Ellsworth Growth and Income Fund Ltd. Increases Quarterly Distribution 16% to $0.22 Per Share From $0.19 Per Share
Ellsworth Growth and Income Fund Ltd. announced a 16% increase in its quarterly cash distribution to $0.22 per share, up from $0.19. The Fund aims to maintain an annual distribution of at least 5% of its trailing 12-month average market price and is managed to balance income and capital appreciation over the long-term, primarily investing in conver…