Bancroft Fund:BCV

    Overview

    As of 9/27/2016

     Share
    Price
    NAVPremium/
    Discount
    Current$21.03$22.49-6.50%
    52 Wk Avg$18.63$21.81-14.62%
    52 Wk High$21.25$23.51-4.93%
    52 Wk Low$15.90$19.62-19.77%
    Regular Distribution TypeIncome Only
    Distribution Rate4.76%
    Distribution Amount$0.2500
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks current income and capital appreciation through investment in convertible securities

    Capital Structure

    As of 9/27/2016

    Total Net Assets:$115.403M
    Total Common Assets:$115.402M
    Common Shares Outstanding:5,131,256
    Annual Expense Ratios

    As of 10/31/2015

      Per Common Share
    Management Fees0.70%
    Other Expenses:0.33%
    Baseline Expense: 1.03%
    Interest Expense:0.00%
    Total: 1.03%

    Fund Management

    Fund Sponsor
    Davis-Dinsmore MGMT Co.

    Portfolio Managers
    Thomas H. Dinsmore (01 Nov 1985) / James A. Dinsmore (01 Jan 2011) / Jane D O'Keeffe (01 Jan 2011)T

    Basics
    Category: Taxable Income-Convertible
    Ticker: BCV
    NAV Ticker: XBCVX
    Average Daily Volume (shares): 17,000
    Average Daily Volume (USD): $0.327M
    Inception Date: 10/4/1971
    Inception Share Price: $20.00
    Inception NAV:
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 9/27/2016

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2016
    $0.0255
    Annualized Distribution Rate on NAV:
    As of 9/27/2016
    4.45%
    Total Return on NAV (12 months):
    As of 9/27/2016
    6.66%
    Avg. UNII Per Share:
    As of 4/30/2016
    -$0.9002
    Total % Portfolio Effectively Leveraged:
    As of 9/27/2016
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/27/2016

    PeriodAvg Discount
    6 Month-12.28%
    1 Year-14.62%
    3 Year-15.09%
    5 Year-14.83%
    Z-Score

    As of 9/28/2016

    PeriodZStat
    3 Month1.10
    6 Month1.70
    1 Year2.40
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/27/2016
    Category: Convertibles Non-Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD20.20%7.25%14.97%7.61%
    2015-0.79%-1.03%-1.29%-1.59%
    201410.57%7.97%11.90%8.49%
    201317.02%19.06%17.71%19.45%
    201212.35%11.95%11.79%11.60%
    2011-7.60%-5.77%-7.73%-5.48%
    201017.48%15.28%17.18%15.23%
    200943.38%45.20%41.83%43.62%
    2008-38.38%-38.09%-36.83%-38.19%
    200712.15%8.56%9.07%7.92%
    200615.47%7.47%16.92%9.94%
    20050.48%10.09%3.56%6.53%
    20043.97%2.56%5.63%5.22%
    200310.53%18.59%  
    2002-8.72%-6.67%  
    200111.63%-2.63%  
    200013.76%2.27%  
    19996.11%14.50%  
    19986.41%11.33%  
    199723.98%18.59%  
    199617.42%18.76%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/27/2016
    Category: Convertibles Non-Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 4/30/2016
    105
    Annual Portfolio Turnover:
    As of 10/31/2015
    48.00%
    Asset Allocation

    As of 4/29/2016 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2016 reported by Fund Sponsor

    Sector%Portfolio
    Health Care 19.20%
    Computer Software & Servi16.70%
    Financial 9.70%
    Energy& Utilities 9.50%
    Semiconductors 7.20%
    Top Holdings

    As of 4/30/2016 reported by Fund Sponsor

    HoldingValue% Portfolio
    Other Assets And Liabilities (Net)$3.95M3.58%
    Priceline Com Cv 1% 1.00 15 Mar 2018$2.23M2.02%
    Teva Pharmaceutical Industries Ltd. 7.00 7.00 15 Dec 2018$2.15M1.95%
    Amsurg Corp. 5.250% 5.25 01 Jul 2017$2.13M1.93%
    Crown Castle International Corp. 4.500% 4.50 01 Nov 2016$2.12M1.93%
    American Tower Corp. 5.500% 5.50 15 Feb 2018$2.07M1.88%
    T-Mobile Us Inc. 5.500% 5.50 15 Dec 2017$2.03M1.85%
    Wells Fargo & Co., 7.500% 7.50$1.87M1.70%
    Allergan Plc 5.500% 5.50 01 Mar 2018$1.87M1.69%
    Interdigital Cv 1.5% 1.50 01 Mar 2020$1.84M1.67%
    Tyson Foods 4.75% 4.75 15 Jul 2017$1.82M1.65%
    Country Allocation

    As of 4/29/2016 reported by Fund Sponsor

    Country% Portfolio
    USA 100.00%

    CEFConnect.com makes data for the universe of closed-end funds available as a courtesy to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

    NOTES:

    Distribution type sourced from Morningstar. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    Data Provided by Morningstar
    Interactive Charts by Morningstar
    View Morningstar Notice and Disclaimer