Bethany A. Uhlein
About Bethany A. Uhlein
Bethany A. Uhlein serves as Vice President and Ombudsman of Bancroft Fund Ltd. (BCV), with service “since 2019”; her year of birth is 1990. She has broader responsibilities across the Gabelli Fund Complex, serving as Vice President and/or Ombudsman since 2017 and as Senior Vice President of GAMCO Investors, Inc. since 2021, based at One Corporate Center, Rye, NY 10580-1422 . Earlier roles include Assistant Vice President (since 2015) and Associate (2013–2015) at GAMCO Asset Management Inc. . Fund-level performance metrics (TSR, revenue/EBITDA growth) tied to her compensation are not disclosed in BCV filings .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Bancroft Fund Ltd. (BCV) | Vice President & Ombudsman | Since 2019 | Officer role supporting shareholder communications/governance within the Gabelli Fund Complex |
| Gabelli/GAMCO Fund Complex | Vice President and/or Ombudsman | Since 2017 | Ombudsman across closed‑end funds in the complex |
| GAMCO Investors, Inc. | Senior Vice President | Since 2021 | Senior leadership at the adviser to the Fund |
| GAMCO Asset Management Inc. | Assistant Vice President | Since 2015 | Progression within the adviser’s operating roles |
| GAMCO Asset Management Inc. | Associate | 2013–2015 | Early career role in asset management |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| — | — | — | No external public company directorships or committee roles disclosed in BCV filings for Uhlein |
Fixed Compensation
- BCV proxy statements present compensation for Trustees and, “officers, if any, who were compensated by the Fund rather than the Adviser.” No officer compensation amounts are shown for Uhlein, indicating officers are compensated by the Adviser and not by the Fund; therefore base salary, bonus, or perquisites are not disclosed at the Fund level .
- Trustee fee schedule (context): Independent Trustees receive an annual retainer of $8,500, $1,000 per Board meeting, $500 per committee meeting; certain chair roles receive additional annual fees ($2,000 Audit, $2,000 Nominating, $1,000 Lead Independent) .
Performance Compensation
- Not disclosed for Fund officers: No targets, weightings, or payout formulas (e.g., revenue growth, EBITDA, TSR percentile, ESG metrics) are provided for Uhlein in BCV filings .
Equity Ownership & Alignment
- Officer holdings: BCV proxies provide “Beneficial Ownership of Shares” tables for Trustees and nominees, not officers; no officer-level (including Uhlein) holdings, pledging, or hedging disclosures appear in BCV filings .
- Stock ownership guidelines and compliance: Not disclosed for Fund officers in BCV proxies .
Employment Terms
- Term: Officers “will hold office for an indefinite term until the date he or she resigns or retires or until his or her successor is duly elected and qualified” .
- Contract terms: No employment agreement details, non-compete, non-solicit, garden leave, severance, change‑of‑control or clawback provisions are disclosed for Uhlein at the Fund level .
Investment Implications
- Pay-for-performance alignment: Because BCV officers are compensated by the Adviser and not the Fund, fund-level pay-for-performance linkages (TSR, NAV performance, distribution coverage) are opaque; no officer metrics or payout details are disclosed in BCV proxies .
- Insider selling pressure: No Section 16 ownership or transaction filings for Uhlein were found in the BCV document set; beneficial ownership tables cover Trustees, not officers, limiting visibility into potential selling pressure or vesting events .
- Retention risk and continuity: Uhlein’s tenure “since 2019” at BCV and her broader Senior Vice President role at GAMCO Investors suggest continuity; officers serve indefinite terms until resignation/retirement or replacement, with no disclosed severance/change‑of‑control incentives at the Fund level .
- Governance signal: BCV’s proxies emphasize trustee compensation and governance practices; the absence of officer-level compensation and ownership disclosures reduces transparency into individual incentives for Fund officers .