Bancroft Fund Ltd. 5.375% Series A Cumulative Preferred Shares

By: ,

Date Issued   8/3/2016

Shares Issued  1,200,000   Overallotment Shares  0

S&P Rating   NR   Moodys Rating   A1

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Security Ticker Symbol   BVC-A     OTC Temp Ticker     BNCRP  

Market Traded ON   NYSE

Distribution Payment Paid on the 26th of March, June, September and December beginning on 9/26/2016

Quarterly Distribution  .336   Annual Distribution   1.343

Securities may be redeemed, at the issuers option, as early as 08/9/2021 for a redemption price of $25/share plus accrued distributions.

Distribution will be a qualified distribution for tax purposes.

Maturity Date   None

 

Company Investor Relations Page for Bancroft Fund Ltd.

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Click Here for either the prospectus or final pricing documents

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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