The European Equity Fund, Inc. Announces Results of Annual Meetings of Stockholders
24 Junho 2021 - 7:30PM
Business Wire
The European Equity Fund, Inc. (NYSE: EEA) (the “Fund”)
announced today the results of its Annual Meeting of Stockholders
held on June 24, 2021.
Each of the three Class I Directors nominated by the Board of
Directors, Mr. Walter C. Dostmann, Mr. Christian M. Zügel and Ms.
Hepsen Uzcan, was elected to serve for a term of three years and
until his or her respective successor is elected and qualifies.
Stockholders also ratified the appointment of Ernst & Young LLP
as the independent auditors for the Fund for its 2021 fiscal year.
Stockholders did not approve the proposal requesting the Fund to
take the steps necessary to declassify the Board of Directors.
A copy of the portfolio manager’s presentation from the meeting
is posted to the Fund’s website at www.dws.com.
For more information on the Fund, including its most recent
month-end performance, visit dws.com or call (800) 349-4281.
Important Information
Investing in foreign securities, particularly those of
emerging markets, presents certain risks, such as currency
fluctuations, political and economic changes, and market risks. Any
fund that concentrates in a particular segment of the market or a
particular geographical region will generally be more volatile than
a fund that invests more broadly.
Closed-end funds, unlike open-end funds, are not continuously
offered. There is a one time public offering and once issued,
shares of closed-end funds are sold in the open market through a
stock exchange. Shares of closed-end funds frequently trade at a
discount to net asset value. The price of a fund’s shares is
determined by a number of factors, several of which are beyond the
control of the fund. Therefore, the fund cannot predict whether its
shares will trade at, below, or above net asset value.
Investments in funds involve risk. Additional risks of the
Fund are associated with international investing, such as currency
fluctuations, political and economic changes, market risks,
government regulations and differences in liquidity, which may
increase the volatility of your investment. Foreign security
markets generally exhibit greater price volatility and are less
liquid than the US market. Additionally, the Fund focuses its
investments in certain geographical regions, thereby increasing its
vulnerability to developments in that region and potentially
subjecting the Fund’s shares to greater price volatility. Some
funds have more risk than others. These include funds, such as the
Fund, that allow exposure to or otherwise concentrate investments
in certain sectors, geographic regions, security types, market
capitalization, or foreign securities (e.g., political or economic
instability, which can be accentuated in emerging market
countries).
The European Union, the United States and other countries
have imposed sanctions on Russia in response to Russian military
and other actions in recent years. These sanctions have adversely
affected Russian individuals, issuers and the Russian economy.
Russia, in turn, has imposed sanctions targeting Western
individuals, businesses and products. The various sanctions have
adversely affected, and may continue to adversely affect, not only
the Russian economy, but also the economies of many countries in
Europe. The continuation of current sanctions or the imposition of
additional sanctions may materially adversely affect the value of
the Fund’s portfolio.
Past performance is no guarantee of future results.
War, terrorism, economic uncertainty, trade disputes, public
health crises (including the recent pandemic spread of the novel
coronavirus) and related geopolitical events could lead to
increased market volatility, disruption to US and world economies
and markets and may have significant adverse effects on the fund
and their investments.
This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer or
solicitation or sale would be unlawful prior to registration or
qualification under the laws of such state or jurisdiction.
NOT FDIC/ NCUA INSURED MAY LOSE VALUE NO
BANK GUARANTEE NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT
AGENCY
The brand DWS represents DWS Group GmbH & Co. KGaA and any
of its subsidiaries such as DWS Distributors, Inc. which offers
investment products or DWS Investment Management Americas, Inc. and
RREEF America L.L.C. which offer advisory services. (R-084044 )
(06/21)
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version on businesswire.com: https://www.businesswire.com/news/home/20210624006028/en/
For additional information:
DWS Press Office (212) 454-4500 Shareholder Account
Information (800) 294-4366 DWS Closed-End Funds (800)
349-4281
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