Bancroft Fund Ltd. (BCV) AMEX

26.84

+0.235(+0.88%)

Updated at June 02 03:55PM

Currency In USD

Bancroft Fund Ltd.

Address

One Corporate Center

Rye, NY 10580-1422

United States of America (the)

Phone

914-921-5000

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

March 17, 1980

Key Executives

NameTitlePayYear Born
John Chester BallTreasurer and Principal Financial & Accounting Officer01976
Richard John WalzChief Compliance Officer01959
Thomas Hall DinsmorePortfolio Manager01953
James A. DinsmorePresident01982

Description

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.