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BCV
Upturn stock ratingUpturn stock rating

Bancroft Fund Limited (BCV)

Upturn stock ratingUpturn stock rating
$21.05
Last Close (24-hour delay)
Profit since last BUY15.72%
upturn advisory
Consider higher Upturn Star rating
BUY since 58 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

08/28/2025: BCV (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 15.72%
Avg. Invested days 58
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

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

ai summary icon Upturn AI SWOT

Bancroft Fund Limited

stock logo

Company Overview

overview logo History and Background

Bancroft Fund Limited (BCV) is a closed-end investment company founded in 1971. It seeks high current income and capital appreciation through investments in convertible securities and common stock.

business area logo Core Business Areas

  • Convertible Securities Investing: Invests in a portfolio of convertible securities, which offer the potential for income and capital appreciation.
  • Equity Investing: Invests in common stock, providing an additional source of capital appreciation potential.

leadership logo Leadership and Structure

The fund is managed by Gabelli Funds, LLC. Mario Gabelli is the Chairman and a portfolio manager. The fund operates under a Board of Directors.

Top Products and Market Share

overview logo Key Offerings

  • Convertible Securities Portfolio: BCV invests primarily in convertible securities. The fund's market share is dependent on its AUM compared to other convertible securities funds. Competitors include other closed-end funds and ETFs focused on convertible securities.
  • Equity Portfolio: BCV also invests in common stock. The percentage varies over time. The fund's market share is small relative to the overall equity market.

Market Dynamics

industry overview logo Industry Overview

The closed-end fund industry is influenced by interest rates, market volatility, and investor sentiment. Demand for income-generating assets drives investment in convertible securities.

Positioning

BCV is positioned as a provider of both income and growth through its convertible and equity investments. Its competitive advantage lies in Gabelli's expertise in security selection.

Total Addressable Market (TAM)

The total addressable market for closed-end funds is in the hundreds of billions of dollars. BCV's position depends on its AUM and ability to attract investors seeking its specific investment strategy.

Upturn SWOT Analysis

Strengths

  • Experienced management team (Gabelli Funds)
  • Diversified portfolio of convertible securities and equities
  • High current income potential
  • Long track record

Weaknesses

  • Closed-end fund structure can lead to trading at a discount to NAV
  • Performance is subject to market volatility
  • Management fees can impact returns

Opportunities

  • Rising interest rates can increase income from convertible securities
  • Market corrections can provide opportunities to purchase undervalued assets
  • Growing demand for income-generating investments
  • Potential to narrow the discount to NAV

Threats

  • Economic downturns can negatively impact performance
  • Increased competition from other investment products
  • Changes in interest rates can affect convertible security values
  • Regulatory changes

Competitors and Market Share

competitor logo Key Competitors

  • ASG
  • CHI
  • CFG

Competitive Landscape

BCV's advantages include Gabelli's expertise. Disadvantages include the closed-end fund structure.

Growth Trajectory and Initiatives

Historical Growth: Growth has been driven by asset appreciation and reinvestment of dividends. Growth is tied to the overall market performance and the fund's ability to generate alpha.

Future Projections: Future growth is dependent on market conditions and the fund's ability to generate returns. Analyst estimates would be based on these factors.

Recent Initiatives: Recent initiatives would include portfolio adjustments based on market conditions and security selection by Gabelli Funds.

Summary

Bancroft Fund Limited offers income and growth through convertible securities and equities. Its strength lies in Gabelli's management, but the closed-end fund structure can create volatility. Investors should be aware of market risks and the potential for discounts to NAV. Future performance depends on market conditions and security selection.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC filings
  • Company website
  • Morningstar
  • Yahoo Finance

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.