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Ellsworth Growth & Income Fund

ECF

Market cap $162M

11.89 USD

+0.07

0.59%

At close Updated Oct 29, 4:00 PM EDT

1 day

0.59%

5 days

4.94%

1 month

0.51%

3 months

-0.83%

6 months

-3.96%

Year to date

1.89%

1 year

-3.41%

5 years

-13.59%

10 years

47.7%

About: Ellsworth Growth and Income Fund Ltd operate as a closed-end, diversified management investment company. Its investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The company invests in convertible and equity securities. It invests in various sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, food and beverage, consumer products, transportation, consumer services among others.

News

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Sentiment 3-Months

Positive 40%

Neutral 60%

Negative 0%

This 7% Preferred From ECF Lagging The Rally In Treasuries

The Ellsworth Growth and Income Fund Preferred currently trades below par, offering a compelling yield-to-worst of nearly 7.2%. ECF-A's lagging recovery relative to iShares 20+ Year Treasury Bond ETF and Vanguard Long-Term Corporate Bond ETF, driven by lower liquidity, creates a tactical alpha opportunity as spreads are expected to narrow. Robust asset coverage, mandated by the Investment Company Act of 1940, provides structural protection and enhances the risk/income profile for ECF-A holders.

This 7% Preferred From ECF Lagging The Rally In Treasuries

Weekly Closed-End Fund Roundup (October 18, 2026)

CEFs fell this week: 7 of 26 sectors rose on price (average -0.88%) and 12 of 26 on NAV (average -0.30%); munis led while convertibles lagged. DMA announced a buyback and +2.2% distribution raise as it entered its term measurement period; ASGI's rights offering was about 34% subscribed at $19.28. At the fund level, NMS (+5.11%) led on price and KF fell the most (-15.39%); on NAV, BGR (+4.62%) led while KF dropped -16.09%.

Weekly Closed-End Fund Roundup (October 18, 2026)

ECF: This Outperforming Fund Could Help To Diversify A Portfolio

The Ellsworth Growth and Income Fund offers a 7.43% yield and has outperformed both convertible bonds and the S&P 500 over the past few years. ECF primarily invests in convertible bonds, providing better real wealth preservation than traditional bonds, especially in inflationary environments. The fund's portfolio is notably diversified and overweight in energy, utilities, and healthcare, differing from typical equity and convertible bond indices.

ECF: This Outperforming Fund Could Help To Diversify A Portfolio

2 Deeply Discounted Closed-End Funds That Don't Deserve To Be

Closed-end funds can often be quite interesting to income-focused investors as they pay out relatively higher distribution yields. Another key factor is that the funds can trade at discount/premiums to the net asset value per share. While some funds perpetually trade at deep discounts, there are reasons to believe that some don't deserve to.

2 Deeply Discounted Closed-End Funds That Don't Deserve To Be

Ellsworth Growth and Income Fund Ltd. Increases Quarterly Distribution 16% to $0.22 Per Share From $0.19 Per Share

RYE, N.Y., Aug. 12, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $0.22 per share cash distribution payable on September 23, 2026 to common shareholders of record on September 16, 2026. The $0.22 quarterly distribution is a 16% increase from $0.19 per share.

Ellsworth Growth and Income Fund Ltd. Increases Quarterly Distribution 16% to $0.22 Per Share From $0.19 Per Share

ECF: Discount Remains Deep With Activists Holding Significant Stakes

Ellsworth Growth and Income Fund trades at an -11% discount with a solid long-term track record and recent outperformance versus the S&P 500. Activist investors, notably Saba Capital Management (~12.3% stake), offer a potential catalyst for discount narrowing or structural changes. ECF's 5.8% yield is lower than peers, but a 19% distribution hike and differentiated portfolio exposure enhance its appeal for income and appreciation.

ECF: Discount Remains Deep With Activists Holding Significant Stakes

ECF: Protective Income From Its Preferred Stock

Ellsworth Growth and Income Fund offers a balanced mix of convertible securities and common stocks, targeting both capital growth and current income. ECF trades at a 12.4% discount to NAV, with a 5.73% dividend yield, outperforming peers and benchmarks on a NAV basis over 3 and 10 years. The fund's moderate 13% leverage and sector diversification support its defensive profile, while active management enables tactical upside capture.

ECF: Protective Income From Its Preferred Stock

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.19 Per Share

RYE, N.Y., May 13, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $0.19 per share cash distribution payable on June 23, 2026 to common shareholders of record on June 15, 2026.

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.19 Per Share

ECF: Remain Cautious In This Sideways Market

Ellsworth Growth and Income Fund remains a hold, trading near the higher end of its historical price-to-NAV range. ECF offers a 6.7% yield and blends convertible securities with equities, providing income and partial upside in market rallies. Energy and utilities exposure positions ECF for AI-driven growth, but earnings and distributions remain sensitive to market momentum.

ECF: Remain Cautious In This Sideways Market

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.19 per Share Reaffirms Annualized Distribution of $0.76 per Share

RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $0.19 per share cash distribution payable on March 24, 2026 to common shareholders of record on March 17, 2026. This is a 20% increase from $0.16 per share, bringing the annualized distribution rate to $0.76 from $0.64 per share.

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.19 per Share Reaffirms Annualized Distribution of $0.76 per Share

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