ECF News and Press, Ellsworth Growth and Income Fund Ltd. From 07/14/21

As we reach halftime of the calendar year, investors go into the locker room with some knowledge of the pandemic recovery and some new concerns to monitor in the second half of 2021 and into 2022. Our base case is inflation is transitory; however, we are watching the data very closely...

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 without being covered. The fund doesn't pay the highest distribution, but the returns h...

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, 2021 to common shareholders of record on June 16, 2021. The Fund intends to pay the greater of either an an...

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 common shareholders of record on March 17, 2021. The distribution follows on the strength of the 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 2021 too. ECF offers a modest quarterly distribution, but can have a significant ye...

The convertibles sector had a tremendous 2020 on the back of a number of tailwinds such as outperformance in its sector tilts, high volatility and falling rates. We take a look at the different options for investors in the sector across both open-end and closed-end funds. Interest...

People who see CICVX's 48.77% 2020 return and ask, "Did we miss it?" aren't considering what's unique about investing in convertibles, according to the portfolio managers. While a 100-basis point rate rise can be a headwind for traditional fixed income, converts often have a different...

From the beginning of the sell-off on Feb. 20 to their low point on March 23 of 2020, the ICE BofA US Convertibles Index had declined by roughly 26%. Performance has continued to improve since then - the ICE BofA US Convertibles Index climbed by more than 46% in 2020, from Jan. 1 thro...

Convertible securities were up 46.22% in 2020 and outperformed every other major asset class. Convertibles provide the opportunity to participate in equities' upside, coupled with the ability to mitigate the risk of equities' downside. While issuance overall may decelerate from 20...

23 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. Rally continues for the fifth week; MLPs lead again. DSL cuts distribution. For further details see: Weekly Closed-End Fund Roundup: December 6, 2020