Welcome to our dedicated page for Ellsworth Growth and Income Fund news (Ticker: ECF), a resource for investors and traders seeking the latest updates and insights on Ellsworth Growth and Income Fund stock.
Ellsworth Growth and Income Fund Ltd. reports news primarily as a diversified closed-end management investment company focused on income and long-term capital appreciation. The fund invests primarily in convertible securities and common stock and is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc.
Recurring updates cover cash distributions to common shareholders, changes to the fund's distribution policy, Board of Trustees review of income and realized capital gains, net asset value considerations, and capital-structure actions such as cumulative preferred shares. Company releases also reference the fund's NYSE American listing and regulated investment company distribution requirements.
Ellsworth Growth and Income Fund (NYSE American: ECF) declared a $0.19 per share cash distribution, payable June 23, 2026 to shareholders of record on June 15, 2026.
The Fund targets annual distributions of at least 5% of its trailing 12‑month average market price or the amount required under tax rules, with 2026 distributions currently estimated as about 5% net investment income and 95% net capital gains on a book basis.
Ellsworth Growth and Income Fund (NYSE American: ECF) declared a $0.19 per share cash distribution payable March 24, 2026, to shareholders of record March 17, 2026, a 20% increase from $0.16.
Annualized distribution rises to $0.76 from $0.64 and the Fund targets the greater of a 5% annual payout on trailing 12-month average market price or the IRC minimum for RICs. Estimated 2026 distribution composition is ~4% net investment income and ~96% net capital gains on a book basis.
Ellsworth Growth and Income Fund (NYSE American: ECF) declared a $0.41 per share cash distribution payable December 30, 2025, to shareholders of record on November 24, 2025. Shareholders not in the Automatic Dividend Investment Plan may elect cash or beneficial shares; the election expires December 15, 2025, and non‑elected positions will receive shares.
The number of shares issued under the share option will be determined December 16, 2025, using the lower of closing market price or NAV. The Fund intends to pay the greater of a 5% annual distribution of trailing 12‑month average month‑end market price or the RIC minimum, and may make an adjusting distribution in December.
Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) has declared a quarterly cash distribution of $0.16 per share, payable on September 23, 2025, to shareholders of record as of September 16, 2025.
The Fund maintains a policy of distributing the greater of either 5% of its trailing 12-month average month-end market price or the minimum required distribution under IRS regulations. The 2025 distributions are expected to comprise approximately 20% from net investment income and 80% from net capital gains on a book basis.
The Board of Trustees regularly reviews distribution levels, considering the Fund's NAV and market conditions. The distribution policy may be modified or terminated at any time, and distributions could be taxed as long-term capital gains or qualified dividend income.
[ "Maintains consistent quarterly distribution policy", "80% of distributions come from net capital gains", "Flexible distribution approach considering market conditions" ]Ellsworth Growth and Income Fund (NYSE American: ECF) has announced a significant increase in its quarterly distribution. The Fund's Board of Trustees approved a 20% increase in the quarterly distribution from $0.16 to $0.19 per share, effective December 2025.
This change raises the annualized distribution rate from $0.64 to $0.76 per share. The distribution increase is supported by the Fund's strong performance, with a NAV total return of 18% year to date.
The Ellsworth Growth and Income Fund Ltd. (NYSE: ECF) has announced a significant 23% increase in its quarterly distribution, raising it to $0.16 per share from $0.13. The distribution is payable on June 23, 2025, to shareholders of record on June 13, 2025. This increase brings the annual distribution rate to $0.64 from $0.52 per share.
The boost follows the Fund's strong market total return of 27% in 2024. The Fund aims to distribute annually either 5% of its trailing 12-month average month-end market prices or meet minimum IRS requirements. The current distribution comprises approximately 19% from net investment income and 81% from net capital gains on a book basis.
Ellsworth Growth and Income Fund (NYSE American: ECF) has announced a cash distribution of $0.13 per share, payable on March 24, 2025, to shareholders of record as of March 17, 2025. The Fund aims to distribute annually either 5% of its trailing 12-month average month-end market price or meet minimum IRS requirements for regulated investment companies.
The current 2025 distribution comprises approximately 13% from net investment income and 87% from net capital gains on a book basis. The Board of Trustees reviews potential distributions quarterly, considering the Fund's net asset value and market conditions. An adjusting distribution may be paid in December to cover additional income and realized capital gains exceeding quarterly distributions.
Distributions may be treated as long-term capital gain or qualified dividend income, subject to a maximum 20% federal tax rate for individuals. A 3.8% Medicare surcharge may apply to certain U.S. shareholders on their net investment income.
The Board of Trustees of Ellsworth Growth and Income Fund (ECF) has declared a $0.14 per share cash distribution payable on December 30, 2024. Shareholders of record as of November 22, 2024, can choose to receive the distribution in cash or beneficial shares. The Fund aims to pay either 5% of its trailing 12-month average month-end market price or meet minimum IRS distribution requirements. The distribution is taxable regardless of the payment method chosen, and shareholders must make their election by December 13, 2024. Those who don't make a choice will receive shares, with the amount determined on December 16, 2024, based on the lower of closing market price or net asset value.
The Board of Trustees of Ellsworth Growth and Income Fund (NYSE American: ECF) has declared a $0.13 per share cash distribution for September 23, 2024, to shareholders of record on September 16, 2024. The Fund aims to distribute either 5% of its trailing 12-month average month-end market price or meet the minimum distribution requirement for regulated investment companies.
The distribution may include long-term capital gains and qualified dividend income, subject to a maximum federal tax rate of 20% for individuals. The Fund's 2024 distributions are estimated to comprise 44% from net investment income and 56% from net capital gains. Shareholders will receive detailed tax information for 2024 distributions in early 2025 via Form 1099-DIV.
The Board of Trustees of Ellsworth Growth and Income Fund declared a $0.13 per share cash distribution, payable on June 21, 2024, to shareholders as of June 13, 2024. The Fund's policy aims to distribute 5% of the trailing 12-month average market price or comply with the minimum distribution requirement of the Internal Revenue Code. Quarterly reviews are conducted to determine potential distributions, which may be adjusted in December if necessary. The distribution includes approximately 40% net investment income and 60% return of capital. Shareholders will receive detailed tax treatment notifications in early 2025.