BCV

Bancroft Fund

BCV

Market cap $126M

Overview Fund Activity

21.55 USD

+0.09

0.42%

At close Updated Sep 12, 4:00 PM EDT

1 day

0.42%

5 days

3.66%

1 month

8.45%

3 months

15.8%

6 months

22.1%

Year to date

21.61%

1 year

32.13%

5 years

-16.05%

10 years

11.2%

About: Bancroft Fund Ltd is a diversified closed-end management company. It operates as a closed-ended equity mutual fund. The funds' main objective is to provide income and potential for capital appreciation. With the intent to achieve its objective, the company invests in convertible and equity securities. It invests across different industries such as Computer Software and Services, Energy and Utilities, Health Care among others.

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

45% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 11

14% more capital invested

Capital invested by funds: $32.7M [Q1] → $37.2M (+$4.48M) [Q2]

1.42% more ownership

Funds ownership: 32.0% [Q1] → 33.42% (+1.42%) [Q2]

5% less funds holding

Funds holding: 40 [Q1] → 38 (-2) [Q2]

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

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Financial journalist opinion

Bancroft Fund Ltd. Declares Distribution of $0.32 per Share

RYE, N.Y., Aug. 27, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) declared a $0.32 per share cash distribution payable on September 23, 2025 to common shareholders of record on September 16, 2025.

Bancroft Fund Ltd. Declares Distribution of $0.32 per Share

Bancroft Fund Ltd. Increases Annual Distribution 10% to $1.40 From $1.28

RYE, N.Y., Aug. 26, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) increased the quarterly distribution to $0.35 per share. The increased quarterly distributions will commence with the distribution payable in December 2025. This is a 10% increase from $0.32 per share, bringing the annualized distribution rate to $1.40 from $1.28 per share. The increase underscores the strength of the Fund's NAV total return of 20% year to date.

Bancroft Fund Ltd. Increases Annual Distribution 10% to $1.40 From $1.28

BCV: An Improving Convertible Bond Fund, Should Be Better Than Traditional Bonds

The Bancroft Fund offers strong inflation protection and superior asset allocation by focusing almost entirely on convertible securities, avoiding traditional bonds. Recent outperformance is driven by timely investments in MP Materials and Uber, yet the fund's yield lags most convertible bond peers. There is a large probability that bonds will deliver negative real returns going forward due to U.S. dollar devaluation, which makes convertibles the best choice for bond investors.

BCV: An Improving Convertible Bond Fund, Should Be Better Than Traditional Bonds

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) declared a $0.32 per share cash distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025.

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) declared a $0.32 per share cash distribution payable on March 24, 2025 to common shareholders of record on March 17, 2025.

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

BCV: Decent, But Not Amazing Compared To Other Convertible Funds

The Bancroft Fund offers a 7.12% yield, outperforming most domestic stock or bond indices but lagging behind its peers in yield and historical performance. The fund primarily invests in convertible bonds, which provide equity-like gains and inflation protection, making it appealing for income-focused investors wary of traditional bonds. Despite underperforming in the first half of 2024, the fund's net asset value has been up since May, and it fully covered its distributions through unrealized capital gains.

BCV: Decent, But Not Amazing Compared To Other Convertible Funds

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

RYE, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American:BCV) (the “Fund”) declared a $0.32 per share cash distribution payable on December 30, 2024 to common shareholders of record on November 22, 2024.

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American:BCV) (the “Fund”) declared a $0.32 per share cash distribution payable on September 23, 2024 to common shareholders of record on September 16, 2024.

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

Bancroft Fund: This 8%-Yielding CEF Provides Some Income, But It's Nothing Special

The Bancroft Fund offers a high yield of 8.17% for income-focused investors, but its yield is relatively low compared to other similar closed-end funds. The BCV closed-end fund's share price performance over the past five years is discouraging, as it has declined by 25.63%. The fund's holdings primarily consist of convertible securities, with only one common stock position. This is a bit less common equity exposure than peers.

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

RYE, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American:BCV) (the “Fund”) declared a $0.32 per share cash distribution payable on June 21, 2024 to common shareholders of record on June 13, 2024.

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

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