NEW GERMANY FD INC

CUSIP: 644465106 Class: COM

Gramercy Funds Management LLC's Holding History (CIK: 0001548836)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016
Shares 19,269 Value ($000) $256 Avg Close — Range —
Q1 2016
Shares 19,269 Value ($000) $272 Avg Close — Range —
Q4 2015
Shares 19,269 Value ($000) $283 Avg Close — Range —
Q3 2015
Shares 19,269 Value ($000) $278 Avg Close — Range —
Q4 2014
Shares 10,306 Value ($000) $145 Avg Close — Range —
Q3 2014
Shares 68,211 Value ($000) $1,139 Avg Close — Range —
Q2 2014
Shares 110,090 Value ($000) $2,055 Avg Close — Range —
Q1 2014
Shares 110,090 Value ($000) $2,142 Avg Close — Range —
Q4 2013
Shares 65,857 Value ($000) $1,313 Avg Close — Range —
Q3 2013
Shares 191,732 Value ($000) $3,948 Avg Close — Range —
Q2 2013
Shares 420,186 Value ($000) $7,395 Avg Close — Range —