Group 1 - The Board of Trustees of Ellsworth Growth and Income Fund Ltd. has increased the quarterly distribution to $0.19 per share, a 20% increase from the previous $0.16 per share [1] - The new distribution will commence in December 2025, raising the annualized distribution rate from $0.64 to $0.76 per share [1] - The increase in distribution reflects the Fund's strong NAV total return of 18% year to date [1] Group 2 - Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with total net assets of $199 million [2] - The Fund primarily invests in convertible securities and common stock, aiming to provide income and potential capital appreciation [2] - Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc., manages the Fund [2]