BANCROFT FUND LTD.
One Corporate Center
Rye, New York 10580-1422
March 5, 2020
VIA EDGAR AND ELECTRONIC MAIL
David Orlic
Division of Investment Management
U.S. Securities and Exchange Commission
100 F Street N.E.
Washington, DC 20549
RE: | Bancroft Fund Ltd. |
(File Nos. 333-235914 and 811-02151) |
Dear Mr. Orlic:
Pursuant to Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended, Bancroft Fund Ltd. (the Registrant) hereby requests that the effectiveness of the above-referenced Registration Statement on Form N-2 be accelerated so that it may become effective by 4:00 p.m., Washington, D.C. time, on March 6, 2020, or as soon thereafter as reasonably practicable.
Very truly yours, | ||
Bancroft Fund Ltd. | ||
By: | /s/ Jane D. OKeeffe | |
Name: Jane D. OKeeffe | ||
Title: President (Principal Executive Officer) |