Sit Investment Associates Inc. Increases Stock Holdings in Ellsworth Growth and Income Fund Ltd. $ECF

Posted by Brenda Bartman on Jun 19th, 2026

Sit Investment Associates Inc. increased its position in Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Free Report) by 4.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 932,552 shares of the investment management company’s stock after acquiring an additional 43,839 shares during the quarter. Sit Investment Associates Inc. owned about 0.07% of Ellsworth Growth and Income Fund worth $10,846,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ECF. Invesco Ltd. lifted its stake in Ellsworth Growth and Income Fund by 17.2% in the 4th quarter. Invesco Ltd. now owns 232,215 shares of the investment management company’s stock worth $2,701,000 after purchasing an additional 34,026 shares in the last quarter. Saba Capital Management L.P. grew its holdings in shares of Ellsworth Growth and Income Fund by 2.8% during the fourth quarter. Saba Capital Management L.P. now owns 1,680,620 shares of the investment management company’s stock worth $19,546,000 after purchasing an additional 45,368 shares in the last quarter. Evolve Private Wealth LLC purchased a new position in Ellsworth Growth and Income Fund in the 4th quarter worth approximately $811,000. Guggenheim Capital LLC grew its position in Ellsworth Growth and Income Fund by 16.0% in the fourth quarter. Guggenheim Capital LLC now owns 164,329 shares of the investment management company’s stock worth $1,911,000 after acquiring an additional 22,611 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Ellsworth Growth and Income Fund by 10.7% in the 4th quarter. Royal Bank of Canada now owns 47,354 shares of the investment management company’s stock worth $550,000 after purchasing an additional 4,574 shares in the last quarter. Hedge funds and other institutional investors own 35.88% of the company’s stock.

Ellsworth Growth and Income Fund Trading Up 2.2%

Shares of NYSEAMERICAN ECF opened at $13.27 on Friday. Ellsworth Growth and Income Fund Ltd. has a one year low of $9.88 and a one year high of $13.85. The firm’s 50 day simple moving average is $12.76 and its two-hundred day simple moving average is $12.15.

Ellsworth Growth and Income Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 15th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, June 15th.

Ellsworth Growth and Income Fund Profile

(Free Report)

Ellsworth Growth and Income Fund (NYSEAMERICAN: ECF) is a closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income. The fund pursues its objectives by investing primarily in a diversified portfolio of common stocks of U.S. companies that pay dividends and exhibit long-term growth potential. To complement its equity holdings, the fund may also invest in preferred stocks, convertible securities and other income-oriented instruments.

ECF’s investment strategy emphasizes a disciplined, research-driven approach.