CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Ellsworth Growth and Income Fund (ECF)

Taxable Bond Funds - Convertible Funds

Data as of Jan. 17, 2020
Market Price $11.68 (- $0.01)
NAV (Jan. 17, 2020) $12.32 (+ $0.01)
Premium / Discount -5.19% (-0.16%)
Fund Info
Inception June 20, 1986
Sponsor Gabelli Funds
Website https://www.gabelli.co...
Phone (800) 422-3554
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 12,798,717
Total Assets (Reported: Sept. 30, 2019) $178M
Estimated Total Assets $190M
Net Assets $158M
Market Cap $149M
Purchases Turnover 40.37%
Sales Turnover 20.94%
Total Leverage 17.00%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.43%
Non Lev Exp Ratio 1.16%
Rel Lev Cost 1.32%
Discount Data
Average Discount (3 Yr) -10.16%
Discount Low(3 Yr) -15.77%
Discount High(3 Yr) -0.08%
Discount Rel Range 67.41%
Comp Discount -2.99
Discount St Dev (1Yr) 3.67
Z-Stat (6mo) 0.22
Z-Stat (1Yr) 0.99
Z-Stat (3Yr) 1.85
Comp Z-Stat (6mo) 0.46
Comp Z-Stat (3Yr) 1.65
Distribution Data
Market Yield 4.11%
Income Yield 4.11%
Lev Adj NAV Yield 3.33%
Distribution Frequency Q
Current Distribution $0.120
Current Income $0.120
Ex-Date 11/25/19
Payable Date 12/27/19
Div Growth (3yr) 9.09%
Dividend Change -7.7% on 2/22/19
Expected Div 2/20/20
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2018 2016 - 2018
Income 25.0% 46.6%
ST Gains 15.8% 5.4%
QDI 21.7% 28.2%
LT Gains 59.2% 48.0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (M) $500
Avg Volume 30 day 52,410
Avg Volume 90 day 42,786
Volume Trend 22.49%
Comp Volume Trend 7.18%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Convertible Bond Index
Most Correlated Peer (Mk Pr): BCV 72.0%
NAV - Price Correlation (30 d) 28.0%
NAV - Price Correlation (90 d) 82.1%
NAV - Price Correlation (1 Yr) 92.2%
Price St Dev (1Yr) 15.9%
NAV St Dev (1Yr) 11.3%
Earnings / Share (9/30/19) $0.040
Earn Coverage 33.33%
Earnings Trend Up
UNII / Share (9/30/19) $-0.406
Rel UNII -84.63
UNII Trend Down
Bond Specific Data
Maturity 4.95
Credit Rating (rbo) BBB
Investment Grade 58.00%
Non Investment Grade 33.00%
Unrated Bonds 9.00%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Convertible Bond Index


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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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