The European Equity Fund, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
March 08, 2019 at 01:35 am IST
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The European Equity Fund, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was USD 1.713 million. Net loss was USD 14.835 million.
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.
THE EUROPEAN EQUITY FUND, INC. 
