BCV - Don't Be Fooled By The Low 4% Yield On BCV.

This article was first published to members of Yield Hunting on November 22nd. All data herein is from then unless otherwise specified.

Bancroft Fund (BCV)

This is an old fund run by GAMCO, the asset management business of Gabelli Mutual Funds. Mario Gabelli started what is now known as GAMCO back in 1977. The Bancroft Fund (BCV) was launched back in 1975 and Gabelli took over as the investment advisor only in late 2015.

Gabelli's convertible portfolio management has been a part of the business since 1979 with institutional portfolios. In

Read more ...