Correspondence 0001999371-24-006859 from BANCROFT FUND LTD (BCV, BCV-PA) (CIK 0000009521) (BCV)
BANCROFT FUND LTD (BCV, BCV-PA) (CIK 0000009521)
Date: May 30, 2024 · CIK: 0000009521 · Accession: 0001999371-24-006859
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File numbers found in text: 333-278788, 811-02151
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CORRESP
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BANCROFT FUND
LTD.
One Corporate Center
Rye, New York 10580-1422
May 30, 2024
VIA EDGAR AND ELECTRONIC MAIL
Samantha Brutlag Jeff Long
Division of Investment Management
U.S. Securities and Exchange Commission
100 F Street N.E.
Washington, DC 20549
RE: Bancroft Fund Ltd.
(File Nos. 333-278788 and 811-02151)
Dear Ms. Brutlag and Mr. Long:
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 May 31, 2024, or as soon thereafter as reasonably practicable.
Very truly yours,
Bancroft Fund Ltd.
By:
/s/ John C. Ball
Name:
John C. Ball
Title:
Treasurer and Principal Financial
and
Accounting Officer