2024-04-09 11:51:10 ET
Summary
- 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.
Written by Nick Ackerman, co-produced by Stanford Chemist.
The last time we covered Ellsworth Growth and Income Fund ( ECF ) was near the broader market correction in October; more specifically, it was in early November. Similar to most other investments, ECF delivered strong results as the fund rebounded from those lows. Since the portfolio primarily holds convertible securities, it has both equity and fixed-income features, which include potential upside appreciation....
Read the full article on Seeking Alpha
For further details see:
ECF: Convertible Exposure At An Attractive Discount