Bancroft Fund Ltd. Declares Distribution of $0.35 per Share Reaffirms Annualized Distribution of $1.40 per Share

RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) declared a $0.35 per share cash distribution payable on March 24, 2026 to common shareholders of record on March 17, 2026. This is a 10% increase from $0.32 per share, bringing the annualized distribution rate to $1.40 from $1.28 per share. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund’s trailing 12-month average month-end market price or an amou ...