Welcome to our dedicated page for BANCROFT FUND SEC filings (Ticker: BCV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bancroft Fund Ltd. filings document the governance and shareholder-voting framework of a closed-end fund organized as a Delaware statutory trust. Its proxy materials cover annual meeting procedures, trustee elections, voting mechanics, and related shareholder matters for the Fund.
The filing record is centered on formal fund governance disclosures rather than operating-company reporting, reflecting the Fund's structure, board oversight, common-shareholder voting rights, and capital-structure context as a listed closed-end investment vehicle.
BANCROFT FUND LTD (BCV) had an initial insider ownership report filed by Jackson J Christopher, who serves as Secretary. This Form 3 filing lists him as an officer but does not report any specific transactions or holdings of BCV securities at the time of filing.
Ameriprise Financial, Inc. and its subsidiary Ameriprise Financial Services, LLC report beneficial ownership of 250,913 shares of Bancroft Fund Ltd common stock, representing 4.5% of the class. They report shared voting power over 700 shares and shared dispositive power over 250,913 shares, with no sole voting or dispositive power. Ameriprise notes that, as parent of the subsidiary, it may be deemed to beneficially own the same shares, but each entity disclaims beneficial ownership of the shares reported. The filing states that the position represents ownership of 5 percent or less of the class.
BANCROFT FUND LTD director Anthonie C. van Ekris reported indirect open-market sales of 1,150 Common Shares held in family trusts. On October 16, 2025, a trust for his son sold 400 shares at $23.515 and a trust for his daughter sold 750 shares at $23.5347. Each trust held 500 shares after the transactions, with Mr. van Ekris serving as trustee.
Saba Capital Management filed Amendment No. 4 to its Schedule 13D on Bancroft Fund Ltd., reporting beneficial ownership of 287,274 common shares, equal to 4.93% of the fund’s common stock based on 5,822,431 shares outstanding as of 3/12/26.
Saba and related reporting persons share voting and dispositive power over these shares, which are held in funds and accounts they advise. The filing states that approximately $5,140,043 was paid to acquire the position, using investor subscription proceeds, capital appreciation, and ordinary-course margin borrowings.
Bancroft Fund Ltd. has called its annual shareholder meeting for May 11, 2026, at 8:00 a.m. ET at Indian Harbor Yacht Club in Greenwich, Connecticut. Shareholders of record as of March 12, 2026, are entitled to vote.
Investors are being asked to elect four Trustees to three-year terms ending at the 2029 annual meeting: Kinchen C. Bizzell, James P. Conn, Frank J. Fahrenkopf Jr., and Michael J. Melarkey. Common and preferred shareholders vote together for three nominees, while preferred shareholders voting as a separate class elect Mr. Melarkey.
The Board unanimously recommends voting “FOR” all nominees. The proxy also describes Board structure, committee responsibilities, trustee compensation, major shareholders, audit fees, and how Delaware’s control share statute can limit voting power for large share accumulations unless approved by other shareholders.
Bancroft Fund Ltd. insider trade reported: President and director James A. Dinsmore disclosed buying 220 common shares of Bancroft Fund Ltd. on 12/17/2025 at a price of $21.5 per share. Following this purchase, he beneficially owned a total of 990 common shares, held in direct ownership form. The filing reflects a routine insider acquisition by a senior officer and board member of Bancroft Fund Ltd. (ticker BCV).
Mario J. Gabelli, a director and control person of the investment adviser to Bancroft Fund Ltd (BCV), reported a share sale and updated holdings. On 01/05/2026, 1,300 common shares of Bancroft Fund were sold at $22.255 per share, reported as a disposition. Following this transaction, 25,700 common shares were reported as indirectly owned through Associated Capital Group, Inc. (ACG), and 131,000 common shares were reported as directly owned.
The filing notes that the reported shares reflect the total shares owned by ACG. Gabelli is the Executive Chair and controlling shareholder of ACG, but he has less than a 100% interest in ACG and disclaims beneficial ownership of shares held by ACG that exceed his indirect pecuniary interest.
Ameriprise Financial filed a Schedule 13G reporting a passive stake in Bancroft Fund Ltd. (BCV). As of 09/30/2025, Ameriprise Financial, Inc. reported 306,950 shares, representing 5.3% of the class, with shared voting power of 700 and shared dispositive power of 306,950. Its affiliate, Ameriprise Financial Services, LLC, reported 306,250 shares, also 5.3%, with no voting power and shared dispositive power of 306,250.
The filing is on a Schedule 13G, indicating the shares are held in the ordinary course and not for the purpose of changing or influencing control. Each reporting person disclaims beneficial ownership beyond what is stated.
Saba Capital Management filed Amendment No. 3 to Schedule 13D on Bancroft Fund Ltd. (BCV), reporting beneficial ownership of 355,835 common shares, representing 6.07% of the class. The percentage is based on 5,862,058 shares outstanding as of 3/31/25.
Saba and its affiliates report shared voting and dispositive power over 355,835 shares and no sole power. The filing states an aggregate purchase consideration of approximately $6,366,769. The date of the event requiring the filing is 10/29/2025, and the amendment updates Items 3, 5, and 7. Recent transactions within sixty days are listed in Schedule A.