The GDL Fund (GDL) NYSE

8.45

-0.015(-0.18%)

Updated at June 03 03:38PM

Currency In USD

The GDL Fund

Address

One Corporate Center

Rye, NY 10580-1422

United States of America (the)

Phone

914-921-5000

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

April 23, 2007

Key Executives

NameTitlePayYear Born
David I. SchachterVice President01953
Mario Joseph GabelliPortfolio Manager01942
Carter W. AustinSenior Vice President01966
Bruce N. AlpertExecutive Vice President & Chief Operating Officer01952

Description

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. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts. It also invests in companies undergoing corporate reorganizations involving stubs, spin-offs, and liquidations. The fund benchmarks the performance of its portfolio against Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. It was formerly known as Gabelli Global Deal Fund. The GDL Fund was formed on October 17, 2006 and is domiciled in the United States.