신독일펀드(New Germany Fund, Inc.)
US ˙ NYSE ˙ US6444651060

SecurityGF / The New Germany Fund, Inc.
InstitutionKarpus Management, Inc.
ManagerGeorge Karpus
Latest Disclosed Ownership367,181 shares
Latest Disclosed Value $ 3,752,590
Karpus Management, Inc. reports 0.49% decrease in ownership of GF / The New Germany Fund, Inc.

On May 14, 2026 - Karpus Management, Inc. filed a 13F-HR form disclosing ownership of 367,181 shares of The New Germany Fund, Inc. (US:GF) valued at $3,752,590 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on February 17, 2026 disclosing 368,998 shares of The New Germany Fund, Inc.. This represents a change in shares of -0.49% during the quarter. The current value of the position is $4,435,546 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F NEW GERMANY FUND COM 644465106 367,181 -1,817 -0.49 3,753 -10.94 0.1171
2026-02-17 2025-12-31 13F/A-1 NEW GERMANY FUND COM 644465106 368,998 7,943 2.20 4,214 0.96 0.1294
2025-11-14 2025-09-30 13F NEW GERMANY FUND COM 644465106 361,055 -11,827 -3.17 4,174 -6.27 0.1322
2025-08-14 2025-06-30 13F NEW GERMANY FUND COM 644465106 372,882 -73,547 -16.47 4,452 1.67 0.1436
2025-05-14 2025-03-31 13F NEW GERMANY FUND COM 644465106 446,429 16,490 3.84 4,379 30.60 0.1419
2025-02-14 2024-12-31 13F NEW GERMANY FUND COM 644465106 429,939 22,555 5.54 3,354 -7.81 0.0992
2024-11-13 2024-09-30 13F NEW GERMANY FUND COM 644465106 407,384 -4,500 -1.09 3,638 8.57 0.1011
2024-08-13 2024-06-30 13F NEW GERMANY FUND COM 644465106 411,884 296,501 256.97 3,351 233.67 0.0943
2024-05-13 2024-03-31 13F NEW GERMANY FUND COM 644465106 115,383 92,501 404.25 1,005 404.52 0.0290
2024-02-13 2023-12-31 13F NEW GERMANY FUND COM 644465106 22,882 22,882 200 0.0061
2023-05-11 2023-03-31 13F NEW GERMANY FD INC COM COM 644465106 0 -63,962 -100.00 0 -100.00
2023-02-15 2022-12-31 13F NEW GERMANY FD INC COM COM 644465106 63,962 -201,652 -75.92 505 -72.74 0.0171
2022-11-14 2022-09-30 13F NEW GERMANY FD INC COM COM 644465106 265,614 -21,936 -7.63 1,849 -23.75 0.0648
2022-08-12 2022-06-30 13F NEW GERMANY FD INC COM COM 644465106 287,550 -27,658 -8.77 2,425 -32.69 0.0815
2022-05-10 2022-03-31 13F NEW GERMANY FD INC COM COM 644465106 315,208 -9,221 -2.84 3,603 -25.02 0.1095
2022-02-14 2021-12-31 13F NEW GERMANY FD INC COM COM 644465106 324,429 -7,489 -2.26 4,805 -26.70 0.1381
2022-02-11 2021-09-30 13F/A-1 NEW GERMANY FD INC COM COM 644465106 331,918 -24,477 -6.87 6,555 -9.06 0.1950
2021-11-12 2021-09-30 13F NEW GERMANY FD INC COM COM 644465106 331,918 -24,477 6,555 0.2072
2021-08-13 2021-06-30 13F NEW GERMANY FD INC COM COM 644465106 356,395 -128,185 -26.45 7,208 -24.76 0.2137
2021-05-17 2021-03-31 13F NEW GERMANY FD INC COM COM 644465106 484,580 -149,441 -23.57 9,580 -20.60 0.2895
2021-02-16 2020-12-31 13F NEW GERMANY FD INC COM COM 644465106 634,021 -28,253 -4.27 12,065 7.93 0.3791
2020-11-12 2020-09-30 13F NEW GERMANY FD INC COM COM 644465106 662,274 -42,178 -5.99 11,179 4.54 0.4042
2020-08-20 2020-06-30 13F/A-1 NEW GERMANY FD COM 644465106 704,452 -55,274 -7.28 10,694 21.25 0.4053
2020-08-14 2020-06-30 13F NEW GERMANY FD COM 644465106 704,452 -55,274 10,694 419,329.3005
2020-05-18 2020-03-31 13F NEW GERMANY FD INC COM COM 644465106 759,726 -84 -0.01 8,820 -25.97 0.3382
2020-05-15 2019-12-31 13F/A-1 NEW GERMANY FD INC COM COM 644465106 759,810 -13,010 -1.68 11,914 11.23 0.3982
2020-02-14 2019-12-31 13F NEW GERMANY FD INC COM COM 644465106 759,810 -13,010 11,914 398,195.0541
2019-10-16 2019-09-30 13F NEW GERMANY FD COM 644465106 772,820 21,466 2.86 10,711 0.24 0.4099
2019-08-14 2019-06-30 13F NEW GERMANY FD INC COM COM 644465106 751,354 3,902 0.52 10,685 -0.72 0.3884
2019-05-15 2019-03-31 13F NEW GERMANY FD COM 644465106 747,452 2,161 0.29 10,763 23.43 0.3923
2019-02-15 2018-12-31 13F/A-1 NEW GERMANY FD INC COM COM 644465106 745,291 -10,452 -1.38 8,720 -36.60 0.3605
2019-02-14 2018-12-31 13F NEW GERMANY FD COM 644465106 744,703 8,764
2018-11-14 2018-09-30 13F NEW GERMANY FD COM 644465106 755,743 14,739 1.99 13,755 2.67 0.5554
2018-08-14 2018-06-30 13F NEW GERMANY FD COM 644465106 741,004 16,441 2.27 13,397 -5.33 0.5861
2018-05-14 2018-03-31 13F NEW GERMANY FD COM 644465106 724,563 3,115 0.43 14,151 0.90 0.6351
2018-02-14 2017-12-31 13F NEW GERMANY FD INC COM COM 644465106 721,448 -17,514 -2.37 14,025 2.20 0.6475
2017-12-01 2017-09-30 13F/A-1 NEW GERMANY FD COM 644465106 738,962 21,662 3.02 13,723 15.04 0.6964
2017-11-14 2017-09-30 13F NEW GERMANY FD COM 644465106 738,962 21,662 13,723
2017-08-14 2017-06-30 13F NEW GERMANY FD COM 644465106 717,300 12,491 1.77 11,929 14.59 0.6032
2017-05-15 2017-03-31 13F NEW GERMANY FD COM 644465106 704,809 58,919 9.12 10,410 23.31 0.5380
2017-02-14 2016-12-31 13F NEW GERMANY FD INC COM COM 644465106 645,890 230,044 55.32 8,442 41.48 0.4851
2016-11-14 2016-09-30 13F NEW GERMANY FD COM 644465106 415,846 114,603 38.04 5,967 49.14 0.3153
2016-08-15 2016-06-30 13F NEW GERMANY FD INC COM COM 644465106 301,243 75,078 33.20 4,001 25.54 0.2052
2016-05-13 2016-03-31 13F NEW GERMANY FD COM 644465106 226,165 29,808 15.18 3,187 10.43 0.1449
2016-02-12 2015-12-31 13F NEW GERMANY FD INC COM COM 644465106 196,357 1,341 0.69 2,886 2.70 0.1296
2015-11-13 2015-09-30 13F NEW GERMANY FD INC COM COM 644465106 195,016 -21,536 -9.94 2,810 -13.96 0.1305
2015-08-14 2015-06-30 13F NEW GERMANY FD COM 644465106 216,552 -97,643 -31.08 3,266 -32.94 0.1532
2015-05-15 2015-03-31 13F NEW GERMANY FD INC COM COM 644465106 314,195 -158,899 -33.59 4,870 -26.66 0.2268
2015-02-13 2014-12-31 13F NEW GERMANY FD COM 644465106 473,094 -81,893 -14.76 6,640 -28.36 0.3146
2014-11-17 2014-09-30 13F NEW GERMANY FD COM 644465106 554,987 8,068 1.48 9,268 -9.24 0.4492
2014-08-14 2014-06-30 13F NEW GERMANY FD COM 644465106 546,919 -14,939 -2.66 10,211 -6.61 0.4906
2014-05-15 2014-03-31 13F NEW GERMANY FD INC COM COM 644465106 561,858 29,496 5.54 10,934 3.05 0.5676
2014-02-14 2013-12-31 13F NEW GERMANY FD COM 644465106 532,362 -181,094 -25.38 10,610 -27.77 0.5900
2013-11-14 2013-09-30 13F NEW GERMANY FD COM 644465106 713,456 -44,265 -5.84 14,690 10.15 0.9371
2013-08-14 2013-06-30 13F NEW GERMANY FUND COM 644465106 757,721 757,721 13,336 0.9315
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.