MORRISTOWN, NJ, Apr. 12, 2010 (Marketwire) --
MORRISTOWN, NJ -- (Marketwire) -- 04/12/10 -- The Board of Trustees of Ellsworth Fund Ltd. (NYSE Amex: ECF) declared its ninety-fifth quarterly dividend today.
The $0.0675 per share dividend is payable from net investment income on May 27, 2010 to shareholders of record May 13, 2010.
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 Exchange under the ticker symbol ECF.
CUSIP# 289 074 106
For further information please contact:
Gary I. Levine, Chief Financial Officer
Ph. (973) 631-1177
Fax (973) 631-9893
www.ellsworthfund.com




