BCV

AMEX

Bancroft Fund Ltd.

SectorFinanceIndustryFinance/Investors ServicesIPO1972

News25/Ratings0

Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets. It primarily invests in convertible securities including convertible debt and convertible preferred stocks. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Index, Bank of America Merrill Lynch All U.S. Convertibles Index, and Barclays Balanced U.S. Convertibles Index. The fund was formerly known as Bancroft Convertible Fund, Inc. Bancroft Fund Ltd. was formed on April 20, 1971 and is domiciled in the United States.

News · 26 weeks8-100%

2025-10-262026-04-19

Mix390d

SEC Filings2(67%)
Dividends1(33%)

Latest news

25 items

35dSEC
SEC Form DEFA14A filed by Bancroft Fund Ltd.
DEFA14A - BANCROFT FUND LTD (0000009521) (Filer)
35dSEC
SEC Form DEF 14A filed by Bancroft Fund Ltd.
DEF 14A - BANCROFT FUND LTD (0000009521) (Filer)
71dPR
Bancroft Fund Ltd. Declares Distribution of $0.35 per Share Reaffirms Annualized Distribution of $1.40 per Share
RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE:BCV) (the "Fund") declared a $0.35 per share cash distribution payable on March 24, 2026 to common shareholders of record on March 17, 2026. This is a 10% increase from $0.32 per share, bringing the annualized distribution rate to $1.40 from $1.28 per share. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund's trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies. Each quarter, the Board of Trustees reviews the amount of any potential distri
106dINSIDER
President Dinsmore James Andrew bought $4,730 worth of shares (220 units at $21.50), increasing direct ownership by 29% to 990 units (SEC Form 4)
4 - BANCROFT FUND LTD (0000009521) (Issuer)
106dINSIDER
Control Person of Adviser Gabelli Mario J sold $28,932 worth of shares (1,300 units at $22.25) (SEC Form 4)
4 - BANCROFT FUND LTD (0000009521) (Issuer)
129dSEC
SEC Form N-CEN filed by Bancroft Fund Ltd.
N-CEN - BANCROFT FUND LTD (0000009521) (Filer)
136dSEC
SEC Form N-CSR filed by Bancroft Fund Ltd.
N-CSR - BANCROFT FUND LTD (0000009521) (Filer)
162dPR
Bancroft Fund Ltd. Declares Distribution of $0.35 Per Share
RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE:BCV) (the "Fund") declared a $0.35 per share cash distribution payable on December 30, 2025 to common shareholders of record on November 24, 2025. 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 Fund. The distribution is taxable to shareholders whether or not they choose to receive cash. The expiration date of the option is December 15, 2025. Shareholders who do not make an election will receive the distribution in beneficial shares. The number of shares that hol
184dINSIDER
Control Person of Adviser Gabelli Mario J sold $23,426 worth of shares (1,000 units at $23.43) (SEC Form 4)
4 - BANCROFT FUND LTD (0000009521) (Issuer)
239dSEC
SEC Form N-PX filed by Bancroft Fund Ltd.
N-PX - BANCROFT FUND LTD (0000009521) (Filer)
239dPR
Bancroft Fund Ltd. Declares Distribution of $0.32 per Share
RYE, N.Y., Aug. 27, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE:BCV) (the "Fund") declared a $0.32 per share cash distribution payable on September 23, 2025 to common shareholders of record on September 16, 2025. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund's trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies. Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to mo
240dPR
Bancroft Fund Ltd. Increases Annual Distribution 10% to $1.40 From $1.28
RYE, N.Y., Aug. 26, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE:BCV) (the "Fund") increased the quarterly distribution to $0.35 per share. The increased quarterly distributions will commence with the distribution payable in December 2025. This is a 10% increase from $0.32 per share, bringing the annualized distribution rate to $1.40 from $1.28 per share. The increase underscores the strength of the Fund's NAV total return of 20% year to date. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund's distribution policy and other information about the Fun
321dSEC
SEC Form N-CSRS filed by Bancroft Fund Ltd.
N-CSRS - BANCROFT FUND LTD (0000009521) (Filer)
344dPR
Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share
RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE:BCV) (the "Fund") declared a $0.32 per share cash distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund's trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies. Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the F
399dSEC
SEC Form DEFA14A filed by Bancroft Fund Ltd.
DEFA14A - BANCROFT FUND LTD (0000009521) (Filer)
399dSEC
SEC Form DEF 14A filed by Bancroft Fund Ltd.
DEF 14A - BANCROFT FUND LTD (0000009521) (Filer)
434dPR
Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share
RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE:BCV) (the "Fund") declared a $0.32 per share cash distribution payable on March 24, 2025 to common shareholders of record on March 17, 2025. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund's trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies. Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monito
450dPR
Discount Doctor to Visit United Kingdom in Support of Investment Trusts
RYE, N.Y., Jan. 28, 2025 (GLOBE NEWSWIRE) -- David Schachter, Senior Vice President of GAMCO Investors, Inc., will visit the United Kingdom to convey support for the British investment trust industry. With over 40 years of experience exclusively with retail, long term, closed-end fund investors, Mr. Schachter, a most senior and experienced veteran of the U.S. Closed End Fund industry, was recently given the title of Discount Doctor by the Trustees of The GAMCO Natural Resources, Gold & Income Trust (GNT), which trades on the NYSE. Mr. Schachter said, "The way I see it, the United States owes a debt to the British Investment Trust Industry, which helped build our railroads in the 1800s. L
483dINSIDER
Control Person of Adviser Gabelli Mario J sold $26,607 worth of shares (1,500 units at $17.74) (SEC Form 4)
4 - BANCROFT FUND LTD (0000009521) (Issuer)
496dSEC
SEC Form N-CEN filed by Bancroft Fund Ltd.
N-CEN - BANCROFT FUND LTD (0000009521) (Filer)
504dSEC
SEC Form N-CSR filed by Bancroft Fund Ltd.
N-CSR - BANCROFT FUND LTD (0000009521) (Filer)
526dPR
Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share
RYE, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE:BCV) (the "Fund") declared a $0.32 per share cash distribution payable on December 30, 2024 to common shareholders of record on November 22, 2024. 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 Fund. The distribution is taxable to shareholders whether or not they choose to receive cash. The expiration date of the option is December 13, 2024. Shareholders who do not make an election will receive the distribution in beneficial shares. The number of sha
601dSEC
SEC Form N-PX filed by Bancroft Fund Ltd.
N-PX - BANCROFT FUND LTD (0000009521) (Filer)
602dINSIDER
Control Person of Adviser Gabelli Mario J sold $65,523 worth of shares (4,000 units at $16.38), decreasing direct ownership by 3% to 131,000 units (SEC Form 4)
4 - BANCROFT FUND LTD (0000009521) (Issuer)
608dPR
Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share
RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE:BCV) (the "Fund") declared a $0.32 per share cash distribution payable on September 23, 2024 to common shareholders of record on September 16, 2024. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund's trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies. Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to mo