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Ellsworth Growth and Income Fund Ltd - $ECF STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ellsworth Growth and Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ellsworth Growth and Income Fund's position in the market.

Rhea-AI Summary
Ellsworth Growth and Income Fund Ltd. (ECF) declared a $0.13 per share cash distribution for common shareholders, aiming to meet the minimum distribution requirement of the Internal Revenue Code. The Fund's distribution policy allows for adjustments based on income, capital gains, and market conditions. Shareholders may receive long-term capital gains, qualified dividend income, or a return of capital, subject to tax implications. The 2024 distribution is estimated to consist of 52% net investment income and 48% return of capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
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Rhea-AI Summary
Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) declared a $0.13 per share cash distribution payable on December 28, 2023 to common shareholders of record on November 22, 2023. Shareholders have the option to receive the distribution in cash or in beneficial shares of the Fund, with the expiration date of the option set on December 14, 2023. The Fund aims to pay an annual distribution of 5% of the Fund’s trailing 12-month average month-end market price or meet the minimum distribution requirement of the Internal Revenue Code for regulated investment companies. The Fund's distribution policy is subject to modification or termination by the Board of Trustees at any time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
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none
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Rhea-AI Summary
Ellsworth Growth and Income Fund Ltd. declares $0.13 per share cash distribution payable on September 22, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
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Ellsworth Growth and Income Fund Ltd

NYSE:ECF

ECF Rankings

ECF Stock Data

109.08M
13.79M
0.52%
38.47%
0.07%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
Morristown

About ECF

gamco investors, inc. (nyse:gbl) is a well-established provider of investment advisory services to open and closed-end funds, institutional, and private wealth management investors. since mario j. gabelli founded the firm in 1977, gamco has been recognized for its research driven approach to equity investing and our proprietary private market value (pmv) with a catalyst™ stock selection strategy. as of december 31, 2016, the company has $39.7 billion aum, 95% of which is invested in equities, principally through our two registered investment advisers: gamco asset management inc. (“institutional and private wealth management”) and gabelli funds, llc (“funds”). g.distributors, llc (“g.distributors”) acts as an underwriter and distributor for our open-end funds.