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Ellsworth Fund announces dividend

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    Morristown-based Ellsworth Fund Ltd. announced today pricing for its year-end dividend.

    The company announced today in a press release the price at which its beneficial shares will be issued to shareholders who elected to receive additional shares in payment of the 2013 year-end dividend will be $8.03. The issue price represents the closing price of the shares on the market on November 20, 2013, which was below the net asset value of $9.64 per share on that date. The dividend is payable on November 27, 2013.

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