Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share - Bancroft Fund (AMEX:BCV), GAMCO Investors (OTC:GAMI)

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share - Bancroft Fund (AMEX:BCV), GAMCO Investors (OTC:GAMI)

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 R…