SOURCE: Ellsworth Fund Ltd.

November 22, 2010 12:00 ET

Ellsworth Fund Ltd. Releases Monthly Portfolio Data

MORRISTOWN, NJ--(Marketwire - November 22, 2010) - Ellsworth Fund Ltd. (NYSE Amex: ECF) has released unaudited monthly portfolio data for October including asset allocation, quality allocation, representative holdings and other fund characteristics.

The portfolio data will be posted on Ellsworth's website at Printed copies may be obtained by calling (973) 631-1177.

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 Amex Equities exchange under the ticker symbol ECF.

CUSIP# 289 074 106

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