Welcome to our dedicated page for Ellsworth Growth and Income news (Ticker: ECF), a resource for investors and traders seeking the latest updates and insights on Ellsworth Growth and Income stock.
Ellsworth Growth and Income Fund Ltd (NYSE American: ECF) is a diversified, closed-end management investment company that invests primarily in convertible securities and common stock. Its stated objectives are to provide income and the potential for capital appreciation, which it views as relatively equal over the long term. The news flow around ECF often reflects how the fund’s portfolio and distribution policy translate into outcomes for shareholders.
On this page, readers can follow distribution announcements and related updates from the fund’s Board of Trustees. Recent communications have detailed quarterly cash distributions, changes in the per‑share distribution rate, and explanations of how the fund’s policy ties distributions to a percentage of its trailing 12‑month average month‑end market price or to Internal Revenue Code requirements for regulated investment companies.
News items also describe the composition and tax treatment of distributions, including the proportions attributed to net investment income, net capital gains, and potential return of capital. These disclosures explain how distributions may be characterized as long‑term capital gain, qualified dividend income, investment company taxable income, or return of capital, and how this affects shareholder tax reporting.
Another recurring theme in ECF news is the fund’s capital structure activity, such as the issuance of Series B Cumulative Preferred Shares with a stated distribution rate and specified put and call dates. Such announcements provide insight into how the fund finances its operations and manages its balance sheet alongside common equity.
Investors and researchers can use this news feed to review the fund’s public statements about its distribution policy, sector‑diversified investment approach in convertible and equity securities, and key decisions by the Board of Trustees. Regularly reviewing these updates can help users understand how Ellsworth Growth and Income Fund applies its stated objectives in practice over time.
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.
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