One Of The Smallest Closed-End Funds Is Also A Great Buy [Seeking Alpha]
Ellsworth Growth and Income Fund Ltd. (ECF)
NASDAQ:AMEX Investor Relations:
gabelli.com/template/fundinfo.cfm?tid=ndezytc=&bid=n2eyma==&mid=njrmyzi=&num=nzm5y2y=&fid=zgnjna==&rid=421-=edoc_dnuf
Company Research
Source: Seeking Alpha
One Of The Smallest Closed-End Funds Is Also A Great Buy Summary ECF has a large discount and impressive track record of total returns and income growth. Its small size and management team indicate the fund may be terminated soon, providing investors with upside. ECF is a superior purchase to GCV or many other funds with a similar mandate. As an asset class and an option for retirees, CEFs have lost favor for many years in the age of the ETF. This is both unfortunate and an opportunity. It is unfortunate because many great CEFs that could One inefficiency that exists due to the NAV/market price dynamic is the instant reward when a fund is terminated, either by being merged with another fund or by being liquidated. Some activist investors, like the City of London An activist investor with a large enough portfolio can effectively make this happen. Individual investors, on the other hand, cannot, and some zombie funds can linger for many years before they are liquidated. For this reason,
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ECF
Sec Filings
- 12/13/24 - Form N-CEN
- 12/5/24 - Form N-CSR
- 11/29/24 - Form NPORT-P
- ECF's page on the SEC website