BCV

Bancroft Fund Ltd. [BCV] Stock Forecast

Q: What is Bancroft Fund Ltd. stock symbol ?

Bancroft Fund Ltd. is a US stock, located in Rye of Ny and trading under the symbol BCV

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BCV Stock Summary

BCV's dividend payments are well covered by cash flows with cash payout ratio of 31.88%.

BCV has more than 36 years of cash runway (442 months)

Earnings are expected to fall -100% next year

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In the News

08:29 29 Sep 2023 BCV

BCV: An Opportunity In The Convertible Securities Space

Bancroft Fund is trading at a deep discount and invests mostly in convertible securities. The fund's discount is attractive, and recent higher yields on convertibles could lead to better returns going forward. BCV's net investment income has increased significantly, and the rising interest rates and higher yields on convertibles make the fund more attractive for investors.

01:50 29 Sep 2023 BCV

BCV: Signs Of Stabilizing With An Attractive Discount

The overall market and BCV have been stabilizing since our previous update. Being towards the end of interest rate hikes should mean that this stabilization could continue.

08:04 29 Sep 2023 BCV

BCV: Deep Discount Could Present An Opportunity

BCV's discount has widened even further since the last time we looked at the fund. It is below its decade long average, though not all-time deep discount.

01:17 29 Sep 2023 BCV

BCV: Attractive Discount Presenting An Opportunity

BCV has been getting hit by the market, and discounts have expanded, similar to its sister fund, ECF. These funds operate in the convertible space, but BCV seems to be more pure-play.

04:50 29 Sep 2023 BCV

Gabelli Convertible & Income Securities Fund: An Attractive Higher Yield Convertible Fund

04:25 29 Sep 2023 BCV

ECF: A Discounted Fund With A ~5% Minimum Distribution Yield

02:53 29 Sep 2023 BCV

BCV: A Value In The Convertible Space, Though Some Caution Worth Noting

BCV remains an attractively valued convertible fund as convertibles take a breather this year.

08:20 29 Sep 2023 BCV

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) declared a $0.32 per share cash distribution payable on September 23, 2021 to common shareholders of record on September 16, 2021. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund's trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies

09:10 29 Sep 2023 BCV

Bancroft Fund Ltd. Declares Distribution of $0.32 Per Share

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) declared a $0.32 per share cash distribution payable on June 23, 2021 to common shareholders of record on June 16, 2021. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund's trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies. Each qua

12:23 29 Sep 2023 BCV

GAB: High Yielding Equity Fund

BCV Financial details

Company Rating

Neutral

Market Cap

94.52M

Income

23.6M

Revenue

7.2M

Book val./share

Cash/share

Dividend

1.28

Dividend %

8.12%

Employees

Optionable

Shortable

Yes

Earnings

P/E

-1.67

Forward P/E

PEG

0.4

P/S

-1.92

P/B

0.55

P/C

P/FCF

3.91

Quick Ratio

4.9

Current Ratio

4.9

Debt / Equity

LT Debt / Equity

EPS (TTM)

4.53

EPS next Y

EPS next Q

EPS this Y

-220.15%

EPS next Y

EPS next 5Y

EPS last 5Y

NAN%

Revenue last 5Y

NAN%

Revenue Q/Q

-8.55%

EPS Q/Q

-118.97%

SMA20

-4.43%

SMA50

-8.9%

SMA100

-1.91%

Inst Own

20.25%

Inst Trans

ROA

-33%

ROE

-27%

ROC

-0.33%

Gross Margin

100%

Oper. Margin

101%

Profit Margin

101%

Payout

-29%

Shs Outstand

5.88M

Shs Float

Target Price

52W Range

15.9-19.22

52W High

-16.99%

52W Low

+5.14%

RSI

35.29

Rel Volume

0.52

Avg Volume

14.14K

Volume

7.39K

Perf Week

-1%

Perf Month

-7.07%

Perf Quarter

-5.84%

Perf Half Y

-5.34%

Beta

0.955394

Volatility

0.18%, 0.37%

Prev Close

0.39%

Price

15.771

Change

-0.18%

BCV Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-10-31

Metric	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Revenue per share	1.86	4.93	5.51	8.26	-9.34
Net income per share	1.75	4.82	5.39	8.15	-9.42
Operating cash flow per share	1.75	4.82	0	0	0
Free cash flow per share	1.75	4.82	0	0	0
Cash per share	0	0.01	0.01	0	0
Book value per share	36.85	33.75	36.72	41.02	28.49
Tangible book value per share	36.85	33.79	36.79	41.02	28.49
Share holders equity per share	36.85	33.75	36.72	41.02	28.49
Interest debt per share	0	0	0	0	0
Market cap	85.26M	117.88M	123.1M	156.8M	91.98M
Enterprise value	85.26M	117.84M	123.07M	156.8M	91.98M
P/E ratio	11.69	4.97	4.57	3.71	-1.88
Price to sales ratio	10.98	4.85	4.47	3.66	-1.9
POCF ratio	11.69	4.97	0	0	0
PFCF ratio	11.69	4.97	0	0	0
P/B Ratio	0.55	0.71	0.67	0.74	0.62
PTB ratio	0.55	0.71	0.67	0.74	0.62
EV to sales	10.98	4.85	4.47	3.66	-1.9
Enterprise value over EBITDA	11.69	4.97	4.57	3.71	-1.88
EV to operating cash flow	11.69	4.97	0	0	0
EV to free cash flow	11.69	4.97	0	0	0
Earnings yield	0.09	0.2	0.22	0.27	-0.53
Free cash flow yield	0.09	0.2	0	0	0
Debt to equity	0	0	0	0	0
Debt to assets	0	0	0	0	0
Net debt to EBITDA	0	0	0	0	0
Current ratio	4.86	1.2	1.93	3.6	4.9
Interest coverage	51.01K	27.08K	106.53K	64.49K	-44.29K
Income quality	1	1	0	0	0
Dividend Yield	0.09	0.12	0	0	0
Payout ratio	1.06	0.59	0	0	0
Sales general and administrative to revenue	0.05	0.02	0.02	0.01	-0.01
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	38.05	60.48	66.75	86.73	77.7
ROIC	0.05	0.14	0.15	0.2	-0.33
Return on tangible assets	0.05	0.14	0.15	0.2	-0.33
Graham Net	0.04	-0.03	0.07	-0.03	0.04
Working capital	622.68K	289.73K	680.39K	407.09K	611K
Tangible asset value	153.93M	166.38M	183.88M	212.54M	147.64M
Net current asset value	341.79K	289.73K	680.39K	3.15K	403.27K
Invested capital	0	0	0	0	0
Average receivables	823.96K	1.26M	1.56M	972.22K	665.74K
Average payables	161.25K	823.29K	1.11M	444.13K	156.77K
Average inventory	0	0	0	0	0
Days sales outstanding	36.67	26.06	18.31	4.81	-5.79
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	9.95	14.01	19.93	75.92	-63.02
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.05	0.14	0.15	0.2	-0.33
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2023-03-31 for Q2

Metric	2021-04-30	2021-10-31	2022-04-30	2022-10-31	2023-03-31
Revenue per share	0	0	0	0	0
Net income per share	0	0	0	0	0
Operating cash flow per share	0	0	0	0	0
Free cash flow per share	0	0	0	0	0
Cash per share	0	0	0	0	0
Book value per share	0	0	0	0	0
Tangible book value per share	0	0	0	0	0
Share holders equity per share	0	0	0	0	0
Interest debt per share	0	0	0	0	0
Market cap	0	0	0	0	0
Enterprise value	-38.25K	1.09K	-4.16K	-157	-25.63K
P/E ratio	0	0	0	0	0
Price to sales ratio	0	0	0	0	0
POCF ratio	0	0	0	0	0
PFCF ratio	0	0	0	0	0
P/B Ratio	0	0	0	0	0
PTB ratio	0	0	0	0	0
EV to sales	0	0	0	0	0
Enterprise value over EBITDA	0	0	0	0	0
EV to operating cash flow	0	0	0	0	0
EV to free cash flow	0	0	0	0	0
Earnings yield	0	0	0	0	0
Free cash flow yield	0	0	0	0	0
Debt to equity	0	0	0	0	0
Debt to assets	0	0	0	0	0
Net debt to EBITDA	0	0	0	0	0
Current ratio	0.36	3.6	0.72	4.9	1.27
Interest coverage	0	0	0	0	0
Income quality	0	0	0	0	0
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	0	0	0	0	0
ROIC	0	0	0	0	0
Return on tangible assets	0	0	0	0	0
Graham Net	0	0	0	0	0
Working capital	-1.19M	407.09K	-245.07K	611K	414.19K
Tangible asset value	210.88M	212.54M	167.11M	147.64M	116.89M
Net current asset value	-1.57M	3.15K	-648.28K	403.27K	-29.75M
Invested capital	0	0	0	0	0
Average receivables	1.01M	597.67K	594.46K	696.33K	1.34M
Average payables	1.29M	1.01M	515.53K	515.53K	839.55K
Average inventory	0	0	0	0	0
Days sales outstanding	0	0	0	0	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0	0	0	0	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0	0	0	0	0
Capex per share	0	0	0	0	0

BCV Dividend History

BCV Frequently Asked Questions

What is Bancroft Fund Ltd. stock symbol ?

Bancroft Fund Ltd. is a US stock , located in Rye of Ny and trading under the symbol BCV

What is Bancroft Fund Ltd. stock quote today ?

Bancroft Fund Ltd. stock price is $15.771 today.

Is Bancroft Fund Ltd. stock public?

Yes, Bancroft Fund Ltd. is a publicly traded company.

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Company Profile

Volume Average 14.14K
Market Capitalization 94.52M
CEO Mr. Thomas Hall Dinsmore C.F.A., CFA
Headquarters Rye,NY,US
IPO Date 1980-03-17
Website https://www.gabelli.com/Template/fundinfo.cfm?tid=NzZjZjM=&bid=OTA3YQ==&mid=NGNlN2E=&num=NWRhZWU=&kid=NTVhZGY=&fid=NTNiMDc=&rid=321-=edoc_dnuf

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.