MORRISTOWN, NEW JERSEY, April 11, 2011 – The Board of Trustees of Ellsworth Fund Ltd. (NYSE Amex: ECF) declared
its ninety-ninth quarterly dividend today.
The $0.061 per share dividend is payable from net investment
income on May 26, 2011 to shareholders of record May 12, 2011.
Ellsworth Fund Ltd. operates as a closed-end, diversified management
investment company and invests primarily in convertible securities, with the
objectives of providing income and the potential for capital appreciation;
which objectives the Fund considers to be relatively equal, over the
long-term, due to the nature of the securities in which it invests. Its
shares are traded on the NYSE Amex Exchange under the ticker symbol
Cusip# 289 074 106
For further information please contact:
Gary I. Levine, Chief Financial Officer
Fax (973) 631-9893