THIS PAPER DOCUMENT IS BEING SUBMITTED PURSUANT TO
RULE 901 9(d) OF REGULATION S-T
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
EUROPEAN WARRANT FUND INC
(Name of Issuer)
Closed End Mutual Fund
(Title of Class of Securities)
298792102
(CUSIP Number)
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X ]
Rule 13d-1(b)
[ ]
Rule 13d-1(c)
[ ]
Rule 13d-1(d)
CUSIP No. 298792102
1.
Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Wachovia Corporation
56-0898180
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
North Carolina
Number of Shares Beneficially Owned by Each Reporting
Person With
5. Sole Voting Power 654336
6. Shared Voting Power 0
7. Sole Dispositive Power 655174
8. Shared Dispositive Power 0
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
655310
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
Not Applicable.
11.
Percent of Class Represented by Amount in Row (9)
4.49%
12.
Type of Reporting Person (See Instructions)
Parent Holding Company (HC)
Item 1.
(a)Name of Issuer
EUROPEAN WARRANT FUND INC
(b) Address of Issuer's Principal Executive Offices
330 Madison Avenue
New York, NY 10017
Item 2.
(a) Name of Person Filing
Wachovia Corporation
(b) Address of Principal Business Office or, if none, Residence
One First Union Center
Charlotte, North Carolina 28288-0137
(c) Citizenship
North Carolina
(d) Title of Class of Securities
Closed End Mutual Fund
(e) CUSIP Number
337358105
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:
(g)[X ] A parent holding company or control person in accordance with
240.13d-1(b)(1)(ii)(G);
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: 655310.
(b)
Percent of class: 4.49%.
(c)
Number of shares as to which the person has:
(i)
Sole power to vote or to direct the vote 654336.
(ii)
Shared power to vote or to direct the vote 0.
(iii)
Sole power to dispose or to direct the disposition of 655174.
(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 the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following
[X ].
Item 6.
Ownership of More than Five 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:
Wachovia Corporation is filing this schedule pursuant to Rule 13d-1(b)(1)(ii)(G) as indicated under Item 3(g).
Item 8.
Identification and Classification of Members of the Group
Not Applicable.
Item 9.
Notice of Dissolution of Group
Not Applicable.
Item 10.
Certification
(a)
The following certification shall be included if the statement is filed
pursuant to 240.13d-1(b):
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.
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.
1/28/2004
Date
Signature
Karen F. Knudtsen, Vice President & Trust Officer
Name/Title