Bancroft Fund: This 8%-Yielding CEF Provides Some Income, But It's Nothing Special
Sprott(CEF) seekingalpha.com·2024-05-29 06:02
Kameleon007 The Bancroft Fund (NYSE:BCV) is a little-known closed-end fund aka CEF that provides an option for income-focused investors to achieve their goals. The fund manages to do fairly well at this task, as it currently boasts an 8.17% yield. This is a much higher yield than that offered by most indices, although it is not especially high when compared to other closed-end funds that use a similar investment strategy: Fund Name Morningstar Classification Current Yield Bancroft Fund Fixed Income-Taxa ...