ECF

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)?