MORRISTOWN, NEW JERSEY, July 16, 2010 – The Board of Trustees of Ellsworth Fund Ltd. (NYSE Amex: ECF) declared
its ninety-sixth quarterly dividend today.
The $0.0675 per share dividend is payable from net investment
income on August 26, 2010 to shareholders of record August 12, 2010.
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
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