Symbol
GDL
Company Name
The GDL Fund
Price
$8.130
Avg. Volume
13.997 T
Market Capital
110.351 M
Range
8.19-9.3
Changes
0.070
Change Percentage
0.86
Currency
USD
CIK
0001378701
ISIN
US3615701048
CUSIP
361570104
Exchange
New York Stock Exchange
Exchange Short Name
NYSE
Industry
Collective Investments
Website
http://www.gabelli.com/Template/fundinfo.cfm?tid=NTZiMA==&bid=YmQ2YQ==&mid=NDBmYzc=&num=MTQzNTI=&kid=NWI5MWE=&fid=Njk0NzA=&rid=711-=edoc_dnuf
Day Low
$ 8.110
Day High
$ 8.160
Year High
$ 8.160
Year Low
$ 7.750
Volume
13.997 T
Open
125.08
Previous Close
$ 8.060
Share Outstanding
13574200.000
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.