Bancroft Fund Ltd.

OVERVIEW

STRATEGY

Bancroft Fund Ltd., or the Fund, is 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.

HIGHLIGHTS
As of 2023-03-24

NAV

$19.33

Total Net Assets

1 Day NAV Change

-$0.06^▼

Asset Class

Covertible Bond

YTD Return

+1.80%

Exchange Symbol

BCV

Investment Style

Inception Date

Apr 20, 1971

Dividends Paid

Factsheet
Recent Commentary
Semi-Annual Report

AVERAGE ANNUALIZED RETURNS
As of 2023-03-24

YTD

1-YR

3-YR

5-YR

10-YR

Bancroft Fund

+1.80%

-19.09%

+7.74%

+4.86%

+6.95%

Returns represent past performance and do not guarantee future results. Investment returns and the principal value of an investment will fluctuate. When shares are sold, they may be worth more or less than their original cost. Consequently, you can lose money by investing in the Fund. Current performance may be lower or higher than the performance data presented. Performance returns for periods of less than one year are not annualized.

PERFORMANCE

GROWTH OF $10,000
As of 2023-03-24

NAV PERFORMANCE
As of 2023-03-24

INVESTMENT TEAM

DOCUMENTS

* Section 16 Filings includes all historical filings made with the Securities and Exchange Commission ("SEC") on behalf of a fund. Information found on the SEC web site is historical and may not represent current information about a fund.

Past Performance is no guarantee of future results

Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800 GABELLI or visit www.gabelli.com/funds.

Total returns and average annual returns reflect changes in the NAV per share, reinvestment of distributions at NAV on the ex-dividend date, adjustments for rights offerings, spin-offs, and taxes paid on undistributed long-term capital gains, and are net of expenses. Performance returns for periods of less than one year are not annualized.

A Fund's net asset value ("NAV") per share will fluctuate with changes in the market value of the fund's portfolio securities. Closed end funds are traded on the secondary market through a stock exchange. Investors acquire shares of a fund on a securities exchange at market value. Shares of closed end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. The closed end fund's principal value will fluctuate so that and investor's shares may be worth more or less than the original cost. The market price for a closed-end fund is based on supply and demand which fluctuates daily based on many factors, such as market risk, business risk, economic conditions and global events, investor sentiment, and security-specific factors. Consequently, you can lose money by investing in a closed end fund.

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