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 against Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. It was formerly known as Gabelli Global Deal Fund. The GDL Fund was formed on October 17, 2006 and is domiciled in the United States.
Industry, Sector and Symbol
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
Phone+1-914-9215100
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
OptionableNot Optionable
GDL Fund (NYSE:GDL) Frequently Asked Questions
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 Monday, November 19th. Investors of record on Friday, December 7th will be paid a dividend of $0.10 per share on Friday, December 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend is Thursday, December 6th. View GDL Fund's Dividend History.
Has GDL Fund been receiving favorable news coverage?
Media stories about GDL stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. GDL Fund earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned news articles about the investment management company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.
Who are some of GDL Fund's key competitors?
Some companies that are related to GDL Fund include 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), Aberdeen Asian Income Fund (AAIF), Aberdeen Australia Equity Fund (IAF), Aberdeen Emerging Markets Invstmt (AEMC), Aberdeen Latin American Income Fund (ALAI), Aberdeen New Dawn Investment Trust (ABD), Aberdeen Smaller Coms High Incm Trst (ASCI), Aberforth Smaller Companies Trust (ASL), Aberforth Split Level Income Trust (ASIT), Aberforth Split Level Income Trust PLC Preferred Shares (ASIZ), Ackermans & van Haaren (ACKB), Acorn Income Fund (AIF), Adamas Finance Asia (ADAM) and Advent Claymore Convertible Sec & Inc Fd (AVK).
Who are GDL Fund's key executives?
GDL Fund's management team includes the folowing people:
- Mr. Mario Joseph Gabelli C.F.A., CFA, Portfolio Mang. (Age 76)
- Mr. Bruce N. Alpert C.P.A., CPA, Exec. VP & Chief Operating Officer (Age 67)
- Ms. Agnes Nora Mullady, Pres & Chief Operating Officer of the Open-End Fund Division & VP (Age 60)
- Mr. Richard John Walz, Chief Compliance Officer (Age 60)
- Ms. Andrea R. Mango, Sec. (Age 46)
Who are GDL Fund's major shareholders?
GDL Fund's stock is owned by a variety of of institutional and retail investors. Top institutional investors include GABELLI & Co INVESTMENT ADVISERS INC. (0.00%), Relative Value Partners Group LLC (0.00%), Raymond James & Associates (0.00%), Matisse Capital (0.00%), Gamco Investors INC. ET AL (0.00%) and Financial & Investment Management Group Ltd. (0.00%). View Institutional Ownership Trends for GDL Fund.
Which institutional investors are selling GDL Fund stock?
GDL stock was sold by a variety of institutional investors in the last quarter, including Financial & Investment Management Group Ltd., Bank of America Corp DE, Ancora Advisors LLC, Marquette Asset Management LLC, Matisse Capital, 6 Meridian and Raymond James & Associates. View Insider Buying and Selling for GDL Fund.
Which institutional investors are buying GDL Fund stock?
GDL stock was purchased by a variety of institutional investors in the last quarter, including GABELLI & Co INVESTMENT ADVISERS INC., Gamco Investors INC. ET AL, Relative Value Partners Group LLC, Stifel Financial Corp, Cardan Capital Partners LLC, Zazove Associates LLC, CWM LLC and Glacier Peak Capital LLC. View Insider Buying and Selling for GDL Fund.
How do I buy shares of GDL Fund?
Shares of GDL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is GDL Fund's stock price today?
One share of GDL stock can currently be purchased for approximately $9.41.
What is GDL Fund's official website?
How can I contact GDL Fund?
GDL Fund's mailing address is 1 Corporate Ctr, RYE, NY 10580-1485, United States. The investment management company can be reached via phone at +1-914-9215100.
MarketBeat Community Rating for GDL Fund (NYSE GDL)
MarketBeat's community ratings are surveys of what our community members think about GDL Fund and other stocks. Vote "Outperform" if you believe GDL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GDL will underperform the S&P 500 over the long term. You may vote once every thirty days.
