BCV News and Press, Bancroft Fund Ltd. From 08/25/23

RYE, N.Y., Aug. 25, 2023 (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 22, 2023 to common shareholders of record on September 15, 2023. The Fund intends to pay ...

Net Earnings of $55.8 million, or $0.40 per share Return on Average Tangible Common Equity of 18.39% Return on Average Assets of 1.36% Efficiency Ratio of 40.86% $126 million Deposit Growth QTR/QTR ONTARIO, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- CVB ...

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6dbbac6e-7a71-478e-910e-5ab37f8f1e2c RYE, N.Y., July 18, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds is pleased to present a video tracing the 50+ year history of the oldest, existing clo...

ONTARIO, Calif., June 21, 2023 (GLOBE NEWSWIRE) --  CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 2023.   This dividend was approved at the Company’s regularly sc...

2023-06-11 20:29:42 ET Summary Bancroft Fund is trading at a deep discount and invests mostly in convertible securities. The fund's discount is attractive, and recent higher yields on convertibles could lead to better returns going forward. BCV's net investment income has incr...

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d5522b78-cf88-4830-b150-38763f653351 RYE, N.Y., June 02, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds is pleased to present an entertaining and educational video tracing the incredible gro...

RYE, N.Y., May 18, 2023 (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, 2023 to common shareholders of record on June 15, 2023. The Fund intends to pay the greater...

2023-05-15 02:49:26 ET Summary CHY is invested mostly in convertibles but also incorporates a meaningful amount to high-yield bonds, with smaller allocations in other instruments. The fund was trading at quite an extended premium earlier in the year, but that bubble has since popp...

2023-04-30 01:44:27 ET Summary Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022. Volatility has been coming down in ...

First Quarter 2023 Highlights Net Earnings of $59.3 million, or $0.42 per share Return on Average Tangible Common Equity of 20.59% Return on Average Assets of 1.47% Noninterest-bearing deposits 63.92% of total deposits Cost of deposits of 0.17% ...