Home  |  Contact Us  |  NAV & Stock Price  |  Top Ten Holdings

Bancroft Convertible Fund, Inc.
cusip # 05-9695106

released January 3, 2000

DIVIDEND AND TAX INFORMATION
FOR THE YEAR ENDED DECEMBER 31, 1999

 
Record
Date		 Payment
Date

.
Total Paid
Per Share

Ordinary.
Income..
Dividends*

.
Long-Term
Capital Gain

Dividend
Reinvestment
              Price
Mar. 16 Mar. 30 $    0.200 $     0.200 $             — $        22.4925
Jun. 15 Jun. 29 0.200 0.200 — 23.0864
Sept. 15 Sept. 29 0.200 0.200 — 23.0495
Nov. 24 Dec. 28       3.080         0.796           2.284 20.3125
3.680 1.396 2.284
* The portion of each ordinary income dividend which qualifying for the dividends-received
deduction allowed to certain corporate shareholders was 21%.

None of the dividends paid during the year represented a return of capital.

There were no year-end reallocations or reclassification of income or gains.

The amount of interest earned on direct obligations of the U.S. Government was negligible.

Press Releases     |    Home     |    Dividend History