Bancroft Fund

BCV

Market cap $132M

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RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: 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.

Bancroft Fund offers exposure to convertible securities, trading at an attractive 11.5% discount and yielding 5.56%. BCV's portfolio is leveraged modestly through a preferred offering, and we've seen it deliver strong results, particularly over the last year. That has pushed the fund to outperform benchmarks recently by a wide margin, aided by some narrowing discounts but also underlying portfolio positioning.

RYE, N.Y., Aug. 27, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: 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.

RYE, N.Y., Aug. 26, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: 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.

The Bancroft Fund offers strong inflation protection and superior asset allocation by focusing almost entirely on convertible securities, avoiding traditional bonds. Recent outperformance is driven by timely investments in MP Materials and Uber, yet the fund's yield lags most convertible bond peers. There is a large probability that bonds will deliver negative real returns going forward due to U.S. dollar devaluation, which makes convertibles the best choice for bond investors.

RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: 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.

RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: 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 Bancroft Fund offers a 7.12% yield, outperforming most domestic stock or bond indices but lagging behind its peers in yield and historical performance. The fund primarily invests in convertible bonds, which provide equity-like gains and inflation protection, making it appealing for income-focused investors wary of traditional bonds. Despite underperforming in the first half of 2024, the fund's net asset value has been up since May, and it fully covered its distributions through unrealized capital gains.

RYE, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: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.