ECF 10% Owner Saba Capital Management, L.P. Buys $30K of Stock

Ten-percent owner Saba Capital Management, L.P. purchased 2,600 shares of Ellsworth Growth and Income Fund Ltd. (ECF) on October 21, 2026, according to a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction was executed at a price of $11.58 per share, totaling about $30,108.

ECF Ellsworth Growth and Income Fund Ltd.

$11.80 ▲ +6.21% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Inside Saba Capital Management's Ellsworth Growth and Income Fund Ltd. Trade

The acquisition brought the firm's total share count to 1,792,455 shares, which represents a roughly 0.15% increase in its holding. The trade followed several other purchases by the 10% owner during the month of October.

Other Institutional Activity in Ellsworth Growth and Income Fund Ltd.

Saba Capital Management, L.P. held 1,604,273 shares worth about $18,609,567 as of June 30, 2026, showing no change in its reported baseline position at that time. SIT Investment Associates Inc grew its holdings by 3,639 shares, ending with 936,651 shares worth about $10,865,151. Wells Fargo & Company reduced its stake by 15,826 shares, ending with 931,846 shares worth about $10,809,413. Advisors Asset Management, Inc. cut its position by 2,473 shares, leaving it with 402,884 shares valued at roughly $4,673,454. Blue Bell Private Wealth Management, LLC grew its stake by 30,939 shares, or 14.9%, to end with 239,144 shares worth about $2,774,070.

Ellsworth Growth and Income Fund Ltd. Stock Up 3.1%

The stock closed at $11.80 on October 21, 2026, and recently traded around that same level. Shares sit below both the 50-day moving average of $12.26 and the 200-day moving average of $12.31.

Recent Earnings

The closed-end fund reported trailing twelve-month revenue of $4,794,184 and earnings of $3.11 per share. Its return on equity stood at 22.7% alongside a net profit margin of 897.9%.

Dividend

The fund pays an annual dividend rate of $0.88 per share, which translates to a dividend yield of 7.69%. The payout ratio was 29.5%.

Insider Buying and Selling at Ellsworth Growth and Income Fund Ltd.

The latest transaction builds on a busy stretch of buying by Saba Capital Management, L.P. earlier in October. On October 16, the firm bought 16,347 shares at $11.65 each for a total of $190,442.55. On October 19, it added 17,079 shares at $11.47 apiece, totaling $195,896.13. Another entity filing under L.P. Saba Capital Management acquired 33,426 shares on October 19 for $386,339, and followed up with a purchase of 1,830 shares at $11.39 on October 20, worth $20,844.

About Ellsworth Growth and Income Fund Ltd.

Ellsworth Growth and Income Fund Ltd. is a closed-end equity mutual fund managed by Gabelli Funds, LLC and launched by GAMCO Investors, Inc. Headquartered in Rye, New York, the fund invests primarily in convertible securities across various market capitalizations.

Bottom Line

Investors tracking Ellsworth Growth and Income Fund Ltd. will monitor future SEC filings from Saba Capital Management to see if the firm continues to add to its position.