Home | Contact | NAV & Stock Price | Monthly Portfolio Summary Ellsworth Fund Ltd. AUTOMATIC DIVIDEND INVESTMENT PLAN: Registered shareholders may participate in our reinvestment plan whereby all dividends and distributions are automatically invested in additional Ellsworth shares at the current market price or net asset value, whichever is lower (but not less than 95% of market price). When the market price is lower, American Stock Transfer & Trust Company (AST) as your agent, will combine your dividends with those of other Plan participants, and purchase shares in the market, thereby taking advantage of the lower commissions on larger purchases. Other than the commissions, there is no charge for this service. CASH PAYMENT PLAN: Plan participants may also voluntarily send cash payments of $100 to $10,000 per month to AST, to be combined with other Plan monies, for purchase of additional Ellsworth shares in the open market. You pay only a bank service charge of $1.25 per transaction, plus your proportionate share of the brokerage commission. All shares and fractional shares purchased will be held by AST in your dividend reinvestment account. At any time, you may instruct AST to sell all or any
portion of your account. Also, you may deposit with AST any Ellsworth share certificates
you hold, for a one-time fee of $7.50. To join the Plan, complete and mail the authorization form (PDF format - requires the freely available Adobe
Acrobat Reader to view and print) to the Agent. The address is at the top of the form. AST
may be reached at |