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.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Equity
- Sub-Industry: N/A
- Symbol: NYSE:GDL
- CUSIP: N/A
- Web: N/A
- 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?
Some companies that are related to GDL Fund include HDFC Bank Limited (HDB), Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK-A), Berkshire Hathaway (BRK.A), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Bank of America Corp (BAC), HSBC Holdings plc (HSBC), Citigroup (C), Royal Bank of Canada (RY), Banco Santander, S.A. (SAN), China Life Insurance Co Ltd (LFC), BNP Paribas SA (BNPQY), Goldman Sachs Group (GS), Allianz SE (AZSEY), U.S. Bancorp (USB), Toronto-Dominion Bank (TD) and Mitsubishi UFJ Financial Group (MTU).
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.
Consensus Ratings for GDL Fund (NYSE:GDL) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|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 MarketBeat.com
Earnings History for GDL Fund (NYSE:GDL)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for GDL Fund (NYSE:GDL)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for GDL Fund (NYSE:GDL)
|Dividend Growth:||-20.60% (3 Year Average)|
Dividend History by Quarter for GDL Fund (NYSE:GDL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for GDL Fund (NYSE:GDL)Insider Trades by Quarter for GDL Fund (NYSE:GDL)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/11/2017||Mario J Gabelli||Insider||Buy||223||$10.00||$2,230.00|| |
|2/21/2017||Mario J Gabelli||Insider||Buy||1,500||$10.05||$15,075.00|| |
|1/15/2016||Michael J Melarkey||Director||Sell||2,000||$9.77||$19,540.00|| |
|1/13/2016||Michael J Melarkey||Director||Sell||1,250||$9.91||$12,387.50|| |
|8/17/2015||Mario J Gabelli||Insider||Buy||1,844||$10.18||$18,771.92|| |
|8/7/2015||Mario J Gabelli||Insider||Buy||5,393||$10.25||$55,278.25|| |
|5/26/2015||Mario J Gabelli||Insider||Buy||10,000||$10.45||$104,500.00|| |
|5/7/2015||Mario J Gabelli||Insider||Buy||2,000||$10.42||$20,840.00|| |
|4/20/2015||Mario J Gabelli||Insider||Buy||5,000||$10.33||$51,650.00|| |
|4/14/2015||Mario J Gabelli||Insider||Buy||2,100||$10.35||$21,735.00|| |
|10/21/2014||Mario J Gabelli||Insider||Buy||1,788||$10.21||$18,255.48|| |
|5/29/2014||Mario J Gabelli||Insider||Buy||14,435||$10.85||$156,619.75|| |
|5/28/2014||Mario J Gabelli||Insider||Buy||10,000||$10.85||$108,500.00|| |
|5/27/2014||Mario J Gabelli||Insider||Buy||11,000||$10.85||$119,350.00|| |
|5/23/2014||Mario J Gabelli||Insider||Buy||11,700||$10.84||$126,828.00|| |
|2/10/2014||Mario J Gabelli||Insider||Buy||2,000||$11.09||$22,180.00|| |
|11/27/2013||Mario J Gabelli||Insider||Buy||2,000||$11.35||$22,700.00|| |
|11/22/2013||Mario J Gabelli||Insider||Buy||2,662||$11.36||$30,240.32|| |
|11/19/2013||Mario J Gabelli||Insider||Buy||1,000||$11.35||$11,350.00|| |
|5/9/2013||Mario J Gabelli||Insider||Buy||1,600||$11.77||$18,832.00|| |
|8/13/2012||Mario J Gabelli||Insider||Buy||2,000||$11.96||$23,920.00|| |
Headline Trends for GDL Fund (NYSE:GDL)
Latest Headlines for GDL Fund (NYSE:GDL)
GDL Fund (GDL) Chart for Tuesday, May, 23, 2017