Foul balls are indeed possible in Section 416, however they are very rare in this upper tier and you would want to be in the front rows. The best place to be in hopes of catching a foul ball will be the middle rows of Sections 111-116 and 130-135 (rows P through Z and AA through DD are ideal).

Best Foul Ball Seats at Great American Ball Park
Foul balls are most prevalent in the middle rows of sections down the baselines at Great American Ball Park