GDL Fund Stock Price, News & Analysis (NYSE:GDL)

$9.80 -0.01 (-0.10 %)
(As of 12/18/2017 01:43 AM ET)
Previous Close$9.81
Today's Range$9.79 - $9.82
52-Week Range$9.68 - $10.38
Volume18,100 shs
Average Volume50,537 shs
Market Capitalization$177.12 million
P/E RatioN/A
Dividend Yield4.08%
Beta0.26

About GDL Fund (NYSE:GDL)

The 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.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
SymbolNYSE:GDL
CUSIPN/A
Phone+1-914-9215100

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares18,070,000

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 declared a quarterly dividend on Tuesday, November 21st. Investors of record on Friday, December 8th will be paid a dividend of $0.10 per share on Friday, December 15th. This represents a $0.40 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend is Thursday, December 7th. View GDL Fund's Dividend History.

Who are some of GDL Fund's key competitors?

Who are GDL Fund's key executives?

GDL Fund's management team includes the folowing people:

  • Mario Joseph Gabelli, Chairman of the Board of Trustees, Chief Investment Officer (Age 75)
  • Bruce N. Alpert CPA., President (Age 65)
  • Richard J. Walz, Chief Compliance Officer (Age 57)
  • Carter W. Austin, Vice President (Age 50)
  • Nicholas H. Mills, Assistant Vice President and Ombudsman (Age 23)
  • David I. Schachter, Vice President (Age 63)
  • Agnes Mullady, Treasurer (Age 58)
  • Andrea R. Mango, Secretary (Age 44)
  • Anthony J. Colavita Esq., Independent Trustee (Age 81)
  • James P. Conn, Lead Independent Trustee (Age 79)

Who owns GDL Fund stock?

GDL Fund's stock is owned by a number of of institutional and retail investors. Top institutional investors include Relative Value Partners Group LLC (15.93%), GABELLI & Co INVESTMENT ADVISERS INC. (0.00%), Advisors Asset Management Inc. (3.13%), Deschutes Portfolio Strategy LLC (0.00%), Gamco Investors INC. ET AL (0.00%) and Doliver Capital Advisors LP (0.00%). Company insiders that own GDL Fund stock include Mario J Gabelli and Michael J Melarkey. View Institutional Ownership Trends for GDL Fund.

Who sold GDL Fund stock? Who is selling GDL Fund stock?

GDL Fund's stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Deschutes Portfolio Strategy LLC, Wedbush Securities Inc. and Doliver Capital Advisors LP. View Insider Buying and Selling for GDL Fund.

Who bought GDL Fund stock? Who is buying GDL Fund stock?

GDL Fund's stock was bought by a variety of institutional investors in the last quarter, including Relative Value Partners Group LLC, GABELLI & Co INVESTMENT ADVISERS INC., Sii Investments Inc. WI and Gamco Investors INC. ET AL. View Insider Buying and Selling 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 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 Fund stock can currently be purchased for approximately $9.80.

How big of a company is GDL Fund?

GDL Fund has a market capitalization of $177.12 million.

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 (GDL)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  37 (Vote Outperform)
Underperform Votes:  34 (Vote Underperform)
Total Votes:  71
MarketBeat's community ratings are surveys of what our community members think about GDL Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

GDL Fund (NYSE:GDL) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for GDL Fund (NYSE:GDL)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

GDL Fund (NYSE:GDL) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

GDL Fund (NYSE:GDL) Dividend Information

Most Recent Dividend:12/15/2017
Annual Dividend:$0.40
Dividend Yield:4.08%
Dividend Growth:-20.60% (3 Year Average)
Payout Ratio:
Frequency:Quarterly Dividend
Dividend Payments by Quarter for GDL Fund (NYSE:GDL)

GDL Fund (NYSE:GDL) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/21/2017quarterly$0.104.06%12/7/201712/8/201712/15/2017
8/25/2017Quarterly$0.166.27%9/14/20179/15/20179/22/2017
5/19/2017quarterly$0.166.42%6/14/20176/16/20176/23/2017
2/24/2017quarterly$0.166.39%3/15/20173/17/20173/24/2017
11/21/2016quarterly$0.166.53%12/7/201612/9/201612/16/2016
8/18/2016quarterly$0.166.45%9/14/20169/16/20169/23/2016
5/20/2016quarterly$0.166.42%6/14/20166/16/20166/23/2016
2/26/2016quarterly$0.166.5%3/14/20163/16/20163/23/2016
11/20/2015quarterly$0.166.38%12/9/201512/11/201512/18/2015
8/21/2015quarterly$0.166.37%9/14/20159/16/20159/23/2015
5/22/2015quarterly$0.166.11%6/12/20156/16/20156/23/2015
2/18/2015quarterly$0.166.22%3/13/20153/17/20153/24/2015
11/20/2014quarterly$0.166.17%12/10/201412/12/201412/19/2014
8/21/2014quarterly$0.165.96%9/12/20149/16/20149/23/2014
5/14/2014quarterly$0.165.8%6/12/20146/16/20146/23/2014
2/27/2014quarterly$0.3211.43%3/13/20143/17/20143/24/2014
11/21/2013quarterly$0.3211.29%12/11/201312/13/201312/19/2013
8/23/2013quarterly$0.3211.2%9/12/20139/16/20139/23/2013
5/17/2013quarterly$0.3210.67%6/12/20136/14/20136/21/2013
2/28/2013quarterly$0.3210.8%3/12/20133/14/20133/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

GDL Fund (NYSE GDL) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for GDL Fund (NYSE:GDL)
Insider Trades by Quarter for GDL Fund (NYSE:GDL)

GDL Fund (NYSE GDL) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/4/2017Mario J GabelliInsiderBuy32,982$10.00$329,820.00View SEC Filing  
12/1/2017Mario J GabelliInsiderBuy84,712$10.00$847,120.00View SEC Filing  
8/8/2017Mario J GabelliInsiderBuy4,000$10.30$41,200.00View SEC Filing  
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)

Headlines

GDL Fund (NYSE GDL) News Headlines

Source:
DateHeadline
GDL Fund (GDL) Plans Quarterly Dividend of $0.10GDL Fund (GDL) Plans Quarterly Dividend of $0.10
www.americanbankingnews.com - November 21 at 9:00 PM
The GDL Fund Authorizes Non-Transferable Preferred Share Rights OfferingThe GDL Fund Authorizes Non-Transferable Preferred Share Rights Offering
finance.yahoo.com - November 20 at 7:34 PM
The GDL Fund Declares Fourth Quarter Distribution of $0.10 Per ShareThe GDL Fund Declares Fourth Quarter Distribution of $0.10 Per Share
finance.yahoo.com - November 20 at 7:34 PM
GAMCO Natural Resource Gold & Income Trust 5.20% Preferred Stock Started Trading On The NYSEGAMCO Natural Resource Gold & Income Trust 5.20% Preferred Stock Started Trading On The NYSE
seekingalpha.com - October 31 at 6:06 AM
GDL Fund to Issue Quarterly Dividend of $0.16 (GDL)GDL Fund to Issue Quarterly Dividend of $0.16 (GDL)
www.americanbankingnews.com - September 9 at 4:15 PM
Ex-Div Reminder for GDL Funds Series B Cumulative Puttable and Callable Preferred SharesEx-Div Reminder for GDL Fund's Series B Cumulative Puttable and Callable Preferred Shares
www.nasdaq.com - June 13 at 10:11 PM
GDL Fund (GDL.N) QuoteGDL Fund (GDL.N) Quote
www.reuters.com - March 25 at 10:16 PM
A Simple Options Strategy To Capture Upcoming Event RiskA Simple Options Strategy To Capture Upcoming Event Risk
seekingalpha.com - February 13 at 11:49 AM
Top Pick For 2017 With 8% DividendTop Pick For 2017 With 8% Dividend
seekingalpha.com - December 16 at 10:56 PM
Trump Boom; Trump BustTrump Boom; Trump Bust
seekingalpha.com - November 14 at 5:27 PM
Silver vs Gold: Analyst Sees Silver Up 30% in 2017Silver vs Gold: Analyst Sees Silver Up 30% in 2017
blogs.barrons.com - November 11 at 4:39 PM
The Risks of Exchange-Traded Notes (GDL,DGP)The Risks of Exchange-Traded Notes (GDL,DGP)
www.investopedia.com - July 9 at 8:39 AM
Reminder - GDL Fund Goes Ex-Dividend SoonReminder - GDL Fund Goes Ex-Dividend Soon
www.thestreet.com - March 10 at 10:58 AM
GDL Fund declares $0.16 dividendGDL Fund declares $0.16 dividend
seekingalpha.com - February 26 at 6:22 AM

SEC Filings

GDL Fund (NYSE:GDL) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

GDL Fund (NYSE GDL) Stock Chart for Monday, December, 18, 2017

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This page was last updated on 12/18/2017 by MarketBeat.com Staff

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