BANCROFT FUND LTD — Director's Dealing 2013

Feb 26, 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 SALLY J (Director of Investment Adviser)

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 597 shares acquired on various dates in fiscal years 2003 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 1,052 shares acquired on various dates in fiscal years 2003 through 2012 under the BCV dividend reinvestment plan. She is also the indirect beneficial owner of 585 shares held by an UTMA trust for her son's benefit, which include 119 shares acquired on various dates in fiscal years 2003 through 2012 under the BCV dividend reinvestment plan.