GDL FUND (GDL)
The GDL Fund, a closed-ended equity mutual fund, was initially launched by GAMCO Investors, Inc., and is currently overseen by Gabelli Funds, LLC. This fund's strategy involves investing in publicly traded equities across various global markets, focusing on companies within a wide range of sectors. A core part of its investment approach targets firms involved in significant corporate events such as publicly announced mergers, acquisitions, tender offers, and leveraged buyouts. It also allocates capital to businesses undergoing corporate restructurings, including stubs, spin-offs, and liquidations. For performance assessment, the fund's portfolio is benchmarked against the Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. Established in the United States on October 17, 2006, the fund was previously known as the Gabelli Global Deal Fund.
Industry: Asset Management
The GDL Fund
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 10.74M shares outstanding
The GDL Fund, a closed-ended equity mutual fund, was initially launched by GAMCO Investors, Inc., and is currently overseen by Gabelli Funds, LLC. This fund's strategy involves investing in publicly traded equities across various global markets, focusing on companies within a wide range of sectors. A core part of its investment approach targets firms involved in significant corporate events such as publicly announced mergers, acquisitions, tender offers, and leveraged buyouts.
It also allocates capital to businesses undergoing corporate restructurings, including stubs, spin-offs, and liquidations. For performance assessment, the fund's portfolio is benchmarked against the Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. Established in the United States on October 17, 2006, the fund was previously known as the Gabelli Global Deal Fund.
Leadership
Agnes Mullady
Trustee
Carter W. Austin
Senior Vice President
David I. Schachter
Vice President
Frank J. Fahrenkopf, Jr.
Director
Employees
--
Country
US
Sector
Financial Services
Website
gabelli.com
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
| Director | Sale | 800 | $6.8K | Feb 23, 2026 | |
| Director | Sale | 800 | $6.7K | Jan 9, 2026 | |
| Director | Sale | 2.5K | $20.1K | Nov 26, 2024 | |
| Director | Sale | 307 | $2.5K | Aug 29, 2024 |
| Name | Shares | % | Source |
|---|---|---|---|
GABELLI MARIO J Director, 10% Owner | 2.7M | 25.6% | FORM 4 |
GABELLI & Co INVESTMENT ADVISERS, INC. | 1.8M | 17.2% | 13F |
MORGAN STANLEY | 508.8K | 4.7% | 13F |
Focus Partners Wealth | 504.2K | 4.7% | 13F |
GAMCO INVESTORS, INC. ET AL | 441.9K | 4.1% | 13F |
Bulldog Investors, LLP | 409.7K | 3.8% | 13F |
BANK OF AMERICA CORP /DE/ | 162.0K | 1.5% | 13F |
Ancora Advisors LLC | 148.2K | 1.4% | 13F |
NewEdge Advisors, LLC | 129.1K | 1.2% | 13F |
CSS LLC/IL | 116.7K | 1.1% | 13F |
based on 10.74M shares outstanding
30d Avg
16.99K
60d Avg
15.04K
90d Avg
13.05K