GDL - The GDL Fund

NYSE - NYSE Delayed Price. Currency in USD
9.19
-0.05 (-0.54%)
At close: 3:59PM EDT
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Previous Close9.24
Open9.27
Bid9.18 x 800
Ask9.21 x 800
Day's Range9.21 - 9.27
52 Week Range8.54 - 9.72
Volume19,024
Avg. Volume20,351
Market CapN/A
Beta (3Y Monthly)0.16
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.40 (4.35%)
Ex-Dividend Date2019-06-13
1y Target EstN/A
Trade prices are not sourced from all markets
  • Business Wire4 months ago

    The GDL Fund Resets Dividend Rate for Its Series C Cumulative Puttable and Callable Preferred Shares

    The Board of Trustees (the “Board”) of The GDL Fund (GDL) (the “Fund”) has determined to continue the annual dividend rate of 4.00% for the Series C Preferred Shares, effective for the eight dividend periods after March 26, 2019, pursuant to the provisions of its Statement of Preferences. The Series C Preferred Shares, which trade on the New York Stock Exchange under the symbol “GDL Pr C”, were issued on March 26, 2018 at $50.00 per share. The Series C Preferred will pay distributions quarterly at an annualized dividend rate of 4.00% of the $50.00 per share liquidation preference of the Series C Preferred for the quarterly dividend periods ending on or prior to March 26, 2021 (“Year 3”).

  • Business Wire4 months ago

    The GDL Fund Declares First Quarter Distribution of $0.10 Per Share

    The Board of Trustees of The GDL Fund (GDL) (the “Fund”) declared a $0.10 per share cash distribution payable on March 22, 2019 to common shareholders of record on March 15, 2019. Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment.

  • Business Wire7 months ago

    The GDL Fund Declares Fourth Quarter 2018 Distribution of $0.10 Per Share

    The Board of Trustees of The GDL Fund (GDL) (the “Fund”) declared a $0.10 per share cash distribution payable on December 14, 2018 to common shareholders of record on December 7, 2018. Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment.

  • Business Wire7 months ago

    The GDL Fund Announces Evaluation of Potential Strategic Alternatives

    The Board of Trustees of The GDL Fund (GDL) (the “Fund”) announces that it will evaluate potential strategic alternatives for the Fund including a common share rights offering, common share repurchases or changes to the distribution policy. The purpose would be to evaluate ways to enhance participation in what the Board believes to be an attractive environment to invest in merger arbitrage. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing.

  • Business Wire10 months ago

    The GDL Fund Declares Third Quarter 2018 Distribution of $0.10 Per Share

    The Board of Trustees of The GDL Fund (GDL) (the “Fund”) declared a $0.10 per share cash distribution payable on September 21, 2018 to common shareholders of record on September 14, 2018. Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment.