GDL FUND

GDL stock represents shares of The Gabelli Global Deal Fund, a closed-end management investment company listed on the NYSE under the ticker GDL. The fund seeks to achieve its investment objective by investing primarily in equity securities of companies involved in publicly announced mergers, acquisitions, and other corporate transactions, often referred to as merger arbitrage or event-driven investing.

GDL's market price can be influenced by the pace and outcomes of announced merger and acquisition deals, interest rate movements, overall equity market volatility, and changes in investor sentiment toward event-driven strategies. Because it is a closed-end fund, its share price may also trade at a premium or discount to net asset value, and that spread can widen or narrow based on supply and demand for the shares.

Trading activity in GDL can vary by session, so for the most current volume and liquidity picture, check the latest data displayed on this page. Closed-end funds like GDL typically trade on an exchange throughout the trading day, but their average daily volume may be lower than that of large-cap operating companies. Investors can review recent volume figures to gauge how easily shares can be bought or sold.

For a closed-end fund such as GDL, comparing the market price to the fund's net asset value (NAV) is a key valuation step. A premium or discount to NAV helps show whether shares are trading above or below the underlying portfolio value. Investors may also review the fund's investment objective, portfolio composition, and distribution history alongside any current premium or discount data shown on this page.

The Gabelli Global Deal Fund has historically made distributions to shareholders, though the amount, timing, and composition of those payments can change. For the most recent distribution details, including any declared amounts and record dates, refer to the latest dividend information displayed on this page. Distribution history and fund documents can provide additional context on how GDL has returned capital to investors over time.

Historical performance for GDL reflects the fund's market price returns and, where available, NAV returns over various periods. Because GDL is an actively managed closed-end fund focused on deal-related securities, its results can differ meaningfully from broad equity benchmarks. Review the performance data shown on this page for cumulative and annualized returns, and compare them against relevant indices or peer funds.