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MORRISTOWN, NJ--(MARKET WIRE)--Jan 12, 2009 -- Ellsworth Fund Ltd. (AMEX:ECF - News) today reported dividend and tax information for the year ended December 31, 2008.
Short- Long-
Record Payment Total Ordinary Qualified Term Term Dividend
Date Date Paid Per Income Dividends Capital Capital Reinvestment
2008 2008 Share Dividends (QDI) Gain Gain Price
------- ------- -------- --------- --------- ------- ------- ------------
Feb. 14 Feb. 28 $0.090 $0.090 $0.017264 $-- $-- $8.0196
May 15 May 29 0.090 0.090 0.018684 -- -- 8.2209
Aug. 14 Aug. 28 0.090 0.090 0.018403 -- -- 7.3257
Oct. 23 Nov. 26 0.103 0.103 0.025802 -- -- 4.2600
-------- --------- --------- ------- -------
0.373 0.373 0.080153 -- --The portion of each ordinary income dividend qualifying for the corporate dividends-received deduction, allowable to certain corporate shareholders, was 21%.
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
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