BANCROFT FUND LTD — Regulatory Filings 2021

Aug 20, 2021

N-PX 1 bfl-html3933_npx.htm BANCROFT FUND LTD_N-PX

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-02151

Bancroft Fund Ltd.

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(Exact name of registrant as specified in charter)

One Corporate Center

Rye, New York 10580-1422

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(Address of principal executive offices) (Zip code)

Jane D. O’Keeffe

Gabelli Funds, LLC

One Corporate Center

Rye, New York 10580-1422

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(Name and address of agent for service)

Registrant's telephone number, including area code: 1-800-422-3554

Date of fiscal year end: October 31

Date of reporting period: July 1, 2020 – June 30, 2021

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

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PROXY VOTING RECORD

FOR PERIOD JULY 1, 2020 TO JUNE 30, 2021

ProxyEdge Meeting Date Range: 07/01/2020 - 06/30/2021 Bancroft Fund Ltd. Report Date: 07/01/2021 1

| Investment
Company Report | | | | |
| --- | --- | --- | --- | --- |
| STANLEY
BLACK & DECKER, INC. | | | | |
| Security | | 854502846 | Meeting
Type | Annual |
| Ticker Symbol | | SWT | Meeting
Date | 10-May-2021 |
| ISIN | | US8545028461 | Agenda | 935369137
- Management |
| Item | Proposal | Proposed by | Vote | For/Against Management |
| 6. | To
consider a management proposal to amend the Certificate of Incorporation to eliminate supermajority vote provisions of capital stock
related to approval of business combinations with interested shareholders and clarify when no shareholder vote is
required. | Management | For | For |
| GOODRICH
PETROLEUM CORPORATION | | | | |
| Security | | 382410843 | Meeting
Type | Annual |
| Ticker
Symbol | | GDP | Meeting
Date | 18-May-2021 |
| ISIN | | US3824108431 | Agenda | 935394914
- Management |
| Item | Proposal | Proposed by | Vote | For/Against Management |
| 1. | DIRECTOR | Management | | |
| | 1 | Walter
G. Goodrich | For | For |
| | 2 | Robert
C. Turnham, Jr. | For | For |
| | 3 | Timothy
D. Leuliette | For | For |
| | 4 | Ronald
F. Coleman | For | For |
| | 5 | K.
Adam Leight | For | For |
| | 6 | Thomas
M. Souers | For | For |
| | 7 | Jeffrey
S. Serota | For | For |
| | 8 | Edward
J. Sondey | For | For |
| 2. | Ratify
the selection of Moss Adams LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2021. | Management | For | For |
| 3. | Approve,
on an advisory basis, the compensation of our
Named Executive Officers. | Management | For | For |
| CROWN
CASTLE INTERNATIONAL CORP | | | | |
| Security | | 22822V101 | Meeting
Type | Annual |
| Ticker
Symbol | | CCI | Meeting
Date | 21-May-2021 |
| ISIN | | US22822V1017 | Agenda | 935372588
- Management |
| Item | Proposal | Proposed by | Vote | For/Against Management |
| 1A. | Election
of Director: P. Robert Bartolo | Management | For | For |
| 1B. | Election
of Director: Jay A. Brown | Management | For | For |
| 1C. | Election
of Director: Cindy Christy | Management | For | For |
| 1D. | Election
of Director: Ari Q. Fitzgerald | Management | For | For |
| 1E. | Election
of Director: Andrea J. Goldsmith | Management | For | For |
| 1F. | Election
of Director: Lee W. Hogan | Management | For | For |
| 1G. | Election
of Director: Tammy K. Jones | Management | For | For |
| 1H. | Election
of Director: J. Landis Martin | Management | For | For |
| 1I. | Election
of Director: Anthony J. Melone | Management | For | For |
| 1J. | Election
of Director: W. Benjamin Moreland | Management | For | For |
| 1K. | Election
of Director: Kevin A. Stephens | Management | For | For |
| 1L. | Election
of Director: Matthew Thornton, III | Management | For | For |
| 2. | The
ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accountants for fiscal year 2021. | Management | For | For |
| 3. | The
non-binding, advisory vote to approve the compensation of the Company's named executive officers. | Management | For | For |
| 4. | The
non-binding, advisory vote regarding the frequency
of voting on the compensation of the Company's named
executive officers. | Management | 1
Year | For |

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SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant Bancroft Fund Ltd.

By (Signature and Title)*
Jane D. O’Keeffe, President and Principal Executive Officer

Date 8/20/2021

*Print the name and title of each signing officer under his or her signature.

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