PAGE  1
000 B000000 10/31/2006
000 C000000 0000009521
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 BANCROFT FUND LTD.
001 B000000 811-2151
001 C000000 9736311177
002 A000000 65 MADISON AVENUE, SUITE 550
002 B000000 MORRISTOWN
002 C000000 NJ
002 D010000 07960
002 D020000 7308
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 DAVIS-DINSMORE MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-08123
008 D010001 MORRISTOWN
008 D020001 NJ
008 D030001 07960
008 D040001 7308
010 A000001 DAVIS-DINSMORE MANAGEMENT COMPANY
010 B000001 801-08123
010 C010001 MORRISTOWN
010 C020001 NJ
010 C030001 07960
010 C040001 7308
012 A000001 AMERICAN STOCK TRANSFER & TRUST COMPANY
012 B000001 84-416
012 C010001 BROOKLYN
012 C020001 NY
012 C030001 11219
      PAGE  2
013 A000001 TAIT, WELLER & BAKER
013 B010001 PHILADELPHIA
013 B020001 PA
013 B030001 19103
015 A000001 BROWN BROTHERS HARRIMAN & CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 C040001 3661
015 E010001 X
018  000000 Y
019 A000000 N
019 B000000    0
020 A000001 J GIORDANO SECURITIES
020 B000001 06-1569801
020 C000001      6
020 A000002 CITIGROUP GLOBAL MARKETS
020 B000002 11-2418191
020 C000002      3
020 A000003 GOLDMAN SACHS, & CO., INC.
020 B000003 13-5108880
020 C000003      3
020 A000004 CREDIT SUISSE FIRST BOSTON CORP.
020 B000004 13-5659485
020 C000004      2
020 A000005 MERRILL LYNCH, PIERCE, FENNNER & SMITH, INC.
020 B000005 13-5674085
020 C000005      2
020 A000006 MCMAHAN SECURITIES
020 B000006 06-1229141
020 C000006      1
020 A000007 JP MORGAN SECURITIES, INC.
020 B000007 13-3224016
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       17
022 A000001 AMERICAN EXPRESS CREDIT CORP.
022 B000001 11-1988350
022 C000001    548532
022 D000001         0
022 A000002 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC.
022 B000002 13-5674085
022 C000002     10122
022 D000002      6485
022 A000003 LEHMAN BROTHERS, INC.
022 B000003 13-2518466
022 C000003      6228
022 D000003      7915
      PAGE  3
022 A000004 JP MORGAN SECURITIES, INC.
022 B000004 13-3224016
022 C000004      7274
022 D000004      6177
022 A000005 CITIGROUP GLOBAL MARKETS
022 B000005 11-2418191
022 C000005      3299
022 D000005      9485
022 A000006 CREDIT SUISSE FIRST BOSTON CORP.
022 B000006 13-5659485
022 C000006      8592
022 D000006      4117
022 A000007 J GIORDANO SECURITIES
022 B000007 06-1569801
022 C000007      5175
022 D000007      5611
022 A000008 MORGAN STANLEY & CO., INC.
022 B000008 13-2655998
022 C000008      6939
022 D000008      1597
022 A000009 JEFFERIES AND CO., INC.
022 B000009 95-2622900
022 C000009      4163
022 D000009      3304
022 A000010 CIBC OPPENHEIMER CORP.
022 B000010 13-2798343
022 C000010         0
022 D000010      4491
023 C000000     612779
023 D000000      58370
024  000000 Y
025 A000001 CITIGROUP GLOBAL MARKETS
025 B000001 11-2418191
025 C000001 E
025 D000001    2398
025 A000002 GOLDMAN SACHS & CO., INC.
025 B000002 13-5108880
025 C000002 E
025 D000002    2275
025 A000003 MORGAN STANLEY & CO., INC.
025 B000003 13-2655998
025 C000003 E
025 D000003    1986
025 A000004 CREDIT SUISSE FIRST BOSTON CORP.
025 B000004 13-5659485
025 C000004 E
025 D000004    1861
025 A000005 MERRILL, LYNCH, PIERCE, FENNER & SMITH, INC.
025 B000005 13-5674085
025 C000005 E
025 D000005    1310
      PAGE  4
025 A000006 LEHMAN BROTHERS, INC.
025 B000006 12-2518466
025 C000006 E
025 D000006    1100
025 A000007 LEHMAN BROTHERS, INC.
025 B000007 12-2518466
025 C000007 D
025 D000007    3398
025 A000008 CITIGROUP GLOBAL MARKETS
025 B000008 11-2418191
025 C000008 D
025 D000008    1945
025 A000009 CREDIT SUISSE FIRST BOSTON CORP.
025 B000009 13-5659485
025 C000009 D
025 D000009    1930
025 D000010       0
025 D000011       0
025 D000012       0
025 D000013       0
025 D000014       0
025 D000015       0
025 D000016       0
025 D000017       0
025 D000018       0
025 D000019       0
025 D000020       0
025 D000021       0
025 D000022       0
025 D000023       0
025 D000024       0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 N
028 A010000         0
028 A020000         0
028 A030000         0
028 A040000         0
028 B010000         0
028 B020000         0
028 B030000         0
028 B040000         0
028 C010000         0
028 C020000         0
      PAGE  5
028 C030000         0
028 C040000         0
028 D010000         0
028 D020000         0
028 D030000         0
028 D040000         0
028 E010000         0
028 E020000         0
028 E030000         0
028 E040000         0
028 F010000         0
028 F020000         0
028 F030000         0
028 F040000         0
028 G010000         0
028 G020000         0
028 G030000         0
028 G040000         0
028 H000000         0
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
033  000000      0
035  000000      0
036 B000000      0
038  000000      0
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      0
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.000
048 A010000   100000
048 A020000 0.750
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
      PAGE  6
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000   100000
048 K020000 0.500
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056  000000 N
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
060 B000000 Y
061  000000        0
062 A000000 Y
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
      PAGE  7
062 I000000   5.1
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000   0.0
062 P000000  57.4
062 Q000000   0.0
062 R000000  37.4
063 A000000   0
063 B000000  2.5
064 A000000 Y
064 B000000 N
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 Y
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 N
070 M020000 N
      PAGE  8
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000     67501
071 B000000     68024
071 C000000    115726
071 D000000   58
072 A000000 12
072 B000000     3402
072 C000000     2447
072 D000000        0
072 E000000       20
072 F000000      866
072 G000000       25
072 H000000        0
072 I000000       30
072 J000000       17
072 K000000        1
072 L000000       25
072 M000000      121
072 N000000        0
072 O000000       21
072 P000000        0
072 Q000000        0
072 R000000       44
072 S000000       72
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000      168
072 X000000     1390
072 Y000000        0
072 Z000000     4479
072AA000000     7234
072BB000000        0
072CC010000     1252
072CC020000        0
072DD010000     4396
072DD020000        0
072EE000000        0
073 A010000   0.7830
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.0000
      PAGE  9
074 A000000      344
074 B000000        0
074 C000000     6497
074 D000000    72779
074 E000000    47394
074 F000000       29
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000      265
074 K000000        0
074 L000000      830
074 M000000       41
074 N000000   128179
074 O000000     1284
074 P000000       12
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000       36
074 S000000        0
074 T000000   126847
074 U010000     5625
074 U020000        0
074 V010000    22.55
074 V020000     0.00
074 W000000   0.0000
074 X000000     1454
074 Y000000        0
075 A000000        0
075 B000000   122549
076  000000    19.30
077 A000000 Y
077 B000000 Y
077 D000000 Y
077 Q010000 N
077 Q020000 Y
077 Q030000 Y
078  000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000     1050
081 A000000 Y
081 B000000   2
082 A000000 Y
082 B000000      100
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
      PAGE  10
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
087 A010000 SHARES OF BENEFICIAL INTEREST
087 A020000 05-9695106
087 A030000 BCV
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE   GARY I. LEVINE
TITLE       EXECUTIVE VP