UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-04656
---------------------------------------------
ELLSWORTH FUND LTD.
-------------------------------------------------------------------------------
(Exact name of registrant as specified in charter)
65 Madison Avenue, Morristown, New Jersey 07960-7308
-------------------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Thomas H. Dinsmore
Ellsworth Fund Ltd.
65 Madison Avenue
Morristown, New Jersey 07960-7308
(Name and address of agent for service)
Copy to:
Steven B. King, Esq.
Ballard Spahr Andrews & Ingersoll, LLP
1735 Market Street, 51st Floor
Philadelphia, PA 19103-7599
Registrant's telephone number, including area code: 973-631-1177
Date of fiscal year end: September 30, 2009
Date of reporting period: June 30, 2009
Item 1. Proxy Voting Record
Issuer: AT&T Inc.
Ticker symbol: T
CUSIP: 00206R102
Meeting date: 04/24/2009
For/
Proposed Voted Vote Against
Matter Voted On By (Yes or No) Cast Mgmt.
--------------------------------------------------------------------------------------------
1-01. Election of Director: Randall L. Stephenson Management YES FOR FOR
1-02. Election of Director: William F. Aldinger III Management YES FOR FOR
1-03. Election of Director: Gilbert F. Amelio Management YES FOR FOR
1-04. Election of Director: Reuben V. Anderson Management YES FOR FOR
1-05. Election of Director: James H. Blanchard Management YES FOR FOR
1-06. Election of Director: August A. Busch III Management YES FOR FOR
1-07. Election of Director: Jaime Chico Pardo Management YES FOR FOR
1-08. Election of Director: James P. Kelly Management YES FOR FOR
1-09. Election of Director: Jon C. Madonna Management YES FOR FOR
1-10. Election of Director: Lynn M. Martin Management YES FOR FOR
1-11. Election of Director: John B. McCoy Management YES FOR FOR
1-12. Election of Director: Mary S. Metz Management YES FOR FOR
1-13. Election of Director: Joyce M. Roche Management YES FOR FOR
1-14. Election of Director: Laura D'Andrea Tyson Management YES FOR FOR
1-15. Election of Director: Patricia P. Upton Management YES FOR FOR
2. Ratification of the appointment of Management YES FOR FOR
independent auditors for 2009
3. Amendment To Increase Authorized Shares Management YES FOR FOR
4. Report On Political Contributions Management YES ABSTAIN N/A
5. Special Stockholder Meetings Management YES ABSTAIN N/A
6. Cumulative Voting Management YES ABSTAIN N/A
7. Bylaw Requiring Independent Chairman Management YES AGAINST FOR
8. Advisory Vote On Compensation Management YES FOR AGAINST
9. Pension Credit Policy Management YES ABSTAIN N/A
================================================================================
Issuer: Fifth Third Bancorp
Ticker symbol: FITB
CUSIP: 316773209
Meeting date: 04/21/2009
For/
Proposed Voted Vote Against
Matter Voted On By (Yes or No) Cast Mgmt.
--------------------------------------------------------------------------------------------
2. To Amend Article Fourth, Section (A)(2)(D) Management YES FOR FOR
of The Second Amended Articles
of Incorporation, As Amended, To
Revise The Terms of the Authorized,
Unissued Shares of Preferred Stock,
Without Par Value.
================================================================================
Issuer: Johnson & Johnson
Ticker symbol: JNJ
CUSIP: 478160104
Meeting date: 04/23/2009
For/
Proposed Voted Vote Against
Matter Voted On By (Yes or No) Cast Mgmt.
--------------------------------------------------------------------------------------------
1-01. Election of Director: Mary Sue Coleman Management YES FOR FOR
1-02. Election of Director: James G. Cullen Management YES FOR FOR
1-03. Election of Director: Michael M.E. Johns Management YES FOR FOR
1-04. Election of Director: Arnold G. Langbo Management YES FOR FOR
1-05. Election of Director: Susan L. Lindquist Management YES FOR FOR
1-06. Election of Director: Leo F. Mullin Management YES FOR FOR
1-07. Election of Director: William D. Perez Management YES FOR FOR
1-08. Election of Director: Charles Prince Management YES FOR FOR
1-09. Election of Director: David Satcher Management YES FOR FOR
1-10. Election of Director: William C. Weldon Management YES FOR FOR
2. Ratification of the appointment of Management YES FOR FOR
independent auditors for 2009
3. Advisory Vote On Executive Compensation Management YES FOR AGAINST
Policies and Disclosure
================================================================================
Issuer: XL Capital
Ticker symbol: XL
CUSIP: G98255105
Meeting date: 04/24/2009
(Voted Abstained because we no longer owned the security as of the meeting date)
For/
Proposed Voted Vote Against
Matter Voted On By (Yes or No) Cast Mgmt.
--------------------------------------------------------------------------------------------
1-01. Election of Director: Dale R. Comey Management YES ABSTAIN N/A
1-02. Election of Director: Robert R. Glauber Management YES ABSTAIN N/A
1-03. Election of Director: G. Thompson Hutton Management YES ABSTAIN N/A
2. To approve the amendment and restatement of Management YES ABSTAIN N/A
the Company's 1991 Performance Incentive
Program
3. To approve the amendment and restatement of Management YES ABSTAIN N/A
the Company's Directors Stock & Option Plan
4. Ratification of the appointment of Management YES ABSTAIN N/A
independent auditors for 2009
================================================================================
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Ellsworth Fund Ltd.
By /s/Thomas H. Dinsmore
Thomas H. Dinsmore
Principal Executive Officer
Date: July 15, 2009