DWS closed-end funds extend share buyback programs through July 2026

Three DWS closed-end funds announced their boards approved extending share repurchase authorizations for an additional 12-month period. The Central and Eastern Europe Fund (NYSE: CEE), The European Equity Fund (NYSE: EEA), and The New Germany Fund (NYSE: GF) may continue purchasing outstanding shares in open-market transactions from August 1, 2025 through July 31, 2026.

The funds will repurchase shares when they trade at a discount to net asset value and such purchases are deemed in the funds' best interests. DWS Investment Management Americas, Inc., the funds' administrator, will determine the amount and timing of repurchases based on market conditions and investment considerations.

The current repurchase programs commenced August 1, 2024 and continue through July 31, 2025. Each fund's board retains discretion to initiate a tender offer during the extended period and intends to consider this matter regularly.

The Central and Eastern Europe Fund separately announced that its investment advisor, DWS International GmbH, agreed to continue waiving 50% of its advisory fee until at least December 31, 2025. The previous partial fee waiver was set to continue until at least September 30, 2025.

The information was disclosed in a company press release statement.

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