BCV News and Press, Bancroft Fund Ltd. From 08/11/20

Author’s note: this article was released to members of CEF/ETF Income Laboratory on August 3, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF]...

By David King, CFA, Senior Portfolio Manager, Head of Income and Growth Strategies A surge in convertible issuance could change the landscape for this asset class. How should investors think about the convertibles market? Dave King: Convertibles are a way to pursue good risk-adju...

The market has recovered quite a bit during the last couple of months and is up more than 30% from its lows on March 23. However, a lot of people feel a disconnect between the market action and the unprecedented economic upheaval and uncertainties that have been caused by the spread of coro...

The Board of Trustees of Bancroft Fund Ltd. (NYSE American:BCV) (the “Fund”) declared a $0.29 per share cash distribution payable on June 23, 2020 to common shareholders of record on June 16, 2020. The Fund intends to pay the greater of either an annual distribution of 5% of...

The following notice relates to the Annual Meetings of: Bancroft Fund Ltd. Ellsworth Growth and Income Fund Ltd. GAMCO Global Gold, Natural Resources & Income Trust GAMCO Natural Resources, Gold & Income Trust The Gabelli Convertible & Income Securities Fund ...

The Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) has suspended until further notice the previously announced transferable rights offering that would allow the Fund’s common shareholders to acquire additional common shares. The information herein is not comple...

The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) has approved a transferable rights offering that will allow the Fund’s common shareholders to acquire additional common shares (the “Offering”). The Offering will be made only by m...

The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) declared a $0.29 per share cash distribution payable on March 24, 2020 to common shareholders of record on March 17, 2020. The $0.29 first quarter 2020 distribution is a 16% increase from $0.25 in the ...

The Board of Trustees of Bancroft Fund Ltd. (NYSE American:BCV) (the “Fund”) reaffirmed its 5% distribution policy and declared a $0.29 per share cash distribution payable on March 24, 2020 to common shareholders of record on March 17, 2020. The Fund intends to pay a quarter...

Note: Data from the article are from January 10, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund ((CEF)) sectors in the last week, as well as to highlight recently concluded or upcoming corporate ac...