Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Stock: Insider Saba Capital Management, L.P. Buys 2,618 Shares

Posted by Stuart Ham on Oct 29th, 2026

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report) major shareholder Saba Capital Management, L.P. purchased 2,618 shares of the company’s stock in a transaction on Monday, October 26th. The stock was acquired at an average price of $11.43 per share, with a total value of $29,923.74. Following the completion of the purchase, the insider directly owned 1,795,073 shares in the company, valued at $20,517,684.39. This trade represents a 0.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major 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 Tuesday, October 27th, Saba Capital Management, L.P. acquired 400 shares of Ellsworth Growth and Income Fund stock. The shares were bought at an average cost of $11.63 per share, with a total value of $4,652.00.
On Wednesday, October 21st, Saba Capital Management, L.P. acquired 2,600 shares of Ellsworth Growth and Income Fund stock. The shares were bought 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. acquired 1,830 shares of Ellsworth Growth and Income Fund stock. The shares were bought 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. acquired 17,079 shares of Ellsworth Growth and Income Fund stock. The shares were bought 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. bought 16,347 shares of Ellsworth Growth and Income Fund stock. The stock was bought at an average cost of $11.65 per share, for a total transaction of $190,442.55.
On Thursday, October 15th, Saba Capital Management, L.P. bought 9,969 shares of Ellsworth Growth and Income Fund stock. The stock was bought at an average cost of $11.62 per share, for a total transaction of $115,839.78.
On Wednesday, October 14th, Saba Capital Management, L.P. bought 56,083 shares of Ellsworth Growth and Income Fund stock. The shares were bought at an average price of $11.74 per share, with a total value of $658,414.42.
On Monday, October 12th, Saba Capital Management, L.P. bought 14,600 shares of Ellsworth Growth and Income Fund stock. The shares were bought at an average price of $12.03 per share, with a total value of $175,638.00.
On Thursday, October 8th, Saba Capital Management, L.P. bought 27,937 shares of Ellsworth Growth and Income Fund stock. The shares were bought at an average cost of $11.95 per share, with a total value of $333,847.15.
On Wednesday, October 7th, Saba Capital Management, L.P. bought 17,548 shares of Ellsworth Growth and Income Fund stock. The shares were bought at an average cost of $11.97 per share, with a total value of $210,049.56.

Ellsworth Growth and Income Fund Trading Up 1.1%

Shares of NYSEAMERICAN ECF opened at $11.82 on Thursday. The firm’s fifty day moving average is $12.08 and its two-hundred day moving average is $12.30. Ellsworth Growth and Income Fund Ltd. has a 52-week low of $10.70 and a 52-week high of $13.85.

Ellsworth Growth and Income Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 16th were issued a dividend of $0.22 per share. 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. This represents a $0.88 annualized dividend and a dividend yield of 7.4%.

Institutional Investors Weigh In On Ellsworth Growth and Income Fund

Several large investors have recently made changes to their positions in ECF. Global Retirement Partners LLC purchased a new stake in shares of Ellsworth Growth and Income Fund during the 2nd quarter worth approximately $28,000. Readystate Asset Management LP bought a new position in shares of Ellsworth Growth and Income Fund during the 2nd quarter valued at approximately $154,000. Beckerman Institutional LLC bought a new position in shares of Ellsworth Growth and Income Fund during the 2nd quarter valued at approximately $169,000. Ruggaard & Associates LLC bought a new position in shares of Ellsworth Growth and Income Fund during the 2nd quarter valued at approximately $248,000. Finally, K2 Principal Fund L.P. purchased a new position in shares of Ellsworth Growth and Income Fund in the second quarter valued at $325,000. 35.88% of the stock is owned by 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.