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Message Boards Settings Bancroft Convertible Fund (BCV) - Quote Info
Do BCV Div'nds Qualify for 15% Tax Rate      6-Feb-04 03:54 pm    
The majority of BCV's holdings are preferred stocks, (preferred stocks generally qualify for the 15% income tax rate) so it my opinion that about 80% of BCV's dividends should be qualifying for that rate. The Form 1099 report for year 2003 from my broker fails to show BCV's dividends as qualifying, and I do not concur with this report with regard to BCV. Do you all out there agree or disagree with my belief?
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Do BCV Div'nds Qualify for 15% Tax Rate
Bottomfishe... Not rated 6-Feb-04 03:54 pm  
 
Bancroft's website also shows that its all ordinar...
mountainmik... Rate it 9-Apr-04 10:01 pm  
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Bancroft Fund Ltd. (BCV)

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