<SEC-DOCUMENT>0001999371-24-006859.txt : 20241003
<SEC-HEADER>0001999371-24-006859.hdr.sgml : 20241003
<ACCEPTANCE-DATETIME>20240530162559
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ACCESSION NUMBER:		0001999371-24-006859
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240530

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BANCROFT FUND LTD
		CENTRAL INDEX KEY:			0000009521
		ORGANIZATION NAME:           	
		IRS NUMBER:				042476994
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		65 MADISON AVENUE
		STREET 2:		SUITE 550
		CITY:			MORRISTOWN
		STATE:			NJ
		ZIP:			07960
		BUSINESS PHONE:		(973) 631-1177

	MAIL ADDRESS:	
		STREET 1:		65 MADISON AVENUE
		STREET 2:		SUITE 550
		CITY:			MORRISTOWN
		STATE:			NJ
		ZIP:			07960

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BANCROFT CONVERTIBLE FUND INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">BANCROFT FUND
LTD.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">One Corporate Center</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Rye, New York 10580-1422</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 5in">May 30, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B><U>VIA EDGAR AND ELECTRONIC MAIL</U></B></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt">Samantha Brutlag Jeff Long</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt">Division of Investment Management</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt">U.S. Securities and Exchange Commission</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt">100 F Street N.E.</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt">Washington, DC 20549 &nbsp;</P>


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<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">RE:</TD><TD>Bancroft Fund Ltd.</TD></TR><TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD><U>(File Nos. 333-278788 and 811-02151)</U></TD></TR>
                                                                                               </TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">Dear Ms. Brutlag and Mr. Long:</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0px; text-indent: 0.5in">Pursuant to Rule 461 of the General Rules and Regulations
under the Securities Act of 1933, as amended, Bancroft Fund Ltd. (the &ldquo;Registrant&rdquo;) 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.</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">&nbsp;</P>

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  <TD>&nbsp;</TD>
  <TD COLSPAN="2">Very truly yours,</TD>
  </TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">&nbsp;</TD>
  </TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">Bancroft Fund Ltd.</TD>
  </TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD COLSPAN="2">&nbsp;</TD>
  </TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 48%">&nbsp;</TD>
  <TD STYLE="width: 5%">By:</TD>
  <TD STYLE="border-bottom: Black 1pt solid; width: 47%">/s/ John C. Ball</TD>
  </TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>Name:</TD>
  <TD>John C. Ball</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>Title:</TD>
  <TD>Treasurer and Principal Financial
and <BR>
Accounting Officer</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0"></P>

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