MORRISTOWN, NJ--(MARKET WIRE)--Mar 11, 2009 -- Bancroft Fund Ltd. (AMEX:BCV - News) has released monthly portfolio data for February 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.

     For further information, please contact:
     Gary I. Levine
     CFO
     Ph. (973) 631-1177
     Website: http://www.bancroftfund.com