MORRISTOWN, NJ, Aug 17, 2012 (MARKETWIRE via COMTEX) -- Bancroft Fund Ltd. (nyse mkt:BCV) has released unaudited monthly portfolio data for July 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 NYSE MKT exchange under the ticker symbol BCV.