NYSE:GDLGDL Fund Stock Price, Forecast & News

$8.32

+0.12 (+1.46 %)

(As of 05/25/2020 10:10 AM ET)

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Today's Range

$8.20

Now: $8.32▼

$8.33

50-Day Range

$7.52

MA: $7.94▼

$8.23

52-Week Range

$4.94

Now: $8.32▼

$9.52

Volume38,640 shs

Average Volume48,621 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.05%

BetaN/A

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts. It also invests in companies undergoing corporate reorganizations involving stubs, spin-offs, and liquidations. The fund benchmarks the performance of its portfolio against Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. It was formerly known as Gabelli Global Deal Fund. The GDL Fund was formed on October 17, 2006 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for GDL Fund.

2.1 Community Rank

Outperform Votes
GDL Fund has received 122 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
GDL Fund has received 162 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
GDL Fund has received 57.04% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
GDL Fund is a leading dividend payer. It pays a dividend yield of 0.05%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
GDL Fund does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GDL Fund insiders have bought more of their company's stock than they have sold. Specifically, they have bought $111,670.00 in company stock and sold $0.00 in company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.35 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolNYSE:GDL

Previous Symbol

CUSIPN/A

CIK1378701

Webwww.gabelli.com

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 / Cash FlowN/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 SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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GDL Fund (NYSE:GDL) Frequently Asked Questions

How has GDL Fund's stock been impacted by COVID-19 (Coronavirus)?

GDL Fund's stock was trading at $8.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GDL stock has increased by 2.1% and is now trading at $8.32. View which stocks have been most impacted by Coronavirus.

How often does GDL Fund pay dividends? What is the dividend yield for GDL Fund?

GDL Fund declared a quarterly dividend on Friday, May 15th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $0.12 per share on Tuesday, June 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 5.77%. The ex-dividend date of this dividend is Monday, June 15th. This is a boost from GDL Fund's previous quarterly dividend of $0.10. View GDL Fund's dividend history.

Has GDL Fund been receiving favorable news coverage?

Headlines about GDL stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. GDL Fund earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned news headlines about the investment management company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutGDL Fund.

Who are some of GDL Fund's key competitors?

Some companies that are related to GDL Fund include 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), Aberdeen Australia Equity Fund (IAF), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE), Alpine Global Premier Properties Fund (AWP), Alternative Invest Ordinary Units FP (AIQ), Amedeo Resources (AMED), Amundi (AMDUF), Apollo Senior Floating Rate Fund (AFT), Azimut (AZIHF), Bankinter (BKT) and Barings Global Short Duratin Hgh Yld Fnd (BGH). View all competitors.

What other stocks do shareholders of GDL Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GDL Fund investors own include Walgreens Boots Alliance (WBA), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), IBM (IBM), Main Street Capital (MAIN), Navios Maritime Partners (NMM), Oxford Square Capital (OXSQ), Pfizer (PFE), Putnam Premier Income Trust (PPT) and Prospect Capital (PSEC).

Who are GDL Fund's key executives?

GDL Fund's management team includes the following people:

Mr. Mario Joseph Gabelli C.F.A., CFA, Portfolio Mang. (Age 76)
Mr. Bruce N. Alpert CPA, CPA, Exec. VP & Chief Operating Officer (Age 67)
Ms. Agnes Nora Mullady, Pres & Chief Operating Officer of the Open-End Fund Division & VP (Age 60)
Mr. Richard John Walz, Chief Compliance Officer (Age 60)
Ms. Andrea R. Mango, Sec. (Age 46)

What is GDL Fund's stock symbol?

GDL Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "GDL."

Who are GDL Fund's major shareholders?

GDL Fund's stock is owned by a number of institutional and retail investors. Top institutional investors include Raymond James & Associates (0.00%), Morgan Stanley (0.00%), Matisse Capital (0.00%), Zazove Associates LLC (0.00%), Cardan Capital Partners LLC (0.00%) and Wells Fargo & Company MN (0.00%). Company insiders that own GDL Fund stock include James P Conn and Mario J Gabelli. View institutional ownership trends for GDL Fund.

Which major investors are selling GDL Fund stock?

GDL stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Horizon Kinetics Asset Management LLC, 9258 Wealth Management LLC, and Zazove Associates LLC. Company insiders that have sold GDL Fund company stock in the last year include James P Conn, and Mario J Gabelli. View insider buying and selling activity for GDL Fund.

Which major investors are buying GDL Fund stock?

GDL stock was purchased by a variety of institutional investors in the last quarter, including Raymond James & Associates, Matisse Capital, Morgan Stanley, Marquette Asset Management LLC, Cardan Capital Partners LLC, Doliver Advisors LP, Private Advisor Group LLC, and Envestnet Asset Management Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is GDL Fund's stock price today?

One share of GDL stock can currently be purchased for approximately $8.32.

What is GDL Fund's official website?

The official website for GDL Fund is www.gabelli.com.

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.

This page was last updated on 5/25/2020 by MarketBeat.com Staff