Ellsworth Growth and Income Fund Ltd. is a mutual fund that invests in public equity markets, primarily in convertible securities and stocks across market capitalizations. The fund benchmarks its portfolio performance against several indices including the Bank of America Merrill Lynch All U.S. Convertibles Index and S&P 500 Index. It was launched by GAMCO Investors, Inc. on June 27, 1986, and is managed by Gabelli Funds, LLC in the US.