NYSE:GDL - GDL Fund Stock Price, Price Target & More

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$9.4107 +0.04 (+0.43 %)
(As of 05/24/2018 04:00 PM ET)
Previous Close$9.4107
Today's Range$9.38 - $9.44
52-Week Range$9.13 - $10.38
Volume36,620 shs
Average Volume44,652 shs
Market Capitalization$172.79 million
P/E RatioN/A
Dividend Yield4.18%
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 N/A
Sub-IndustryN/A
SectorN/A
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

EPS (Most Recent Fiscal Year)N/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 announced a quarterly dividend on Friday, May 18th. Shareholders of record on Friday, June 15th will be paid a dividend of $0.10 per share on Friday, June 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date of this dividend is Thursday, June 14th. View GDL Fund's Dividend History.

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)

Has GDL Fund been receiving favorable news coverage?

Press coverage about GDL stock has trended positive this week, Accern reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. GDL Fund earned a news impact score of 0.42 on Accern's scale. They also gave media coverage about the investment management company an impact score of 45.30 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are GDL Fund's major shareholders?

GDL Fund's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include GAMCO INVESTORS, INC. ET AL (24.69%), Relative Value Partners Group LLC (16.96%), GAMCO INVESTORS, INC. ET AL (12.69%), GABELLI & Co INVESTMENT ADVISERS INC. (4.01%), Gamco Investors INC. ET AL (1.91%) and Ancora Advisors LLC (1.24%). 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 Glacier Peak Capital LLC and 6 Meridian. 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 Relative Value Partners Group LLC, Ancora Advisors LLC, Gamco Investors INC. ET AL, Doliver Capital Advisors LP, Guggenheim Capital LLC and GABELLI & Co INVESTMENT ADVISERS INC.. 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 $9.4107.

How big of a company is GDL Fund?

GDL Fund has a market capitalization of $172.79 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:  2.3 out of 5 (star star)
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  126
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.

Analyst Ratings

GDL Fund (NYSE:GDL) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/24/2016 forward)

Earnings

Dividends

GDL Fund (NYSE:GDL) Dividend Information

GDL Fund pays an annual dividend of $0.40 per share, with a dividend yield of 4.25%. GDL's next quarterly dividend payment will be made on Friday, June 22.
Next Dividend:6/22/2018
Annual Dividend:$0.40
Dividend Yield:4.25%
Dividend Growth:-19.30% (3 Year Average)
Payout Ratio(s):N/A
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
5/18/2018quarterly$0.104.26%6/14/20186/15/20186/22/2018
2/22/2018Quarterly$0.104.15%3/14/20183/15/20183/22/2018
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 Trading History for GDL Fund (NYSE:GDL)
Institutional Ownership by Quarter for GDL Fund (NYSE:GDL)

GDL Fund (NYSE GDL) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/11/2018Mario J GabelliInsiderBuy2,007,700$10.00$20,077,000.00View SEC Filing  
5/9/2018Mario J GabelliInsiderBuy10,619$9.33$99,075.27View SEC Filing  
5/7/2018Mario J GabelliInsiderBuy9,090$9.36$85,082.40View SEC Filing  
5/3/2018Mario J GabelliInsiderBuy11,200$9.32$104,384.00View SEC Filing  
5/1/2018Mario J GabelliInsiderBuy6,161$9.34$57,543.74View SEC Filing  
4/27/2018Mario J GabelliInsiderBuy8,144$9.37$76,309.28View SEC Filing  
4/24/2018Mario J GabelliInsiderBuy26,053$9.35$243,595.55View SEC Filing  
4/20/2018Mario J GabelliInsiderBuy200$9.36$1,872.00View SEC Filing  
4/18/2018Mario J GabelliInsiderBuy8,164$9.42$76,904.88View SEC Filing  
4/13/2018Mario J GabelliInsiderBuy3,100$9.35$28,985.00View SEC Filing  
3/12/2018Mario J GabelliInsiderBuy10,000$9.61$96,100.00View SEC Filing  
2/20/2018Mario J GabelliInsiderBuy18,658$9.69$180,796.02View SEC Filing  
1/16/2018Mario J GabelliInsiderBuy9,000$9.91$89,190.00View SEC Filing  
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$41,200.00197,059View SEC Filing  
5/11/2017Mario J GabelliInsiderBuy223$10.00$2,230.00192,808View SEC Filing  
2/21/2017Mario J GabelliInsiderBuy1,500$10.05$15,075.00189,473View 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 to Issue Quarterly Dividend of $0.10 (GDL)GDL Fund to Issue Quarterly Dividend of $0.10 (GDL)
www.americanbankingnews.com - May 18 at 6:47 PM
The GDL Fund Declares Second Quarter 2018 Distribution of $0.10 Per ShareThe GDL Fund Declares Second Quarter 2018 Distribution of $0.10 Per Share
finance.yahoo.com - May 17 at 10:17 AM
Form 4 GDL FUND For: May 02 Filed by: GABELLI MARIO JForm 4 GDL FUND For: May 02 Filed by: GABELLI MARIO J
www.streetinsider.com - May 5 at 10:17 AM
Form SC 13D/A GDL FUND Filed by: GAMCO INVESTORS, INC. ET ALForm SC 13D/A GDL FUND Filed by: GAMCO INVESTORS, INC. ET AL
www.streetinsider.com - April 17 at 10:22 AM
The GDL Fund: This 4.00% Preferred Stock Started Trading On The NYSEThe GDL Fund: This 4.00% Preferred Stock Started Trading On The NYSE
seekingalpha.com - March 27 at 10:28 AM
The GDL Fund Successfully Completes Offering and Issues $131 Million of Series C Preferred SharesThe GDL Fund Successfully Completes Offering and Issues $131 Million of Series C Preferred Shares
finance.yahoo.com - March 26 at 10:35 AM
The GDL Fund Successfully Completes Series B Preferred Rights Offering Over-SubscribedThe GDL Fund Successfully Completes Series B Preferred Rights Offering Over-Subscribed
finance.yahoo.com - March 23 at 9:54 AM
How To Buy Your Favorite Stocks For 19% OffHow To Buy Your Favorite Stocks For 19% Off
finance.yahoo.com - March 20 at 10:10 AM
GDL Fund (GDL) to Issue Quarterly Dividend of $0.10GDL Fund (GDL) to Issue Quarterly Dividend of $0.10
www.americanbankingnews.com - March 9 at 12:50 PM
Kennedy Venture Share ChatKennedy Venture Share Chat
www.lse.co.uk - February 28 at 9:58 AM
The GDL Fund Declares First Quarter 2018 Distribution of $0.10 Per ShareThe GDL Fund Declares First Quarter 2018 Distribution of $0.10 Per Share
finance.yahoo.com - February 23 at 4:25 PM
GDL Fund declares $0.10 dividendGDL Fund declares $0.10 dividend
seekingalpha.com - February 23 at 11:19 AM
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

GDL Fund (NYSE:GDL) Income Statement, Balance Sheet and Cash Flow Statement

Chart

GDL Fund (NYSE GDL) Stock Chart for Thursday, May, 24, 2018

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This page was last updated on 5/24/2018 by MarketBeat.com Staff

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