Saba Capital (ECF) sells Ellsworth Growth & Income Fund shares

Rhea-AI Filing Summary

Saba Capital Management, L.P., a 10% owner of Ellsworth Growth & Income Fund Ltd., reported two open-market sales of the fund’s common stock. On February 5, 2026, it sold 7,824 shares at $12.02 per share. On February 6, 2026, it sold 26,218 shares at $11.95 per share. After these transactions, Saba Capital indirectly owned 1,646,578 common shares of Ellsworth Growth & Income Fund.

Insider Trade Summary

Net Seller: 34,042 shares ($407,350)

Net Sell 2 txns

Insider Saba Capital Management, L.P.

Role 10% Owner

Sold 34,042 shs ($407K)

Type	Security	Shares	Price	Value
Sale	Common Stock	26,218	$11.95	$313K
Sale	Common Stock	7,824	$12.02	$94K

Holdings After Transaction: Common Stock — 1,646,578 shares (Indirect, -)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)
02/05/2026

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	02/05/2026		S		7,824	D	$12.02	1,672,796	I	-
Common Stock	02/06/2026		S		26,218	D	$11.95	1,646,578	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	02/09/2026
	Boaz Weinstein	02/09/2026
	** 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 activity did Saba Capital report for ECF?

Saba Capital Management, L.P. reported selling Ellsworth Growth & Income Fund (ECF) common stock in two transactions. It sold 7,824 shares at $12.02 and 26,218 shares at $11.95, both in early February 2026, as disclosed in a Form 4 filing.

How many ECF shares did Saba Capital sell and at what prices?

Saba Capital Management, L.P. sold a total of 7,824 ECF shares at $12.02 on February 5, 2026, and 26,218 ECF shares at $11.95 on February 6, 2026. Both transactions involved Ellsworth Growth & Income Fund common stock.

How many ECF shares does Saba Capital own after these sales?

Following the reported Form 4 transactions, Saba Capital Management, L.P. indirectly owned 1,646,578 shares of Ellsworth Growth & Income Fund common stock. This post-transaction figure reflects the remaining beneficial ownership after the February 5 and February 6, 2026 sales.

What is Saba Capital’s relationship to Ellsworth Growth & Income Fund (ECF)?

Saba Capital Management, L.P. is identified as a 10% owner of Ellsworth Growth & Income Fund Ltd. in the Form 4. This status means it beneficially owns at least ten percent of the fund’s registered class of equity securities, triggering ongoing reporting obligations.

Were Saba Capital’s ECF transactions direct or indirect holdings?

The Form 4 indicates Saba Capital Management, L.P.’s Ellsworth Growth & Income Fund holdings as indirect ownership. Both post-transaction share balances, including the final 1,646,578 shares, are coded as indirectly owned rather than directly held by the reporting person.