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ELLSWORTH GROWTH & INCOME FUND (ECF)

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Research analysts covering ELLSWORTH GROWTH & INCOME FUND.

Recent press releases and 8-K filings for ECF.

IMF Approves Disbursement to Ethiopia
ECF
Debt Issuance
New Projects/Investments
Guidance Update
  • The IMF approved an immediate $261 million disbursement to Ethiopia, bringing total program disbursements to approximately $2.18 billion under the four-year, $3.4 billion Extended Credit Facility (ECF) package.
  • Ethiopia's macroeconomic performance outperformed expectations, demonstrating strong growth, improving exports, stronger revenue mobilization, reserve accumulation, and falling inflation.
  • The IMF noted fiscal pressures, deviations in the FY2025/26 budget, and some missed structural benchmarks, requiring corrective measures.
  • Addis Ababa has reached a preliminary agreement with bondholders on restructuring its $1 billion Eurobond.
Jan 16, 2026, 7:59 PM
Ellsworth Growth and Income Fund Ltd. Increases Annual Distribution
ECF
Dividends
  • Ellsworth Growth and Income Fund Ltd. (ECF) increased its quarterly distribution by 20% to $0.19 per share from $0.16 per share.
  • This change brings the annualized distribution rate to $0.76 per share from $0.64 per share, with the increased distributions commencing in December 2025.
  • The increase reflects the Fund's NAV total return of 18% year to date.
Aug 26, 2025, 11:30 AM