BANCROFT FUND LTD — Director's Dealing 2015

Mar 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BANCROFT FUND LTD (BCV)
CIK: 0000009521
Period of Report: 2015-03-25

Reporting Person: O'Keeffe Jane D (Director, President, Director of Investment Adviser)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-25	Shares of Beneficial Interest	J	4739	—	Disposed	8600	Direct

Footnotes

F1: This report is filed to report the disposition of 4,739.16 shares to the reporting person's daughter. The shares were previously held in a New Jersey Uniform Transfer to Minors Act (UTMA) trust for the benefit of the reporting person's daughter, who is now considered to be the sole beneficiary of the shares.

F2: In addition, the reporting person is the (1) direct beneficial owner of 8,600.43 shares, which shares include 122.43 shares acquired on various dates in fiscal years 2014 and 2015 under the BCV dividend reinvestment plan, and (2) the indirect owner of 4,677.49 shares held by an UTMA trust for her son's benefit.