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Bancroft Fund Ltd.: Bancroft Fund Ltd. Releases Monthly Portfolio Data

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MORRISTOWN, NJ--(Marketwire - January 21, 2009) - Bancroft Fund Ltd. (AMEX: [ BCV ]) has released monthly portfolio data for December including asset allocation, quality allocation, representative holdings and other fund characteristics.

The portfolio data will be posted on Bancroft's website at [ www.bancroftfund.com ]. Printed copies may be obtained by calling (973) 631-1177.

Bancroft Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities, with the objectives of providing income and the potential for capital appreciation; which objectives the Fund considers to be relatively equal, over the long-term, due to the nature of the securities in which it invests. Its shares are traded on the American Stock Exchange under the ticker symbol BCV.



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