BANCROFT FUND LTD — Director's Dealing 2013

Feb 27, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BANCROFT FUND LTD (BCV)
CIK: 0000009521
Period of Report: 2011-07-22

Reporting Person: Finnican Peter M (Adviser's marketing director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-22	Shares of Beneficial Interest	S	945	$17.22	Disposed	2000	Indirect
2011-09-14	Shares of Beneficial Interest	S	500	$15.6	Disposed	1500	Indirect
2011-12-08	Shares of Beneficial Interest	S	1000	$15.55	Disposed	516	Indirect
2012-03-30	Shares of Beneficial Interest	S	516	$16.65	Disposed	0	Indirect

Footnotes

F1: Includes 429 shares acquired on various dates in fiscal years 2007 through 2011 under the BCV dividend reinvestment plan.

F2: Connecticut Uniform Transfers to Minors Act.

F3: Includes 16 shares acquired on September 29, 2011 under the BCV dividend reinvestment plan.

F4: In addition, the reporting person is the direct beneficial owner of 4,976 shares, which include 769 shares acquired on various dates in fiscal years 2007 through 2012 under the BCV dividend reinvestment plan. He is also the indirect beneficial owner of 585 shares held by an UTMA (Connecticut Uniform Transfers to Minors Act) trust for his son's benefit, which include 88 shares acquired on various dates in fiscal years 2007 through 2012 under the BCV dividend reinvestment plan.