Ameriprise files 13G showing 5.3% stake in Bancroft Fund (BCV)

Rhea-AI Filing Summary

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.

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Accepted by SEC EDGAR 11/14/2025 - 10:18 AM Learn about SEC filing dates

FAQ

What stake in BCV did Ameriprise report in this Schedule 13G?

Ameriprise Financial, Inc. reported beneficial ownership of 306,950 shares, or 5.3% of Bancroft Fund Ltd.

Which Ameriprise entities are reporting beneficial ownership of BCV?

Ameriprise Financial, Inc. and Ameriprise Financial Services, LLC are the reporting persons.

What ownership did Ameriprise Financial Services, LLC report?

Ameriprise Financial Services, LLC reported 306,250 shares, representing 5.3% of the class, with shared dispositive power only.

Is the BCV position reported as passive or active?

It is reported on Schedule 13G, certifying the holdings are in the ordinary course and not to influence control.

What is the event date tied to this BCV ownership report?

The date of the event requiring the filing is 09/30/2025.

What voting and dispositive powers did Ameriprise report?

Ameriprise Financial, Inc. reported shared voting power of 700 and shared dispositive power of 306,950; AFS reported shared dispositive power of 306,250 and no voting power.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Bancroft Fund Ltd.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

059695106

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 059695106

1

Names of Reporting Persons

Ameriprise Financial, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 700.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 306,950.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

306,950.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 059695106

1

Names of Reporting Persons

Ameriprise Financial Services, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MINNESOTA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 306,250.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

306,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Bancroft Fund Ltd.
(b)	Address of issuer's principal executive offices: One Corporate Center, Rye, New York 10580
Item 2.
(a)	Name of person filing: (a) Ameriprise Financial, Inc. ("AFI") (b) Ameriprise Financial Services, LLC ("AFS")
(b)	Address or principal business office or, if none, residence: (a) 145 Ameriprise Financial Center, Minneapolis, MN 55474 (b) 5227 Ameriprise Financial Center, Minneapolis, MN 55474
(c)	Citizenship: (a) Delaware (b) Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 059695106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to each reporting person. AFI, as the parent company of AFS, may be deemed to beneficially own the shares reported herein by AFS. Accordingly, the shares reported herein by AFI include those shares separately reported herein by AFS. Each of AFI and AFS disclaims beneficial ownership of any shares reported on this Schedule.
(b)	Percent of class: The information required by Item 4(b) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
	(ii) Shared power to vote or to direct the vote: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
	(iii) Sole power to dispose or to direct the disposition of: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. AFI: See Exhibit I
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ameriprise Financial, Inc.

Signature:	/s/ Michael G. Clarke
Name/Title:	Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
Date:	11/14/2025

Ameriprise Financial Services, LLC

Signature:	/s/ Brett Flansburg
Name/Title:	Brett Flansburg, Vice President Compliance
Date:	11/14/2025

Comments accompanying signature: Contact Information Charles Chiesa VP Fund Treasurer Global Operations and Investor Services Telephone: 617-385-9593 Exhibit Index Exhibit I Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company. Exhibit II Joint Filing Agreement