Closed-End Fund

Bancroft

BCV

Convertible Securities

Fund Assets as of 05/12/2025
$103M
Index
ICE Bank of America Merrill Lynch U.S. Convertibles Index; Bloomberg Balanced U.S. Convertibles Index
Investment Category
Convertible Securities
Inception Date
4/20/1971
YTD Return
0.684%
Total Net Assets

XXXXXXXXX

NAV
$17.52
1 Day NAV Change
-0.455%
Dividends Paid
Quarterly
Minimum Initial Investment
N/A
Description of Strategy

Bancroft Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities.

Investment Objective

The Fund’s objectives are providing income and the potential for capital appreciation. The Fund considers these objectives to be relatively equal, over the long term, due to the nature of the securities in which it invests.

Why Invest

Strategic Income: These securities offer the potential for higher returns through equity upside and strong yields.

Investment Team

Portfolio Managers

james_dinsmore

James A. Dinsmore

15 years managing this fund
Portfolio Manager

James Dinsmore, CFA, joined Gabelli Funds LLC. in 2015. He currently serves as portfolio manager of Gabelli Funds, LLC and manages several funds within the Gabelli/GAMCO Funds Complex. James holds a BA in economics from Cornell University and an MBA from Rutgers University.   jdinsmore@gabelli.com (914) 921-8388  

Research Analysts

30

Supported by a centralized team of 30+ sector-focused analysts supporting Growth and Value portfolios

Historical Performance

Growth of $10,000

$-

Inception date to 5/12/2025

A graphical measurement of a portfolio’s net return that simulates the performance of an initial investment of $10,000 over the given time period.

Trailing Returns

As of 5/12/2025

Calendar Year Returns

Top Ten Holdings

Symbol Company Sector Portfolio

Portfolio Details

Fees

Gross Expense Ratio

1.10%

Net Expense Ratio

1.10%

Maximum Sales Charge

0.00%

Geographic Exposure By Country

Geographic Exposure By Region

Disclosures

Returns represent past performance and do not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and prospectus, please call 800-GABELLI or visit www.gabelli.com.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800 GABELLI or visit www.gabelli.com.

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