<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2013-11-25</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001572828</issuerCik>
        <issuerName>STEBEN SELECT MULTI-STRATEGY FUND</issuerName>
        <issuerTradingSymbol>NONE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001584259</rptOwnerCik>
            <rptOwnerName>ROSENBERGER FRANCINE JUDITH</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>9711 WASHINGTONIAN BLVD</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 400</rptOwnerStreet2>
            <rptOwnerCity>GAITHERSBURG</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>20878</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Secretary and CCO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>This Reporting Person does not own any of the Issuer Shares and is filing this form solely in her capacity as the Secretary and the Chief Compliance Officer of the Issuer.</remarks>

    <ownerSignature>
        <signatureName>/s/Francine J. Rosenberger</signatureName>
        <signatureDate>2013-11-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
