Business Description
Ellsworth Growth and Income Fund Ltd. is a U.S.-based closed-end fund that has been operating since 1986, managed by Gabelli Funds LLC under the broader GAMCO Investors Inc. umbrella. The fund focuses primarily on convertible securities across companies of all sizes, giving investors exposure to a blend of fixed-income stability and equity growth potential. Its performance is measured against several key market benchmarks, including the S&P 500 Index and two leading convertibles indices.