Saba Capital Management disclosed a $48,711 purchase of Ellsworth Growth & Income Fund Ltd. common stock in a regulatory filing dated August 28, 2026.
The hedge fund, acting through directors Zachary Gindes and Boaz Weinstein, acquired 3,900 shares of ECF at $12.49 per share on August 27, 2026. The transaction raised Saba Capital’s indirect beneficial ownership to 1,615,462 shares, according to the Form 4 filing.
Ellsworth Growth & Income Fund, listed under the ticker ECF, is a closed-end fund focused on income-generating investments. The latest stake increase follows prior disclosures of Saba Capital’s growing position in the fund.
