My Fund Comparison
Bancroft Fund Ltd. Declares First Quarter Dividend and
Results from Annual Shareholder Meeting
Davis-Dinsmore Management Company
Morristown, NJ, February 11, 2008 -- The Board of Trustees of Bancroft Fund Ltd. (the “Fund”) (AMEX: BCV) declared its one hundred forty-ninth quarterly dividend today.
The twenty-one cents ($0.21) per share dividend is payable from net investment income on March 28, 2008 to shareholders of record March 14, 2008.
The following actions were taken at the Annual Shareholders meeting held on Monday, February 11th: (1) two trustees were elected and (2) the selection of Tait, Weller & Baker LLP as independent auditors for the 2008 fiscal year was ratified.
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. Fund shares are traded on the American Stock Exchange under the ticker symbol BCV.
View more information on Davis-Dinsmore Management Company or other Closed-End Funds
CEF Investment Outlook: Webinar
Closed-end Funds 101
Pros and Cons of a Managed Distributions Policy
Understanding the Advantages of Closed-end Funds
Other Education Resources
National Association of
Publicly Traded Partnerships
Powered by a SySys®
data & content management system.
©Thomson Reuters 2011. All rights reserved. Any copying, republication or redistribution of Lipper, a Thomson Reuters company, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper, a Thomson Reuters company. Lipper, a Thomson Reuters company shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.