Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Stock: Insider Saba Capital Management, L.P. Acquires 1,050 Shares

Posted by Brian Himes on Oct 31st, 2026

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 1,050 shares of the company’s stock in a transaction dated Wednesday, October 28th. The stock was purchased at an average cost of $11.75 per share, with a total value of $12,337.50. Following the completion of the purchase, the insider directly owned 1,796,523 shares of the company’s stock, valued at approximately $21,109,145.25. This represents a 0.06% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 Thursday, October 29th, Saba Capital Management, L.P. acquired 5,975 shares of Ellsworth Growth and Income Fund stock. The stock was purchased at an average price of $11.87 per share, for a total transaction of $70,923.25.
On Tuesday, October 27th, Saba Capital Management, L.P. bought 400 shares of Ellsworth Growth and Income Fund stock. The shares were purchased at an average cost of $11.63 per share, for a total transaction of $4,652.00.
On Monday, October 26th, Saba Capital Management, L.P. bought 2,618 shares of Ellsworth Growth and Income Fund stock. The shares were purchased at an average cost of $11.43 per share, for a total transaction of $29,923.74.
On Wednesday, October 21st, Saba Capital Management, L.P. bought 2,600 shares of Ellsworth Growth and Income Fund stock. The shares were purchased at an average price of $11.58 per share, with a total value of $30,108.00.
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 cost of $11.39 per share, with a total value of $20,843.70.
On Monday, October 19th, Saba Capital Management, L.P. bought 17,079 shares of Ellsworth Growth and Income Fund stock. The stock was purchased at an average cost of $11.47 per share, with a total value of $195,896.13.
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, for a total transaction 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, for a total transaction 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 cost of $12.03 per share, with a total value of $175,638.00.

Ellsworth Growth and Income Fund Price Performance

NYSEAMERICAN ECF opened at $11.72 on Friday. The firm has a 50 day simple moving average of $12.05 and a 200-day simple moving average of $12.29. Ellsworth Growth and Income Fund Ltd. has a one year low of $10.70 and a one year high of $13.85.

Ellsworth Growth and Income Fund Increases Dividend

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

Hedge Funds Weigh In On Ellsworth Growth and Income Fund

Several institutional investors have recently modified their holdings of ECF. Blue Bell Private Wealth Management LLC grew its stake in Ellsworth Growth and Income Fund by 19.2% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 285,041 shares of the investment management company’s stock worth $3,341,000 after purchasing an additional 45,897 shares in the last quarter. Readystate Asset Management LP acquired a new stake in Ellsworth Growth and Income Fund in the 2nd quarter valued at about $154,000. Ruggaard & Associates LLC purchased a new position in shares of Ellsworth Growth and Income Fund in the 2nd quarter valued at about $248,000. Capstone Investment Advisors LLC purchased a new position in shares of Ellsworth Growth and Income Fund in the 2nd quarter valued at about $1,076,000. Finally, Evolve Private Wealth LLC purchased a new position in shares of Ellsworth Growth and Income Fund in the 2nd quarter valued at about $875,000. Institutional investors and hedge funds own 35.88% of the company’s stock.

Ellsworth Growth and Income Fund Company Profile

(Get Free Report)

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

ECF invests primarily in convertible securities, including convertible bonds and convertible preferred stocks, as well as common stocks. Convertible securities may offer income while also providing the potential to participate in the equity appreciation of the underlying companies.

Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Stock: Insider Saba Capital Management, L.P. Acquires 1,050 Shares

Ellsworth Growth and Income Fund Price Performance

Ellsworth Growth and Income Fund Increases Dividend

Hedge Funds Weigh In On Ellsworth Growth and Income Fund

Ellsworth Growth and Income Fund Company Profile

Recommended Stories

You might be interested in: