BANCROFT FUND LTD — Director's Dealing 2003

Dec 10, 2003

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: BANCROFT CONVERTIBLE FUND INC (BCV)
CIK: 0000009521
Period of Report: 2003-10-31

Reporting Person: FINNICAN SALLY J (Director of Investment Adviser)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
1998-01-31	Common Stock	G	200	—	Acquired	3363	Direct

Footnotes

F1: In addition, the reporting person is the indirect beneficial owner of 2,411 shares, consisting of 399 shares held by an UTMA trust for her son's benefit and 2,012 shares held by an UTMA trust for her daughter's benefit. This report is filed to report an acquisition of 200 shares gifted to the reporting person's son.