Posted by Presse
Commercial & Investment Banking
Tuesday, November 25th, 2014
MORRISTOWN, NJ — (Marketwired) — 11/25/14 — Bancroft Fund Ltd. (NYSE MKT: BCV) announced today that, in accordance with the share repurchase program recently adopted by its Board of Trustees, the Fund has begun making open market purchases of its shares. These purchases have been made in accordance with the limitations of Rule 10b-18 promulgated under the Securities Exchange Act of 1934. As previously announced, the Fund recently adopted a plan to repurchase up to 3% of the Fund–s outstandi
Posted by Presse
Commercial & Investment Banking
Wednesday, November 19th, 2014
MORRISTOWN, NJ — (Marketwired) — 11/19/14 — Bancroft Fund Ltd. (NYSE MKT: BCV) announced today that its Board of Trustees adopted a new 5% minimum distribution policy, effective in calendar year 2015, and a second 3% share repurchase plan. Both measures are intended to improve share valuation, and are believed to be in the best interests of shareholders.Pursuant to the new minimum distribution policy, the Fund anticipates making a cumulative annual distribution at a rate equal to at least 5%
Posted by Presse
Commercial & Investment Banking
Monday, November 17th, 2014
MORRISTOWN, NJ — (Marketwired) — 11/17/14 — The Board of Trustees of Bancroft Fund Ltd. (NYSE MKT: BCV) today declared a dividend of 14.2 cents ($0.142) per share, payable on December 29, 2014 to shareholders of record November 28, 2014. The dividend consists of net investment income.Shareholders who are not members of the Fund–s Automatic Dividend Investment Plan will be given the option to receive the distribution either in cash or in beneficial shares of the Trust. Because of this option
Posted by Presse
Commercial & Investment Banking
Friday, November 14th, 2014
MORRISTOWN, NJ — (Marketwired) — 11/14/14 — Bancroft Fund Ltd. (NYSE MKT: BCV) has released unaudited monthly portfolio data for October 2014 including asset allocation, representative holdings and other fund characteristics.The portfolio data will be posted on Bancroft–s website at . Printed copies may be obtained by calling (973) 631-1177.Bancroft Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities, with the objecti
Posted by Presse
Insurance
Monday, October 20th, 2014
MORRISTOWN, NJ — (Marketwired) — 10/20/14 — Bancroft Fund Ltd. (NYSE MKT: BCV) has released unaudited monthly portfolio data for September 2014 including asset allocation, representative holdings and other fund characteristics.The portfolio data will be posted on Bancroft–s website at . Printed copies may be obtained by calling (973) 631-1177.Bancroft Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities, with the objec
Posted by Presse
Commercial & Investment Banking
Wednesday, September 17th, 2014
MORRISTOWN, NJ — (Marketwired) — 09/17/14 — Bancroft Fund Ltd. (NYSE MKT: BCV) has released unaudited monthly portfolio data for August 2014 including asset allocation, representative holdings and other fund characteristics.The portfolio data will be posted on Bancroft–s website at . Printed copies may be obtained by calling (973) 631-1177.Bancroft Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities, with the objectiv
Posted by Presse
Commercial & Investment Banking
Monday, December 2nd, 2013
MORRISTOWN, NJ — (Marketwired) — 12/02/13 — Bancroft Fund Ltd. (NYSE MKT: BCV) today reported earnings, financial highlights and certain portfolio information for the twelve months ended October 31, 2013:Data is unaudited and as of October 31, 2013. This selected information should be read in conjunction with the financial statements and notes included in the Company-s Semi Annual Report to Shareholders for the six months ended April 30, 2013.Detailed portfolio information is available on ou
Posted by Presse
Insurance
Monday, November 18th, 2013
MORRISTOWN, NJ — (Marketwired) — 11/18/13 — Bancroft Fund Ltd. (NYSE MKT: BCV) declared its one hundred and seventy-second quarterly dividend today.The $0.20 per share dividend is payable from net investment income on December 30, 2013 to shareholders of record November 29, 2013.Shareholders who are not members of the Fund-s Automatic Dividend Investment Plan will be given the option to receive the distribution either in cash or in beneficial shares of the Trust. Because of this option, the
Posted by Presse
Commercial & Investment Banking
Monday, November 11th, 2013
MORRISTOWN, NJ — (Marketwired) — 11/11/13 — Bancroft Fund Ltd. (NYSE MKT: BCV) has released unaudited monthly portfolio data for October including asset allocation, representative holdings and other fund characteristics.The portfolio data will be posted on Bancroft-s website at . Printed copies may be obtained by calling (973) 631-1177.Bancroft Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities, with the objectives of
Posted by Presse
Commercial & Investment Banking
Thursday, October 31st, 2013
MORRISTOWN, NJ — (Marketwired) — 10/31/13 — Bancroft Fund Ltd. (NYSE MKT: BCV) announced today that, in accordance with the share repurchase program recently adopted by its Board of Trustees, the Fund has begun making open market purchases of its shares. These purchases have been made in accordance with the limitations of Rule 10b-18 promulgated under the Securities Exchange Act of 1934. As previously announced, the Fund recently adopted a plan to repurchase up to 3% of the Fund-s outstandin
