Distribution Announcement: Ellsworth Growth and Income Fund Ltd. declared a cash distribution of $0.16 per share, payable on September 23, 2025, to shareholders recorded by September 16, 2025.
Distribution Policy: The Fund aims to pay the greater of an annual distribution of 5% of its trailing market price or the minimum requirement set by the Internal Revenue Code for regulated investment companies, with quarterly reviews by the Board of Trustees.
Tax Implications: Portions of the distribution may be treated as long-term capital gains or qualified dividend income, subject to federal tax rates, including a potential 3.8% Medicare surcharge for certain high-income U.S. shareholders.
Investment Considerations: Investors are advised to consider the Fund's objectives, risks, and expenses before investing, with detailed information available through investor relations.
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.
0 Analyst Rating
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.
0 Buy
0 Hold
0 Sell
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.
