Aberdeen Intermediate Income Fund (NYSE: MIN) holder 1607 Capital reports 3.91% stake
Rhea-AI Filing Summary
1607 Capital Partners, LLC reported its ownership position in Aberdeen Intermediate Income Fund, a closed-end mutual fund. The firm beneficially owns 4,448,916 shares, representing 3.91% of the fund’s outstanding shares. It has sole voting and sole dispositive power over all reported shares, with no shared voting or dispositive power. The filing is marked as ownership of 5 percent or less of the class, indicating the position is below the 5% reporting threshold commonly used for significant shareholders.
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Key Figures
Shares beneficially owned: 4,448,916 shares
Percent of class owned: 3.91%
Sole voting power: 4,448,916 shares
+2 more
5 metrics
Shares beneficially owned
4,448,916 shares
Shares of Aberdeen Intermediate Income Fund reported by 1607 Capital Partners, LLC
Percent of class owned
3.91%
Portion of Aberdeen Intermediate Income Fund’s outstanding shares held by 1607 Capital Partners, LLC
Sole voting power
4,448,916 shares
Shares over which 1607 Capital Partners, LLC has sole power to vote
Shared voting power
0 shares
Shares over which 1607 Capital Partners, LLC has shared power to vote
Sole dispositive power
4,448,916 shares
Shares over which 1607 Capital Partners, LLC has sole power to dispose
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 4,448,916"
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 Voting Power 4,448,916.00"
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 Dispositive Power 4,448,916.00"
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: 3.91%"
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.
closed end mutual fund financial
"Title of class of securities: Closed End Mutual Fund"
FAQ
What ownership stake in MIN does 1607 Capital Partners report?
1607 Capital Partners reports beneficial ownership of 4,448,916 MIN shares, equal to 3.91% of the Aberdeen Intermediate Income Fund’s outstanding shares, with sole voting and dispositive power over the entire reported position.
Does 1607 Capital Partners own more than 5% of MIN?
No. 1607 Capital Partners reports owning 3.91% of MIN, and the filing is designated as ownership of 5 percent or less of the class, indicating it is below the traditional 5% significant-holder threshold.
What type of fund is Aberdeen Intermediate Income Fund (MIN)?
Aberdeen Intermediate Income Fund (MIN) is described as a closed-end mutual fund. The Schedule 13G/A identifies this as the title of the class of securities in which 1607 Capital Partners holds its reported stake.
Who signed the MIN Schedule 13G/A on behalf of 1607 Capital Partners?
The filing for MIN was signed by Kevin Rutherford, identified as Chief Compliance Officer of 1607 Capital Partners, LLC, certifying the accuracy of the reported ownership information.
AI-generated analysis. How Rhea-AI works. Not financial advice.