Bancroft Fund Ltd. Declares Third Quarter Dividend

• Press Release
• Source: Bancroft Fund Ltd.
• On 4:27 pm EDT, Tuesday August 11, 2009

MORRISTOWN, NJ--(Marketwire - 08/11/09) - The Board of Trustees of Bancroft Fund Ltd. (AMEX:BCV - News) declared its one hundred fifty-fifth quarterly dividend today.

The $0.13 per share dividend is payable from net investment income on September 24, 2009 to shareholders of record September 10, 2009.

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

 
For further information, please contact:
Gary I. Levine
Chief Financial Officer
Ph. (973) 631-1177
Email Contact
Website: www.bancroftfund.com