Equities

GDL Fund

GDL Fund

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  • Price (USD)50.05
  • Today's Change0.00 / 0.00%
  • Shares traded1.87k
  • 1 Year change+1.31%
  • Beta--
Data delayed at least 15 minutes, as of Nov 22 2024.
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About the company

The GDL Fund (the Fund) is a diversified closed-end management investment company. 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, wireless communications, automotive and cable and satellite. The Fund's advisor is Gabelli Funds, LLC.

  • Revenue in USD (TTM)7.02m
  • Net income in USD5.02m
  • Incorporated2006
  • Employees--
  • Location
    GDL FundOne Corporate CenterRYE 10580United StatesUSA
  • Phone+1 (914) 921-5100
  • Fax+1 (302) 636-5454
  • Websitehttp://www.gabelli.com
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