Ellsworth Growth and Income Fund Ltd. Reports Unaudited Earnings Results for the Twelve Months Ended September 30, 2015
October 23, 2015
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Ellsworth Growth and Income Fund Ltd. reported unaudited earnings results for the twelve months ended September 30, 2015. For the period, net income was $1,921,000 or $0.15 per share against $1,852,000 or $0.14 per share for the same period prior year. Net asset value per share was $9.45 against $10.29 for the same period prior year.
Ellsworth Growth and Income Fund Ltd. is a diversified closed-end, diversified management investment company. The Fundâs primary investment objective is to provide income and the potential for capital appreciation, which 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 invests primarily in convertible and equity securities. The Fund's portfolio includes sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, diversified industrial, food and beverage, communications equipment, consumer products, transportation, consumer services, cable and satellite, computer hardware, automotive, wireless communications, agriculture and entertainment. Gabelli Funds, LLC is the investment advisor of the Fund.