Bancroft Fund Ltd.

Bancroft Fund Ltd.verified

BCV

Price:

$16.53

Market Cap:

$97.08M

Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets. It primarily invests in convertible securities including convertible debt and convertible preferred stocks. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Index, Bank of America Merrill Lynch All U.S. Convertibles Index, and Barclays Balanced U.S. Convertibles Index. The fund was formerly known as Bancroft Convertible Fund, Inc. Bancroft Fund Ltd. was formed on April 20, 1971 and is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

BCV

The Dividend Yield as of September 2024 (TTM) for Bancroft Fund Ltd. (BCV) is 7.74%

According to Bancroft Fund Ltd.’s latest financial reports and current stock price. The company's current Dividend Yield is 7.74%. This represents a change of Infinity% compared to the average of 0% of the last 4 quarters.

Bancroft Fund Ltd. (BCV) Historical Dividend Yield (quarterly & annually)

How has BCV Dividend Yield performed in the past?

The mean historical Dividend Yield of Bancroft Fund Ltd. over the last ten years is 4.82%. The current 7.74% Dividend Yield has changed 60.71% with respect to the historical average. Over the past ten years (40 quarters), BCV's Dividend Yield was at its highest in in the April 2008 quarter at 14.22%. The Dividend Yield was at its lowest in in the October 2020 quarter at 0%.

Quarterly (TTM)
Annual

Average

4.82%

Median

3.66%

Minimum

0%

Maximum

11.83%

Bancroft Fund Ltd. (BCV) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Bancroft Fund Ltd. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Dividend Yield = 11.83%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20220%0%
20210%0%
20200%-100.00%
201911.83%30.94%
20189.04%15.61%
20177.82%-16.87%
20169.40%118.49%
20154.30%55.07%
20142.77%-8.18%
20133.02%-9.05%

Bancroft Fund Ltd. (BCV) Average Dividend Yield

How has BCV Dividend Yield performed in the past?

The current Dividend Yield of Bancroft Fund Ltd. (BCV) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0%

5-year avg

4.17%

10-year avg

4.82%

Bancroft Fund Ltd. (BCV) Dividend Yield vs. Peers

How is BCV’s Dividend Yield compared to its peers?

Bancroft Fund Ltd.’s Dividend Yield is less than GAMCO Natural Resources, Gold & Income Trust (5.99%), less than Neuberger Berman New York Municipal Fund, Inc. (0.29%), less than RiverNorth Flexible Municipal Income Fund II, Inc. (7.17%), less than Legg Mason BW Global Income Opportunities Fund Inc. (10.78%), greater than Ameritrans Capital Corp. PFD PRT 9.375% (0%), greater than Bounce Mobile Systems, Inc. (0%), greater than Elysee Development Corp. (0%), greater than Azimut Holding S.p.A. (0%), less than AGF Management Limited (5.37%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (4.56%), less than The Gabelli Convertible and Income Securities Fund Inc. (12.35%), less than MFS Investment Grade Municipal Trust (3.90%), less than Azimut Holding S.p.A. (5.17%),

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