1607 Capital Partners Holds 1.91M Shares in European Equity Fund

TL;DR

**1607 Capital Partners still owns 1.9M shares of European Equity Fund, showing continued conviction.**

AI Summary

1607 Capital Partners, LLC filed an amended Schedule 13G/A on February 8, 2024, indicating their beneficial ownership of 1,913,209 shares of The European Equity Fund, Inc.'s Common Stock as of December 31, 2023. This represents a significant stake, giving 1607 Capital Partners, LLC sole voting and dispositive power over these shares. This matters to investors because it shows a major institutional investor maintains a substantial position in the fund, potentially signaling confidence or a long-term strategic interest in the European market exposure provided by the fund.

Why It Matters

This filing confirms a large institutional investor's continued significant stake, which can influence the fund's governance and market perception. Their sustained ownership might be seen as a vote of confidence in the fund's strategy or the European market.

Risk Assessment

Risk Level: low — This filing is an amendment showing a stable, significant institutional holding, which generally reduces volatility risk for other investors.

Analyst Insight

Investors should note the continued significant institutional ownership by 1607 Capital Partners, LLC, which could imply stability or a long-term view on the fund. While not a direct buy signal, it's a data point for assessing institutional confidence.

Key Numbers

• 1,913,209 — Shares Beneficially Owned (Represents the total number of shares of The European Equity Fund, Inc. held by 1607 Capital Partners, LLC with sole voting and dispositive power.)
• 298768102 — CUSIP Number (Unique identifier for The European Equity Fund, Inc.'s Common Stock.)
• December 31, 2023 — Event Date (The specific date on which the ownership stake was measured for this filing.)

Key Players & Entities

• 1607 Capital Partners, LLC (company) — the reporting person beneficially owning shares
• The European Equity Fund, Inc. (company) — the issuer whose shares are being reported
• Delaware (company) — place of organization for 1607 Capital Partners, LLC
• 1,913,209 (dollar_amount) — number of shares beneficially owned with sole voting and dispositive power
• December 31, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• 1607 Capital Partners, LLC will maintain a significant stake in The European Equity Fund, Inc. for the foreseeable future. (1607 Capital Partners, LLC) — medium confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• eea-123123a16.htm (SC 13G/A) — 51KB
• 0001172661-24-000556.txt ( ) — 53KB

(a)Name of Issuer

Item 1. (a)Name of Issuer The European Equity Fund, Inc. (b)Address of Issuer’s Principal Executive Offices 875 Third Avenue New York, NY 10022

(a)Name of Person Filing

Item 2. (a)Name of Person Filing 1607 Capital Partners, LLC (b)Address of Principal Business Office, or, if none, Residence 13 S. 13th Street, Suite 400 Richmond, Virginia 23219 (c)Citizenship Please refer to Item 4 on each cover sheet for each filing person (d)Title of Class of Securities Common Stock, par value $0.001 per share (e) CUSIP No.: 298768102 CUSIP No. 298768102 SCHEDULE 13G/A Page 4 of 6 Pages

If

Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: CUSIP No. 298768102 SCHEDULE 13G /A Page 5 of 6 Pages Item 4.Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 1,913,209 (b) Percent of class: 28.0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 1,913,209 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 1,913,209 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5.Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof th

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