The GDL Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. Absolute returns are defined as positive total returns, regardless of the direction of securities markets. 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.
Company profile
Ticker
GDL, GDL-PC
Exchange
CEO
Bruce N. Alpert
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
Gabelli Global Deal Fund
SEC CIK
Corporate docs
GDL stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
N-CEN
Annual report (registered investment company)
14 Mar 24
N-CSR
Certified annual shareholder report (management investment company)
8 Mar 24
N-CSRS
Certified semi-annual shareholder report (management investment company)
6 Sep 23
N-PX
Annual report of proxy voting record
25 Aug 23
DEFA14A
Additional proxy soliciting materials
5 Apr 23
DEF 14A
Definitive proxy
5 Apr 23
N-CEN
Annual report (registered investment company)
14 Mar 23
N-CSR
Certified annual shareholder report (management investment company)
9 Mar 23
Latest ownership filings
SC 13D/A
GAMCO INVESTORS, INC. ET AL
14 Mar 24
NPORT-P
GDL Fund (Dec 2023 report)
29 Feb 24
4
John Chester Ball
23 Feb 24
SC 13G
Relative Value Partners Group, LLC
12 Feb 24
SC 13G/A
Joshua Alan Massey
5 Feb 24
SC 13G
ZAZOVE ASSOCIATES LLC
11 Jan 24
4
MARIO J GABELLI
13 Dec 23
NPORT-P
GDL Fund (Sep 2023 report)
29 Nov 23
NPORT-P
GDL Fund (Jun 2023 report)
29 Aug 23
4
MARIO J GABELLI
8 Aug 23
Institutional ownership, Q4 2023
10.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 9 |
Opened positions | 0 |
Closed positions | 26 |
Increased positions | 1 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 357.21 mm |
Total shares | 1.35 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Zazove Associates | 751.46 k | $0.00 |
Pitaro Regina M. | 392.50 k | $0.00 |
Park Avenue Securities | 85.38 k | $686.00 k |
Joshua Alan Massey | 75.67 k | $0.00 |
Raymond James & Associates | 17.38 k | $139.74 mm |
Integrated Capital Management | 16.18 k | $130.07 mm |
Blue Bell Private Wealth Management | 8.59 k | $69.10 mm |
Creative Financial Designs | 1.72 k | $13.81 mm |
Venturi Wealth Management | 474.00 | $3.81 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Feb 24 | John Chester Ball | Common Shares, Par Value $0.001 | Buy | Acquire P | No | No | 7.905 | 32 | 252.96 | 32 |
11 Dec 23 | Gabelli Mario J | Common Shares, Par Value $0.001 | Sell | Dispose S | No | No | 8.01 | 2,000 | 16.02 k | 2,797,577 |
7 Aug 23 | Gabelli Mario J | Common Shares, Par Value $0.001 | Buy | Acquire P | Yes | No | 7.93 | 120 | 951.60 | 57,282 |
31 Jul 23 | Gabelli Mario J | Common Shares, Par Value $0.001 | Buy | Acquire P | No | No | 7.932 | 500 | 3.97 k | 2,751,577 |
17 Apr 23 | Gabelli Mario J | Common Shares, Par Value $0.001 | Sell | Dispose S | Yes | No | 7.85 | 2,000 | 15.70 k | 48,000 |