The GDL Fund (GDL)
| Market Value | 5.47M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 688.93K |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.48 (6.04%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 19,308 |
| Open | 8.04 |
| Previous Close | 7.95 |
| Day's Range | 7.93 - 8.17 |
| 52-Week Range | 7.72 - 8.29 |
| Beta | 0.11 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About GDL
The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts. It also invests in companies undergoing corporate reorganizations involving stubs, spin-offs, and liquidations. The fund benchmarks the performance of its portfolio... [Read more]
News
The GDL Fund Declares Fourth Quarter Distribution of $0.12 Per Share
RYE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on December 20, 2024 to common sharehold...
The GDL Fund Declares Third Quarter Distribution of $0.12 Per Share
RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on September 23, 2024 to common sharehol...
GDL: Forget The Discount To NAV, This Fund Has Not Delivered
GDL Fund is an equity merger arbitrage CEF with a large discount to NAV, underperforming and failing to beat simple money market investments. Merger arbitrage involves betting on binary outcomes in an...
The GDL Fund Declares Second Quarter Distribution of $0.12 Per Share
RYE, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on June 21, 2024 to common shareholders o...
The GDL Fund Declares First Quarter Distribution of $0.12 per Share
RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on March 21, 2024 to common shareholders...
GDL Trades At A 20% Discount To NAV Despite A Track Record Of Outperformance
Gabelli Global Deal Fund is a closed-end fund managed by Mario Gabelli's GAMCO investment complex and focused on merger arbitrage. GDL has a strong investment track record, consistently outperforming ...
GDL: Profit From Merger Arbitrage
Closed-end fund IPOs are terrible. But they can lead to big discounts. Never pay full price but grab the sales.
Closed-End Fund: April 2023 Check On Valuation
Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experience...
The GDL Fund Declares First Quarter Distribution of $0.12 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on March 24, 2023 to common shareholders of record on Mar...
GDL: Equity Merger Arbitrage CEF, 5.9% Yield
The GDL Fund is an equity arbitrage CEF from the Gabelli suite. The CEF falls in the equity relative value bucket, aiming to profit irrespective of the general market direction.
The GDL Fund Declares Second Quarter 2022 Distribution of $0.12 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on June 23, 2022 to common shareholders of record on June...
The GDL Fund Announces the Placement of $35 Million of Series E Cumulative Term Preferred Shares
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) is pleased to announce the issuance of 3,500,000 Series E Cumulative Term Preferred Shares (“Series E Preferre...
The GDL Fund Declares First Quarter 2022 Distribution of $0.12 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on March 24, 2022 to common shareholders of record on Mar...
GDL: Discounted Fund With Attractive Yield, But Probably Best To Avoid
GDL is a unique fund from the Gabelli lineup; this one focuses on "merger arbitrage transactions." The fund is currently deeply discounted and carries a distribution yield of over 5%.
The GDL Fund Declares Fourth Quarter 2021 Distribution of $0.12 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on December 17, 2021 to common shareholders of record on ...
The GDL Fund Declares Third Quarter 2021 Distribution of $0.12 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on September 23, 2021 to common shareholders of record on...
The GDL Fund Declares Second Quarter 2021 Distribution of $0.12 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on June 23, 2021 to common shareholders of record on June...
The GDL Fund Resets Dividend Rate for Its Series C Cumulative Puttable and Callable Preferred Shares
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees (the “Board”) of The GDL Fund (NYSE:GDL) (the “Fund”) has determined to continue the annual dividend rate of 4.00% for the Series C Preferred Shares, ...
The GDL Fund Declares First Quarter 2021 Distribution of $0.12 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on March 24, 2021 to common shareholders of record on Mar...
The GDL Fund Declares Fourth Quarter 2020 Distribution of $0.12 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on December 18, 2020 to common shareholders of record on ...