MORRISTOWN, NEW JERSEY, October 12, 2009 – The Board of Trustees of Ellsworth Fund Ltd.
(NYSE
Amex: ECF) declared
its ninety-third quarterly dividend today.
The $0.0985 per share dividend is payable from net investment
income on November 25, 2009 to shareholders of record October 22, 2009.
Shareholders Meeting
Date: The trustees also set January 15, 2010 as the date of the annual
shareholders meeting, with a record date of November 18, 2009.
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.
For further information please contact:
Gary I. Levine, Chief Financial Officer Ph. (973)
631-1177
|