GDL Search Results -
Quick Search

Session.supporter not defined

quantumonline home Income Tables Income Lists Stock Lists Special Lists Investment Services Investment Information quantumonline home
Traffic Stats

GDL Fund (The)
Ticker Symbol: GDL     CUSIP: 361570104     Exchange: NYSE
Security Type:   Closed-End ETF  ---  ETF SubType:   Total Return Fund

Company's Online Profile
FUND DESCRIPTION:  GDL Fund, formerly the Gabelli Global Deal Fund, is an exchange-traded closed-end fund or a closed-end ETF which is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The GDL Fund seeks to achieve absolute returns in various market conditions without excessive risk of capital. FUND STRATEGY: 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. Under normal circumstances, the Fund will invest at least 80% of its assets in securities or hedging arrangements relating to companies involved in corporate transactions or reorganizations, giving rise to the possibility of realizing gains upon or within relatively short periods of time after the completion of such transactions, or reorganizations. In market cycles with scarce transaction opportunities, the Fund may seek to accomplish its objective of achieving absolute returns by temporarily investing in other assets, including, but not limited to, short-term debt securities, which may make it less likely for the Fund to achieve an attractive rate of return. As a global fund, the Fund may invest without limitation in the securities of foreign and domestic issuers. The Fund’s investment strategy is to invest in merger arbitrage transactions and corporate reorganizations throughout the world. As the dollar volume and range of countries involved in significant merger arbitrage and corporate reorganizations has increased over the past several years, the Fund expects that its assets will usually be invested in several countries. Under normal market conditions, the Fund expects to have at least 40% of its assets invested in at least three countries, other than the United States. To the extent that the majority of mergers, takeovers, tender offers and leveraged buyouts and corporate reorganizations are concentrated in any given geographic region, such as Europe, North America or Asia, a relatively high proportion of the Fund’s assets may be invested in that particular region. FUND MANAGEMENT: Gabelli Funds, LLC serves as the Fund’s Investment Adviser. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest.
Find All Related Securities for GDL

IPO - 1/31/2007 - 18.75 Million Shares @ $20.00/share.    Link to IPO Prospectus
Previous Name: Gabelli Global Deal Fund    Changed: 2/10/11
Small Cap Stock -   Market Value $ 267 Million

Company's Online Information Links
ETF Fund's Information Goto Fund Information
ETF Funds's Online News Releases Goto News Releases
Online ETF Fund Profile Goto Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Goto SEC Filings

Company's Email Address Links
Inv Rel Email Address
General Email Address
Email Contact Form on Website Goto Email Form

Address and Phone Numbers
Address:   One Corporate Center, Rye, NY 10580
Main Phone Number 914-921-5100
Fax Number 914-921-5392
Investor Contact 800-422-3554
Toll Free Phone Number 800-422-3554

Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.

investment Links contact quantumonline guestbook
quantumonline supporters about quantumonline using quantumonline
Copyright © 1997 - 2018 All rights reserved.
Latest Update: