/EINPresswire.com/ -- MORRISTOWN, NJ -- (Marketwired) -- 10/23/15 -- Ellsworth Growth and Income Fund Ltd. (NYSE MKT: ECF) today reported unaudited earnings, financial highlights and certain portfolio information for the twelve months ended September 30, 2015:

                EARNINGS REPORT
                                                    Twelve Months Ended
                                                        September 30
                                               -----------------------------

                                                    2015            2014

Net Income                                        $1,921,000      $1,852,000
  Per Share                                            $0.15           $0.14
Shares Outstanding                                12,798,717      13,140,692
Total Net Assets                                $120,948,000    $135,267,000
Net Asset Value Per Share                              $9.45          $10.29

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                FUND STATISTICS

Market price                                           $7.82
Net asset value (NAV)                                  $9.45
Premium/(Discount)                                    (17.25)%
Total Net Assets                                $120,948,000
12-month distribution, includes capital gains
 and return-of-capital                                $0.675
Ratio of expenses                                        1.1%
Ratio of net income                                      1.4%
Portfolio turnover                                        45%
Shares outstanding                                12,798,717

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             TEN LARGEST HOLDINGS
          by underlying common stock
                                                    % of Net
                                                      Assets
Allergan plc                                             1.8
Gilead Sciences, Inc.                                    1.8
Equinix, Inc.                                            1.7
The Priceline Group Inc.                                 1.7
Church & Dwight Co., Inc.                                1.4
Huntington Bancshares, Inc.                              1.4
Jarden Corp.                                             1.4
Molina Healthcare Inc.                                   1.4
NXP Semiconductors N.V.                                  1.4
Wells Fargo & Co.                                        1.4

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               SECTOR WEIGHTINGS
                                                    % of Net
                                                      Assets
Consumer Discretionary                                   9.4
Consumer Staples                                         6.6
Energy                                                   3.8
Financials                                              17.5
Health Care                                             20.9
Industrials                                              6.4
Information Technology                                  24.0
Materials                                                0.0
Telecommunication Services                               7.2
Utilities                                                2.1

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               ASSET ALLOCATION
                                                    % of Net
                                                      Assets
Convertible Bonds & Notes                               46.8
Convertible Preferred Stock                              8.7
Mandatory Convertible Securities                        12.3
Common Stock                                            30.2
Cash & Equivalents                                       2.0


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Data is unaudited and as of September 30, 2015. This select information should be read in conjunction with the financial statements and notes included in the Company's Semi-Annual Report to Shareholders for the six months ended March 31, 2015.

Detailed portfolio information is available on our website (www.ellsworthfund.com). Contact us by email at info@ellsworthfund.com or call us at (973) 631-1177.

Ellsworth Growth and Income Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities and common stock, 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 LLC under the ticker symbol ECF.

Cusip 289074106

For further information please contact:
Gary I. Levine
Chief Financial Officer
Ph. (973) 631-1177
info@ellsworthfund.com
www.ellsworthfund.com

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