1607 Capital Partners, LLC Reduces Stake in abrdn Australia Equity Fund, Inc. (IAF) to 4.8%

2026-05-15SEC Filing SCHEDULE 13G/A (0001172661-26-002273)

On May 15, 2026, 1607 Capital Partners, LLC filed an amendment (Schedule 13G/A) regarding its holdings in abrdn Australia Equity Fund, Inc. (IAF). As of the event date on March 31, 2026, the investment adviser reported owning 459,489 shares of common stock, representing a 4.8% ownership stake in the company. This filing marks a decrease in ownership below the 5% threshold, as indicated by the checkmark in Item 5 of the filing. 1607 Capital Partners, LLC maintains sole voting and dispositive power over all 459,489 shares. The firm, headquartered in Richmond, Virginia, certified that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The filing was signed by Kevin Rutherford, Chief Compliance Officer. This reduction in position signifies that the filer is no longer a greater-than-5% beneficial owner of the fund's equity securities.