| Business Summary | | Ellsworth
Convertible
Growth
and
Income
Fund,
Inc.
operates
as
a
closed-end,
diversified
management
investment
company
and
invests
primarily
in
convertible
securities,
with
the
objectives
of
providing
income
and
the
potential
for
capital
appreciation,
which
objectives
the
Company
considers
to
be
relatively
equal,
over
the
long-term,
due
to
the
nature
of
the
securities
in
which
it
invests.
The
Fund
has
investments
in
various
companies
that
include,
among
others,
Time
Warner,
Inc.,
Costco
Wholesale
Corp.,
The
Walt
Disney
Corp.,
and
Nextel
Communications,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ellsworth
Convertible
Growth
and
Income
Fund
is
a
closed-end,
diversified
management
investment
company
which
invests
in
convertible
securities
with
the
objective
of
providing
income
and
the
potential
for
capital
appreciation.
For
the
six
months
ended
3/31/01,
investment
income
totaled
$3.5
million.
Net
investment
income
totaled
$2.9
million.
Net
decrease
inassets
from
operations
totaled
$9.6
million.
Net
asset
value
per
share
fell
from
$11.82
on
9/30/00,
to
$9.13
on
3/31/01. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Thomas Dinsmore, 47 | Chairman
and CEO | Jane O'Keeffe, 45 | Pres | Sigmund Levine, 76 | Sr.
VP and Sec. | H. Tucker Lake, 53 | Pres,
Trading | Germaine Ortiz, 41 | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|