Bancroft Fund Ltd. (BCV) Declares $0.257 Quarterly Dividend; 5% Yield

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Bancroft Fund Ltd. Declares a Third Quarter Dividend and Reports Share Repurchase Activity

August 17, 2015 5:00 PM EDT

MORRISTOWN, NJ -- (Marketwired) -- 08/17/15 -- The Board of Trustees of Bancroft Fund Ltd. (NYSE MKT: BCV) announced today that it has declared a dividend of 25.7 cents ($0.257) per share. The dividend is payable on September 24, 2015 to shareholders of record on September 10, 2015. Based on our current estimates, the Fund anticipates that approximately 12.2 cents ($0.122) per share of the dividend will be paid from accumulated net investment income, and approximately 13.5 cents ($0.135) per share will represent a return of capital. These estimates and the sources of the Fund's dividends and distributions are determined at the time of declaration. However... More

Bancroft Fund Ltd. Announces Change to Special Meeting Record Date

August 17, 2015 4:50 PM EDT

MORRISTOWN, NJ -- (Marketwired) -- 08/17/15 -- Bancroft Fund Ltd. (NYSE MKT: BCV) today announced a change to the record date for the October 19, 2015 special shareholders' meeting.

The record date of August 24, 2015 previously announced has been changed to September 4, 2015.

As previously... More