The European Equity Fund, Inc. Reports Earnings Results for the Half Year Ended June 30, 2019
August 21, 2019 at 11:21 pm IST
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The European Equity Fund, Inc. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced total revenue was USD 1.515 million. Net income was USD 11.057 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. 
