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Ellsworth Growth and Income Fund offers a 12.4% NAV discount and 5.73% yield with strong long-term performance.

Market News
24 Jun 2026
Seeking Alpha
View Source
Bullish
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Ellsworth Growth and Income Fund (ECF), managed by Gabelli Funds, provides a balanced portfolio of convertible securities and common stocks aiming for capital growth and income. It currently trades at a 12.4% discount to its net asset value (NAV) and offers a 5.73% dividend yield, outperforming peers over 3 and 10 years on a NAV basis. The fund uses moderate leverage and sector diversification to maintain a defensive profile, while active management seeks tactical gains. Its preferred stock ECF.PR.A yields 6.4%, has an A1 credit rating, and suits conservative investors despite limited liquidity.

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Segro rejects Prologis takeover bid, FTSE 100 opens mixed amid UK political changes

Segro rejects Prologis takeover bid, FTSE 100 opens mixed amid UK political changes

Segro, a major UK logistics property group, rejected a £12.6 billion all-share takeover offer from US warehouse landlord Prologis, which values Segro at 925p per share. This move has sparked investor interest in the UK property sector, lifting shares...

Market News
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4 hours ago
Shapermint expands to 1,600 more Walmart stores nationwide, boosting retail presence.

Shapermint expands to 1,600 more Walmart stores nationwide, boosting retail presence.

Shapermint, a size-inclusive shapewear brand, is expanding its retail footprint by adding 1,600 Walmart stores across the U.S. This move follows the brand's successful Walmart launch last year and meets growing consumer demand for comfortable, access...

Market News
Bullish
4 hours ago
lululemon remains a Strong Buy despite 50% stock drop and undervaluation

lululemon remains a Strong Buy despite 50% stock drop and undervaluation

lululemon athletica's stock has dropped 50% and underperformed the market, trading at a low 10x forward P/E, 36% below the sector median. Despite this, strong international sales, premium margins, and a low-leverage capital structure suggest the stoc...

Analyst Insights
Bullish
4 hours ago
Primary Health Properties shares rise on talks for hospital portfolio joint venture

Primary Health Properties shares rise on talks for hospital portfolio joint venture

Primary Health Properties PLC shares increased by 2.9% following confirmation that the company is in advanced discussions to form a joint venture involving its private hospital portfolio. The healthcare property investor is exploring options to enhan...

Company Fundamentals
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4 hours ago
SpaceX debuts on Nasdaq, closing first day above $2tn valuation driven by Starlink revenue.

SpaceX debuts on Nasdaq, closing first day above $2tn valuation driven by Starlink revenue.

SpaceX went public on Nasdaq in June 2026, closing its first trading day with a market valuation exceeding $2 trillion. The company's high valuation is largely driven by Starlink, which generated $11.4 billion in revenue in 2025, accounting for about...

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