Insider Buying: Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Major Shareholder Purchases 2,618 Shares of Stock

Posted by Don Miller on Oct 27th, 2026

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report) major shareholder Saba Capital Management, L.P. bought 2,618 shares of Ellsworth Growth and Income Fund stock in a transaction that occurred on Monday, October 26th. The stock was purchased at an average cost of $11.43 per share, with a total value of $29,923.74. Following the completion of the transaction, the insider owned 1,795,073 shares of the company’s stock, valued at $20,517,684.39. This trade represents a 0.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Wednesday, October 21st, Saba Capital Management, L.P. purchased 2,600 shares of Ellsworth Growth and Income Fund stock. The shares were acquired 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. purchased 1,830 shares of Ellsworth Growth and Income Fund stock. The stock was 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. acquired 17,079 shares of Ellsworth Growth and Income Fund stock. The stock was acquired at an average price of $11.47 per share, with a total value of $195,896.13.
On Friday, October 16th, Saba Capital Management, L.P. acquired 16,347 shares of Ellsworth Growth and Income Fund stock. The stock was 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. acquired 9,969 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average cost of $11.62 per share, with a total value 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 shares were 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, for a total transaction of $175,638.00.
On Thursday, October 8th, Saba Capital Management, L.P. bought 27,937 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average price of $11.95 per share, for a total transaction of $333,847.15.
On Wednesday, October 7th, Saba Capital Management, L.P. bought 17,548 shares of Ellsworth Growth and Income Fund stock. The stock was acquired at an average cost of $11.97 per share, for a total transaction 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 stock was acquired at an average cost of $12.36 per share, for a total transaction of $84,048.00.

Ellsworth Growth and Income Fund Stock Performance

NYSEAMERICAN:ECF traded up $0.22 during mid-day trading on Tuesday, hitting $11.69. The company’s stock had a trading volume of 5,547 shares, compared to its average volume of 32,650. Ellsworth Growth and Income Fund Ltd. has a fifty-two week low of $10.70 and a fifty-two week high of $13.85. The stock has a fifty day moving average of $12.13 and a 200-day moving average of $12.30.

Ellsworth Growth and Income Fund Increases Dividend

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

Hedge Funds Weigh In On Ellsworth Growth and Income Fund

A number of hedge funds have recently modified their holdings of ECF. Global Retirement Partners LLC bought a new position in shares of Ellsworth Growth and Income Fund during the 2nd quarter worth approximately $28,000. Readystate Asset Management LP acquired a new stake in Ellsworth Growth and Income Fund in the 2nd quarter valued at $154,000. Beckerman Institutional LLC bought a new stake in Ellsworth Growth and Income Fund in the second quarter valued at $169,000. Ruggaard & Associates LLC bought a new stake in Ellsworth Growth and Income Fund in the second quarter valued at $248,000. Finally, K2 Principal Fund L.P. bought a new stake in Ellsworth Growth and Income Fund in the second quarter valued at $325,000. 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.