The European Equity Fund, Inc. Declares Distribution, Payable on June 26, 2018
May 10, 2018 at 02:30 am IST
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The European Equity Fund, Inc. announced that its board of directors declared the distribution of $0.0302 per share, payable on June 26, 2018. Ex-Date is May 18, 2018 and record date is May 21, 2018.
The European Equity Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment primarily in equity and equity-linked securities of issuers domiciled in Europe. This Fund is diversified and primarily focuses its investments on equity securities of issuers domiciled in Europe, thereby increasing its vulnerability to developments in that region. It invests in various sectors, such as banks, beverages, building products, construction and engineering, insurance, media, information technology (IT) services, oil, gas and consumable fuels, pharmaceuticals, professional services, textiles, apparel and luxury goods, air freight and logistics, chemicals, diversified telecommunication services, semiconductors and semiconductor equipment, software, commercial services and supplies and others. DWS International GmbH is the investment adviser of the Fund.