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GDL

GDL FundNYSE:GDL Stock Report

Last Price

US$8.97

Market Cap

US$135.1m

7D

1.0%

1Y

3.0%

Updated

16 Jan, 2022

Data

Company Financials
GDL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

GDL Stock Overview

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc.

Price History & Performance

Summary of all time highs, changes and price drops for GDL Fund
Historical stock prices
Current Share PriceUS$8.97
52 Week HighUS$9.30
52 Week LowUS$8.58
Beta0
1 Month Change-0.11%
3 Month Change-0.33%
1 Year Change2.99%
3 Year Change-2.61%
5 Year Change-9.45%
Change since IPO-55.15%

Recent News & Updates

Dec 02

GDL: Discounted Fund With Attractive Yield, But Probably Best To Avoid

GDL is a unique fund from the Gabelli lineup; this one focuses on "merger arbitrage transactions." The fund is currently deeply discounted and carries a distribution yield of over 5%. Despite the interesting nature of the fund and the typically attractive features of a CEF being present, this fund has performed poorly.

Nov 13

GDL Fund declares $0.12 dividend

GDL Fund (GDL) declares $0.12/share quarterly dividend, in line with previous.Forward yield 5.66%Payable Dec. 18; for shareholders of record Dec. 11; ex-div Dec. 10.See GDL Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

GDLUS Capital MarketsUS Market
7D1.0%-1.6%-0.5%
1Y3.0%30.2%13.7%

Return vs Industry: GDL underperformed the US Capital Markets industry which returned 30.2% over the past year.

Return vs Market: GDL underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is GDL's price volatile compared to industry and market?
GDL volatility
GDL Average Weekly Movement1.1%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: GDL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: GDL's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aBruce Alperthttps://www.gabelli.com/Template/fundinfo.cfm?tid=NTZiMA==&bid=YmQ2YQ==&mid=NDBmYzc=&num=MTQzNTI=&kid=NWI5MWE=&fid=Njk0NzA=&rid=711-=edoc_dnuf

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors.

GDL Fund Fundamentals Summary

How do GDL Fund's earnings and revenue compare to its market cap?
GDL fundamental statistics
Market CapUS$135.14m
Earnings (TTM)US$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GDL income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
ExpensesUS$0
EarningsUS$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did GDL perform over the long term?

See historical performance and comparison

Valuation

Is GDL Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether GDL Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as GDL Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is GDL Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GDL Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has GDL Fund performed over the past 5 years?

19.5%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, GDL Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is GDL Fund's financial position?


In this section we usually analyse GDL Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. GDL Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is GDL Fund current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GDL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GDL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GDL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GDL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GDL's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

15.2yrs

Average management tenure


CEO

Bruce Alpert (69 yo)

15.17yrs

Tenure

Mr. Bruce N. Alpert, CPA, has been the President of GAMCO Global Gold, Natural Resources & Income Trust since 2005. He serves as a Senior Vice President of GAMCO Investors Inc. since May 2008. Mr. Alpert i...


Leadership Team

Experienced Management: GDL's management team is seasoned and experienced (15.2 years average tenure).


Board Members

Experienced Board: GDL's board of directors are seasoned and experienced ( 15.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GDL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The GDL Fund's employee growth, exchange listings and data sources


Key Information


Location

  • The GDL Fund
  • One Corporate Center
  • Rye
  • New York
  • 10580-1422
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:11
End of Day Share Price2022/01/14 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.