Bancroft Fund Declares $0.35/Share Cash Distribution

Bancroft Fund Ltd. announced a cash distribution of $0.35 per share, payable on June 23, 2026, to common shareholders of record on June 15, 2026. The Fund's distribution policy aims to pay the greater of an annual distribution of 5% of its trailing 12-month average market price or an amount meeting IRS minimum distribution requirements. For 2026, the distributions are estimated to comprise approximately 8% from net investment income and 92% from net capital gains on a book basis.