diff --git a/cvxportfolio/__init__.py b/cvxportfolio/__init__.py
index 7b66e57d5..e784282d5 100644
--- a/cvxportfolio/__init__.py
+++ b/cvxportfolio/__init__.py
@@ -17,7 +17,7 @@
 The __all__ attribute of each is used.
 """
 
-__version__ = "0.4.8"
+__version__ = "0.4.9"
 
 from .simulator import *
 from .policies import *
diff --git a/docs/conf.py b/docs/conf.py
index 56fef32f0..1566d8f21 100755
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -30,7 +30,7 @@
 author = 'The Cvxportfolio Authors'
 
 # The full version, including alpha/beta/rc tags
-release = '0.4.8'
+release = '0.4.9'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.py b/setup.py
index 00d4c7f5c..960e9b8a0 100644
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@
 
 setup(
     name='cvxportfolio',
-    version='0.4.8',
+    version='0.4.9',
     author='Enzo Busseti, Stephen Boyd, Steven Diamond, BlackRock Inc.',
     maintainer='Enzo Busseti',
     author_email='enzo.busseti@gmail.com',