Mario J. Gabelli - Jun 26, 2024 Form 4 Insider Report for ELLSWORTH GROWTH & INCOME FUND LTD (ECF.B)

Role
Director, Control Person of Adviser
Signature
Douglas R. Jamieson as Attorney-in-Fact for Mario J. Gabelli
Stock symbol
ECF.B
Transactions as of
Jun 26, 2024
Transactions value $
-$1,000,000
Form type
4
Date filed
6/28/2024, 03:43 PM
Previous filing
Jun 27, 2024
Next filing
Jul 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECF.B Series B Cumulative Preferred Shares Other -$500K -50K -17.24% $10.00 240K Jun 26, 2024 Direct F1
transaction ECF.B Series B Cumulative Preferred Shares Other -$500K -50K -33.33% $10.00 100K Jun 26, 2024 GPJ Retirement Partners F1, F2
holding ECF.B Series B Cumulative Preferred Shares 125K Jun 26, 2024 Associated Capital Group, Inc. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were surrendered in accordance with Right to Put to the Fund up to 100% of Outstanding Series B Cumulative Preferred Shares
F2 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.
F3 The shares reported reflect the total shares owned by Associated Capital Group, Inc. (AC). Mario J. Gabelli is the Executive Chair and controlling shareholder of AC. Mr. Gabelli has less than a 100% interest in AC and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.