Saba Capital (ECF) reports sale of 14,110 Ellsworth Growth & Income shares

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of Ellsworth Growth & Income Fund Ltd, reported an open-market sale of common stock. On 02/11/2026, it sold 14,110 shares at a price of $12.24 per share. After this transaction, Saba Capital Management, L.P. indirectly beneficially owned 1,632,468 shares of the fund’s common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Saba Capital Management, L.P.

(Last) (First) (Middle)

405 LEXINGTON AVENUE

58TH FLOOR

(Street)

NEW YORK NY 10174

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ELLSWORTH GROWTH & INCOME FUND LTD [ ECF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/11/2026		S		14,110	D	$12.24	1,632,468	I	-

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Saba Capital Management, L.P. By: Zachary Gindes	02/12/2026
	Boaz Weinstein	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ECF disclose in this Form 4 filing?

Ellsworth Growth & Income Fund Ltd (ECF) reported that Saba Capital Management, L.P. executed an open-market sale of common stock. The transaction involved 14,110 shares sold on 02/11/2026 at $12.24 per share, as reflected in the Form 4 data.

Who is the reporting person in the ECF Form 4 filing?

The reporting person is Saba Capital Management, L.P., identified as a 10% owner of Ellsworth Growth & Income Fund Ltd (ECF). The filing shows Saba Capital as the sole reporting person, filing on its own behalf rather than as part of a group.

How many ECF shares did Saba Capital Management, L.P. sell?

Saba Capital Management, L.P. sold 14,110 shares of Ellsworth Growth & Income Fund Ltd (ECF) common stock. The transaction was coded “S” for sale and classified as an open-market or private sale, according to the Form 4 transaction details provided.

At what price were the ECF shares sold in this insider transaction?

The reported sale of Ellsworth Growth & Income Fund Ltd (ECF) common stock by Saba Capital Management, L.P. was executed at $12.24 per share. This per-share price is listed in the Form 4 under the non-derivative securities transaction table.

How many ECF shares does Saba Capital Management, L.P. own after the sale?

Following the reported sale, Saba Capital Management, L.P. beneficially owned 1,632,468 shares of Ellsworth Growth & Income Fund Ltd (ECF) common stock. The filing classifies this position as indirect ownership in the post-transaction holdings column.

Is the ECF insider ownership reported as direct or indirect?

The Form 4 shows Saba Capital Management, L.P.’s ownership of Ellsworth Growth & Income Fund Ltd (ECF) common stock as indirect. The ownership code is marked “I,” indicating the shares are held indirectly rather than as directly registered holdings.