Comparison of Nuveen Georgia Quality Municipa (NKG) and Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF)

Both Nuveen Georgia Quality Municipa (NYSE:NKG) and Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) compete on a level playing field in the Asset Management industry. We will evaluate their performance with regards to risk, analyst recommendations, institutional ownership, profitability, dividends, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nuveen Georgia Quality Municipa 8.61M 13.89 8.19M 0.78 14.30
Ellsworth Growth and Income Fund Ltd. 3.84M 32.09 17.81M 0.87 10.10

Table 1 shows the gross revenue, earnings per share and valuation for Nuveen Georgia Quality Municipa and Ellsworth Growth and Income Fund Ltd. Ellsworth Growth and Income Fund Ltd. seems to has lower revenue, but higher earnings compared to Nuveen Georgia Quality Municipa. The company with the higher price-to-earnings out of the two companies is considered for more expensive of the two firms presently. Nuveen Georgia Quality Municipa is presently more expensive than Ellsworth Growth and Income Fund Ltd., because it’s trading at a higher price-to-earnings ratio.

Profitability

Table 2 hightlights the return on equity, net margins and return on assets of the two companies.

Net Margins Return on Equity Return on Assets
Nuveen Georgia Quality Municipa 95.12% 0% 0%
Ellsworth Growth and Income Fund Ltd. 463.80% 0% 0%

Dividends

The annual dividend that Nuveen Georgia Quality Municipa pay is $0.56 per share with a dividend yield of 4.94%. Meanhile, Ellsworth Growth and Income Fund Ltd.’s yearly dividend is $0.48 per share and 5.06% dividend yield.

Insider & Institutional Ownership

Institutional investors owned 12.9% of Nuveen Georgia Quality Municipa shares and 40.08% of Ellsworth Growth and Income Fund Ltd. shares. Competitively, 0.43% are Ellsworth Growth and Income Fund Ltd.’s share owned by insiders.

Performance

In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Nuveen Georgia Quality Municipa 1.74% 3.35% -1.33% -1.68% -15.45% -11.69%
Ellsworth Growth and Income Fund Ltd. -2.13% -5.1% -14.26% -8.09% -4.99% -7.01%

For the past year Nuveen Georgia Quality Municipa’s stock price has bigger decline than Ellsworth Growth and Income Fund Ltd.

Summary

Ellsworth Growth and Income Fund Ltd. beats on 7 of the 12 factors Nuveen Georgia Quality Municipa.

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the Bank of America Merrill Lynch All U.S. Convertibles Index, Barclays Balanced U.S. Convertibles Index, and S&P 500 Index. It was formerly known as Ellsworth Fund Ltd. Ellsworth Growth and Income Fund Ltd. was formed on June 27, 1986 and is domiciled in the United States.