Mario J. Gabelli - 14 Apr 2023 Form 4 Insider Report for BANCROFT FUND LTD (BCV)

Signature
Peter D. Goldstein as Attorney-in-Fact for Mario J. Gabelli
Issuer symbol
BCV
Transactions as of
14 Apr 2023
Net transactions value
-$198,977
Form type
4
Filing time
17 Apr 2023, 16:51:12 UTC
Previous filing
28 Mar 2023
Next filing
18 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCV Common Shares Sale $198,977 -12,000 -21% $16.58 45,000 14 Apr 2023 Associated Capital Group, Inc. F1
holding BCV Common Shares 140,732 14 Apr 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported reflect the total shares owned by Associated Capital Group, Inc. (AC). Mario J. Gabelli is the Executive Chair and controlling shareholder of AC. Mr. Gabelli has less than a 100% interest in AC and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.