The audit log · signal #1403

ECF insider buy · signal #1403

10% owner Saba Capital Management, L.P. bought $30k of ELLSWORTH GROWTH & INCOME FUND LTD (ECF), filed Oct 22, 2026, 12:54 New York time.

Logged in advance Logged Oct 22, 2026, 16:56 UTC, before its result could be known.

Results

Costs: 10 basis points for buying and selling (0.10%), taken off every result. The benchmark is S&P 500 (SPY), measured from the same entry close to the same later closes. Bad calls stay in the record like every other, and a result that can't be measured counts against the Truth Scores as a miss.

The record

Each entry was written to InsiderBeacon's audit log when it happened; the prices in it are sealed, a commitment standing in for them wherever the log is passed on, and shown here with the salt that opens the seal. Every check below passes.

1. #5622 · PublishedOct 22, 2026, 16:56 UTC

   Insider buy of ECF, $30k, score 4. Costs counted: 10.0 bps a round trip.

   c86a93ff05001ed1b4cd2f5d4c9f58e978d96a1fe509a669fd5458ac97a6adc5 ✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-22
2. #6104 · EntryOct 23, 2026, 16:58 UTC

   Entry price $11.44; benchmark the S&P 500 (SPY) at $763.96, the close of Oct 22, 2026.

   dd70708c74d20c0badb9643b16c4cfd00042301950e622d1353f8082839336e9 ✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-23 · ✓ sealed prices match their commitment Sealed: 0c6237326fe422332f66454e66931c2a1c2b24a5f32f62fbc8feaa8eb3a98dde · salt 32b70edb0975bd46388f443b4da89180 · values {"bpx":763.96,"px":11.44}
3. #6309 · ResultOct 24, 2026, 05:06 UTC

   1 day: price −0.3%, after costs −0.4%; benchmark −0.5%, so +0.1% against it

   02a361e88a78601e8a852caba9ed47ca529587e0de92ba456d536e36b084d8cc ✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-24 · ✓ sealed prices match their commitment Sealed: 5ebb1989b8a411b48a273bde08c3cca20a22c2b836279da13648ed37b6a61517 · salt 6dec470158eb6921a70997862de35438 · values {"bench":-0.00522279,"excess":0.00072628,"gross":-0.0034965,"net":-0.0044965}
4. #9962 · ResultOct 29, 2026, 21:08 UTC

   1 week: price +3.9%, after costs +3.8%; no benchmark

   4c4d0a9c46f7ef85b983c63deeceec0f10722f81e6da4fec2414770e119a54c7 ✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-29 · ✓ sealed prices match their commitment Sealed: ae3cce4d0e2a293f3ca45e988a44cc2c553b1e9c36aafbfa268c967ff0a9f0a3 · salt 0a1400ee01c87a809ca7ce4fac483f19 · values {"bench":null,"excess":null,"gross":0.03933566,"net":0.03833566}
5. #12371 · ResultOct 31, 2026, 21:58 UTC

   1 week: price +3.9%, after costs +3.8%; benchmark +0.7%, so +3.1% against it

   ba9b0354be89b054e99253108bc948627def4784583428c51795573819ce2442 ✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-31 · ✓ sealed prices match their commitment Sealed: 4ff0d709d81954f8ef7a0a86188f8e9e0a46750268732e5eb65318913e1e24d3 · salt 39ca42f3412b9a5b59ea476eb5ab8e7f · values {"bench":0.00706843,"excess":0.03126723,"gross":0.03933566,"net":0.03833566}

Checkpoints: Oct 22, 2026, digest 7eb0b5f294a6f368a862315b2e6e2068bf04c28c3cc8806a17af1c1ae452697c; Oct 23, 2026, digest 2980dc4bb964d9439f284ef52ad089b4fb52dc0d938a150969255ae320d904af; Oct 24, 2026, digest 34598f82fccd3feaa91beaa0cad2a239a730ff5a72f2c20fef5a483dc201686f; Oct 29, 2026, digest 1170b6850d57e9731230e3071d2eca9cd565ae41c7a5462c8ad6b6f87797dacd; Oct 31, 2026, digest 4ba62b3c25597fb0eab138c5023d556611e3586e88fc25c40fa70d15530b2395.

What this proves

That each entry matches its hash and follows the entry logged right before it, and, once its day is over, that it's part of that day's checkpoint, whose digest fixes everything logged up to then. It doesn't prove on its own that the whole log was never rewritten: only a copy of a checkpoint kept outside this site can. No copy is kept outside this site yet, so these checks show the log is consistent, not that it was never rewritten.

Check it yourself

Download these entries with their proofs: /s/1403.json. The audit log page has a short script that checks every hash, every link and every checkpoint, and explains each step.

Source: the SEC filing. Past results don't predict future ones, and nothing here is investment advice.