MORRISTOWN, NJ, Jan. 11, 2010 (Marketwire) --
MORRISTOWN, NJ -- (Marketwire) -- 01/11/10 -- Ellsworth Fund Ltd. (NYSE Amex: ECF) today reported dividend and tax information for the year ended December 31, 2009.
Short- Long-
Record Payment Total Ordinary Qualified Term Term Dividend
Date Date Paid Per Income Dividends Capital Capital Reinvestment
2009 2009 Share Dividends (QDI) Gain Gain Price
------- ------- -------- --------- --------- ------- ------- ------------
Feb. 12 Feb. 26 $0.0750 $0.0750 $0.016872 $- $- $4.8188
May 14 May 28 0.0750 0.0750 0.017155 - - 5.4641
Aug. 13 Aug. 27 0.0650 0.0650 0.014785 - - 6.0420
Oct. 22 Nov. 25 0.0985 0.0985 0.016789 - - 6.1800
-------- --------- --------- ------- -------
0.3135 0.3135 0.065601 - -
The portion of each ordinary income dividend qualifying for the corporate dividends-received deduction, allowable to certain corporate shareholders, was 20%.
None of the dividends paid during the year represented a return of capital.
There were no year-end reallocations or reclassifications of income or gains.
There was no interest earned on direct obligations of the U.S. Government.
Further financial details are available on the Company's website: www.ellsworthfund.com.
Cusip 289074106
For further information please contact:
Gary I. Levine
Exec. VP & CFO
Ph. (973) 631-1177
Fax (973) 631-9893
http://www.ellsworthfund.com
