Fri, December 30, 2011
Thu, December 29, 2011
Wed, December 28, 2011
Tue, December 27, 2011
[ Tue, Dec 27th 2011 ] - Market Wire
EGM 8 February 2012
Mon, December 26, 2011
Fri, December 23, 2011
Thu, December 22, 2011
Wed, December 21, 2011
Tue, December 20, 2011
Mon, December 19, 2011
[ Mon, Dec 19th 2011 ] - Market Wire
Preferred Dividend Declared

Bancroft Fund Ltd. Announces Issue Price for the 2011 Year-End Dividend Payable on December 29, 2011


//business-finance.news-articles.net/content/201 .. ar-end-dividend-payable-on-december-29-2011.html
Published in Business and Finance on Thursday, December 22nd 2011 at 7:00 GMT by Market Wire   Print publication without navigation


December 22, 2011 09:54 ET

Bancroft Fund Ltd. Announces Issue Price for the 2011 Year-End Dividend Payable on December 29, 2011

MORRISTOWN, NJ--(Marketwire - Dec 22, 2011) - Bancroft Fund Ltd. (NYSE Amex: [ BCV ]) announced today that the price at which its beneficial shares will be issued to shareholders who elected to receive additional shares in payment of the 2011 year-end dividend will be $15.32 per share. The issue price represents the closing price of the shares on the NYSE Amex Exchange on December 21, 2011, which was below the net asset value of $17.60 per share on that date. The dividend is payable on December 29, 2011.

Bancroft Fund Ltd. operates as a closed-end, diversified management Investment Company and invests primarily in convertible securities, with the objectives of providing income and the potential for capital appreciation; which objectives the Fund considers to be relatively equal, over the long-term, due to the nature of the securities in which it invests. Its shares are traded on the NYSE Amex Exchange under the ticker symbol BCV.

CUSIP# 059 695 106



Publication Contributing Sources