Welcome to our dedicated page for Bancroft Fund news (Ticker: BCV), a resource for investors and traders seeking the latest updates and insights on Bancroft Fund stock.
Bancroft Fund Ltd. (BCV) is a diversified closed-end management company listed on NYSE American that operates as a closed-ended equity mutual fund. The Fund’s communications emphasize an objective of providing income and potential capital appreciation through investments in convertible and equity securities across sectors such as computer software and services, energy and utilities, and health care.
This news page focuses on updates related to Bancroft Fund Ltd.’s distributions and Board of Trustees decisions. Recent announcements describe quarterly cash distributions per share, the timing of record and payable dates, and changes in the Fund’s annualized distribution rate. The Fund also outlines how its distribution framework is tied to a percentage of its trailing 12‑month average month‑end market price or to the minimum distribution requirement for regulated investment companies.
Readers can find details on how each distribution may be characterized for tax purposes, including portions that may be treated as net investment income, net capital gains, or return of capital. The Fund’s news releases also explain that the Board of Trustees reviews distribution levels each quarter, taking into account income, realized capital gains, capital availability, net asset value, and the broader financial market environment.
For investors and observers following BCV, this page provides a centralized view of the Fund’s declared distributions, changes to its distribution policy, and explanatory commentary on how distributions relate to earnings and return of capital. Regularly reviewing these updates can help users understand how the Fund applies its stated distribution policy over time.
Bancroft Fund (NYSE American: BCV) declared a $0.35 per share cash distribution payable March 24, 2026 to shareholders of record March 17, 2026, and reaffirmed an annualized distribution of $1.40 per share. The Fund stated this equals a 10% increase from $0.32 and described its distribution policy and tax treatment.
The Fund said it will target the greater of a 5% annual distribution of trailing 12-month average market price or the IRC minimum for regulated investment companies, and estimated 2026 distributions are ~9% net investment income and ~91% net capital gains on a book basis.
Bancroft Fund (NYSE American: BCV) declared a $0.35 per share cash distribution payable on December 30, 2025 to shareholders of record on November 24, 2025. Non‑participants in the Automatic Dividend Investment Plan may elect cash or beneficial shares; the election expires December 15, 2025, and unpaid elections default to shares. Share counts for the share option will be set on December 16, 2025 using the lower of closing market price or NAV.
The Fund intends to pay the greater of an annual 5% distribution of its trailing 12‑month average month‑end market price or the IRC minimum for RICs. Distributions are taxable and may include long‑term capital gain, qualified dividend income, investment company taxable income, or return of capital; final sourcing will be determined after year end.
Bancroft Fund Ltd. (NYSE American: BCV) has declared a quarterly cash distribution of $0.32 per share, payable on September 23, 2025, to shareholders of record as of September 16, 2025.
The Fund maintains a policy of distributing the greater of either 5% of the trailing 12-month average month-end market price or the minimum required distribution under IRS regulations. The 2025 distributions comprise approximately 39% from net investment income, 25% from net capital gains, and 36% return of capital on a book basis.
The Board of Trustees regularly reviews distribution levels, considering net asset value and market conditions, with the policy subject to modification or termination at any time.
Bancroft Fund Ltd. (NYSE American: BCV) has announced a 10% increase in its quarterly distribution from $0.32 to $0.35 per share, effective December 2025. This change raises the annualized distribution rate to $1.40 from $1.28 per share.
The distribution increase reflects the Fund's strong performance, with a NAV total return of 20% year to date.
Bancroft Fund Ltd. (NYSE American: BCV) has announced a cash distribution of $0.32 per share, payable on June 23, 2025, to shareholders of record on June 13, 2025. The Fund maintains a policy of distributing either 5% of its trailing 12-month average month-end market price annually or meeting minimum IRS requirements for regulated investment companies.
The distribution's composition includes approximately 32% from net investment income and 68% return of capital for the fiscal year ending September 30, 2025. The Board of Trustees reviews potential distributions quarterly, considering the Fund's net asset value and market conditions. The distribution policy may be modified or terminated at any time.
Bancroft Fund (NYSE American: BCV) has announced a cash distribution of $0.32 per share, payable on March 24, 2025, to shareholders of record on March 17, 2025. The Fund maintains a policy of distributing either 5% of its trailing 12-month average month-end market price or meeting minimum IRS requirements for regulated investment companies.
The current distribution comprises approximately 41% from net investment income and 59% from net capital gains on a book basis. The Board of Trustees reviews potential distributions quarterly, considering the Fund's net asset value and market conditions. The distribution policy may be modified or terminated at any time, and distributions might be treated as long-term capital gain or qualified dividend income, subject to a maximum 20% federal tax rate for individuals.
Bancroft Fund (BCV) has declared a $0.32 per share cash distribution payable on December 30, 2024, to shareholders of record on November 22, 2024. Shareholders can receive the distribution in cash or beneficial shares, with an option expiration date of December 13, 2024. The Fund aims to distribute annually either 5% of its trailing 12-month average month-end market price or meet minimum IRS requirements. The distribution components may include long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, allocated pro-rata across all distributions for the year.
Bancroft Fund (NYSE American:BCV) has declared a $0.32 per share cash distribution payable on September 23, 2024, to shareholders of record on September 16, 2024. The Fund aims to distribute annually either 5% of its trailing 12-month average month-end market price or an amount meeting the minimum distribution requirement for regulated investment companies.
The distribution may include 38% from net investment income, 18% from net capital gains, and 44% as a return of capital. Shareholders should note that the distribution rate is not indicative of the Fund's dividend yield or total return. The Board of Trustees regularly reviews the distribution level, considering factors such as net asset value and market conditions.
The Bancroft Fund (NYSE American: BCV) announced a $0.32 per share cash distribution payable on June 21, 2024, for shareholders of record as of June 13, 2024. The Fund's policy is to distribute the greater of either an annual 5% of its 12-month average market price or the minimum IRS-required amount for regulated investment companies. The Board of Trustees reviews distributions quarterly, considering the Fund’s net asset value and market conditions. Distributions may be adjusted in December to account for additional income and capital gains. Approximately 31% of 2024 distributions are from net investment income and 69% from return of capital. Tax implications vary based on individual circumstances and will be detailed in Form 1099-DIV sent in early 2025.
Summary not available.
FAQ
What is the current stock price of Bancroft Fund (BCV)?
What is the market cap of Bancroft Fund (BCV)?
