Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Stock: Insider Saba Capital Management, L.P. Buys 11,565 Shares

Posted by Doug Wharley on Nov 4th, 2026

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 11,565 shares of the stock in a transaction on Friday, October 30th. The shares were purchased at an average cost of $11.77 per share, with a total value of $136,120.05. Following the transaction, the insider owned 1,814,063 shares in the company, valued at $21,351,521.51. This trade represents a 0.64% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Thursday, October 29th, Saba Capital Management, L.P. acquired 5,975 shares of Ellsworth Growth and Income Fund stock. The stock was purchased at an average cost of $11.87 per share, for a total transaction of $70,923.25.
On Wednesday, October 28th, Saba Capital Management, L.P. acquired 1,050 shares of Ellsworth Growth and Income Fund stock. The stock was purchased at an average cost of $11.75 per share, for a total transaction of $12,337.50.
On Tuesday, October 27th, Saba Capital Management, L.P. acquired 400 shares of Ellsworth Growth and Income Fund stock. The stock was purchased at an average price of $11.63 per share, with a total value of $4,652.00.
On Monday, October 26th, Saba Capital Management, L.P. bought 2,618 shares of Ellsworth Growth and Income Fund stock. The shares were purchased at an average cost of $11.43 per share, with a total value of $29,923.74.
On Wednesday, October 21st, Saba Capital Management, L.P. bought 2,600 shares of Ellsworth Growth and Income Fund stock. The shares were purchased at an average cost of $11.58 per share, with a total value of $30,108.00.
On Tuesday, October 20th, Saba Capital Management, L.P. bought 1,830 shares of Ellsworth Growth and Income Fund stock. The stock was purchased at an average price of $11.39 per share, for a total transaction of $20,843.70.
On Monday, October 19th, Saba Capital Management, L.P. bought 17,079 shares of Ellsworth Growth and Income Fund stock. The stock was purchased at an average price of $11.47 per share, for a total transaction of $195,896.13.
On Friday, October 16th, Saba Capital Management, L.P. purchased 16,347 shares of Ellsworth Growth and Income Fund stock. The stock was acquired at an average price of $11.65 per share, for a total transaction of $190,442.55.
On Thursday, October 15th, Saba Capital Management, L.P. purchased 9,969 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average cost of $11.62 per share, with a total value of $115,839.78.
On Wednesday, October 14th, Saba Capital Management, L.P. purchased 56,083 shares of Ellsworth Growth and Income Fund stock. The shares were acquired at an average cost of $11.74 per share, with a total value of $658,414.42.

Ellsworth Growth and Income Fund Stock Performance

Shares of NYSEAMERICAN ECF opened at $11.58 on Wednesday. Ellsworth Growth and Income Fund Ltd. has a 12 month low of $10.70 and a 12 month high of $13.85. The company has a 50 day simple moving average of $12.01 and a two-hundred day simple moving average of $12.29.

Ellsworth Growth and Income Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 16th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 7.6%. This is a boost from Ellsworth Growth and Income Fund’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Wednesday, September 16th.

Institutional Investors Weigh In On Ellsworth Growth and Income Fund

Several hedge funds have recently added to or reduced their stakes in the business. Uhlmann Price Securities LLC grew its holdings in Ellsworth Growth and Income Fund by 3.4% during the third quarter. Uhlmann Price Securities LLC now owns 76,389 shares of the investment management company’s stock worth $895,000 after acquiring an additional 2,501 shares during the period. Blue Bell Private Wealth Management LLC lifted its holdings in Ellsworth Growth and Income Fund by 19.2% in the third quarter. Blue Bell Private Wealth Management LLC now owns 285,041 shares of the investment management company’s stock valued at $3,341,000 after acquiring an additional 45,897 shares during the period. Readystate Asset Management LP acquired a new position in Ellsworth Growth and Income Fund in the second quarter valued at approximately $154,000. Ruggaard & Associates LLC acquired a new position in Ellsworth Growth and Income Fund in the second quarter valued at approximately $248,000. Finally, Capstone Investment Advisors LLC purchased a new stake in Ellsworth Growth and Income Fund in the 2nd quarter worth approximately $1,076,000. 35.88% of the stock is owned by hedge funds and other institutional investors.

About Ellsworth Growth and Income Fund

(Get Free Report)

Ellsworth Growth and Income Fund, Inc (NYSE American: ECF) is a diversified closed-end management investment company. The fund seeks to provide investors with current income and long-term capital appreciation through a professionally managed portfolio of securities.

ECF invests primarily in convertible securities, including convertible bonds and convertible preferred stocks, as well as common stocks. Convertible securities may offer income while also providing the potential to participate in the equity appreciation of the underlying companies.