MORRISTOWN, NEW JERSEY, August 11, 2009 The Board of Trustees of Bancroft
Fund Ltd. (NYSE Amex: BCV) 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.
For further information please contact:
Gary I. Levine, Chief Financial Officer Ph. (973)
631-1177
|