2020 | Dec 30, 2020 | Jan 28, 2021 | $0.2592 | Semi-annual | Regular (inferred) | Market data vendor |
| May 8, 2020 | May 15, 2020 | May 18, 2020 | Jun 26, 2020 | $0.3375 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 19, 2019 | Dec 27, 2019 | Dec 30, 2019 | Jan 30, 2020 | $0.2036 | Semi-annual | Regular (inferred) | Market data vendor |
| May 9, 2019 | May 17, 2019 | May 20, 2019 | Jun 28, 2019 | $0.2970 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 19, 2018 | Dec 28, 2018 | Dec 31, 2018 | Jan 30, 2019 | $2.8520 | Semi-annual | Special (inferred) | Market data vendor |
| May 9, 2018 | May 18, 2018 | May 21, 2018 | Jun 26, 2018 | $0.7148 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 19, 2017 | Dec 28, 2017 | Dec 29, 2017 | Jan 26, 2018 | $0.7433 | Annual | Regular (inferred) | Market data vendor |
| Dec 20, 2016 | Dec 28, 2016 | Dec 30, 2016 | Jan 27, 2017 | $0.7958 | Semi-annual | Regular (inferred) | Market data vendor |
| May 9, 2016 | May 17, 2016 | May 19, 2016 | Jul 18, 2016 | $0.3873 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 21, 2015 | Dec 29, 2015 | Dec 31, 2015 | Jan 28, 2016 | $0.8669 | Semi-annual | Regular (inferred) | Market data vendor |
| May 8, 2015 | May 14, 2015 | May 18, 2015 | Jun 19, 2015 | $0.3635 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 19, 2014 | Dec 29, 2014 | Dec 31, 2014 | Jan 28, 2015 | $3.5350 | Semi-annual | Special (inferred) | Market data vendor |
| May 9, 2014 | May 15, 2014 | May 19, 2014 | Jun 20, 2014 | $0.8030 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 23, 2013 | Dec 27, 2013 | Dec 31, 2013 | Jan 31, 2014 | $4.4810 | Annual | Special (inferred) | Market data vendor |
| Dec 21, 2012 | Dec 27, 2012 | Dec 31, 2012 | Jan 28, 2013 | $0.6334 | Annual | Regular (inferred) | Market data vendor |
| Dec 20, 2011 | Dec 28, 2011 | Dec 30, 2011 | Jan 27, 2012 | $0.5454 | Semi-annual | Regular (inferred) | Market data vendor |
| May 9, 2011 | May 17, 2011 | May 19, 2011 | May 31, 2011 | $0.0400 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 21, 2010 | Dec 29, 2010 | Dec 31, 2010 | Jan 28, 2011 | $0.0650 | Semi-annual | Regular (inferred) | Market data vendor |
| Apr 19, 2010 | Apr 28, 2010 | Apr 30, 2010 | May 10, 2010 | $0.0535 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 21, 2009 | Dec 29, 2009 | Dec 31, 2009 | Jan 28, 2010 | $0.1601 | Semi-annual | Special (inferred) | Market data vendor |
| Apr 24, 2009 | Apr 30, 2009 | May 4, 2009 | May 14, 2009 | $0.0176 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 5, 2008 | Dec 11, 2008 | Dec 15, 2008 | Dec 31, 2008 | $0.1274 | Semi-annual | Regular (inferred) | Market data vendor |
| Apr 25, 2008 | May 2, 2008 | May 6, 2008 | May 15, 2008 | $0.0594 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 12, 2007 | Dec 19, 2007 | Dec 21, 2007 | Jan 10, 2008 | $0.2550 | Semi-annual | Special (inferred) | Market data vendor |
| Apr 25, 2007 | May 1, 2007 | May 3, 2007 | May 15, 2007 | $0.3400 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 12, 2006 | Dec 19, 2006 | Dec 21, 2006 | Dec 28, 2006 | $0.0550 | Semi-annual | Regular (inferred) | Market data vendor |
| Apr 26, 2006 | May 3, 2006 | May 5, 2006 | May 15, 2006 | $0.1500 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 15, 2005 | Dec 20, 2005 | Dec 22, 2005 | Dec 30, 2005 | $0.4100 | Semi-annual | Special (inferred) | Market data vendor |
| May 10, 2005 | May 17, 2005 | May 19, 2005 | May 27, 2005 | $0.1400 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 10, 2004 | Dec 20, 2004 | Dec 22, 2004 | Dec 31, 2004 | $0.2300 | Semi-annual | Special (inferred) | Market data vendor |
| Apr 27, 2004 | May 4, 2004 | May 6, 2004 | May 14, 2004 | $0.0500 | Semi-annual | Regular (inferred) | Market data vendor |
| Dec 15, 2003 | Dec 18, 2003 | Dec 22, 2003 | Dec 31, 2003 | $0.0220 | Semi-annual | Regular (inferred) | Market data vendor |
| Jul 16, 2003 | Jul 22, 2003 | Jul 24, 2003 | Jul 30, 2003 | $0.0030 | Annual | Regular (inferred) | Market data vendor |
| Nov 6, 2000 | Nov 16, 2000 | Nov 20, 2000 | Nov 29, 2000 | $1.3100 | Quarterly | Special (inferred) | Market data vendor |
| Jul 11, 2000 | Aug 30, 2000 | Sep 1, 2000 | Sep 15, 2000 | $0.4200 | Semi-annual | Special (inferred) | Market data vendor |
| Nov 9, 1999 | Nov 17, 1999 | Nov 19, 1999 | Nov 29, 1999 | $1.0700 | Annual | Regular (inferred) | Market data vendor |
| Nov 9, 1998 | Nov 12, 1998 | Nov 16, 1998 | Nov 27, 1998 | $3.6600 | Annual | Regular (inferred) | Market data vendor |
| Nov 5, 1997 | Nov 13, 1997 | Nov 17, 1997 | Jan 13, 1998 | $1.9800 | Semi-annual | Special (inferred) | Market data vendor |
| Jun 25, 1997 | Aug 29, 1997 | Sep 3, 1997 | Sep 16, 1997 | $0.3400 | Semi-annual | Special (inferred) | Market data vendor |
| Dec 13, 1996 | Dec 17, 1996 | Dec 19, 1996 | Jan 13, 1997 | $1.4000 | Annual | Special (inferred) | Market data vendor |
| — | Dec 22, 1995 | Dec 27, 1995 | Jan 16, 1996 | $0.4100 | Annual | Regular (inferred) | Market data vendor |
| — | Dec 22, 1994 | Dec 29, 1994 | Jan 13, 1995 | $0.1600 | Annual | Regular (inferred) | Market data vendor |
| — | Dec 21, 1993 | Dec 28, 1993 | Jan 14, 1994 | $0.0600 | Semi-annual | Regular (inferred) | Market data vendor |
| — | Aug 31, 1993 | Sep 7, 1993 | Sep 14, 1993 | $0.0300 | Semi-annual | Regular (inferred) | Market data vendor |
| — | Dec 21, 1992 | Dec 28, 1992 | Jan 18, 1993 | $0.1800 | Annual | Special (inferred) | Market data vendor |
| — | Aug 29, 1991 | Sep 5, 1991 | Sep 13, 1991 | $0.0700 | Annual | Regular (inferred) | Market data vendor |
| — | Nov 28, 1990 | Dec 4, 1990 | Jan 4, 1991 | $0.2600 | — | Regular (inferred) | Market data vendor |
“Inferred” types are assigned by our rule (off-cycle or year-end payments that deviate by more than 50% from neighbouring amounts); sponsor-confirmed classifications override them where available.
Annual totals
| Year | Regular | Special | Total | Payments |
|---|---|---|---|---|
| 2026 | $0.0000 | $0.1540 | $0.1540 | 1 |
| 2025 | $0.0185 | $0.1298 | $0.1483 | 2 |
| 2024 | $0.0721 | — | $0.0721 | 2 |
| 2023 | $0.0702 | — | $0.0702 | 2 |
| 2022 | $0.7680 | — | $0.7680 | 2 |
| 2021 | $0.9330 | $4.9190 | $5.8520 | 2 |
| 2020 | $0.5967 | — | $0.5967 | 2 |
| 2019 | $0.5006 | — | $0.5006 | 2 |
| 2018 | $0.7148 | $2.8520 | $3.5668 | 2 |
| 2017 | $0.7433 | — | $0.7433 | 1 |
| 2016 | $1.1831 | — | $1.1831 | 2 |
| 2015 | $1.2304 | — | $1.2304 | 2 |
Increases, reductions and specials
| Ex-date | Event | From | To | Change |
|---|---|---|---|---|
| May 26, 2026 | Special distribution | — | $0.1540 | — |
| Dec 30, 2025 | Special distribution | — | $0.1298 | — |
| May 27, 2025 | Reduction | $0.0482 | $0.0185 | -61.62% |
| Dec 30, 2024 | Increase | $0.0239 | $0.0482 | +101.67% |
| May 23, 2024 | Reduction | $0.0566 | $0.0239 | -57.77% |
| Dec 28, 2023 | Increase | $0.0136 | $0.0566 | +316.18% |
| May 12, 2023 | Reduction | $0.0430 | $0.0136 | -68.37% |
| Dec 29, 2022 | Reduction | $0.7250 | $0.0430 | -94.07% |
| May 13, 2022 | Reduction | $0.9330 | $0.7250 | -22.29% |
| Dec 29, 2021 | Special distribution | — | $4.9190 | — |
| May 14, 2021 | Increase | $0.2592 | $0.9330 | +259.95% |
| Dec 29, 2020 | Reduction | $0.3375 | $0.2592 | -23.20% |
| May 15, 2020 | Increase | $0.2036 | $0.3375 | +65.77% |
| Dec 27, 2019 | Reduction | $0.2970 | $0.2036 | -31.45% |
| May 17, 2019 | Reduction | $0.7148 | $0.2970 | -58.45% |
| Dec 28, 2018 | Special distribution | — | $2.8520 | — |
| May 18, 2018 | Reduction | $0.7433 | $0.7148 | -3.83% |
| Dec 28, 2017 | Reduction | $0.7958 | $0.7433 | -6.60% |
| Dec 28, 2016 | Increase | $0.3873 | $0.7958 | +105.47% |
| May 17, 2016 | Reduction | $0.8669 | $0.3873 | -55.32% |
| Dec 29, 2015 | Increase | $0.3635 | $0.8669 | +138.49% |
| May 14, 2015 | Reduction | $0.8030 | $0.3635 | -54.73% |
| Dec 29, 2014 | Special distribution | — | $3.5350 | — |
| May 15, 2014 | Increase | $0.6334 | $0.8030 | +26.78% |
| Dec 27, 2013 | Special distribution | — | $4.4810 | — |
| Dec 27, 2012 | Increase | $0.5454 | $0.6334 | +16.13% |
| Dec 28, 2011 | Increase | $0.0400 | $0.5454 | +1,263.50% |
| May 17, 2011 | Reduction | $0.0650 | $0.0400 | -38.46% |
| Dec 29, 2010 | Increase | $0.0535 | $0.0650 | +21.50% |
| Apr 28, 2010 | Increase | $0.0176 | $0.0535 | +203.98% |
| Dec 29, 2009 | Special distribution | — | $0.1601 | — |
| Apr 30, 2009 | Reduction | $0.1274 | $0.0176 | -86.19% |
| Dec 11, 2008 | Increase | $0.0594 | $0.1274 | +114.48% |
| May 2, 2008 | Reduction | $0.3400 | $0.0594 | -82.53% |
| Dec 19, 2007 | Special distribution | — | $0.2550 | — |
| May 1, 2007 | Increase | $0.0550 | $0.3400 | +518.18% |
| Dec 19, 2006 | Reduction | $0.1500 | $0.0550 | -63.33% |
| May 3, 2006 | Increase | $0.1400 | $0.1500 | +7.14% |
| Dec 20, 2005 | Special distribution | — | $0.4100 | — |
| May 17, 2005 | Increase | $0.0500 | $0.1400 | +180.00% |
Distribution composition
Not reported here yet. Section 19(a) notices and annual tax characterisations are published by the sponsor and are not carried by our current data feeds. Use the sponsor's distribution notices (see the Documents tab and sponsor website) for the estimated and final breakdown between income, capital gains and return of capital. A return-of-capital component is not automatically destructive; judge it against NAV history over time.
Accounting classification (what the fund earned) and tax classification (what the shareholder reports) differ. A 19(a) estimate is preliminary and is superseded by the year-end tax form.
CEF Explorer research page for New Germany Fund Inc. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.