BCV Bancroft Fund Ltd.

Bancroft Fund Ltd. functions as a closed-end equity investment vehicle, initially launched by GAMCO Investors, Inc., with its portfolio currently overseen by Gabelli Funds, LLC. Its core investment approach targets public equities, placing significant emphasis on convertible securities, specifically including convertible debt and preferred shares. The fund diversifies its holdings across companies of all market capitalization sizes. For performance evaluation, it measures its returns against the S&P 500 Index, the Bank of America Merrill Lynch All U.S. Convertibles Index, and the Barclays Balanced U.S. Convertibles Index. Established on April 20, 1971, this U.S.-domiciled entity was previously known as Bancroft Convertible Fund, Inc.