Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Stock: Insider Saba Capital Management, L.P. Buys 7,747 Shares

Posted by Teresa Graham on Nov 6th, 2026

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 7,747 shares of Ellsworth Growth and Income Fund stock in a transaction dated Thursday, November 5th. The shares were acquired at an average price of $11.34 per share, with a total value of $87,850.98. Following the transaction, the insider owned 1,821,810 shares in the company, valued at approximately $20,659,325.40. This represents a 0.43% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Friday, October 30th, Saba Capital Management, L.P. purchased 11,565 shares of Ellsworth Growth and Income Fund stock. The stock was bought at an average price of $11.77 per share, with a total value of $136,120.05.
On Thursday, October 29th, Saba Capital Management, L.P. bought 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. bought 1,050 shares of Ellsworth Growth and Income Fund stock. The stock was acquired at an average price of $11.75 per share, with a total value of $12,337.50.
On Tuesday, October 27th, Saba Capital Management, L.P. acquired 400 shares of Ellsworth Growth and Income Fund stock. The shares were acquired 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. acquired 2,618 shares of Ellsworth Growth and Income Fund stock. The stock was bought at an average price of $11.43 per share, for a total transaction of $29,923.74.
On Wednesday, October 21st, Saba Capital Management, L.P. acquired 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. purchased 1,830 shares of Ellsworth Growth and Income Fund stock. The stock was purchased at an average cost of $11.39 per share, with a total value of $20,843.70.
On Monday, October 19th, Saba Capital Management, L.P. purchased 17,079 shares of Ellsworth Growth and Income Fund stock. The shares were acquired 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 bought at an average cost of $11.65 per share, with a total value 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 bought at an average price of $11.62 per share, for a total transaction of $115,839.78.

Ellsworth Growth and Income Fund Stock Performance

NYSEAMERICAN:ECF traded up $0.07 during midday trading on Friday, reaching $11.37. The stock had a trading volume of 20,261 shares, compared to its average volume of 32,147. Ellsworth Growth and Income Fund Ltd. has a 1-year low of $10.70 and a 1-year high of $13.85. The firm’s fifty day simple moving average is $11.97 and its 200-day simple moving average is $12.28.

Ellsworth Growth and Income Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders 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 7.7%. The ex-dividend date of this dividend was Wednesday, September 16th. This is a boost from Ellsworth Growth and Income Fund’s previous quarterly dividend of $0.19.

Institutional Trading of Ellsworth Growth and Income Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capstone Investment Advisors LLC bought a new position in shares of Ellsworth Growth and Income Fund during the 2nd quarter worth approximately $1,076,000. Evolve Private Wealth LLC bought a new stake in Ellsworth Growth and Income Fund in the second quarter valued at $875,000. Blue Bell Private Wealth Management LLC grew its position 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. K2 Principal Fund L.P. bought a new stake in Ellsworth Growth and Income Fund in the second quarter valued at $325,000. Finally, Ruggaard & Associates LLC acquired a new position in Ellsworth Growth and Income Fund during the second quarter worth $248,000. Institutional investors own 35.88% of the company’s stock.

Ellsworth Growth and Income Fund Company Profile

(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.