SOURCE: Ellsworth Fund Ltd.

April 22, 2013 13:42 ET

Ellsworth Fund Ltd. Declares Quarterly Dividend

MORRISTOWN, NJ--(Marketwired - Apr 22, 2013) - The Board of Trustees of Ellsworth Fund Ltd. (NYSE MKT: ECF) today declared the Fund's one hundred and seventh quarterly dividend.

The 6 cents ($0.06) per share dividend is payable from net investment income on May 30, 2013 to shareholders of record May 16, 2013.

Ellsworth Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities, with the objectives of providing income and the potential for capital appreciation; which objectives the Fund considers to be relatively equal, over the long-term, due to the nature of the securities in which it invests. Its shares are traded on the NYSE MKT Exchange under the ticker symbol ECF.

CUSIP# 289 074 106

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