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Ellworth growth & income fund sees $9,110 stock purchase by major owner

Published 05/05/2025, 15:24
Ellworth growth & income fund sees $9,110 stock purchase by major owner
ECF
0.66%

In recent activity disclosed through an SEC filing, Ellsworth Growth & Income Fund Ltd (NYSE:ECF) reported a significant stock purchase by Saba Capital Management, L.P., a major shareholder. On May 1, 2025, Saba Capital acquired 1,000 shares of common stock at a price of $9.11 per share, amounting to a total transaction value of $9,110. This purchase increases Saba Capital’s holdings to 1,599,038 shares in the fund.

The filing also lists Boaz Weinstein as a significant owner, alongside Saba Capital Management. Both entities are based in New York and are recognized as ten percent owners of the fund. The transaction reflects ongoing interest and investment by these major stakeholders in the financial performance of Ellsworth Growth & Income Fund.

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