Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Major Shareholder Saba Capital Management, L.P. Acquires 5,975 Shares of Company Stock

Posted by on Oct 30th, 2026

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 5,975 shares of the firm’s stock in a transaction that occurred on Thursday, October 29th. The stock was acquired at an average price of $11.87 per share, for a total transaction of $70,923.25. Following the completion of the transaction, the insider directly owned 1,802,498 shares in the company, valued at approximately $21,395,651.26. This represents a 0.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Wednesday, October 28th, Saba Capital Management, L.P. bought 1,050 shares of Ellsworth Growth and Income Fund stock. The stock was bought at an average cost of $11.75 per share, for a total transaction of $12,337.50.
  • On Tuesday, October 27th, Saba Capital Management, L.P. bought 400 shares of Ellsworth Growth and Income Fund stock. The stock was 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 acquired at an average cost of $11.43 per share, with a total value of $29,923.74.
  • On Wednesday, October 21st, Saba Capital Management, L.P. acquired 2,600 shares of Ellsworth Growth and Income Fund stock. The shares were bought at an average price of $11.58 per share, for a total transaction 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 shares were acquired at an average cost of $11.39 per share, for a total transaction of $20,843.70.
  • On Monday, October 19th, Saba Capital Management, L.P. purchased 17,079 shares of Ellsworth Growth and Income Fund stock. The stock was acquired 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 stock was purchased 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. acquired 9,969 shares of Ellsworth Growth and Income Fund stock. The shares were purchased 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. acquired 56,083 shares of Ellsworth Growth and Income Fund stock. The stock was acquired at an average cost of $11.74 per share, with a total value of $658,414.42.
  • On Monday, October 12th, Saba Capital Management, L.P. bought 14,600 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average price of $12.03 per share, with a total value of $175,638.00.

Ellsworth Growth and Income Fund Stock Down 1.4%

Shares of NYSEAMERICAN:ECF traded down $0.17 on Friday, reaching $11.72. 38,921 shares of the company’s stock were exchanged, compared to its average volume of 32,451. The business’s 50-day moving average is $12.06 and its two-hundred day moving average is $12.29. Ellsworth Growth and Income Fund Ltd. has a fifty-two week low of $10.70 and a fifty-two week high of $13.85.

Ellsworth Growth and Income Fund Increases Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Blue Bell Private Wealth Management LLC raised its position in Ellsworth Growth and Income Fund by 19.2% during the third quarter. Blue Bell Private Wealth Management LLC now owns 285,041 shares of the investment management company’s stock valued at $3,341,000 after buying an additional 45,897 shares during the period. Readystate Asset Management LP bought a new stake in shares of Ellsworth Growth and Income Fund in the second quarter valued at approximately $154,000. Ruggaard & Associates LLC acquired a new stake in Ellsworth Growth and Income Fund during the second quarter worth about $248,000. Capstone Investment Advisors LLC acquired a new position in shares of Ellsworth Growth and Income Fund in the 2nd quarter valued at $1,076,000. Finally, Evolve Private Wealth LLC bought a new position in shares of Ellsworth Growth and Income Fund in the second quarter valued at approximately $875,000. 35.88% of the stock is owned by institutional investors and hedge funds.

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.

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Insider Buying and Selling by Quarter for Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF)

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