GDL Fund Company Profile (NYSE:GDL)

About GDL Fund (NYSE:GDL)

GDL Fund logoThe GDL Fund (the Fund) is a diversified closed-end management investment fund. The Fund's primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The Fund will seek to achieve its objective by investing primarily in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations. The Fund will invest at least 80% of its assets in securities or hedging arrangements relating to companies involved in corporate transactions or reorganizations, giving rise to the possibility of realizing gains upon or within relatively short periods of time after the completion of such transactions or reorganizations. It has investment in sectors, including financial services, energy and utilities, semiconductors, food and beverage, healthcare, and cable and satellite. The Fund's advisor is Gabelli Funds, LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed-End Fund - Equity
  • Sub-Industry: N/A
  • Symbol: NYSE:GDL
  • CUSIP: N/A
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $9.92
  • 200 Day Moving Avg: $9.88
  • 52 Week Range: $9.55 - $10.15
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.0000
  • Average Volume: 61,981 shs.

Frequently Asked Questions for GDL Fund (NYSE:GDL)

What is GDL Fund's stock symbol?

GDL Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "GDL."

How often does GDL Fund pay dividends? What is the dividend yield for GDL Fund?

GDL Fund announced a quarterly dividend on Friday, May 19th. Investors of record on Friday, June 16th will be paid a dividend of $0.16 per share on Friday, June 23rd. This represents a $0.64 annualized dividend and a yield of 6.40%. The ex-dividend date is Wednesday, June 14th. View GDL Fund's Dividend History.

Who are some of GDL Fund's key competitors?

Who owns GDL Fund stock?

GDL Fund's stock is owned by many different of institutional and retail investors. Top institutional shareholders include ADVISORS ASSET MANAGEMENT, INC. (4.71%). Company insiders that own GDL Fund stock include Mario J Gabelli and Michael J Melarkey. View Institutional Ownership Trends for GDL Fund.

How do I buy GDL Fund stock?

Shares of GDL Fund can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of GDL Fund stock cost?

One share of GDL Fund stock can currently be purchased for approximately $10.00.

Analyst Ratings

Consensus Ratings for GDL Fund (NYSE:GDL) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for GDL Fund (NYSE:GDL)
No equities research coverage for this company has been tracked by


Earnings History for GDL Fund (NYSE:GDL)
No earnings announcements for this company have been tracked by


Earnings Estimates for GDL Fund (NYSE:GDL)

No earnings estimates for this company have been tracked by


Current Dividend Information for GDL Fund (NYSE:GDL)
Next Dividend:6/23/2017
Annual Dividend:$0.64
Dividend Yield:6.40%
Dividend Growth:-20.60% (3 Year Average)
Payout Ratio:
Dividend Payments by Quarter for GDL Fund (NYSE:GDL)

Dividend History by Quarter for GDL Fund (NYSE:GDL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for GDL Fund (NYSE:GDL)
Insider Trades by Quarter for GDL Fund (NYSE:GDL)
Insider Trades by Quarter for GDL Fund (NYSE:GDL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/11/2017Mario J GabelliInsiderBuy223$10.00$2,230.00View SEC Filing  
2/21/2017Mario J GabelliInsiderBuy1,500$10.05$15,075.00View SEC Filing  
1/15/2016Michael J MelarkeyDirectorSell2,000$9.77$19,540.00View SEC Filing  
1/13/2016Michael J MelarkeyDirectorSell1,250$9.91$12,387.50View SEC Filing  
8/17/2015Mario J GabelliInsiderBuy1,844$10.18$18,771.92View SEC Filing  
8/7/2015Mario J GabelliInsiderBuy5,393$10.25$55,278.25View SEC Filing  
5/26/2015Mario J GabelliInsiderBuy10,000$10.45$104,500.00View SEC Filing  
5/7/2015Mario J GabelliInsiderBuy2,000$10.42$20,840.00View SEC Filing  
4/20/2015Mario J GabelliInsiderBuy5,000$10.33$51,650.00View SEC Filing  
4/14/2015Mario J GabelliInsiderBuy2,100$10.35$21,735.00View SEC Filing  
10/21/2014Mario J GabelliInsiderBuy1,788$10.21$18,255.48View SEC Filing  
5/29/2014Mario J GabelliInsiderBuy14,435$10.85$156,619.75View SEC Filing  
5/28/2014Mario J GabelliInsiderBuy10,000$10.85$108,500.00View SEC Filing  
5/27/2014Mario J GabelliInsiderBuy11,000$10.85$119,350.00View SEC Filing  
5/23/2014Mario J GabelliInsiderBuy11,700$10.84$126,828.00View SEC Filing  
2/10/2014Mario J GabelliInsiderBuy2,000$11.09$22,180.00View SEC Filing  
11/27/2013Mario J GabelliInsiderBuy2,000$11.35$22,700.00View SEC Filing  
11/22/2013Mario J GabelliInsiderBuy2,662$11.36$30,240.32View SEC Filing  
11/19/2013Mario J GabelliInsiderBuy1,000$11.35$11,350.00View SEC Filing  
5/9/2013Mario J GabelliInsiderBuy1,600$11.77$18,832.00View SEC Filing  
8/13/2012Mario J GabelliInsiderBuy2,000$11.96$23,920.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for GDL Fund (NYSE:GDL)
Latest Headlines for GDL Fund (NYSE:GDL)
DateHeadline logoGDL Fund (GDL) Declares $0.16 Quarterly Dividend - May 19 at 7:12 PM logoGDL Fund (GDL.N) Quote - March 25 at 10:16 PM logoA Simple Options Strategy To Capture Upcoming Event Risk - February 13 at 11:49 AM logoTop Pick For 2017 With 8% Dividend - December 16 at 10:56 PM logoGDL FUND Financials - November 29 at 5:05 PM logoGDL FUND Financials - November 29 at 5:05 PM logoTrump Boom; Trump Bust - November 14 at 5:27 PM logoSilver vs Gold: Analyst Sees Silver Up 30% in 2017 - November 11 at 4:39 PM logoThe Risks of Exchange-Traded Notes (GDL,DGP) - July 9 at 8:39 AM logoHow to Destroy Your Net-Net Stock Portfolio - March 25 at 1:20 PM logoReminder - GDL Fund Goes Ex-Dividend Soon - March 10 at 10:58 AM logoGDL Fund declares $0.16 dividend - February 26 at 6:22 AM logoThe GDL Fund Declares First Quarter Distribution of $0.16 Per Share - February 17 at 4:55 PM


GDL Fund (GDL) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by Staff