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Bancroft Fund Ltd. (NYSE American: BCV) has declared a cash distribution of $0.35 per share, payable on December 30, 2025, to shareholders of record as of November 24, 2025. Shareholders can choose to receive the distribution in cash or shares, with the option expiring on December 15, 2025. The Fund aims for an annual distribution of at least 5% of its trailing market price. The distribution policy is subject to change, and shareholders will receive tax notifications in early 2026. Bancroft Fund Ltd. focuses on convertible securities and is managed by Gabelli Funds, LLC.
Wolverine Asset Management LLC has acquired 12,649 shares of Bancroft Fund Ltd. (NYSE:BCV) valued at approximately $239,000, as reported in its recent SEC filing. This acquisition represents about 0.22% of the company's stock. Other institutional investors have also increased their stakes in Bancroft Fund, which currently has a dividend yield of 5.4%. The stock opened at $23.67, with a 12-month range of $15.63 to $23.88.
Mario J. Gabelli, Director of Bancroft Fund Ltd., reported the disposal of common shares. The full filing is available through the provided link. This news was generated by Public Technologies and is for informational purposes only, not to be considered as financial or legal advice. The original content was published via EDGAR by Bancroft Fund Ltd. on October 21, 2025.
Bancroft Fund Limited (NYSEAMERICAN:BCV) experienced a 34.9% drop in short interest in September, with total short interest falling to 19,200 shares from 29,500 shares at the end of August. The days-to-cover ratio is currently 0.7 days based on an average daily trading volume of 25,700 shares. The stock traded up 0.8% to $22.51, with a 12-month range of $15.63 to $22.56. Bancroft Fund is managed by Gabelli Funds, LLC and primarily invests in convertible securities.
Bancroft Fund Limited (NYSEAMERICAN:BCV) experienced a significant increase in short interest of 54.5% in August, totaling 20,700 shares as of August 15th, up from 13,400 shares at the end of July. The short-interest ratio is currently 1.1 days based on an average trading volume of 18,500 shares. The stock traded down 1.3% to $20.78, with a 52-week range of $15.63 to $21.20.
