Ellsworth Fund Declares $0.22/Share Dividend, Up 16%

Ellsworth Growth and Income Fund Ltd. declared a quarterly cash distribution of $0.22 per share, marking a 16% increase from the prior $0.19 per share. This distribution is payable on September 23, 2026, to common shareholders of record as of September 16, 2026. The Fund aims to distribute the greater of 5% of its trailing 12-month average month-end market price or the minimum required by the Internal Revenue Code for regulated investment companies. For 2026, distributions are estimated to comprise 5% from net investment income and 95% from net capital gains.