Nuveen Real Estate Income Fund (JRS)’s Financial Results Comparing With Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF)

Both Nuveen Real Estate Income Fund (NYSE:JRS) 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 analyst recommendations, profitability, risk, dividends, institutional ownership, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nuveen Real Estate Income Fund 19.10M 15.33 14.32M 0.50 18.99
Ellsworth Growth and Income Fund Ltd. 3.84M 32.09 17.81M 0.87 10.10

Table 1 highlights Nuveen Real Estate Income Fund and Ellsworth Growth and Income Fund Ltd.’s top-line revenue, earnings per share and valuation. Ellsworth Growth and Income Fund Ltd. appears to has lower revenue, but higher earnings than Nuveen Real Estate Income Fund. The business with a higher P/E ratio is currently more expensive of the two stocks. Nuveen Real Estate Income Fund’s current P/E ratio is higher than that of Ellsworth Growth and Income Fund Ltd., which means that it is the expensive of the two.

Profitability

Table 2 shows us Nuveen Real Estate Income Fund and Ellsworth Growth and Income Fund Ltd.’s return on equity, net margins and return on assets.

Net Margins Return on Equity Return on Assets
Nuveen Real Estate Income Fund 74.97% 0% 0%
Ellsworth Growth and Income Fund Ltd. 463.80% 0% 0%

Dividends

Nuveen Real Estate Income Fund dividend pay is $0.94 per share with 9.24% dividend yield annually. Meanwhile, Ellsworth Growth and Income Fund Ltd.’s annual dividend is $0.48 per share and it also boasts of a 5.06% dividend yield.

Insider and Institutional Ownership

Institutional investors owned 15.47% of Nuveen Real Estate Income Fund 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 Real Estate Income Fund -0.74% -0.84% -8.1% -5.8% -14.67% -16.34%
Ellsworth Growth and Income Fund Ltd. -2.13% -5.1% -14.26% -8.09% -4.99% -7.01%

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

Summary

On 7 of the 12 factors Ellsworth Growth and Income Fund Ltd. beats Nuveen Real Estate Income Fund.

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.