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.
(Exact name of registrant as specified in charter)
One Corporate Center
Rye, New York 10580-1422
(Address of principal executive offices) (Zip code)
James A. Dinsmore
Gabelli Funds, LLC
One Corporate Center
Rye, New York 10580-1422
(Name and address of agent for service)
Registrant’s telephone number, including area code: 1-800-422-3554
Date of fiscal year end: September 30
Date of reporting period: July 1, 2022 – June 30, 2023
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 (17 CFR 239.24 and 274.5), 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.
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2022 TO JUNE 30, 2023
| ProxyEdge | Report Date: 07/01/2023 |
| Meeting Date Range: 07/01/2022 - 06/30/2023 | 1 |
| Bancroft Fund Ltd. |
Investment Company Report
| CROWN CASTLE INC. | ||||||||||||
| Security | 22822V101 | Meeting Type | Annual | |||||||||
| Ticker Symbol | CCI | Meeting Date | 17-May-2023 | |||||||||
| ISIN | US22822V1017 | Agenda | 935796788 - 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: Tammy K. Jones | Management | For | For | ||||||||
| 1g. | Election of Director: Anthony J. Melone | Management | For | For | ||||||||
| 1h. | Election of Director: W. Benjamin Moreland | Management | For | For | ||||||||
| 1i. | Election of Director: Kevin A. Stephens | Management | For | For | ||||||||
| 1j. | 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 2023. | 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 amendment to the Company's Restated Certificate of Incorporation, as amended, regarding officer exculpation. | Management | For | For | ||||||||
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)* | /s/ James A. Dinsmore |
| James A. Dinsmore, President and Principal Executive Officer |
| Date | August 18, 2023 |
*Print the name and title of each signing officer under his or her signature.