BANCROFT FUND LTD — Director's Dealing 2005

Mar 1, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BANCROFT CONVERTIBLE FUND INC (BCV)
CIK: 0000009521
Period of Report: 2004-12-03

Reporting Person: PLATT NICOLAS W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-03	Common Stock	S	589	$18.54	Disposed	5	Direct

Footnotes

F1: Includes 5 shares acquired on December 28, 2004 (record date December 3, 2004) under the BCV dividend reinvestment plan.