1607 Capital reports 5.87% stake in Western Asset fund

Rhea-AI Filing Summary

1607 Capital Partners, LLC has filed an amended Schedule 13G reporting a significant ownership position in Western Asset Investment Grade Income Fund Inc. The firm reports beneficial ownership of 558,367 common shares, representing 5.87% of the outstanding class.

1607 Capital states it has sole voting and sole dispositive power over all 558,367 shares, with no shared voting or dispositive power reported.

Key Figures

Shares beneficially owned: 558,367 shares Percent of class: 5.87% Sole voting power: 558,367 shares +3 more

6 metrics

Shares beneficially owned 558,367 shares Common shares beneficially owned by 1607 Capital Partners, LLC

Percent of class 5.87% Percentage of PAI common stock class beneficially owned

Sole voting power 558,367 shares Shares over which 1607 Capital has sole power to vote

Shared voting power 0 shares Shares over which 1607 Capital has shared power to vote

Sole dispositive power 558,367 shares Shares over which 1607 Capital has sole dispositive power

Shared dispositive power 0 shares Shares over which 1607 Capital has shared dispositive power

Key Terms

beneficially owned, sole voting power, dispositive power, Schedule 13G

4 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 558,367"

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

"Number of shares as to which the person has | (i) Sole power to vote"

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.

dispositive power financial

"Sole Dispositive Power 558,367.00 8 | Shared Dispositive Power 0.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13G regulatory

"form_type": "SCHEDULE 13G/A""

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake in PAI does 1607 Capital Partners report in this Schedule 13G/A?

1607 Capital Partners reports beneficial ownership of 558,367 common shares of Western Asset Investment Grade Income Fund Inc. (PAI), representing 5.87% of the class. This reflects a sizable institutional position in the fund’s common stock.

Does 1607 Capital Partners have voting control over its PAI shares?

Yes. 1607 Capital Partners reports sole voting power over 558,367 shares of PAI and no shared voting power. It also reports sole dispositive power over the same number of shares, indicating exclusive control over voting and disposition.

Is the PAI position held by 1607 Capital Partners shared with any other party?

No. The filing shows 0 shares with shared voting power and 0 shares with shared dispositive power. All 558,367 PAI shares reported are under 1607 Capital Partners’ sole voting and sole dispositive authority.

What class of PAI securities does 1607 Capital Partners hold?

The reported stake is in the Common stock of Western Asset Investment Grade Income Fund Inc. (PAI). The CUSIP listed is 95766T100, identifying the specific common share class covered by this Schedule 13G/A filing.

Who signed the Schedule 13G/A for 1607 Capital Partners regarding PAI?

The filing is signed by Kevin Rutherford, Chief Compliance Officer of 1607 Capital Partners, LLC. His signature attests to the accuracy of the reported 558,367 PAI shares and the stated 5.87% beneficial ownership position.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 02:21 PM Accepted by SEC EDGAR 08/14/2026 - 02:20 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

Western Asset Investment Grade Income Fund Inc.

(Name of Issuer)

Common

(Title of Class of Securities)

95766T100

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 95766T100

1

Names of Reporting Persons

1607 Capital Partners, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 558,367.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 558,367.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

558,367.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.87 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Western Asset Investment Grade Income Fund Inc.
(b)	Address of issuer's principal executive offices: One Madison Avenue, 17th Floor, New York, NY 10010
Item 2.
(a)	Name of person filing: 1607 Capital Partners, LLC
(b)	Address or principal business office or, if none, residence: 13 S. 13th Street, Suite 400, Richmond, Virginia 23219
(c)	Citizenship: Delaware, United States
(d)	Title of class of securities: Common
(e)	CUSIP No.: 95766T100
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)	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). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 558,367
(b)	Percent of class: 5.87%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 558,367
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 558,367
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

1607 Capital Partners, LLC

Signature:	Kevin Rutherford
Name/Title:	Kevin Rutherford | Chief Compliance Officer
Date:	08/14/2026