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

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$9.25 -0.05 (-0.54 %)
(As of 07/18/2018 12:41 PM ET)
Previous Close$9.30
Today's Range$9.23 - $9.2868
52-Week Range$9.05 - $10.31
Volume15,736 shs
Average Volume38,763 shs
Market Capitalization$172.79 million
P/E RatioN/A
Dividend Yield4.18%
Beta0.26
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

Stock Exchange NYSE
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
Market Cap$172.79

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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 Friday, May 18th. Investors of record on Friday, June 15th will be given 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 4.32%. The ex-dividend date of this dividend is Thursday, June 14th. View GDL Fund's Dividend History.

What is the consensus analysts' recommendation for GDL Fund?

0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GDL Fund in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."

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?

News headlines about GDL stock have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. GDL Fund earned a news sentiment score of 0.11 on Accern's scale. They also gave news headlines about the investment management company an impact score of 44.72 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are GDL Fund's major shareholders?

GDL Fund's stock is owned by a number of of institutional and retail investors. Top institutional investors include GAMCO INVESTORS, INC. ET AL (24.69%), Matisse Capital (2.91%) and Financial & Investment Management Group Ltd. (1.95%). 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 Matisse Capital and Financial & Investment Management Group Ltd.. 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 $9.25.

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 (NYSE GDL)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  64 (Vote Outperform)
Underperform Votes:  74 (Vote Underperform)
Total Votes:  138
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.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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