ECF: Convertible Exposure At An Attractive Discount [Seeking Alpha]
Ellsworth Growth and Income Fund Ltd. (ECF)
NASDAQ:AMEX Investor Relations:
gabelli.com/template/fundinfo.cfm?tid=ndezytc=&bid=n2eyma==&mid=njrmyzi=&num=nzm5y2y=&fid=zgnjna==&rid=421-=edoc_dnuf
Company Research
Source: Seeking Alpha
ECF's portfolio provides diversified exposure to mostly convertibles but also includes some equity exposure. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Written by Nick Ackerman, co-produced by Stanford Chemist. The last time we covered Ellsworth Growth and Income Fund ( NYSE: ECF ) was near the broader market correction in October; more specifically, it was in early November. Similar to most other investments, ECF delivered strong results as the fund rebounded from those lows. Since the portfolio primarily holds convertible securities, it has both equity and fixed-income features, which include potential upside appreciation. Today, the fund continues to trade at an attractive discount to its net asset value per share. In fact, the fund's discount is virtually the same as it was during our last update. Saba Capital Management, an activist group, owns a relatively small slice of the fund. Howev
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Sec Filings
- 4/3/24 - Form DEFR14A
- 3/21/24 - Form DEFA14A
- 3/21/24 - Form DEF
- ECF's page on the SEC website