MORRISTOWN, NEW JERSEY, January
15, 2010 – The Board of Trustees of Ellsworth Fund Ltd. (NYSE Amex: ECF) declared
its ninety-fourth quarterly dividend today.
The $0.0675 per share dividend is payable from net investment
income on February 25, 2010 to shareholders of record February 11, 2010.
The following actions were taken at the Annual Shareholders meeting held on
Friday, January 15th: (1) two trustees were elected and (2) the selection of
Tait, Weller & Baker LLP as independent auditors for the 2010 fiscal year
was ratified.
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
ECF.
Cusip# 289 074 106
For further information please contact:
Gary I. Levine, Chief Financial Officer
Ph. (973)
631-1177
Fax (973) 631-9893
|