UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-02151
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BANCROFT FUND LTD.
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(Exact name of registrant as specified in charter)
65 Madison Avenue, Morristown, New Jersey 07960-7308
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(Address of principal executive offices) (Zip code)
Thomas H. Dinsmore
Bancroft Fund Ltd.
65 Madison Avenue
Morristown, New Jersey 07960-7308
(Name and address of agent for service)
Copy to:
Steven B. King, Esq.
Ballard Spahr Andrews & Ingersoll, LLP
1735 Market Street, 51st Floor
Philadelphia, PA 19103-7599
Registrant's telephone number, including area code: 973-631-1177
Date of fiscal year end: October 31, 2010
Date of reporting period: June 30, 2010
Item 1. Proxy Voting Record
Issuer: Celanese Corporation
Ticker symbol: CE
CUSIP: 150870103
Meeting date: 04/22/2010
For/
Proposed Voted Vote Against
Matter Voted On By (Yes or No) Cast Mgmt.
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1-01. Election of Director: David N. Weidman Management YES FOR FOR
1-02. Election of Director: Mark C. Rohr Management YES FOR FOR
1-03. Election of Director: Farah M. Walters Management YES FOR FOR
2 Ratification of the appointment of Management YES FOR FOR
independent auditors for 2010
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Issuer: Verenium Corporation
Ticker symbol: VRNM
CUSIP: 92340P209
Meeting date: 06/14/2010
For/
Proposed Voted Vote Against
Matter Voted On By (Yes or No) Cast Mgmt.
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1-01. Election of Director: Dr. Ferdinand Kaufman Management YES FOR FOR
1-02. Election of Director: Carlos A. Riva Management YES FOR FOR
1-03. Election of Director: John F. Dee Management YES FOR FOR
2 To approve the 2010 equity incentive plan Management YES FOR FOR
3 Ratification of the appointment of Management YES FOR FOR
independent auditors for 2010
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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.
Bancroft Fund Ltd.
By /s/Thomas H. Dinsmore
Thomas H. Dinsmore
Principal Executive Officer
Date: July 6, 2010