Bancroft Fund Ltd. is a closed-end, diversified management investment company and invests primarily in convertible securities, with the objectives of providing income and the potential for capital appreciation; which objectives the Fund considers to be relatively equal, over the long-term, due to the nature of the securities in which it invests.
Company profile
Ticker
BCV, XBCVX
Exchange
CEO
Mario Gabelli
Employees
Incorporated
Location
Fiscal year end
Former names
BANCROFT CONVERTIBLE FUND INC
SEC CIK
IRS number
42476994
BCV stock data
Latest filings (excl ownership)
DEFR14A
Revised proxy
3 Apr 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
N-CEN
Annual report (registered investment company)
13 Dec 23
N-CSR
Certified annual shareholder report (management investment company)
7 Dec 23
N-PX
Annual report of proxy voting record
18 Aug 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
2 Jun 23
DEFA14A
Additional proxy soliciting materials
5 Apr 23
DEF 14A
Definitive proxy
5 Apr 23
N-CEN
Annual report (registered investment company)
12 Jan 23
Latest ownership filings
4
MARIO J GABELLI
12 Apr 24
4
MARIO J GABELLI
1 Apr 24
NPORT-P
Bancroft Fund Ltd (Dec 2023 report)
29 Feb 24
4
John Chester Ball
23 Feb 24
4
MARIO J GABELLI
6 Feb 24
4
James Andrew Dinsmore
25 Jan 24
4
MARIO J GABELLI
2 Jan 24
144
Notice of proposed sale of securities
28 Dec 23
144
Notice of proposed sale of securities
8 Dec 23
4
MARIO J GABELLI
8 Dec 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
Bancroft Fund Ltd | – | -9.07 | 4.32 | 8.94 | 141.50 mm | 88 | Dec 2023 |
Institutional ownership, Q3 2023
18.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 36 |
Opened positions | 2 |
Closed positions | 3 |
Increased positions | 10 |
Reduced positions | 14 |
13F shares | Current |
---|---|
Total value | 15.88 bn |
Total shares | 1.09 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
AMP Ameriprise Financial | 199.87 k | $3.14 bn |
MS Morgan Stanley | 159.78 k | $2.52 bn |
Shaker Financial Services | 74.30 k | $1.17 bn |
UBS UBS Group AG - Registered Shares | 69.24 k | $1.09 bn |
Cambridge Investment Research Advisors | 62.60 k | $987.00 k |
RY Royal Bank Of Canada | 54.22 k | $855.00 mm |
WFC Wells Fargo & Co. | 50.92 k | $803.03 mm |
LPL Financial | 41.02 k | $646.92 mm |
IVZ Invesco | 40.83 k | $643.81 mm |
GABELLI & Co INVESTMENT ADVISERS | 40.00 k | $630.80 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Apr 24 | Gabelli Mario J | Common Shares | Sell | Dispose S | Yes | No | 15.458 | 2,000 | 30.92 k | 31,000 |
28 Mar 24 | Gabelli Mario J | Common Shares | Sell | Dispose S | No | No | 15.8981 | 2,000 | 31.80 k | 137,000 |
22 Feb 24 | John Chester Ball | Common Shares | Buy | Acquire P | No | No | 15.715 | 16 | 251.44 | 16 |
2 Feb 24 | Gabelli Mario J | Common Shares | Sell | Dispose S | Yes | No | 15.4042 | 2,000 | 30.81 k | 33,000 |
23 Jan 24 | James Andrew Dinsmore | Common Shares | Buy | Acquire P | No | No | 15.405 | 300 | 4.62 k | 678.079 |