Ellsworth Fund raises yearly distribution by 20% to 76 cents per share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 26 2025
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Distribution Increase: The Board of Trustees of Ellsworth Growth and Income Fund has raised the quarterly distribution to $0.19 per share.
Effective Date: This increased distribution will begin with the payment scheduled for December 2025.
Percentage Increase: The new distribution represents a 20% increase from the previous amount of $0.16 per share.
Annualized Rate: The annualized distribution rate will rise from $0.64 to $0.76 per share, reflecting a year-to-date NAV total return of 18%.
Analyst Views on ECF
Wall Street analysts forecast ECF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ECF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 12.410
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Current: 12.410
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About ECF
Ellsworth Growth and Income Fund Ltd. is a diversified closed-end, diversified management investment company. The Fund’s primary investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The Fund invests primarily in convertible and equity securities. The Fund's portfolio includes sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, diversified industrial, food and beverage, communications equipment, consumer products, transportation, consumer services, cable and satellite, computer hardware, automotive, wireless communications, agriculture and entertainment. Gabelli Funds, LLC is the investment advisor of the Fund.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
