Ellsworth Growth and Income Fund Ltd. (ECF)
| Market Value | 132.12M |
| Revenue (ttm) | 5.89M |
| Net Income (ttm) | 23.61M |
| Shares Out | 13.79M |
| EPS (ttm) | 1.71 |
| PE Ratio | 5.60 |
| Forward PE | n/a |
| Dividend | $0.58 (6.08%) |
| Ex-Dividend Date | Nov 22, 2024 |
| Volume | 13,326 |
| Open | 9.53 |
| Previous Close | 9.56 |
| Day's Range | 9.53 - 9.68 |
| 52-Week Range | 7.55 - 10.03 |
| Beta | 1.07 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ECF
Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the Bank of America Merrill Lynch All U.S. Convertibles Index, Barclays Balanced U.S. Convertibles Index, and S&P 500 Index. It was formerly known as Ellsworth Fund Ltd. Ellswor... [Read more]
News
11 Closed-End Fund Buys In The Month Of November 2024
This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I h...
Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.14 per Share
RYE, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American:ECF) (the “Fund”) declared a $0.14 per share cash distribution payable on Dec...
ECF: Discount Narrows But Still Attractive With Activist Potential
ECF is a closed-end fund with a portfolio primarily focused on convertible securities, but also includes a sleeve of equity holdings. The fund has seen its discount narrow since our last update, and i...
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,...
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 Managem...
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 expos...
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, wit...
BCV And ECF: Convertible Bond Exposure, Offering Yield With Upside Potential
Bancroft Fund and Ellsworth Growth and Income Fund offer diversified exposure to convertible debt investments. Convertible bonds offer yield as fixed-income investments but also potential upside throu...
ECF: Attractive Discount And Improving Income-Generation
Ellsworth Growth and Income Fund's net investment income has significantly increased, which could provide better coverage of its distribution. ECF continues to trade at an attractive discount, making ...
ECF And GCV: Divergence Playing Out, Revisiting This Idea
In 2022, we highlighted how ECF was "a clear choice" over GCV. This has been playing out, and it could have more to go.
Ellsworth Fund: Conservatively Managed Convertibles Fund
ECF is a convertibles-focused CEF. It pays a 5.9% forward distribution yield that appears well covered by historical fund returns.
Kicking Off The New Year With 7 Closed-End Fund Buys In The Month Of January 2023
We have now closed on the first month of the new year, but my strategy of buying every month hasn't changed. The new year has started off with a bang, with the broader indexes jumping higher.
ECF: Attractively Valued Convertible Exposure
ECF's latest annual report shows a decline in net investment income, considering the fall in the market that doesn't help the situation. However, these declines are happening in convertibles as a whol...
GCV And ECF: A Clear Choice
GCV and ECF are both under the Gabelli umbrella and managed by the same people. GCV's distribution is higher, but ECF's distribution is also a fairly attractive 5% minimum managed policy.
Ellsworth Growth and Income Fund Ltd. Announces the Placement of $25 Million of Series B Cumulative Preferred Shares
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) is pleased to announce the issuance of Series B Cumulative Preferred Shares...
ECF: Deep Discount Makes This A Tempting Buy
With the latest market volatility, ECF has now plunged down to trade at a double-digit discount.
3 Closed-End Funds Bought In October
October saw the broader indexes return to higher levels after September's dip. I wasn't aggressively buying for the month but found a few pockets worth putting capital to work in.
Ellsworth Growth and Income Fund Ltd. Declares Distribution of $1.11 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $1.11 per share cash distribution payable on December 28, 2021 t...
ECF: A Discounted Fund With A ~5% Minimum Distribution Yield
ECF is quite similar to BCV, which we recently covered, both being under the Gabelli banner and focused on convertibles.
ECF: Better Valuation Opening Up On This Little Known Fund
ECF has only 612 Seeking Alpha followers, and relatively speaking, I would classify this as little known. Before my previous coverage earlier this year, the fund had gone over a year and a half withou...
Ellsworth Growth and Income Fund Ltd. NAV Performance up 35% and Market Return up 31% in 2020 Declares Distribution of $0.13 Per Share
RYE, N.Y.--(BUSINESS WIRE)--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 24, 2021 to c...
ECF: A Unique Convertible Fund
ECF can provide more unique and varied exposure to convertible holdings. Convertible funds had done incredibly well throughout 2020, with continued volatility they could continue doing well through 20...