1607 Capital discloses 5.0% New Germany Fund (GF) ownership in latest filing
Rhea-AI Filing Summary
1607 Capital Partners, LLC filed Amendment No. 21 reporting its ownership position in New Germany Fund, Inc. common stock. As of June 30, 2026, 1607 Capital beneficially owned 811,397 shares of common stock, representing 5.0% of the outstanding class. The firm reported sole power to vote and dispose of all 811,397 shares, with no shared voting or dispositive power. The reporting person is organized in Delaware and the amendment was signed by Kevin Rutherford, Chief Compliance Officer, on August 14, 2026.
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Key Figures
Shares beneficially owned: 811,397 shares
Percent of class: 5.0%
Sole voting power: 811,397 shares
+1 more
4 metrics
Shares beneficially owned
811,397 shares
New Germany Fund, Inc. common stock beneficially owned by 1607 Capital as of June 30, 2026
Percent of class
5.0%
Portion of New Germany Fund, Inc. common stock class beneficially owned by 1607 Capital
Sole voting power
811,397 shares
Shares over which 1607 Capital has sole power to vote or direct the vote
Sole dispositive power
811,397 shares
Shares over which 1607 Capital has sole power to dispose or direct disposition
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class
4 terms
beneficially owned financial
"Amount beneficially owned: 811,397"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole power to vote or to direct the vote: 811,397"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 811,397"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of class financial
"Percent of class: 5.0%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What ownership stake in New Germany Fund (GF) does 1607 Capital report?
1607 Capital Partners, LLC reports beneficial ownership of 811,397 New Germany Fund (GF) common shares, representing 5.0% of the outstanding class as of June 30, 2026.
What dispositive power does 1607 Capital report over its GF holdings?
1607 Capital reports sole dispositive power over 811,397 New Germany Fund (GF) shares and no shared dispositive power, meaning it alone directs how those shares may be sold or otherwise disposed.
As of what date is 1607 Capital’s 5.0% GF ownership measured?
The reported 5.0% beneficial ownership of New Germany Fund (GF) by 1607 Capital is measured as of June 30, 2026, according to the ownership section of the filing.
Who signed the New Germany Fund (GF) ownership report for 1607 Capital?
The report on New Germany Fund (GF) ownership was signed by Kevin Rutherford, Chief Compliance Officer of 1607 Capital Partners, LLC, on August 14, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.