Mario J. Gabelli - 08 Jun 2023 Form 4 Insider Report for BANCROFT FUND LTD (BCV)

Role
Director, Control Person of Adviser
Signature
Peter D. Goldstein as Attorney-in-Fact for Mario J. Gabelli
Issuer symbol
BCV
Transactions as of
08 Jun 2023
Net transactions value
-$50,935
Form type
4
Filing time
12 Jun 2023, 16:55:33 UTC
Previous filing
01 Jun 2023
Next filing
22 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCV Common Shares, Par Value $0.001 Sale $50,935 -3,000 -7% $16.98 40,000 08 Jun 2023 Associated Capital Group, Inc. F1
holding BCV Common Shares, Par Value $0.001 140,732 08 Jun 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. (ACG). Mario J. Gabelli is the Executive Chair and controlling shareholder of ACG. Mr. Gabelli has less than a 100% interest in ACG and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.