The Central and Eastern Europe Fund:CEE

    Manage Alerts

    Overview

    As of 12/7/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$27.27$31.56-13.59%
    52 Wk Avg$26.71$31.13-14.19%
    52 Wk High$31.46$36.26-10.70%
    52 Wk Low$23.25$27.64-16.55%
    Regular Distribution TypeIncome Only
    Distribution Rate3.37%
    Distribution Amount$0.9188
    Distribution FrequencyAnnually
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund invests principally in Central and Eastern Europe. The geographic distribution of the Fund's assets is fairly flexible; non-core investments in the remainder of Europe are also permitted. The limit for investment in Poland is up to 65% and in Hungary 50%.

    Capital Structure

    As of 12/7/2021

    Total Investment Exposure:$203.915M
    Total Common Assets:$203.915M
    Common Shares Outstanding:6,461,200
    Annual Expense Ratios

    As of 10/31/2021

      Per Common Share
    Management Fees0.69%
    Other Expenses:0.55%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.24%
    Fund Management

    Fund Sponsor
    Deutsche Investment Management Inc

    Portfolio Managers
    Sylwia Szczepek

    Basics
    Category: Equity-Emerging Market Equity
    Ticker: CEE
    NAV Ticker: XCEEX
    Average Daily Volume (shares): 7,458
    Average Daily Volume (USD): $0.197M
    Inception Date: 3/6/1990
    Inception Share Price: $19.00
    Inception NAV: $16.74
    Tender Offer: Yes
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 12/7/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2021
    -$0.0440
    Annualized Distribution Rate on NAV:
    As of 12/7/2021
    2.91%
    Total Return on NAV (12 months):
    As of 12/7/2021
    21.46%
    Total % Portfolio Effectively Leveraged:
    As of 12/7/2021
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/8/2021

    PeriodAvg Discount
    6 Month-14.01%
    1 Year-14.19%
    3 Year-14.18%
    5 Year-13.45%
    Z-Score

    As of 12/7/2021

    PeriodZStat
    3 Month0.57
    6 Month0.35
    1 Year0.49
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2021
    Category: Morningstar US CEF Emerging Market Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD10.55%12.47%-1.07%-1.34%
    2020-11.70%-10.29%2.35%5.14%
    201935.50%30.73%22.09%17.32%
    2018-5.75%-2.98%-7.13%-9.79%
    201721.34%18.30%30.90%25.77%
    201625.65%26.22%9.58%10.08%
    2015-13.50%-12.06%-19.15%-17.72%
    2014-32.08%-32.25%-12.67%-10.86%
    2013-2.52%-2.38%-2.93%-4.67%
    201222.66%22.91%28.26%25.79%
    2011-25.79%-25.46%-21.20%-18.67%
    201027.63%19.75%29.78%25.36%
    2009104.79%96.26%78.32%74.42%
    2008-71.55%-67.25%  
    200728.04%26.47%  
    200640.36%45.73%  
    200564.84%53.90%  
    200425.22%35.50%  
    200359.91%49.18%  
    200225.11%21.10%  
    2001-8.66%-19.57%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2021
    Category: Morningstar US CEF Emerging Market Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 7/31/2021
    45
    Annual Portfolio Turnover:
    As of 10/31/2021
    43.00%
    Asset Allocation

    As of 7/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Cyclical (Super Sector)44.61%
    Sensitive (Super Sector)42.01%
    Energy32.12%
    Financial Services25.20%
    Basic Materials16.14%
    Defensive (Super Sector)11.07%
    Communication Services9.89%
    Consumer Defensive8.35%
    Cash Equivalents (Super Sector)4.96%
    Cash Equivalents4.96%
    Top Holdings

    As of 7/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Gazprom PJSC ADR$22.43M11.08%
    PJSC Lukoil ADR$20.55M10.15%
    Sberbank of Russia PJSC ADR$17.05M8.42%
    Sberbank of Russia PJSC$10.05M4.97%
    Yandex NV Shs Class-A-$9.05M4.47%
    Polymetal International PLC$7.17M3.54%
    Mining and Metallurgical Company NORILSK NICKEL PJSC ADR$7.08M3.50%
    Tatneft PJSC ADR$6.40M3.16%
    NOVATEK PJSC GDR$6.33M3.13%
    Other Liability$-7.84M-3.87%
    Country Allocation

    As of 7/31/2021 reported by Fund Sponsor

    Country% Portfolio
    Russia - Equity67.81%
    Poland - Equity10.46%
    Hungary - Equity7.78%
    Others - Equity4.20%
    Turkey - Equity3.18%
    Netherlands - Equity2.80%
    Czech Republic - Equity1.92%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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