ECF

Ellsworth Growth & Income Fund
ECF

$9

0.67%

Market Cap: $124M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.61% less ownership

Funds ownership: 41.9% [Q1] → 41.29% (-0.61%) [Q2]

1% less capital invested

Capital invested by funds: $47.4M [Q1] → $46.9M (-$524K) [Q2]

15% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 20

16% less funds holding

Funds holding: 62 [Q1] → 52 (-10) [Q2]

83% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 12

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Research analyst outlook

We haven’t received any recent analyst ratings for ECF.

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Financial journalist opinion

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $0.13 per share cash distribution September 23, 2024 to common shareholders of record on September 16, 2024.

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

ECF: Discount Remains Appealing And Activist Pressure Growing

ECF has seen its discount narrow since our prior update, but it remains a rather attractive play in the convertible closed-end fund space. The fund has also garnered interest from Saba Capital Management, which has been seen growing its position more recently. The quarterly distribution and 5% minimum annual distribution policy are areas that could use 'some improvement' to potentially narrow the discount.

ECF: Discount Remains Appealing And Activist Pressure Growing

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

RYE, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $0.13 per share cash distribution payable on June 21, 2024 to common shareholders of record on June 13, 2024.

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

ECF: Convertible Exposure At An Attractive Discount

The Ellsworth Growth and Income Fund has made a strong recovery since our prior update. At the same time, the fund remains trading at an attractive discount. ECF's portfolio provides diversified exposure to mostly convertibles but also includes some equity exposure.

ECF: Convertible Exposure At An Attractive Discount

ECF: Very Attractive Yield And Valuation, But Performance Disappoints

The Ellsworth Growth and Income Fund Ltd offers a high level of income without sacrificing potential upside from common stocks. The ECF closed-end fund's recent performance has been disappointing, with a 41.67% share price decline over the past three years. The fund has been consistently underperforming both common stocks and convertible bonds over both short-term and longer terms.

ECF: Very Attractive Yield And Valuation, But Performance Disappoints

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $0.13 per share cash distribution payable on March 21, 2024 to common shareholders of record on March 14, 2024.

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

RYE, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $0.13 per share cash distribution payable on December 28, 2023 to common shareholders of record on November 22, 2023.

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

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