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 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 declared a quarterly dividend on Friday, May 18th. Shareholders 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 annualized dividend and a yield of 4.37%. The ex-dividend date 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?
Media coverage about GDL stock has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. GDL Fund earned a coverage optimism score of 0.09 on Accern's scale. They also assigned news stories about the investment management company an impact score of 45.67 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are GDL Fund's major shareholders?
GDL Fund's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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?
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 $9.16.
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)
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.
