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Bancroft Fund Ltd Reaffirms Its 5% Minimum Distribution Policy and Declares Distribution of $0.29 Per Share

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of Bancroft Fund Ltd. (NYSE American:BCV) (the “Fund”) reaffirmed its 5% distribution policy and declared a $0.29 per share cash distribution payable on March 24, 2020 to common shareholders of record on March 17, 2020.