Ellsworth Convertible Growth and Income
Fund, Inc. Data is based on market value.4
International Rectifier Corp.

pulse finance

5
Weatherford International Ltd. 2.3
Retail 3.

companies market

9
The Walt Disney Company 2.2
Pharmaceuticals 11.8
Banking/Savings and Loan 9.

market company

9
Teva Pharmaceutical Industries Ltd.5
Health Care 6.

personal institutional

9
Lear Corp. 1.

Detailed quarterly portfolio information, as of March 31, 2005 is available
on our website (http://www. Treasury and federal agency bonds and
repurchase agreements, and other fixed income securities.

investing company

growth finance

The dividend will be paid on
March 15, 2005 to holders of record on February 25, 2005.25 per share represents a 2.

mainland business

It seeks to achieve this objective by investing primarily in
convertible securities.

management pr

2.7
Consumer Goods 3 .3

Portfolio Composition
% of Net Assets
Convertible Bonds and Notes 49.6
Convertible Preferred Stocks 22.maxf . registered broker-dealer
subsidiary, also conducts institutional sales and trading operations
in corporate bonds, municipal bonds, convertible securities and
equities.

fund promotes

1
GlobalSantaFe Corp.3
Technology 5.

Maxcor Financial Group Declares Quarterly Cash Dividend; $ .0625 Per Common Share to Be Paid on March 15 2005 to Holders of Record on February 25 2005

market institutional

6
Cash and Equivalents 6.0625 per share of common stock for its
fourth quarter ended December 31, 2004.84.

investing public

Holdings may change
without notice.2
TOTAL NET ASSETS 100.S.

mainland management

1.ellsworthfund. (www.

marketing fund

2
Nuveen Investments, Inc. 2.

financial bonds

0
Comverse Technology, Inc.8

Major Industry Exposure
% of Net Assets
Energy 15.

AMEX - ECF

Cusip 289074106

relations financial

9
Fannie Mae 1 .0

Data is unaudited and as of May 31, 2005.com or call us at (973) 631-1177.

Maxcor Financial Group Inc., the company's U.

stocks investing

2.6
Entertainment 4.com).S. The company employs approximately 500 persons worldwide and
maintains principal offices in New York, London and Tokyo.

marketing pr

9
Financial and Insurance 12. Visit us there or contact us
by email at info@ellsworthfund.

personal finance

3.

Ellsworth is a diversified closed-end management investment company.
Ellsworth's investment objective is to seek a high level of total return on
its assets through a combination of current income and capital
appreciation. The
annualized dividend rate of $.8% yield
based on yesterday's closing share price of $8.

personal mainland

1.com), through its various
Euro Brokers businesses, is a leading domestic and international
inter-dealer brokerage firm specializing in interest rate and other
derivatives, emerging market debt products, cash deposits and other
money market instruments , U. Maxcor
Financial Inc.

market management

(Nasdaq: MAXF) announced today that its Board of Directors has
declared a cash dividend of $.

marketing bonds

PRESS RELEASE Ellsworth Convertible Growth and Income Fund Announces Monthly Portfolio Data

Top Ten Holdings by underlying common stock
% of Net Assets
Chesapeake Energy Corp.

company marketing

6
Telecommunications 6.7
Mandatory Convertible Securities 17.

company pr

Business Editors

NEW YORK----Maxcor Financial Group
Inc.

relations emerging

(AMEX: ECF) today reported monthly portfolio data for the month
ended May 31, 2005.9
Common Stocks 3. This selected information should
be read in conjunction with the financial statements and notes included in
the Company 's Semi-Annual Report to Stockholders for the six months ended
March 31, 2005.