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home / news releases / acv hybrid convertible fund at a discount


ECF - ACV: Hybrid Convertible Fund At A Discount

2023-04-23 00:38:51 ET

Summary

  • ACV splits its portfolio primarily between convertible and equity exposure but also carries some exposure to high-yield bonds.
  • The sector allocation is tilted toward tech, meaning the fund struggled through most of the last year when growth was weak.
  • The discount is fairly attractive on this fund, and they've maintained the same monthly distribution during this volatile time.

For further details see:

ACV: Hybrid Convertible Fund At A Discount
Stock Information

Company Name: Ellsworth Growth and Income Fund Ltd.
Stock Symbol: ECF
Market: NYSE

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