ECF News and Press, Ellsworth Growth and Income Fund Ltd. From 07/01/20

By David King, CFA, Senior Portfolio Manager, Head of Income and Growth Strategies A surge in convertible issuance could change the landscape for this asset class. How should investors think about the convertibles market? Dave King: Convertibles are a way to pursue good risk-adju...

Written by Nick Ackerman, co-produced by Stanford Chemist Dividend cuts for closed-end funds were something that we certainly anticipated throughout this latest sell-off. Not only is that playing a role in CEFs, but will in ETFs and individual stocks just the same. This might be more pre...

The market has recovered quite a bit during the last couple of months and is up more than 30% from its lows on March 23. However, a lot of people feel a disconnect between the market action and the unprecedented economic upheaval and uncertainties that have been caused by the spread of coro...

Ellsworth Fund (NYSEMKT: ECF ) declares $0.13/share quarterly dividend , in line with previous. Forward yield 5.22% Payable June 23; for shareholders of record June 16; ex-div June 15. See ECF Dividend Scorecard, Yield Chart, & Dividend Growth. More news on: Ellsworth Fund,...

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 23, 2020 to common shareholders of record on June 16, 2020. The Fund intends to pay the greater of either an annual d...

The following notice relates to the Annual Meetings of: Bancroft Fund Ltd. Ellsworth Growth and Income Fund Ltd. GAMCO Global Gold, Natural Resources & Income Trust GAMCO Natural Resources, Gold & Income Trust The Gabelli Convertible & Income Securities Fund ...

Co-produced by Stanford Chemist In a previous piece, we covered why an N-2 filing is important and what this could mean when the 497 was filed. We discussed that the N-2 was when closed-end funds filed a registration for new shares. This ultimately meant that a fund was either conducti...

Raises Annual Distribution 8% to $0.52 Per Share From $0.48 Per Share 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, 2020 to common shareholders of record o...

The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American:ECF) (the “Fund”) reaffirmed its 5% distribution policy and declared a $0.13 per share cash distribution payable on March 24, 2020 to common shareholders of record on March 17, 2020. The Fund inten...

Note: Data from the article are from January 10, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund ((CEF)) sectors in the last week, as well as to highlight recently concluded or upcoming corporate ac...