CHI: More Trouble Covering The Distribution Plus An Enormous Premium

Weekly Report: what happened at ECF last week (0415-0419)?

Weekly Report: what happened at ECF last week (0408-0412)?

NCZ: Good Concept, But This Convertible Fund Does Not Measure Up

The Virtus Convertible & Income Fund II is a closed-end fund that invests in a combination of convertible bonds, common stock, and fixed-income securities. The fund has a 12.59% yield, which is attractive compared to other asset types. However, the fund has significantly underperformed its peers over the past several years. It is a good concept, but the fund's valuation is questionable.

ECF: Convertible Exposure At An Attractive Discount

The Ellsworth Growth and Income Fund has made a strong recovery since our last update. The fund continues to trade at an attractive discount to its net asset value per share. ECF's portfolio provides diversified exposure to mostly convertibles but also includes some equity exposure. Saba Capital Management owns a small slice of the fund.

Weekly Report: what happened at ECF last week (0401-0405)?

ECF: Very Attractive Yield And Valuation, But Performance Disappoints

The Ellsworth Growth and Income Fund Ltd offers a high level of income without sacrificing potential upside from common stocks. The ECF closed-end fund's recent performance has been disappointing, with a 41.67% share price decline over the past three years. The fund appears to be fully covering its distribution and trades at a very attractive valuation. ECF: Very Attractive Yield and Valuation, But Performance Disappoints.

Weekly Report: what happened at ECF last week (0325-0329)?

Weekly Report: what happened at ECF last week (0318-0322)?

Weekly Report: what happened at ECF last week (0311-0315)?

Ellsworth Growth and Income Fund goes ex-dividend tomorrow

Weekly Report: what happened at ECF last week (0304-0308)?

Weekly Report: what happened at ECF last week (0226-0301)?

Weekly Report: what happened at ECF last week (0219-0223)?

Weekly Report: what happened at ECF last week (0212-0216)?

Press Release: Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 per share cash distribution payable on March 21, 2024 to common shareholders of record on March 14, 2024. The Fund intends to pay the greater of 5% of the Fund's trailing 12-month average market price.

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

Weekly Report: what happened at ECF last week (0205-0209)?

Closed-End Funds Sport Historic Discounts, High Yields. What to Buy Now.

Investors in closed-end funds trade at historically large discounts. While the Federal Reserve was jacking up interest rates, CEFs got squeezed. Investors in high-yielding money-market funds should consider switching to longer-term funds. The main attraction of CEFs is a higher yield.

Weekly Report: what happened at ECF last week (0129-0202)?