We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bancroft Fund, Ltd. | AMEX:BCV.PRA | AMEX | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
Bancroft Fund Ltd.
Schedule of Investments July 31, 2019 (Unaudited)
Principal
|
Market Value |
|||||||
CONVERTIBLE CORPORATE BONDS 75.8% |
|
|||||||
Aerospace 2.1% | ||||||||
$ 2,000,000 |
Aerojet Rocketdyne Holdings Inc., 2.250%, 12/15/23 |
$ | 3,447,317 | |||||
|
|
|||||||
Automotive 1.3% | ||||||||
1,000,000 |
NIO Inc., 4.500%, 02/01/24(a) |
578,061 | ||||||
1,510,000 |
Tesla Inc., 2.000%, 05/15/24 |
1,543,448 | ||||||
|
|
|||||||
2,121,509 | ||||||||
|
|
|||||||
Business Services 3.2% | ||||||||
1,500,000 |
Perficient Inc., 2.375%, 09/15/23(a) |
1,661,819 | ||||||
1,040,000 |
RingCentral Inc., Zero Coupon, 03/15/23 |
1,852,120 | ||||||
1,500,000 |
Square Inc., 0.500%, 05/15/23 |
1,913,899 | ||||||
|
|
|||||||
5,427,838 | ||||||||
|
|
|||||||
Communications Equipment 4.5% | ||||||||
1,500,000 |
Harmonic Inc., 4.000%, 12/01/20 |
2,123,360 | ||||||
2,335,000 |
InterDigital Inc., 2.000%, 06/01/24(a) |
2,391,741 | ||||||
2,459,000 |
Lumentum Holdings Inc., 0.250%, 03/15/24 |
2,956,752 | ||||||
|
|
|||||||
7,471,853 | ||||||||
|
|
|||||||
Computer Software and Services 17.5% |
|
|||||||
1,725,000 |
Boingo Wireless Inc., 1.000%, 10/01/23(a) |
1,484,818 | ||||||
1,835,000 |
Coupa Software Inc., 0.125%, 06/15/25(a) |
2,064,094 | ||||||
2,500,000 |
CSG Systems International Inc., 4.250%, 03/15/36 |
2,837,653 | ||||||
1,000,000 |
GDS Holdings Ltd., 2.000%, 06/01/25 |
1,054,039 | ||||||
2,500,000 |
IAC Financeco 3 Inc., 2.000%, 01/15/30(a) |
2,710,096 | ||||||
1,190,000 |
LivePerson Inc., 0.750%, 03/01/24(a) |
1,335,858 | ||||||
1,500,000 |
MercadoLibre Inc., 2.000%, 08/15/28(a) |
2,389,821 | ||||||
1,776,000 |
New Relic Inc., 0.500%, 05/01/23 |
1,959,523 | ||||||
1,548,000 |
Nice Systems Inc., 1.250%, 01/15/24 |
2,921,569 | ||||||
500,000 |
Okta Inc., 0.250%, 02/15/23 |
1,370,140 | ||||||
340,000 |
Pluralsight Inc., 0.375%, 03/01/24(a) |
370,424 |
Principal
|
Market Value |
|||||||
$ 1,500,000 |
PROS Holdings Inc., 2.000%, 06/01/47 |
$ | 2,307,106 | |||||
400,000 |
Q2 Holdings Inc., 0.750%, 02/15/23 |
594,158 | ||||||
675,000 |
0.750%, 06/01/26(a) |
748,608 | ||||||
1,500,000 |
Splunk Inc., 1.125%, 09/15/25(a) |
1,739,687 | ||||||
1,500,000 |
The Priceline Group Inc., 0.350%, 06/15/20 |
2,169,963 | ||||||
1,000,000 |
Vocera Communications Inc., 1.500%, 05/15/23 |
1,065,657 | ||||||
|
|
|||||||
29,123,214 | ||||||||
|
|
|||||||
Consumer Services 3.3% | ||||||||
1,000,000 |
Chegg Inc., 0.125%, 03/15/25(a) |
1,114,533 | ||||||
2,000,000 |
Extra Space Storage LP, 3.125%, 10/01/35(a) |
2,491,316 | ||||||
2,000,000 |
Quotient Technology Inc., 1.750%, 12/01/22 |
1,953,476 | ||||||
|
|
|||||||
5,559,325 | ||||||||
|
|
|||||||
Diversified Industrial 4.1% | ||||||||
750,000 |
Chart Industries Inc., 1.000%, 11/15/24(a) |
1,058,822 | ||||||
1,749,000 |
Kaman Corp., 3.250%, 05/01/24 |
2,037,316 | ||||||
1,000,000 |
KBR Inc., 2.500%, 11/01/23(a) |
1,213,662 | ||||||
1,457,000 |
Team Inc., 5.000%, 08/01/23 |
1,556,337 | ||||||
1,000,000 |
TimkenSteel Corp., 6.000%, 06/01/21 |
981,415 | ||||||
|
|
|||||||
6,847,552 | ||||||||
|
|
|||||||
Electronics 0.3% | ||||||||
515,000 |
Applied Optoelectronics Inc., 5.000%, 03/15/24(a) |
456,386 | ||||||
|
|
|||||||
Energy and Utilities 3.2% | ||||||||
2,000,000 |
Cheniere Energy Inc., 4.250%, 03/15/45 |
1,585,000 | ||||||
917,000 |
Newpark Resources Inc., 4.000%, 12/01/21 |
1,021,896 | ||||||
3,000,000 |
SunPower Corp., 4.000%, 01/15/23 |
2,692,651 | ||||||
|
|
|||||||
5,299,547 | ||||||||
|
|
|||||||
Entertainment 2.4% | ||||||||
2,000,000 |
DISH Network Corp., 3.375%, 08/15/26 |
1,837,676 | ||||||
1,250,000 |
Gannett Co. Inc., 4.750%, 04/15/24 |
1,324,766 |
1
Bancroft Fund Ltd.
Schedule of Investments (Continued) July 31, 2019 (Unaudited)
Principal
|
Market Value |
|||||||
CONVERTIBLE CORPORATE BONDS (Continued) |
|
|||||||
Entertainment (Continued) | ||||||||
$ 1,625,000 |
Global Eagle Entertainment Inc., 2.750%, 02/15/35 |
$ | 789,730 | |||||
|
|
|||||||
3,952,172 | ||||||||
|
|
|||||||
Financial Services 4.4% | ||||||||
1,250,000 |
Encore Capital Group Inc., 3.250%, 03/15/22 |
1,307,535 | ||||||
1,500,000 |
GSV Capital Corp., 4.750%, 03/28/23 |
1,442,557 | ||||||
1,000,000 |
Heritage Insurance Holdings Inc., 5.875%, 08/01/37 |
1,125,294 | ||||||
1,000,000 |
IIP Operating Partnership LP, 3.750%, 02/21/24(a) |
1,615,643 | ||||||
1,116,000 |
LendingTree Inc., 0.625%, 06/01/22 |
1,843,493 | ||||||
|
|
|||||||
7,334,522 | ||||||||
|
|
|||||||
Health Care 13.9% | ||||||||
1,550,000 |
BioMarin Pharmaceutical Inc., 0.599%, 08/01/24 |
1,579,656 | ||||||
1,000,000 |
CONMED Corp., 2.625%, 02/01/24(a) |
1,173,606 | ||||||
535,000 |
DexCom Inc., 0.750%, 12/01/23(a) |
643,672 | ||||||
1,500,000 |
Evolent Health Inc., 1.500%, 10/15/25(a) |
957,446 | ||||||
1,330,000 |
Exact Sciences Corp., 0.375%, 03/15/27 |
1,644,289 | ||||||
750,000 |
Inovio Pharmaceuticals Inc., 6.500%, 03/01/24(a) |
607,004 | ||||||
1,566,000 |
Insulet Corp., 1.375%, 11/15/24 |
2,276,706 | ||||||
1,250,000 |
Intercept Pharmaceuticals Inc., 2.000%, 05/15/26 |
1,102,527 | ||||||
500,000 |
Invacare Corp., 4.500%, 06/01/22 |
375,069 | ||||||
1,384,000 |
Neurocrine Biosciences Inc., 2.250%, 05/15/24 |
1,995,152 | ||||||
1,000,000 |
NuVasive Inc., 2.250%, 03/15/21 |
1,205,206 | ||||||
1,500,000 |
Pacira BioSciences Inc., 2.375%, 04/01/22 |
1,546,291 | ||||||
2,000,000 |
Paratek Pharmaceuticals Inc., 4.750%, 05/01/24 |
1,387,658 | ||||||
350,000 |
Repligen Corp., 0.375%, 07/15/24 |
377,921 | ||||||
400,000 |
Retrophin Inc., 2.500%, 09/15/25 |
362,551 | ||||||
1,500,000 |
Supernus Pharmaceuticals Inc., 0.625%, 04/01/23 |
1,474,022 |
Principal
|
Market Value |
|||||||
$ 1,370,000 |
Tabula Rasa HealthCare Inc., 1.750%, 02/15/26(a) |
$ | 1,534,236 | |||||
1,200,000 |
Teladoc Health Inc., 3.000%, 12/15/22 |
2,073,945 | ||||||
1,000,000 |
Theravance Biopharma Inc., 3.250%, 11/01/23 |
942,250 | ||||||
|
|
|||||||
23,259,207 | ||||||||
|
|
|||||||
Metals and Mining 0.3% | ||||||||
500,000 |
Arconic Inc., 1.625%, 10/15/19 |
502,773 | ||||||
|
|
|||||||
Retail 0.2% | ||||||||
400,000 |
Guess? Inc., 2.000%, 04/15/24(a) |
385,882 | ||||||
|
|
|||||||
Semiconductors 9.3% | ||||||||
650,000 |
Advanced Micro Devices Inc., 2.125%, 09/01/26 |
2,527,250 | ||||||
1,500,000 |
Cypress Semiconductor Corp., 4.500%, 01/15/22 |
2,582,326 | ||||||
1,500,000 |
Inphi Corp., 1.125%, 12/01/20 |
2,326,243 | ||||||
2,000,000 |
Knowles Corp., 3.250%, 11/01/21 |
2,559,700 | ||||||
2,386,000 |
Rambus Inc., 1.375%, 02/01/23 |
2,360,482 | ||||||
1,750,000 |
Teradyne Inc., 1.250%, 12/15/23 |
3,210,688 | ||||||
|
|
|||||||
15,566,689 | ||||||||
|
|
|||||||
Telecommunications 3.9% | ||||||||
520,000 |
8x8 Inc., 0.500%, 02/01/24(a) |
602,412 | ||||||
2,500,000 |
Infinera Corp., 2.125%, 09/01/24 |
1,896,201 | ||||||
1,000,000 |
Liberty Latin America Ltd., 2.000%, 07/15/24(a) |
986,411 | ||||||
1,500,000 |
Twilio Inc., 0.250%, 06/01/23 |
3,067,773 | ||||||
|
|
|||||||
6,552,797 | ||||||||
|
|
|||||||
Transportation 1.9% | ||||||||
2,000,000 |
Atlas Air Worldwide Holdings Inc., 2.250%, 06/01/22 |
1,996,112 | ||||||
865,000 |
GOL Equity Finance SA, 3.750%, 07/15/24(a) |
1,121,162 | ||||||
|
|
|||||||
3,117,274 | ||||||||
|
|
|||||||
TOTAL CONVERTIBLE CORPORATE BONDS |
126,425,857 | |||||||
|
|
2
Bancroft Fund Ltd.
Schedule of Investments (Continued) July 31, 2019 (Unaudited)
Shares |
Market Value |
|||||||
CONVERTIBLE PREFERRED STOCKS (b) 5.6% |
|
|||||||
Agriculture 0.8% | ||||||||
12,500 | Bunge Ltd., 4.875% | $ | 1,293,750 | |||||
|
|
|||||||
Business Services 0.3% |
||||||||
711,039 | Amerivon Holdings LLC, 4.000%(c) | 436,009 | ||||||
272,728 |
Amerivon Holdings LLC, common equity units(c) |
16,364 | ||||||
|
|
|||||||
452,373 | ||||||||
|
|
|||||||
Financial Services 4.5% |
||||||||
2,000 | Bank of America Corp., 7.250%, Ser. L | 2,834,880 | ||||||
40,000 |
Landmark Infrastructure Partners LP, 7.216%, Ser. C |
1,001,200 | ||||||
15,000 | QTS Realty Trust Inc., 6.500%, Ser. B | 1,696,650 | ||||||
1,500 | Wells Fargo & Co., 7.500%, Ser. L | 2,085,840 | ||||||
|
|
|||||||
7,618,570 | ||||||||
|
|
|||||||
TOTAL CONVERTIBLE PREFERRED STOCKS |
9,364,693 | |||||||
|
|
|||||||
MANDATORY CONVERTIBLE SECURITIES (d) 15.8% |
|
|||||||
Diversified Industrial 3.2% |
||||||||
15,000 |
Colfax Corp., 5.750%, 01/15/22 |
1,871,550 | ||||||
30,311 |
International Flavors & Fragrances Inc., 6.000%, 09/15/21 |
1,629,822 | ||||||
30,100 |
Rexnord Corp., Ser. A 5.750%, 11/15/19 |
1,778,007 | ||||||
|
|
|||||||
5,279,379 | ||||||||
|
|
|||||||
Energy and Utilities 6.1% |
||||||||
25,180 |
American Electric Power Co. Inc., 6.125%, 03/15/22 |
1,371,806 | ||||||
3,325 |
Aqua America Inc., 6.000%, 04/30/22 |
190,123 | ||||||
37,200 |
CenterPoint Energy Inc., Ser. B 7.000%, 09/01/21 |
1,901,292 | ||||||
20,000 |
Dominion Energy Inc., Ser. A, 6.750%, 08/15/19 |
1,004,000 | ||||||
14,800 |
Ser. A, 7.250%, 06/01/22 |
1,487,252 | ||||||
18,600 |
DTE Energy Co., 6.500%, 10/01/19 |
1,037,880 | ||||||
10,000 |
NextEra Energy Inc., 6.123%, 09/01/19 |
660,700 | ||||||
5,369 |
Sempra Energy, Ser. A, 6.000%, 01/15/21 |
596,818 | ||||||
5,000 |
Ser. B, 6.750%, 07/15/21 |
557,250 |
3
Bancroft Fund Ltd.
Schedule of Investments (Continued) July 31, 2019 (Unaudited)
(a) |
Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2019, the market value of Rule 144A securities amounted to $33,437,220 or 20.04% of total investments. |
(b) |
Security is perpetual and has no stated maturity date. |
(c) |
Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(d) |
Mandatory convertible securities are required to be converted on the dates listed; they generally may be converted prior to these dates at the option of the holder. |
|
Non-income producing security. |
|
Represents annualized yields at dates of purchase. |
ADR |
American Depositary Receipt |
4
1 Year Bancroft Fund, Ltd. Chart |
1 Month Bancroft Fund, Ltd. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions