(BCV) Bancroft Fund Limited - Ratings and Ratios

Bancroft Fund Ltd. (NYSE MKT:BCV) is a closed-ended equity mutual fund managed by Gabelli Funds, LLC, and launched by GAMCO Investors, Inc. The fund focuses on investing in public equity markets, primarily through convertible securities such as convertible debt and preferred stocks. It targets companies across various market capitalizations and benchmarks its performance against the S&P 500 Index, Bank of America Merrill Lynch All U.S. Convertibles Index, and Barclays Balanced U.S. Convertibles Index. Established on April 20, 1971, the fund is domiciled in the United States and was previously known as Bancroft Convertible Fund, Inc. For more information, visit https://www.gabelli.com/Template/fundinfo.cfm?tid=.

As of the latest data, Bancroft Fund Ltd. has a market capitalization of $107.39 million USD, with a price-to-book ratio of 0.95, indicating potential undervaluation relative to its book value. However, the return on equity stands at -5.81%, reflecting financial challenges. The funds average 20-day volume is 18,349 shares, with a last price of $17.92. Its short-term moving averages (SMA 20 and SMA 50) are $18.42 and $18.20, respectively, while the SMA 200 is $16.63, suggesting recent upward momentum. The average true range (ATR) of 0.26 highlights moderate volatility.