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Stock impact report

BCV: Attractive Discount And Strong Returns Through Convertible Exposure [Seeking Alpha]

Bancroft Fund, Ltd. (BCV) 
Company Research Source: Seeking Alpha
BCV's portfolio is leveraged modestly through a preferred offering, and we've seen it deliver strong results, particularly over the last year. That has pushed the fund to outperform benchmarks recently by a wide margin, aided by some narrowing discounts but also underlying portfolio positioning. design master/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist. The Bancroft Fund ( BCV ) offers investors exposure to convertible investment instruments in a closed-end fund ("CEF") structure. The fund currently trades at a substantial discount, which is similar to More on my IG service At the CEF/ETF Income Laboratory , we manage closed-end fund ( CEF ) and exchange-traded fund (ETF) portfolios targeting safe and reliable ~8% yields to make income investing easy for you. Check out what our members have to say about our service. To see all that our exclusive membership has to offer, sign up for a free trial by clicking on the button below! Thi Show less Read more
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