BOSTON, MA--(Marketwired - Dec 10, 2013) - The Board of Directors of The New Ireland Fund, Inc. (NYSE: IRL) (the "Fund") has declared an annual distribution in the amount of $0.07 per share, which is wholly attributable to income. The distribution will be paid by way of cash dividend on December 30, 2013 to stockholders of record on December 20, 2013.
Investment Objective; The New Ireland Fund, Inc., (NYSE: IRL) a closed-end diversified investment company, seeks long-term capital appreciation through investment of at least 80% of its assets in a portfolio of Irish securities.
IRL is the only U.S. listed closed-end fund that invests primarily in equity and fixed income securities of Irish companies. The Fund is managed by Kleinwort Benson Investors International Ltd., a subsidiary of Kleinwort Benson Investors Dublin Ltd. Up-to-date information, as well as monthly portfolio updates, are available on the Fund's website - www.newirelandfund.com