 The New Ireland Fund, Inc. IRL the Fund, a closed-end fund, today announced that its Board of Directors the Board determined that it is in the best interest of the Fund and its stockholders to suspend the Funds managed distribution policy the Policy. During the regular review of the Policy by the Board, among other things, the Board considered the Policys potential to increase liquidity for common stockholders, and the potential such distributions would have, if any, on narrowing the discount to net asset value NAV at which the Funds shares trade. Shares of closed-end funds may trade above a premium or below a discount the net asset value NAV of the funds portfolio. 