The GDL Fund Declares Fourth Quarter Distribution of $0.12 Per Share

RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on December 19, 2025 to common shareholders of record on December 12, 2025. 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.

GlobeNewsWire • Nov 12, 2025

The GDL Fund Declares Third Quarter Distribution of $0.12 Per Share

RYE, N.Y., Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on September 23, 2025 to common shareholders of record on September 16, 2025.

GlobeNewsWire • Aug 21, 2025

Closed-End Funds: Screening For Potential Opportunities To Kick Off H2 2025

We closed out the first half of 2025, making it an appropriate time to give the overall CEF space a fresh look for potential opportunities. As the broader equity indexes have been performing quite well, discounts in the CEF space have narrowed overall. The best relative value more broadly is in the municipal bond space and the "hybrid" funds.

Seeking Alpha • Jul 14, 2025

The GDL Fund Declares Second Quarter Distribution of $0.12 Per Share

RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025.

GlobeNewsWire • May 14, 2025

The GDL Fund Declares First Quarter Distribution of $0.12 Per Share

RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on March 24, 2025 to common shareholders of record on March 17, 2025.

GlobeNewsWire • Feb 13, 2025

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.

Seeking Alpha • Jan 13, 2025

GDL: Forget The Discount To NAV, This Fund Has Not Delivered

GDL Fund is an equity merger arbitrage CEF with a large discount to NAV, underperforming and failing to beat simple money market investments. Merger arbitrage involves betting on binary outcomes in announced mergers, subject to regulatory approvals, with GDL showing a disappointing performance. The widening discount to NAV is justified by the fund's poor performance and high risk-free rates, unlikely to narrow without significant changes or improved results.

Seeking Alpha • Jun 27, 2024

The GDL Fund Declares First Quarter Distribution of $0.12 per Share

RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on March 21, 2024 to common shareholders of record on March 14, 2024.

GlobeNewsWire • Feb 14, 2024

GDL Trades At A 20% Discount To NAV Despite A Track Record Of Outperformance

Gabelli Global Deal Fund is a closed-end fund managed by Mario Gabelli's GAMCO investment complex and focused on merger arbitrage. GDL has a strong investment track record, consistently outperforming its benchmark and other merger arbitrage-focused ETFs. The fund currently trades at a 20%+ discount to its net asset value, offering the potential for higher forward returns.

Seeking Alpha • Jan 15, 2024

GDL: Profit From Merger Arbitrage

Closed-end fund IPOs are terrible. But they can lead to big discounts. Never pay full price but grab the sales.

Seeking Alpha • Dec 4, 2023