NCZ - Why Aren't These Closed-End Funds Getting More Love? Part 3: Bancroft Fund
Note: Data is accurate as of September 13, 2018, when this article was released to subscribers, and may now be out of date. Please check latest data before making investment decisions.
As long-time members will know, one of the more useful services provided by CEF/ETF Income Laboratory is to warn when a closed-end fund ((CEF)) becomes overvalued on the basis of absolute and relative valuation metrics, allowing members to (1) lock in juicy profits arising from premium/discount valuation changes alone, (2) sidestep potentially major capital losses if, or when, the premium/discount valuation reverts, and (3)