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Ellsworth Growth and Income Fund's Series A Preferred Shares Yield Pushes Past 6.5%

Source: Nasdaq

Credit & Bond MarketsCapital Returns (Dividends / Buybacks)Market Technicals & Flows

Ellsworth Growth and Income Fund’s ECF.PRA preferred shares were yielding above 6.5% during Thursday trading, based on an annualized dividend of $1.3124. Shares traded down to about $20.04, indicating a price move driven primarily by the income yield rather than a new corporate or earnings catalyst.

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