CEF Advisors AICA Event NAVigator Podcast

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Ellsworth Growth and Income Fund (ECF)

Taxable Bond Funds - Convertible Funds

Data as of Dec. 9, 2024
Current
Market Price $9.86 (- $0.03)
NAV (Dec. 9, 2024) $11.23 (- $0.09)
Fund Listed NYSE MKT
Premium / Discount -12.20% (+0.43%)
Fund Info
Inception June 20, 1986
Sponsor Gabelli Funds
Website https://www.gabelli.co...
Phone (800) 422-3554
NAV Symbol XECFX
Location New Jersey
Incorporated Delaware
Staggered Board Yes
Term Date N/A
Objective: Invests primarily in convertible securities and common stock, with the objectives of providing income and the potential for capital appreciation.
Related Indexes
Convertible Bond Index
Capital & Leverage
Outstanding Shares 13,641,412
Total Assets (Reported: March 31, 2024) $177M
Estimated Total Assets $191M
Net Assets $153M
Market Cap $135M
Portfolio Turnover 32.00%
Total Leverage 20.00%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.11%
Non Lev Exp Ratio 1.59%
Rel Lev Cost 5.71%
Discount Data
Average Discount (3 Yr) -12.79%
Discount Low(3 Yr) -17.62%
Discount High(3 Yr) -7.09%
Discount Rel Range (3 Yr) 51.45%
Comp Discount -11.19
Discount St Dev (1Yr) 1.89
Z-Stat
Z-Stat (6mo) 0.06
Z-Stat (1Yr) 0.87
Z-Stat (3Yr) 0.26
Comp Z-Stat (6mo) 0.26
Comp Z-Stat (3Yr) -0.08
Distribution Data
Market Yield 5.38%
Income Yield 3.29%
Lev Adj NAV Yield 3.93%
Distribution Frequency Q
Current Distribution $0.140
Current Income $0.077
Ex-Date 11/22/24
Payable Date 12/30/24
Div Growth (3yr) 7.69%
Dividend Change 7.7% on 11/13/24
Expected Div 2/12/25
RoC (1yr) 9.81%
RoC (3yr) 6.04%
Tax Dividend Data 2023 2021 - 2023
Income 45.8% 25.0%
ST Gains 2.2% 6.0%
QDI 6.7% 6.6%
LT Gains 43.9% 66.3%
RoC 8.2% 2.7%
Volume & Liquidity
Average Daily $ (K) $410
Avg Volume 30 day 41,763
Avg Volume 90 day 41,589
Volume Trend 0.42%
Comp Volume Trend 4.61%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
65.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
68.0%
Price Correlation (1yr)
vs. CEFA's Convertible Bond Index
79.0%
Most Correlated Peer (Mk Pr): BCV 84.0%
NAV - Price Correlation (30 d) 96.5%
NAV - Price Correlation (90 d) 97.7%
NAV - Price Correlation (1 Yr) 97.5%
Price St Dev (1Yr) 12.4%
NAV St Dev (1Yr) 11.2%
Earnings
Earnings / Share (3/31/24) $0.037
Earn Coverage 26.71%
Earnings Trend Down
UNII / Share (3/31/24) $-0.150
Rel UNII -46.20
UNII Trend Down
Bond Specific Data
Maturity 4.15
Duration
Credit Rating (rbo) None
Investment Grade None%
Non Investment Grade None%
Unrated Bonds None%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.55
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.33
NAV Beta (2yr)
vs. CEFA's Convertible Bond Index
0.95

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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