Bancroft Fund's Series A Preferred Shares Yield Pushes Past 5.5%
February 15, 2019 at 14:12 PM EST
In trading on Friday, shares of Bancroft Fund Ltd.'s 5.375% Series A Cumulative Preferred Shares (BCV. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3438), with shares changing hands as low as $24.20 on the day.