BCV-P-A: BANCROFT FUND LTD 5.375% Series A Preferred Stock
BANCROFT FUND LTD's BCV-P-A is an exchange-traded preferred stock in the Closed-End Fund sector.
At a recent price of $20.33, BCV-P-A yields 6.61% on its $25 liquidation preference and 5.375% coupon.
It trades at a discount of 18.7% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2021-08-09.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.