Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Stock: Insider Saba Capital Management, L.P. Purchases 17,079 Shares

Posted by Francis Steltz on Oct 22nd, 2026

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 17,079 shares of the stock in a transaction dated Monday, October 19th. The shares were purchased at an average price of $11.47 per share, for a total transaction of $195,896.13. Following the completion of the purchase, the insider directly owned 1,788,025 shares in the company, valued at $20,508,646.75. The trade was a 0.96% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Tuesday, October 20th, Saba Capital Management, L.P. bought 1,830 shares of Ellsworth Growth and Income Fund stock. The stock was purchased at an average price of $11.39 per share, with a total value of $20,843.70.
On Friday, October 16th, Saba Capital Management, L.P. purchased 16,347 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average price of $11.65 per share, with a total value of $190,442.55.
On Thursday, October 15th, Saba Capital Management, L.P. purchased 9,969 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average price of $11.62 per share, with a total value of $115,839.78.
On Wednesday, October 14th, Saba Capital Management, L.P. purchased 56,083 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average cost of $11.74 per share, for a total transaction of $658,414.42.
On Monday, October 12th, Saba Capital Management, L.P. acquired 14,600 shares of Ellsworth Growth and Income Fund stock. The stock was acquired at an average price of $12.03 per share, for a total transaction of $175,638.00.
On Thursday, October 8th, Saba Capital Management, L.P. acquired 27,937 shares of Ellsworth Growth and Income Fund stock. The stock was acquired at an average cost of $11.95 per share, with a total value of $333,847.15.
On Wednesday, October 7th, Saba Capital Management, L.P. acquired 17,548 shares of Ellsworth Growth and Income Fund stock. The stock was acquired at an average cost of $11.97 per share, with a total value of $210,049.56.
On Friday, September 4th, Saba Capital Management, L.P. bought 6,800 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average price of $12.36 per share, with a total value of $84,048.00.
On Thursday, September 3rd, Saba Capital Management, L.P. bought 5,000 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average cost of $12.25 per share, for a total transaction of $61,250.00.
On Friday, August 28th, Saba Capital Management, L.P. bought 1,200 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average cost of $12.47 per share, for a total transaction of $14,964.00.

Ellsworth Growth and Income Fund Stock Performance

ECF opened at $11.80 on Thursday. Ellsworth Growth and Income Fund Ltd. has a 1-year low of $10.70 and a 1-year high of $13.85. The stock’s fifty day simple moving average is $12.21 and its 200 day simple moving average is $12.51.

Ellsworth Growth and Income Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 16th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 7.5%. This is a positive change from Ellsworth Growth and Income Fund’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Wednesday, September 16th.

Hedge Funds Weigh In On Ellsworth Growth and Income Fund

Several large investors have recently modified their holdings of ECF. Global Retirement Partners LLC acquired a new stake in shares of Ellsworth Growth and Income Fund during the 2nd quarter worth about $28,000. Readystate Asset Management LP acquired a new position in Ellsworth Growth and Income Fund in the 2nd quarter valued at about $154,000. Beckerman Institutional LLC bought a new position in Ellsworth Growth and Income Fund in the 2nd quarter valued at about $169,000. Ruggaard & Associates LLC bought a new position in Ellsworth Growth and Income Fund in the 2nd quarter valued at about $248,000. Finally, Private Advisor Group LLC raised its holdings in Ellsworth Growth and Income Fund by 7.6% in the 1st quarter. Private Advisor Group LLC now owns 27,015 shares of the investment management company’s stock valued at $301,000 after acquiring an additional 1,916 shares during the period. 35.88% of the stock is owned by institutional investors.

About Ellsworth Growth and Income Fund

(Get Free Report)

Ellsworth Growth and Income Fund, Inc is a closed-end management investment company listed on the NYSE American under the symbol ECF. The fund seeks to provide investors with current income and long-term capital appreciation through a professionally managed portfolio of securities.

The fund invests primarily in convertible securities, including convertible bonds and preferred stocks, as well as common stocks and other income-producing investments. Convertible securities may provide regular income while also offering the potential to participate in the appreciation of the underlying companies’ common shares.