Bancroft Fund Ltd. Declares Second Quarter Dividend

Bancroft Fund Ltd. Declares Second Quarter Dividend

ID: 146139

(firmenpresse) - MORRISTOWN, NJ -- (Marketwire) -- 05/14/12 -- The Board of Trustees of Bancroft Fund Ltd. (NYSE Amex: BCV) today declared the Fund's one hundred sixty-sixth quarterly dividend.

The 12.75 cents ($0.1275) per share dividend is payable from net investment income on June 28, 2012 to shareholders of record June 14, 2012.

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
Fax (973) 631-9893




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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 14.05.2012 - 15:20 Uhr
Sprache: Deutsch
News-ID 146139
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contact information:
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MORRISTOWN, NJ



Kategorie:

Commercial & Investment Banking



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