NPORT-EX 1 centraleasterneurope.htm SX COMPLIANT SOIS

The Central and Eastern Europe Fund, Inc.

Schedule of Investments as of July 31, 2019 (Unaudited)

		Shares	Value ($)
Russia  67.3%
Common Stocks 65.8%
Banks 13.5%
Sberbank of Russia PJSC		2,400,000	8,834,906
Sberbank of Russia PJSC (ADR)		1,259,191	18,824,906
VTB Bank PJSC (GDR) (Registered)		512,869	683,654
			28,343,466
Chemicals 0.0%
Phosagro PJSC (GDR) (Registered)		6,319	78,798
Food & Staples Retailing 3.6%
Magnit PJSC (GDR) (Registered)		519,550	7,533,475
Interactive Media & Services 1.5%
Mail.ru Group Ltd. (GDR) (Registered)*		77,692	1,982,700
Yandex NV "A"*		30,000	1,176,300
			3,159,000
Metals & Mining 8.3%
Alrosa PJSC		1,670,000	2,145,836
Magnitogorsk Iron & Steel Works PJSC (GDR) (Registered)		100,000	874,000
MMC Norilsk Nickel PJSC (ADR)†		310,000	7,167,200
Novolipetsk Steel PJSC (GDR)		75,000	1,771,500
Polyus PJSC (GDR) (Registered)		51,859	2,644,809
Severstal PJSC (GDR) (Registered)		170,000	2,735,300
			17,338,645
Oil, Gas & Consumable Fuels 35.1%
Gazprom PJSC (ADR)		3,748,242	27,692,866
Lukoil PJSC (ADR)		322,500	26,551,425
Novatek PJSC (GDR) (Registered)		47,440	9,952,912
Rosneft Oil Co PJSC (GDR) (Registered)		362,997	2,405,218
Tatneft PAO (ADR)		97,548	6,815,300
			73,417,721
Professional Services 0.3%
HeadHunter Group PLC (ADR)		29,818	550,739
Specialty Retail 0.7%
Detsky Mir PJSC		1,000,000	1,413,898
Wireless Telecommunication Services 2.8%
Mobile Telesystems PJSC (ADR)		700,000	5,785,500
Total Common Stocks (Cost $84,351,545)			137,621,242
Preferred Stocks 1.5%
Oil, Gas & Consumable Fuels 1.5%
Surgutneftegas PJSC		6,600,000	3,240,296
Total Preferred Stocks (Cost $3,903,980)	3,240,296
Total Russia (Cost $88,255,525)			140,861,538
Poland  14.3%
Common Stocks
Banks 3.3%
Alior Bank SA*		37,985	462,996
Bank Pekao SA		95,371	2,555,598
Powszechna Kasa Oszczednosci Bank Polski SA		376,090	3,993,037
			7,011,631
Consumer Finance 0.9%
KRUK SA		38,323	1,845,764
Diversified Telecommunication Services 0.5%
Orange Polska SA*		650,000	1,141,477
Electric Utilities 0.3%
PGE Polska Grupa Energetyczna SA*		267,719	618,006
Insurance 3.0%
Powszechny Zaklad Ubezpieczen SA		581,735	6,318,476
		Shares	Value ($)
Media 0.7%
Cyfrowy Polsat SA		185,000	1,443,705
Metals & Mining 0.5%
KGHM Polska Miedz SA*		38,518	944,588
Oil, Gas & Consumable Fuels 3.8%
Polski Koncern Naftowy ORLEN SA		250,015	6,323,443
Polskie Gornictwo Naftowe i Gazownictwo SA		1,100,000	1,608,822
			7,932,265
Software 0.3%
Asseco Poland SA		40,000	569,959
Textiles, Apparel & Luxury Goods 1.0%
CCC SA		55,000	2,143,191
Total Poland (Cost $30,601,811)			29,969,062
Hungary  7.5%
Common Stocks
Banks 2.1%
OTP Bank PLC		101,478	4,264,073
Diversified Telecommunication Services 0.6%
Magyar Telekom Telecommunications PLC (ADR)		909,194	1,327,823
Oil, Gas & Consumable Fuels 3.1%
MOL Hungarian Oil & Gas PLC		638,336	6,542,115
Pharmaceuticals 1.7%
Richter Gedeon Nyrt		200,000	3,542,635
Total Hungary (Cost $14,133,619)			15,676,646
Czech Republic  3.0%
Common Stocks
Banks 2.4%
Komercni banka AS		65,000	2,522,657
Moneta Money Bank AS 144A		701,988	2,426,107
			4,948,764
Electric Utilities 0.6%
CEZ AS		55,000	1,242,574
Total Czech Republic (Cost $6,799,069)			6,191,338
Austria  1.2%
Common Stocks
Oil, Gas & Consumable Fuels 1.2%
OMV AG (Cost $2,584,802)		52,000	2,623,304
Moldova  1.1%
Common Stocks
Beverages 1.1%
Purcari Wineries PLC (Cost $1,944,836)		425,000	2,338,679
Netherlands  0.2%
Common Stocks
Hotels, Restaurants & Leisure 0.2%
DP Eurasia NV 144A* (Cost $906,928) (a)		346,853	356,737
Kazakhstan  0.1%
Common Stocks
Metals & Mining 0.1%
Altyn PLC* (Cost $1,824,442)		50,000,000	275,490
Securities Lending Collateral 1.0%
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 2.29% (Cost $2,078,383) (b) (c)		2,078,383	2,078,383
Cash Equivalents 3.5%
DWS Central Cash Management Government Fund, 2.39% (Cost $7,250,300) (c)		7,250,300	7,250,300
		% of Net
		Assets	Value ($)
Total Investment Portfolio (Cost $156,379,715)		99.2	207,621,477
Other Assets and Liabilities, Net		0.8	1,685,171
Net Assets		100.0	209,306,648

For information on the Fund’s policies regarding the valuation of investments and other significant accounting
policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

A summary of the Fund’s transactions with affiliated investments during the period ended July 31, 2019 are as follows:
Value ($) at 10/31/2018	Purchases Cost ($)	Sales Proceeds ($)	Net Realized Gain/ (Loss) ($)	Net Change in Unrealized Appreciation/ (Depreciation) ($)	Income ($)	Capital Gain Distributions ($)	Number of Shares at 7/31/2019	Value ($) at 7/31/2019
Securities Lending Collateral 1.0%
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 2.29% (b) (c)
1,032,744	1,045,639(d)	–	–	–	4,226	–	2,078,383	2,078,383
Cash Equivalents 3.5%
DWS Central Cash Management Government Fund, 2.39% (c)
25,557,784	39,553,447	57,860,931	–	–	224,230	–	7,250,300	7,250,300
26,590,528	40,599,086	57,860,931	–	–	228,456	–	9,328,683	9,328,683

*			Non-income producing security.
†			All or a portion of these securities were on loan. The value of all securities loaned at July 31, 2019 amounted to $2,062,327, which is 1.0% of net assets.
(a)			DP Eurasia serves customers in Turkey, Russia, Azerbaijan and Georgia.
(b)			Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates.
(c)			Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at period end.
(d)			Represents the net increase (purchases cost) or decrease (sales proceeds) in the amount invested in cash collateral for the period ended July 31, 2019.
144A	:		Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

ADR	:	American Depositary Receipt
GDR	:	Global Depositary Receipt
PJSC	:	Public Joint Stock Company

For purposes of its industry concentration policy, the Fund classifies issuers of portfolio securities at the industry sub-group level. Certain of the categories in the above Schedule of Investments consist of multiple industry sub-groups or industries. Fair Value Measurements
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk associated with investing in those securities.
The following is a summary of the inputs used as of July 31, 2019 in valuing the Fund’s investments.
Assets	Level 1		Level 2		Level 3		Total
Common Stocks and/or Other Equity Investments (e)
Russia	$	140,861,538	$	—	$	—	$	140,861,538
Poland		29,969,062		—		—		29,969,062
Hungary		15,676,646		—		—		15,676,646
Czech Republic		6,191,338		—		—		6,191,338
Austria		2,623,304		—		—		2,623,304
Moldova		2,338,679		—		—		2,338,679
Netherlands		356,737		—		—		356,737
Kazakhstan		275,490		—		—		275,490
Short-Term Instruments (e)		9,328,683		—		—		9,328,683
Total	$	207,621,477	$	—	$	—	$	207,621,477
(e) See Schedule of Investments for additional detailed categorizations.