Ellsworth Growth and Income Fund Ltd. Increases Annual Distribution 20% to $0.76 From $0.64

GlobeNewswire

08/26

RYE, N.Y., Aug. 26, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the 「Fund」) increased the quarterly distribution to $0.19 per share. The increased quarterly distributions will commence with the distribution payable in December 2025. This is a 20% increase from $0.16 per share, bringing the annualized distribution rate to $0.76 from $0.64 per share. The increase reflects the strength of the Fund’s NAV total return of 18% year to date.

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:

Bethany Uhlein
(914) 921-5546

About Ellsworth Growth and Income Fund
Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with $199 million in total net assets. ECF invests primarily in convertible securities and common stock with the objectives of providing income and the potential for capital appreciation, objectives the Fund considers to be relatively equal over the long-term due to the nature of the securities in which it invests. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).

NYSE American: ECF
CUSIP – 289074106

ELLSWORTH GROWTH AND INCOME FUND LTD.
Investor Relations Contact:
Bethany Uhlein
914.921.5546
buhlein@gabelli.com

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For more information regarding the Fund’s distribution policy and other information about the Fund, call:</em></p> <p><em>Bethany Uhlein</em><br/><em>(914) 921-5546</em></p> <p><strong>About Ellsworth Growth and Income Fund </strong><br/>Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with $199 million in total net assets. ECF invests primarily in convertible securities and common stock with the objectives of providing income and the potential for capital appreciation, objectives the Fund considers to be relatively equal over the long-term due to the nature of the securities in which it invests. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. 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Increases Annual Distribution 20% to $0.76 From $0.64\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time smaller\">2025-08-26 19:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p>RYE, N.Y., Aug.  26, 2025  (GLOBE NEWSWIRE) -- The Board of Trustees of <a href=\"https://laohu8.com/S/ECF\">Ellsworth Growth and Income Fund</a> Ltd. (NYSE American: ECF) (the 「Fund」) increased the quarterly distribution to $0.19 per share. The increased quarterly distributions will commence with the distribution payable in December 2025. This is a 20% increase from $0.16 per share, bringing the annualized distribution rate to $0.76 from $0.64 per share. 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(OTCQX: GAMI).</p> <p>NYSE American: ECF<br/>CUSIP – 289074106</p> <p>ELLSWORTH GROWTH AND INCOME FUND LTD.<br/>Investor Relations Contact:<br/>Bethany Uhlein<br/>914.921.5546<br/>buhlein@gabelli.com</p> <br/><img referrerpolicy=\"no-referrer-when-downgrade\" src=\"https://ml.globenewswire.com/media/NTRiZTk4MzgtOWQ3MC00NTVmLWI4ODAtZTEzZDQwNjYwN2EwLTEyNzA2MDctMjAyNS0wOC0yNi1lbg==/tiny/Ellsworth-Growth-and-Income-Fu.png\"/></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4135","symbol_name":"資產管理與託管銀行","start_time":0,"source_url":"https://www.globenewswire.com/news-release/2025/08/26/3139158/0/en/Ellsworth-Growth-and-Income-Fund-Ltd-Increases-Annual-Distribution-20-to-0-76-From-0-64.html","article_id":"2562733867","we_media_id":"1016364462","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562733867","pubTimestamp":1756207800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"GlobeNewswire","introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"summary":"RYE, N.Y., Aug.  26, 2025  (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. 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Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call: Bethany Uhlein(914) 921-5546 About Ellsworth Growth and Income Fund Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with $199 million in total net assets. ECF invests primarily in convertible securities and common stock with the objectives of providing income and the potential for capital appreciation, objectives the Fund considers to be relatively equal over the long-term due to the nature of the securities in which it invests. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI). 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