Preheat Oven: Preheat your oven to 350°F (177°C) and grease a bundt pan using Crisco and flour.
Cream Butter and Cream Cheese: In a large bowl, beat the softened butter and cream cheese together until smooth and creamy.
Add Sugar: Gradually add the granulated sugar to the butter and cream cheese mixture, mixing well until light and fluffy.
Add Eggs: Add the eggs two at a time, beating well after each addition.
Mix in Vanilla: Stir in the vanilla extract until evenly combined.
Combine Dry Ingredients: In a separate bowl, whisk together the flour, baking powder, and salt.
Combine Wet and Dry Ingredients: Gradually add the dry ingredients to the wet mixture, alternating with the milk, and mixing until just combined.
Bake: Pour the batter into the prepared bundt pan and bake for 50-60 minutes, or until a toothpick inserted into the center comes out clean.
Cool: Allow the cake to cool in the pan for 15 minutes before transferring it to a wire rack to cool completely.
Prepare Glaze: In a medium bowl, whisk together powdered sugar, melted butter, vanilla extract, and milk until smooth. Adjust the consistency with more milk if needed.
Glaze Cake: Once the cake is completely cooled, drizzle the glaze over the top.
Serve: Slice and enjoy this decadent and moist bundt cake!