<p>紐約，2026 年 2 月 11 日（GLOBE NEWSWIRE）——Bancroft Fund Ltd.（紐約證券交易所：BCV）（“基金”）的董事會宣佈每股現金分配為 0.35 美元，將於 2026 年 3 月 24 日支付給 2026 年 3 月 17 日的普通股股東。這比每股 0.32 美元增加了 10%，使年化分配率從每股 1.28 美元提高至 1.40 美元。</p>
<p>基金計劃支付的金額為基金過去 12 個月平均月末市場價格的 5% 或符合《國內税收法典》對受監管投資公司的最低分配要求的金額，以較高者為準。</p>
<p>每個季度，董事會會審查來自收入、實現的資本收益或可用資本的任何潛在分配金額。董事會將繼續監控基金的分配水平，考慮基金的淨資產值和當前的金融市場環境。如有必要，基金將在 12 月支付調整分配，包括超過季度分配的任何額外收入和淨實現的資本收益。基金的分配政策可隨時由董事會修改或終止，無法保證該政策會繼續。分配率不應被視為基金投資的股息收益率或總回報。</p>
<p>分配的全部或部分可能被視為個人的長期資本收益或合格股息收入（或兩者的組合），每種情況都需遵循長期資本收益的最高聯邦所得税率，目前在應税賬户中為 20%（或根據個人的税率可能更低）。此外，某些美國股東（個人、遺產或信託）如果收入超過某些閾值，將需要對其 “淨投資收入” 支付 3.8% 的醫療保險附加税，該收入包括從基金收到的股息和出售或其他處置基金股份的資本收益。</p>
<p>如果基金未能產生足夠的收益（股息和利息收入減去費用和實現的淨資本收益），以達到或超過基金在特定年度支付的總分配金額，則超出基金收益的分配金額將被視為資本回報。由於這將被視為對股東原始投資的一部分的回報，因此通常不需納税，並將被視為對股東成本基礎的減少。</p>
<p>長期資本收益、合格股息收入、投資公司應税收入和資本回報（如有）將按比例分配給年度所有普通股股東。根據目前可用的基金會計記錄，2026 年支付給普通股股東的當前分配與基金截至 2026 年 9 月 30 日的財年相關，預計約 9% 來自淨投資收入，91% 來自淨資本收益。此信息不代表税務報告目的。每次分配的估計組成部分會更新並在分配通知中提供給記錄股東，並可在我們的網站（www.gabelli.com）上獲取。2026 年所有分配的最終來源確定將在年末後進行，可能與季度估計有所不同。股東不應根據當前分配的金額對基金的投資表現得出任何結論。所有擁有應税賬户的個人股東將在 2027 年初通過 1099-DIV 表格收到有關 2026 年所有分配的組成部分和税務處理的書面通知。</p>
<p><em>投資者在投資前應仔細考慮基金的投資目標、風險、費用和支出。有關基金分配政策和其他信息的更多信息，請致電：</em></p>
<p><em>Bethany Uhlein</em></p>
<p><em>(914) 921-5546</em></p>
<p><strong>關於 Bancroft Fund Ltd.</strong></p>
<p>Bancroft Fund Ltd.是一家多元化的封閉式管理投資公司，擁有 1.77 億美元的總淨資產。BCV 主要投資於可轉換證券，目標是提供收入和資本增值的潛力，基金認為由於其投資的證券性質，這兩個目標在長期內相對平衡。該基金由 Gabelli Funds, LLC 管理，後者是 GAMCO Investors, Inc.（OTCQX：GAMI）的子公司。</p>
<p>紐約證券交易所 – BCV</p>
<p>CUSIP – 059695106</p>
<p>BANCROFT FUND LTD.</p>
<p>投資者關係聯繫人：</p>
<p>Bethany Uhlein</p>
<p>(914) 921-5546</p>
<p>buhlein@gabelli.com</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZMU16TXpOaU0zTkRJeU16VTNJekl5TlRrd05UVT0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZMU16TXpOaU0zTkRJeU16VTNJekl5TlRrd05UVT0"/></p>
<p><img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/M2I3MWVjNzctZGNmMS00ZmNjLTkwOWQtNjgwM2UzNTg2ZjZmLTEyNzA2MDUtMjAyNi0wMi0xMS1lbg==/tiny/Bancroft-Fund-Ltd-.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/M2I3MWVjNzctZGNmMS00ZmNjLTkwOWQtNjgwM2UzNTg2ZjZmLTEyNzA2MDUtMjAyNi0wMi0xMS1lbg==/tiny/Bancroft-Fund-Ltd-.png"/></p>

BCV-A

<p>Bancroft Fund Ltd. 宣佈每股現金分配為 0.35 美元，將於 2026 年 3 月 24 日支付給 2026 年 3 月 17 日的股東。這比之前的每股 0.32 美元增加了 10%，使年化分配提高至 1.40 美元。該基金的分配政策將根據市場情況進行審查，可能會有所變化。預計約 9% 的分配將來自淨投資收入，其餘部分來自淨資本收益。股東將在 2027 年初收到税務處理通知</p>

<p>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.</p>
<div class="lb-trans"><p>紐約，2026 年 2 月 11 日（GLOBE NEWSWIRE）——Bancroft Fund Ltd.（紐約證券交易所：BCV）（“基金”）的董事會宣佈每股現金分配為 0.35 美元，將於 2026 年 3 月 24 日支付給 2026 年 3 月 17 日的普通股股東。這比每股 0.32 美元增加了 10%，使年化分配率從每股 1.28 美元提高至 1.40 美元。</p>
</div><p>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.</p>
<div class="lb-trans"><p>基金計劃支付的金額為基金過去 12 個月平均月末市場價格的 5% 或符合《國內税收法典》對受監管投資公司的最低分配要求的金額，以較高者為準。</p>
</div><p>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 Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment. If necessary, the Fund pays an adjusting distribution in December, which includes any additional income and net realized capital gains in excess of the quarterly distributions. The Fund’s distribution policy is subject to modification or termination by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.</p>
<div class="lb-trans"><p>每個季度，董事會會審查來自收入、實現的資本收益或可用資本的任何潛在分配金額。董事會將繼續監控基金的分配水平，考慮基金的淨資產值和當前的金融市場環境。如有必要，基金將在 12 月支付調整分配，包括超過季度分配的任何額外收入和淨實現的資本收益。基金的分配政策可隨時由董事會修改或終止，無法保證該政策會繼續。分配率不應被視為基金投資的股息收益率或總回報。</p>
</div><p>All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and with income that exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their &#34;net investment income&#34;, which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.</p>
<div class="lb-trans"><p>分配的全部或部分可能被視為個人的長期資本收益或合格股息收入（或兩者的組合），每種情況都需遵循長期資本收益的最高聯邦所得税率，目前在應税賬户中為 20%（或根據個人的税率可能更低）。此外，某些美國股東（個人、遺產或信託）如果收入超過某些閾值，將需要對其 “淨投資收入” 支付 3.8% 的醫療保險附加税，該收入包括從基金收到的股息和出售或其他處置基金股份的資本收益。</p>
</div><p>If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.</p>
<div class="lb-trans"><p>如果基金未能產生足夠的收益（股息和利息收入減去費用和實現的淨資本收益），以達到或超過基金在特定年度支付的總分配金額，則超出基金收益的分配金額將被視為資本回報。由於這將被視為對股東原始投資的一部分的回報，因此通常不需納税，並將被視為對股東成本基礎的減少。</p>
</div><p>Long-term capital gains, qualified dividend income, investment company taxable income and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, the current distribution paid in 2026 to common shareholders with respect to the Fund’s fiscal year ending September 30, 2026 would include approximately 9% from net investment income and 91% from net capital gains on a book basis. This information does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2026 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2026 distributions in early 2027 via Form 1099-DIV.</p>
<div class="lb-trans"><p>長期資本收益、合格股息收入、投資公司應税收入和資本回報（如有）將按比例分配給年度所有普通股股東。根據目前可用的基金會計記錄，2026 年支付給普通股股東的當前分配與基金截至 2026 年 9 月 30 日的財年相關，預計約 9% 來自淨投資收入，91% 來自淨資本收益。此信息不代表税務報告目的。每次分配的估計組成部分會更新並在分配通知中提供給記錄股東，並可在我們的網站（www.gabelli.com）上獲取。2026 年所有分配的最終來源確定將在年末後進行，可能與季度估計有所不同。股東不應根據當前分配的金額對基金的投資表現得出任何結論。所有擁有應税賬户的個人股東將在 2027 年初通過 1099-DIV 表格收到有關 2026 年所有分配的組成部分和税務處理的書面通知。</p>
</div><p><em>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 Fund, call:</em></p>
<div class="lb-trans"><p><em>投資者在投資前應仔細考慮基金的投資目標、風險、費用和支出。有關基金分配政策和其他信息的更多信息，請致電：</em></p>
</div><p><em>Bethany Uhlein</em></p>
<div class="lb-trans"><p><em>Bethany Uhlein</em></p>
</div><p><em>(914) 921-5546</em></p>
<div class="lb-trans"><p><em>(914) 921-5546</em></p>
</div><p><strong>About Bancroft Fund Ltd.</strong></p>
<div class="lb-trans"><p><strong>關於 Bancroft Fund Ltd.</strong></p>
</div><p>Bancroft Fund Ltd. is a diversified, closed-end management investment company with $177 million in total net assets. BCV invests primarily in convertible securities with the objectives of providing income and the potential for capital appreciation, objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).</p>
<div class="lb-trans"><p>Bancroft Fund Ltd.是一家多元化的封閉式管理投資公司，擁有 1.77 億美元的總淨資產。BCV 主要投資於可轉換證券，目標是提供收入和資本增值的潛力，基金認為由於其投資的證券性質，這兩個目標在長期內相對平衡。該基金由 Gabelli Funds, LLC 管理，後者是 GAMCO Investors, Inc.（OTCQX：GAMI）的子公司。</p>
</div><p>NYSE American – BCV</p>
<div class="lb-trans"><p>紐約證券交易所 – BCV</p>
</div><p>CUSIP – 059695106</p>
<div class="lb-trans"><p>CUSIP – 059695106</p>
</div><p>BANCROFT FUND LTD.</p>
<div class="lb-trans"><p>BANCROFT FUND LTD.</p>
</div><p>Investor Relations Contact:</p>
<div class="lb-trans"><p>投資者關係聯繫人：</p>
</div><p>Bethany Uhlein</p>
<div class="lb-trans"><p>Bethany Uhlein</p>
</div><p>(914) 921-5546</p>
<div class="lb-trans"><p>(914) 921-5546</p>
</div><p>buhlein@gabelli.com</p>
<div class="lb-trans"><p>buhlein@gabelli.com</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZMU16TXpOaU0zTkRJeU16VTNJekl5TlRrd05UVT0" alt="" original-src="https://www.globenewswire.com/newsroom/ti?nf=OTY1MzMzNiM3NDIyMzU3IzIyNTkwNTU="/></p>
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Bancroft Fund Ltd. 宣佈每股分配 0.35 美元，並重申每股年化分配 1.40 美元 | BCV 股票新聞