Saba capital management, 10% owner, buys $145k in Ellsworth stock By Investing.com

Saba Capital Management, L.P., a 10% owner of ELLSWORTH GROWTH & INCOME FUND LTD (), recently acquired shares totaling $145,298. The purchases occurred over two separate transactions in early September 2026.

On September 3, 2026, Saba Capital Management, L.P. purchased 5,000 shares at a price of $12.25 per share. The following day, September 4, 2026, an additional 6,800 shares were acquired at $12.36 per share. The prices paid for the shares ranged between $12.25 and $12.36. The stock currently trades at $12.44, reflecting a strong 19% gain over the past year, with shares trading at an attractive P/E ratio of 4.1.

Following these transactions, Saba Capital Management, L.P. beneficially owns 1,628,462 shares of ELLSWORTH GROWTH & INCOME FUND LTD. The filing indicates an indirect beneficial ownership of these securities.

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  • Ramit Sethi

    Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.

Ramit Sethi

Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.