The New Germany Fund, Inc.
| Schedule of Investments | as of September 30, 2019 (Unaudited) |
For information on the Fund’s policies regarding the valuation of investments and other significant accounting policies,
please refer to the Fund’s most recent semi-annual or annual financial statements.
| A summary of the Fund’s transactions with affiliated investments during the period ended September 30, 2019 are as follows: | ||||||||
| Value ($) at 12/31/2018 | Purchases Cost ($) |
Sales Proceeds ($) |
Net Realized Gain/ (Loss) ($) |
Net Change in Unrealized Appreciation/ (Depreciation) ($) |
Income ($) |
Capital Gain Distributions ($) |
Number of Shares at 9/30/2019 |
Value ($) at 9/30/2019 |
| Securities Lending Collateral 4.8% | ||||||||
| DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 1.84% (a) (b) | ||||||||
| 13,387,408 | – | 4,147,850(c) | – | – | 224,901 | – | 9,239,558 | 9,239,558 |
| Cash Equivalents 1.1% | ||||||||
| DWS Central Cash Management Government Fund, 1.96% (b) | ||||||||
| 15,444,192 | 37,142,501 | 49,811,353 | – | – | 64,313 | – | 2,775,340 | 2,775,340 |
| 28,831,600 | 37,142,501 | 53,959,203 | – | – | 289,214 | – | 12,014,898 | 12,014,898 |
| * | Non-income producing security. | ||
| † | All or a portion of these securities were on loan. The value of all securities loaned at September 30, 2019 amounted to $8,675,338, which is 3.4% of net assets. | ||
| (a) | Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates. | ||
| (b) | Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at period end. | ||
| (c) | Represents the net increase (purchases cost) or decrease (sales proceeds) in the amount invested in cash collateral for the period ended September 30, 2019. |
| 144A: |
Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.
| |
|
For purposes of its industry concentration policy, the Fund classifies issuers of portfolio securities at the industry sub-group level. Certain of the categories in the above Schedule of Investments consist of multiple industry sub-groups or industries. | ||
Securities are listed in the country of domicile. For purposes of the Fund's investment objective policy to invest in German companies, non-Germany domiciled securities may qualify as German companies as defined in the Fund's Statement of Investment Objectives, Policies and Investment Restrictions.