The Technical Analyst
Bancroft Fund Ltd [BCV]
Exchange: AMEX Industry: Asset Management
Bancroft Fund Ltd Price, Forecast, Insider, Ratings, Fundamentals & Signals
-1.03% $15.30
America/New_York / 10 mai 2024 @ 15:59
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 89.17 mill |
| EPS: | -8.30 |
| P/E: | -1.840 |
| Earnings Date: | N/A |
| SharesOutstanding: | 5.83 mill |
| Avg Daily Volume: | 0.0205 mill |
| RATING 2024-05-10 |
|---|
| C- |
| Strong Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Neutral | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Strong Sell | |
| P/E: | Strong Sell | |
| Price To Book: | Strong Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/21 | 4/21 | 2/22 | 4/22 | 2/23 | 4/23 | |
| Revenue | n/a | |||||
| Gr.Profit | n/a | |||||
| Ebit | n/a | |||||
| Asset | ||||||
| Debt | n/a | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -1.840 | sector: PE 12.30 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0x |
| Company: PE -1.840 | industry: PE -5.64 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 15.07 - 15.53 ( +/- 1.48%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-11 | Gabelli Mario J | Sell | 2 000 | Common Shares |
| 2024-03-28 | Gabelli Mario J | Sell | 2 000 | Common Shares |
| 2024-02-22 | Ball John Chester | Buy | 16 | Common Shares |
| 2024-02-02 | Gabelli Mario J | Sell | 2 000 | Common Shares |
| 2024-01-23 | Dinsmore James Andrew | Buy | 300 | Common Shares |
| INSIDER POWER |
|---|
| -95.24 |
| Last 89 transactions |
| Buy: 24 325 | Sell: 121 048 |
Forecast:
16:00 - $15.30
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $15.30
Forecast 2: 16:00 - $15.30
Forecast 3: 16:00 - $15.30
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $15.30 (-1.03% ) |
| Volume | 0.0274 mill |
| Avg. Vol. | 0.0205 mill |
| % of Avg. Vol | 134.06 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For BCV
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
BCV
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.
Latest Press Releases
2024-02-14 08:38:00 - Press Release
Bancroft Fund Ltd. Declares Distribution Of $0.32 Per Share
Rye, n.y., feb. 14, 2024 (globe newswire) -- the board of trustees of bancroft fund ltd. (nyse american:bcv) (the “fund”) declared a $0.32 per share cash distribution payable on march 21, 2024 to common shareholders of record on march 14, 2024.
2023-11-16 08:47:00 - Press Release
Bancroft Fund Ltd. Declares Distribution Of $0.32 Per Share
Rye, n.y., nov. 16, 2023 (globe newswire) -- the board of trustees of bancroft fund ltd. (nyse american:bcv) (the “fund”) declared a $0.32 per share cash distribution payable on december 28, 2023 to common shareholders of record on november 22, 2023.
2023-08-25 08:43:00 - Press Release
Bancroft Fund Ltd. declares Distribution Of $0.32 Per Share
Rye, n.y., aug. 25, 2023 (globe newswire) -- the board of trustees of bancroft fund ltd. (nyse american:bcv) (the “fund”) declared a $0.32 per share cash distribution payable on september 22, 2023 to common shareholders of record on september 15, 2023.
2021-08-19 08:20:00 - Press Release
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
2021-05-13 09:10:00 - Press Release
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
Latest News
2023-11-13 04:32:00 - Seeking Alpha
BCV And ECF: Convertible Bond Exposure, Offering Yield With Upside Potential
Bancroft Fund and Ellsworth Growth and Income Fund offer diversified exposure to convertible debt investments. Convertible bonds offer yield as fixed-income investments but also potential upside through conversion into common stock. Higher interest rates are leading to higher yields and more issuances of convertibles by higher-rated companies.
2023-11-12 07:04:46 - Seeking Alpha
BCV: Stay On The Sidelines Until The Right Market Conditions
The Bancroft Fund is a closed-end fund that focuses on convertible securities for current income and capital appreciation. BCV's distribution appears aggressive relative to the fund's long-term historical returns. Current market conditions are not conducive for convertible bonds as both equity and fixed income markets remain in bear markets.
2023-06-11 20:29:42 - Seeking Alpha
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.
2023-01-12 13:50:04 - Seeking Alpha
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.
2022-10-23 08:04:26 - Seeking Alpha
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.
2022-02-07 13:17:13 - Seeking Alpha
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.
2021-10-14 04:50:43 - Seeking Alpha
Gabelli Convertible & Income Securities Fund: An Attractive Higher Yield Convertible Fund
Gabelli Convertible & Income Securities Fund: An Attractive Higher Yield Convertible Fund
2021-09-19 04:25:17 - Seeking Alpha
ECF: A Discounted Fund With A ~5% Minimum Distribution Yield
2021-09-16 14:53:26 - Seeking Alpha
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.
2021-08-19 08:20:00 - Business Wire
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