Ellsworth Fund Ltd. Announces Dividend and Tax Information for the Year Ended December 31, 2008

* Reuters is not responsible for the content in this press release.

Mon Jan 12, 2009 12:27pm EST 

  MORRISTOWN, NJ, Jan 12 (MARKET WIRE) -- 
Ellsworth Fund Ltd. (AMEX: ECF) 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

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.