SOURCE: Ellsworth Fund Ltd.

April 21, 2014 13:44 ET

Ellsworth Fund Ltd. Declares Quarterly Dividend

MORRISTOWN, NJ--(Marketwired - Apr 21, 2014) - The Board of Trustees of Ellsworth Fund Ltd. (NYSE MKT: ECF) today declared a dividend of 6 cents ($0.06) per share, payable on May 29, 2014 to shareholders of record May 15, 2014. The dividend consists of net investment income.

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.

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