# The Central and Eastern Europe Fund, Inc. (CEE): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cee for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 1990-02-28 The Central and Eastern Europe Fund, Inc. (CEE) operates as a closed-end equity mutual fund, originally established by Deutsche Investment Management Americas Inc. and currently overseen by Deutsche Asset Management International GmbH. Its primary investment objective is to allocate capital to publicly traded companies across a range of diversified sectors within the public equity markets of Central and Eastern Europe. To gauge its performance, the fund utilizes the CECE, RTX, and ISE National 30 indices as benchmarks. This fund, which was previously known as The Central Europe And Russia F... ## Key Facts | Metric | Value | |---|---| | Price | $18.89 | | Expense Ratio | 1.26% | | Market Value | $122.0M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 2.05% | | Annual Distribution (TTM) | $0.39 /share | | Distribution Frequency | Annual | | 52-Week Range | $14.82 – $21.98 | | Beta | 1.16 | ## Latest Distribution - Amount: $0.3871 /share - Ex-date: 2025-12-30 - Pay date: 2026-01-30 ## Frequently Asked Questions ### What does CEE invest in? The Central and Eastern Europe Fund, Inc. (CEE) operates as a closed-end equity mutual fund, originally established by Deutsche Investment Management Americas Inc. and currently overseen by Deutsche Asset Management International GmbH. Its primary investment objective is to allocate capital to publicly traded companies across a range of diversified sectors within the public equity markets of Central and Eastern Europe. To gauge its performance, the fund utilizes the CECE, RTX, and ISE National 30 indices as benchmarks. This fund, which was previously known as The Central Europe And Russia Fund, Inc., was officially formed in the United States on March 6, 1990. ### What is the expense ratio of CEE? The Central and Eastern Europe Fund, Inc. (CEE) charges an expense ratio of 1.26%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CEE? The Central and Eastern Europe Fund, Inc. (CEE) has a market value of $122.0M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is CEE actively managed or an index fund? CEE is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CEE's is 1.26%) in exchange for the discretion to over- or under-weight positions. ### When was CEE launched? The Central and Eastern Europe Fund, Inc. (CEE) launched in February 1990 and is managed by the fund issuer. ### How has CEE performed? CEE's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does CEE pay a dividend? The Central and Eastern Europe Fund, Inc. (CEE) currently distributes little or no income. Trailing-twelve-month yield is 2.05%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CEE pay dividends? The Central and Eastern Europe Fund, Inc. pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CEE's dividend yield? CEE's trailing-twelve-month yield is 2.05%, calculated from the sum of dividends over the past year divided by the current price. ### When is CEE's next ex-dividend date? The most recently announced ex-dividend date for CEE was 2025-12-30. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will CEE's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.26% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CEE charge its expense ratio? The expense ratio is deducted in tiny daily slices from CEE's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CEE cost more than a fund like VOO? CEE is actively managed (current expense ratio 1.26%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether CEE's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to CEE? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as CEE (1.26%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/cee - Distribution history: https://www.dividenddata.com/funds/cee/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cee/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cee/expenses - Peer comparison: https://www.dividenddata.com/funds/cee/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.