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Saba Capital Management buys $94,380 in Ellsworth Growth & Income Fund stock

Published 10/04/2025, 16:34
Saba Capital Management buys $94,380 in Ellsworth Growth & Income Fund stock
ECF
0.66%

In a recent transaction, Saba Capital Management, L.P., a prominent investment firm, acquired 11,276 shares of Ellsworth Growth & Income Fund Ltd (NYSEAMERICAN:ECF), according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a price of $8.37 each, totaling approximately $94,380.

Following this acquisition, Saba Capital Management now holds a total of 1,545,610 shares in the fund. The filing, dated April 8, 2025, indicates that the transaction was executed as part of the firm's ongoing investment strategy. Saba Capital Management, led by Boaz Weinstein, is recognized as a ten percent owner of Ellsworth Growth & Income Fund.

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