Mario J. Gabelli - Jul 1, 2022 Form 4 Insider Report for ELLSWORTH GROWTH & INCOME FUND LTD (ECF)

Role
Director, Control Person of Adviser
Signature
Douglas R. Jamieson as Attorney-in-Fact for Mario J. Gabelli
Stock symbol
ECF
Transactions as of
Jul 1, 2022
Transactions value $
$7,900,000
Form type
4
Date filed
7/7/2022, 05:00 PM
Previous filing
Jul 1, 2022
Next filing
Jul 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECF Series B Cumulative Preferred Shares Purchase $1.9M +190K $10.00 190K Jul 1, 2022 Direct
transaction ECF Series B Cumulative Preferred Shares Purchase $1.5M +150K $10.00 150K Jul 1, 2022 GGCP, Inc. F1
transaction ECF Series B Cumulative Preferred Shares Purchase $1.5M +150K $10.00 150K Jul 1, 2022 Associated Capital Group, Inc. F2
transaction ECF Series B Cumulative Preferred Shares Purchase $2M +200K $10.00 200K Jul 1, 2022 GPJ Retirement Partners F3
transaction ECF Series B Cumulative Preferred Shares Purchase $1M +100K $10.00 100K Jul 1, 2022 Investment Partnerships F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported reflect the total shares owned by GGCP, Inc. (GGCP). Mario J. Gabelli is the Chief Executive Officer, a director, and the controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.
F2 The shares reported reflect the total shares owned by Associated Capital Group, Inc. (ACG). Mario J. Gabelli is the Executive Chairman and controlling shareholder of ACG. Mr. Gabelli has less than a 100% interest in ACG and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.
F3 The shares reported reflect the total shares owned by GPJ Retirement Partners, LLC, a limited liability company. Mr. Gabelli has less than a 100% interest in the entity and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.
F4 Shares are owned by MJG Associates and Gabelli Performance Partners. MJG Associates provides advisory services to private investment partnerships and offshore funds. Mario Gabelli is the sole shareholder, director and employee of MJG Associates. MJG Associates is the investment adviser of Gabelli Performance Partners.