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
Industry Closed End Funds
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
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?
Some companies that are related to GDL Fund include Eagle Point Credit (ECC), THL Credit (TCRD), TICC Capital (TICC), Medley Capital (MCC), Solar Senior Capital (SUNS), WhiteHorse Finance (WHF), Oaktree Strategic Income (OCSI), Gladstone Capital (GLAD), Center Coast MLP & Infrastructure Fund (CEN), TriplePoint Venture Growth BDC (TPVG), Oxford Lane Capital (OXLC), Invesco Bond Fund (VBF), Stellus Capital Investment (SCM), Kayne Anderson Energy Development (KED), BlackRock LT Municipal Advantage Trust (BTA), OFS Capital (OFS), Special Opportunities Fund (SPE) and StoneCastle Financial (BANX).
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)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.
GDL Fund (NYSE:GDL) Analyst Ratings History
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Earnings History for GDL Fund (NYSE:GDL)
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GDL Fund (NYSE:GDL) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
GDL Fund (NYSE:GDL) Dividend Information
|Most Recent Dividend:||12/15/2017|
|Dividend Growth:||-20.60% (3 Year Average)|
GDL Fund (NYSE:GDL) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
GDL Fund (NYSE GDL) Insider Trading and Institutional Ownership History
GDL Fund (NYSE GDL) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/4/2017||Mario J Gabelli||Insider||Buy||32,982||$10.00||$329,820.00|| |
|12/1/2017||Mario J Gabelli||Insider||Buy||84,712||$10.00||$847,120.00|| |
|8/8/2017||Mario J Gabelli||Insider||Buy||4,000||$10.30||$41,200.00|| |
|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|| |
GDL Fund (NYSE GDL) News Headlines
GDL Fund (NYSE:GDL) SEC Filings
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GDL Fund (NYSE GDL) Stock Chart for Monday, December, 18, 2017