NPORT-EX 2 GB45EllsworthGrwthIncFdLtd.htm

FOR VALIDATION PURPOSES ONLY - [52292.TX]

Ellsworth Growth and Income Fund Ltd.

Schedule of Investments — June 30, 2020 (Unaudited)

Principal Amount						Market Value
				CONVERTIBLE CORPORATE BONDS — 64.4%
				Aerospace — 1.9%
	$  1,000,000			Aerojet Rocketdyne Holdings Inc.,
				2.250%, 12/15/23		$	1,603,495
	2,038,000			Kaman Corp.,
				3.250%, 05/01/24			1,958,210
							3,561,705
				Airlines — 0.6%
	930,000			Southwest Airlines Co.,
				1.250%, 05/01/25			1,121,609
				Business Services — 1.2%
	2,000,000			Perficient Inc.,
				2.375%, 09/15/23			2,335,508
				Cable and Satellite — 1.5%
	2,000,000			DISH Network Corp.,
				3.375%, 08/15/26			1,842,229
	1,525,000			Global Eagle Entertainment Inc.,
				2.750%, 02/15/35			127,257
	1,000,000			Liberty Latin America Ltd.,
				2.000%, 07/15/24(a)			796,875
							2,766,361
				Communications Equipment — 3.3%
	1,750,000			Harmonic Inc.,
				2.000%, 09/01/24(a)			1,564,063
	1,870,000			InterDigital Inc.,
				2.000%, 06/01/24			1,859,435
	1,250,000			Lumentum Holdings Inc., Ser. QIB,
				0.500%, 12/15/26(a)			1,318,750
	1,500,000			Vocera Communications Inc.,
				1.500%, 05/15/23			1,458,237
							6,200,485
				Computer Software and Services — 21.3%
	1,500,000			Bandwidth Inc.,
				0.250%, 03/01/26(a)			2,242,801
	1,000,000			Blackline Inc.,
				0.125%, 08/01/24(a)			1,277,733
	695,000			Cloudflare Inc.,
				0.750%, 05/15/25(a)			840,950
				Coupa Software Inc.,
	870,000			0.125%, 06/15/25			1,585,833
	1,375,000			0.375%, 06/15/26(a)			1,594,671
	2,500,000			CSG Systems International Inc.,
				4.250%, 03/15/36			2,553,500
	1,035,000			Datadog Inc.,
				0.125%, 06/15/25(a)			1,227,047
	2,030,000			Everbridge Inc.,
				0.125%, 12/15/24(a)			2,763,545
	1,500,000			Evolent Health Inc.,
				1.500%, 10/15/25			950,625

Principal Amount						Market Value
	$   515,000			HubSpot Inc.,
				0.375%, 06/01/25(a)		$	552,337
	2,000,000			i3 Verticals LLC,
				1.000%, 02/15/25(a)			1,910,667
	1,250,000			LivePerson Inc.,
				0.750%, 03/01/24			1,552,625
	2,000,000			Match Group Financeco 3 Inc.,
				2.000%, 01/15/30(a)			2,597,029
	1,250,000			MercadoLibre Inc.,
				2.000%, 08/15/28			2,863,141
	782,000			Nice Systems Inc.,
				1.250%, 01/15/24			1,790,540
	2,000,000			PAR Technology Corp.,
				2.875%, 04/15/26(a)			1,869,202
	2,125,000			Pluralsight Inc.,
				0.375%, 03/01/24			1,886,649
	1,700,000			PROS Holdings Inc.,
				1.000%, 05/15/24(a)			1,649,833
	1,735,000			Q2 Holdings Inc.,
				0.750%, 06/01/26			1,978,814
	1,000,000			RealPage Inc.,
				1.500%, 05/15/25			1,080,222
				Splunk Inc.,
	1,500,000			1.125%, 09/15/25			2,207,431
	685,000			1.125%, 06/15/27(a)			733,193
	1,045,000			Varonis Systems Inc.,
				1.250%, 08/15/25(a)			1,221,788
	1,500,000			Workiva Inc.,
				1.125%, 08/15/26(a)			1,379,400
							40,309,576
				Consumer Products — 1.8%
	1,050,000			Farfetch Ltd.,
				3.750%, 05/01/27(a)			1,427,344
	1,045,000			National Vision Holdings Inc.,
				2.500%, 05/15/25(a)			1,251,976
	695,000			Under Armour Inc.,
				1.500%, 06/01/24(a)			789,944
							3,469,264
				Consumer Services — 2.6%
	525,000			Callaway Golf Co.,
				2.750%, 05/01/26(a)			649,176
	1,500,000			Extra Space Storage LP,
				3.125%, 10/01/35(a)			1,603,471
	430,000			Royal Caribbean Cruises Ltd.,
				4.250%, 06/15/23(a)			402,050
	1,500,000			Square Inc.,
				0.500%, 05/15/23			2,234,711
							4,889,408

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Ellsworth Growth and Income Fund Ltd.

Schedule of Investments (Continued) — June 30, 2020 (Unaudited)

Principal Amount						Market Value
				CONVERTIBLE CORPORATE BONDS (Continued)
				Diversified Industrial — 1.7%
	$     750,000			Chart Industries Inc.,
				1.000%, 11/15/24(a)		$	792,531
	2,000,000			Knowles Corp.,
				3.250%, 11/01/21			2,142,600
	175,000			Sea Ltd.,
				2.375%, 12/01/25(a)			243,328
							3,178,459
				Energy and Utilities — 1.9%
	2,100,000			Cheniere Energy Inc.,
				4.250%, 03/15/45			1,359,406
	2,850,000			SunPower Corp.,
				4.000%, 01/15/23			2,315,252
							3,674,658
				Entertainment — 0.5%
	695,000			NCL Corp. Ltd.,
				6.000%, 05/15/24(a)			928,783
				Financial Services — 2.7%
	875,000			Chimera Investment Corp.,
				7.000%, 04/01/23			1,279,703
	1,000,000			Encore Capital Group Inc.,
				3.250%, 03/15/22			975,600
	1,040,000			GOL Equity Finance SA,
				3.750%, 07/15/24(a)			515,450
	1,000,000			IIP Operating Partnership LP,
				3.750%, 02/21/24(a)			1,433,172
	641,000			LendingTree Inc.,
				0.625%, 06/01/22			963,797
							5,167,722
				Food and Beverage — 0.6%
	1,555,000			The Chefs’ Warehouse Inc.,
				1.875%, 12/01/24(a)			1,130,936
				Health Care — 13.5%
	1,045,000			1Life Healthcare Inc.,
				3.000%, 06/15/25(a)			1,121,880
	735,000			Coherus Biosciences Inc.,
				1.500%, 04/15/26(a)			822,906
	1,000,000			Collegium Pharmaceutical Inc.,
				2.625%, 02/15/26			900,965
	1,000,000			CONMED Corp.,
				2.625%, 02/01/24			1,051,581
				DexCom Inc.,
	575,000			0.750%, 12/01/23			1,427,829
	520,000			0.250%, 11/15/25(a)			534,944
	1,960,000			Exact Sciences Corp.,
				0.375%, 03/15/27			2,040,266
	250,000			Inovio Pharmaceuticals Inc.,
				6.500%, 03/01/24			1,245,781

Principal Amount						Market Value
	$  1,500,000			Insulet Corp.,
				0.375%, 09/01/26(a)		$	1,645,400
	1,250,000			Intercept Pharmaceuticals Inc.,
				2.000%, 05/15/26			909,250
	500,000			Invacare Corp.,
				4.500%, 06/01/22			427,500
	1,045,000			Livongo Health Inc.,
				0.875%, 06/01/25(a)			1,248,434
	1,171,000			Neurocrine Biosciences Inc.,
				2.250%, 05/15/24			1,958,763
	1,500,000			Pacira BioSciences Inc.,
				2.375%, 04/01/22			1,640,557
	1,390,000			PetIQ Inc.,
				4.000%, 06/01/26(a)			1,866,944
	500,000			Retrophin Inc.,
				2.500%, 09/15/25			417,414
	1,254,000			Supernus Pharmaceuticals Inc.,
				0.625%, 04/01/23			1,109,874
	1,500,000			Tabula Rasa HealthCare Inc.,
				1.750%, 02/15/26(a)			1,542,544
	1,870,000			Teladoc Health Inc.,
				1.250%, 06/01/27(a)			2,075,441
	1,500,000			Theravance Biopharma Inc.,
				3.250%, 11/01/23			1,459,644
							25,447,917
				Security Software — 4.4%
	1,395,000			2U Inc.,
				2.250%, 05/01/25(a)			2,083,378
	1,500,000			CyberArk Software Ltd.,
				Zero Coupon, 11/15/24(a)			1,402,455
	1,000,000			Okta Inc.,
				0.125%, 09/01/25(a)			1,241,158
	2,040,000			Proofpoint Inc.,
				0.250%, 08/15/24(a)			2,008,145
	1,515,000			Zscaler Inc.,
				0.125%, 07/01/25(a)			1,555,012
							8,290,148
				Semiconductors — 0.1%
	175,000			Inphi Corp.,
				0.750%, 04/15/25(a)			210,888
				Telecommunications — 3.9%
	1,560,000			8x8 Inc.,
				0.500%, 02/01/24			1,403,385
	1,500,000			Infinera Corp.,
				2.500%, 03/01/27(a)			1,473,833
	1,345,000			PagerDuty Inc.,
				1.250%, 07/01/25(a)			1,334,913
	1,000,000			Twilio Inc.,
				0.250%, 06/01/23			3,107,771
							7,319,902

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Ellsworth Growth and Income Fund Ltd.

Schedule of Investments (Continued) — June 30, 2020 (Unaudited)

Principal Amount						Market Value
				CONVERTIBLE CORPORATE BONDS (Continued)
				Transportation — 0.9%
	$  1,700,000			Atlas Air Worldwide Holdings Inc.,
				1.875%, 06/01/24		$	1,643,415
				TOTAL CONVERTIBLE CORPORATE BONDS			121,646,744
Shares
				CONVERTIBLE PREFERRED STOCKS — 2.1%
				Business Services — 0.3%
	809,253			Amerivon Holdings LLC, 4.000% (b)			436,035
	272,728			Amerivon Holdings LLC, common equity units (b)			16,364
							452,399
				Financial Services — 0.7%
	1,000			Bank of America Corp., 7.250%, Ser. L			1,342,200
				Real Estate Investment Trusts — 1.1%
	15,000			QTS Realty Trust Inc., 6.500%, Ser. B			2,131,350
				TOTAL CONVERTIBLE PREFERRED STOCKS			3,925,949
				MANDATORY CONVERTIBLE SECURITIES (c) — 14.5%
				Automotive: Parts and Accessories — 1.0%
	19,100			Aptiv plc, Ser. A
				5.500%, 06/15/23			1,963,098
				Diversified Industrial — 1.3%
	15,000			Colfax Corp.,
				5.750%, 01/15/22			1,830,150
	7,250			Stanley Black & Decker Inc.,
				5.250%, 11/15/22			648,730
							2,478,880
				Energy and Utilities — 5.9%
	29,262			American Electric Power Co. Inc.,
				6.125%, 03/15/22			1,416,573
	37,800			CenterPoint Energy Inc., Ser. B
				7.000%, 09/01/21			1,344,168
	16,330			Dominion Energy Inc., Ser. A
				7.250%, 06/01/22			1,654,882
	17,000			DTE Energy Co.,
				6.250%, 11/01/22			719,440
	3,645			Essential Utilities Inc.,
				6.000%, 04/30/22			206,088
				NextEra Energy Inc.,
	49,025			4.872%, 09/01/22			2,379,674
	27,900			5.279%, 03/01/23			1,184,355

Shares						Market Value
				Sempra Energy,
	5,383			Ser. A, 6.000%, 01/15/21		$	526,081
	5,000			Ser. B, 6.750%, 07/15/21			491,300
	29,100			The Southern Co.,
				6.750%, 08/01/22			1,282,146
							11,204,707
				Equipment and Supplies — 0.7%
	1,000			Danaher Corp., Ser. A
				4.750%, 04/15/22			1,246,870
				Financial Services — 3.0%
	10,000			2017 Mandatory Exchangeable Trust,
				5.188%, 12/01/20			1,990,000
	1,730			2020 Cash Mandatory Exchangeable Trust,
				5.250%, 06/01/23			1,769,012
	690			2020 Mandatory Exchangeable Trust,
				6.500%, 05/16/23			765,762
	24,000			New York Community Capital Trust V,
				6.000%, 11/01/51			1,072,320
							5,597,094
				Health Care — 1.4%
	25,445			Avantor Inc., Ser. A
				6.250%, 05/15/22			1,460,543
	30,900			Elanco Animal Health Inc.,
				5.000%, 02/01/23			1,187,796
							2,648,339
				Semiconductors — 1.2%
	1,945			Broadcom Inc., Ser. A
				8.000%, 09/30/22			2,167,411
				TOTAL MANDATORY CONVERTIBLE SECURITIES			27,306,399
				COMMON STOCKS — 19.0%
				Business Services — 1.2%
	13,000			PayPal Holdings Inc.†			2,264,990
				Computer Software and Services — 3.5%
	17,194			Alibaba Group Holding Ltd., ADR†			3,708,746
	14,300			Microsoft Corp.			2,910,193
							6,618,939
				Consumer Products — 0.7%
	24,000			Unilever NV			1,278,480
				Energy and Utilities — 0.4%
	8,000			Chevron Corp.			713,840
	132			Goodrich Petroleum Corp.†			950
							714,790

3

Ellsworth Growth and Income Fund Ltd.

Schedule of Investments (Continued) — June 30, 2020 (Unaudited)

Shares						Market Value
				COMMON STOCKS (Continued)
				Entertainment — 0.7%
	12,500			The Walt Disney Co.		$	1,393,875
				Financial Services — 0.7%
	9,546			Citigroup Inc.			487,801
	36,434			Synchrony Financial			807,377
							1,295,178
				Food and Beverage — 0.6%
	30,000			Conagra Brands Inc.			1,055,100
				Health Care — 2.7%
	12,960			Eli Lilly and Co.			2,127,773
	22,651			Merck & Co. Inc.			1,751,602
	40,000			Pfizer Inc.			1,308,000
							5,187,375
				Real Estate Investment Trusts — 5.8%
	10,000			American Tower Corp.			2,585,400
	16,100			Crown Castle International Corp.			2,694,335
	5,000			Equinix Inc.			3,511,500
	7,000			SBA Communications Corp.			2,085,440
							10,876,675
				Semiconductors — 0.6%
	20,000			Intel Corp.			1,196,600
				Telecommunications — 2.1%
	30,000			AT&T Inc.			906,900

Shares							Market Value
		16,119			T-Mobile US Inc.†			$	1,678,794
		25,000			Verizon Communications Inc.				1,378,250
									3,963,944
					TOTAL COMMON STOCKS				35,845,946
					RIGHTS — 0.0%
					Telecommunications — 0.0%
		16,119			T-Mobile US Inc., expire 07/27/20†				2,708
					WARRANTS — 0.0%
					Energy and Utilities — 0.0%
		1,131			Goodrich Petroleum Corp., expire 10/12/26†(b)				0
					TOTAL INVESTMENTS — 100.0% (Cost $157,294,623)			$	188,727,746

(a) Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

(b) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(c) Mandatory convertible securities are required to be converted on the dates listed; they generally may be converted prior to these dates at the option of the holder.

† Non-income producing security.

ADR American Depositary Receipt

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