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Upturn AI SWOT - About
Bancroft Fund Limited (BCV)
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Upturn Advisory Summary
09/15/2025: BCV (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 39.2% | Avg. Invested days 59 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 110.97M USD | Price to earnings Ratio 8.53 | 1Y Target Price - |
Price to earnings Ratio 8.53 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.92 | 52 Weeks Range 15.61 - 18.94 | Updated Date 06/29/2025 |
52 Weeks Range 15.61 - 18.94 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 6.76% | Basic EPS (TTM) 2.22 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 265.59% | Operating Margin (TTM) 67.12% |
Management Effectiveness
Return on Assets (TTM) 1.46% | Return on Equity (TTM) 9.16% |
Valuation
Trailing PE 8.53 | Forward PE - | Enterprise Value 139643184 | Price to Sales(TTM) 22.91 |
Enterprise Value 139643184 | Price to Sales(TTM) 22.91 | ||
Enterprise Value to Revenue 10.45 | Enterprise Value to EBITDA - | Shares Outstanding 5862060 | Shares Floating - |
Shares Outstanding 5862060 | Shares Floating - | ||
Percent Insiders 3 | Percent Institutions 31.89 |
Upturn AI SWOT
Bancroft Fund Limited
Company Overview
History and Background
Bancroft Fund Limited (BCV) is a closed-end investment fund founded in 1929. It focuses on providing income and capital appreciation by investing primarily in convertible securities and common stocks.
Core Business Areas
- Convertible Securities Investment: Invests in convertible securities (bonds and preferred stocks) which can be converted into a predetermined amount of the issuer's common stock. The aim is to achieve high return.
- Common Stock Investment: Invests in common stocks to generate capital appreciation and income. Targets companies with growth potential.
Leadership and Structure
The fund is managed by a team of investment professionals at Gabelli Funds, LLC. Mario Gabelli is the Chairman and Portfolio Manager.
Top Products and Market Share
Key Offerings
- Convertible Securities Portfolio: BCV invests in a diversified portfolio of convertible securities. No specific market share data is publicly available. Competitors include other closed-end funds focused on convertible securities like AllianzGI Convertible & Income Fund (NCV) and Calamos Convertible Opportunities and Income Fund (CHI).
- Common Stock Portfolio: BCV also holds common stocks in its portfolio. No specific market share data is publicly available. Competitors include other funds investing in common stock.
Market Dynamics
Industry Overview
The closed-end fund industry is competitive, with many funds vying for investor capital. Convertible securities offer a blend of fixed income and equity participation.
Positioning
BCV positions itself as a balanced investment option for investors seeking income and capital appreciation. Its competitive advantage lies in its long history and experienced management team.
Total Addressable Market (TAM)
The TAM for convertible securities funds is substantial, estimated to be several billion dollars. BCV's position within this market is relatively small, but it has a loyal investor base.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Long operating history
- Diversified portfolio
- Focus on income and capital appreciation
Weaknesses
- High expense ratio
- Dependence on management team
- Susceptible to market volatility
- Limited brand recognition
Opportunities
- Growing demand for income-generating investments
- Expansion of convertible securities market
- Potential for increased distribution yield
- Strategic acquisitions
Threats
- Rising interest rates
- Increased competition
- Economic downturn
- Regulatory changes
Competitors and Market Share
Key Competitors
- NCV
- CHI
- CCD
- PCN
Competitive Landscape
BCV competes with other closed-end funds and investment firms. Its strengths include its experience and focus on convertible securities. Its weaknesses include its high expense ratio and limited brand recognition. Market share is approximate, and varies depending on the assets under management.
Growth Trajectory and Initiatives
Historical Growth: BCV's growth has been steady, driven by its investment performance and dividend payouts.
Future Projections: Future growth depends on market conditions and the fund's ability to generate positive returns.
Recent Initiatives: Recent initiatives may include adjustments to the portfolio allocation and strategies to enhance returns.
Summary
Bancroft Fund Limited is a long-standing closed-end fund focused on convertible securities and common stocks, aiming for income and capital appreciation. Its experienced management and consistent dividend payouts are strengths. However, high expense ratio and dependence on management remain weaknesses. Future growth depends on market conditions and the fund's investment strategies, with competition and rising interest rates posing potential threats.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Bancroft Fund Limited Website
- SEC Filings
- Morningstar
- Yahoo Finance
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Bancroft Fund Limited
Exchange NYSE MKT | Headquaters Rye, NY, United States | ||
IPO Launch date 1984-09-07 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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.
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