Bancroft Fund raises yearly distribution by 10% to $1.40 per share
The Board of Trustees of Bancroft Fund increased the quarterly distribution to $0.35 per share. The increased quarterly distributions will commence with the distribution payable in December 2025. This is a 10% increase from $0.32 per share, bringing the annualized distribution rate to $1.40 from $1.28 per share. The increase underscores the strength of the Fund's NAV total return of 20% year to date.
