Welcome to our dedicated page for GDL Fund news (Ticker: GDL), a resource for investors and traders seeking the latest updates and insights on GDL Fund stock.
The GDL Fund (NYSE: GDL) is a diversified, closed-end management investment company that focuses on achieving absolute returns in various market conditions without excessive risk of capital. Managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc., the Fund emphasizes merger arbitrage transactions and selected corporate reorganizations involving stubs, spin-offs, and liquidations.
This news page aggregates official announcements and press releases related to The GDL Fund. Readers can follow updates from the Fund’s Board of Trustees on quarterly cash distributions to common shareholders and annual distributions of realized net long-term capital gains. The Fund’s communications regularly explain how distributions may include components such as net investment income, net capital gains, and return of capital, along with estimates of the mix for specific years.
Coverage also includes details on distribution policies, changes or confirmations of dividend rates on preferred share classes, and explanations of how factors like asset mix and the use of merger arbitrage strategies can influence income available for distribution. For preferred shareholders, news items may describe dividend rates, put and call features, and key dates associated with preferred share terms.
Investors and researchers can use this page to review historical and recent Fund announcements regarding distributions, tax characterization estimates, and other Board decisions affecting shareholders. By consulting these updates, users gain insight into how The GDL Fund applies its stated strategy, manages its distribution practices, and communicates important information about its closed-end fund structure and capital policies.
The GDL Fund (NYSE:GDL) declared a $0.12 per share cash distribution payable March 24, 2026 to shareholders of record March 17, 2026. The Board said it will monitor distribution levels versus NAV and market conditions and may modify distributions at any time.
On a book basis, the current 2026 distribution would be deemed 100% return of capital, pending final year-end tax characterization; Form 1099-DIV details will follow in early 2027.
The GDL Fund (NYSE:GDL) declared a $0.12 per share cash distribution payable on December 19, 2025 to shareholders of record on December 12, 2025. The Board will continue to monitor distribution levels relative to net asset value and market conditions and may modify quarterly distributions at any time.
For 2025 the Fund estimates each distribution will be comprised of approximately 11% net investment income, 29% net capital gains and 60% return of capital (book basis). Final tax components will be determined after year end and reported on Form 1099-DIV in early 2026.
The GDL Fund (NYSE:GDL) has declared a quarterly cash distribution of $0.12 per share, payable on September 23, 2025, to shareholders of record as of September 16, 2025.
The Fund's 2025 distributions composition includes approximately 7% from net investment income, 13% from net capital gains, and 80% deemed as return of capital on a book basis. The Board of Trustees actively monitors the distribution level, considering the Fund's net asset value and market conditions.
The Fund maintains a policy of making annual distributions of realized net long-term capital gains and quarterly distributions of investment company taxable income to common shareholders.
The GDL Fund (NYSE:GDL) has announced a quarterly cash distribution of $0.12 per share, payable on June 23, 2025, to shareholders of record as of June 13, 2025. The distribution breakdown for 2025 is approximately 5% from net investment income, 3% from net capital gains, and 92% return of capital on a book basis. The Fund makes annual distributions of realized net long-term capital gains and quarterly distributions of investment company taxable income. The Board of Trustees actively monitors the distribution level, considering the Fund's net asset value and market conditions.
The Fund emphasizes that distribution rates should not be considered as dividend yield or total return on investment. Final determination of the distribution sources for 2025 will be made after year-end, with shareholders receiving Form 1099-DIV in early 2026 for tax reporting purposes.The GDL Fund (NYSE:GDL) has announced a quarterly cash distribution of $0.12 per share, payable on March 24, 2025, to shareholders of record as of March 17, 2025. The Fund's Board of Trustees actively monitors distribution levels considering net asset value and market conditions.
The distribution may include realized net long-term capital gains, investment company taxable income, and potentially a return of capital. Based on current accounting records, the 2025 distribution would be considered 100% from paid-in capital on a book basis. The Fund maintains flexibility in distribution rates to provide more stable distributions, though this may result in distributing more than earned in a particular period.
Shareholders will receive detailed tax information for 2025 distributions via Form 1099-DIV in early 2026.
The GDL Fund (NYSE:GDL) has announced a $0.12 per share cash distribution for the fourth quarter, payable on December 20, 2024, to shareholders of record as of December 13, 2024. The distribution composition for 2024 includes approximately 31% from net investment income, 41% from net capital gains, and 28% return of capital. The Fund makes annual distributions of realized net long-term capital gains and quarterly distributions of investment company taxable income. The Board of Trustees monitors the distribution level considering the Fund's net asset value and market conditions.
The GDL Fund (NYSE:GDL) has announced a $0.12 per share cash distribution for the third quarter, payable on September 23, 2024, to shareholders of record on September 16, 2024. The Fund's Board of Trustees will continue monitoring the distribution level, considering factors such as net asset value and market conditions.
Key points:
- The Fund makes annual distributions of realized net long-term capital gains and quarterly distributions of investment company taxable income.
- The current distribution breakdown is approximately 35% from net investment income, 10% from net capital gains, and 55% deemed a return of capital.
- Distributions may include more than the entire amount of income earned in a period to maintain stability.
- Final determination of distribution sources will be made after year-end, with shareholders receiving Form 1099-DIV in early 2025 for tax reporting purposes.
The GDL Fund (NYSE:GDL) announced a $0.12 per share cash distribution for the second quarter of 2024, payable on June 21, 2024, to shareholders of record by June 13, 2024. The Board of Trustees will oversee the distribution level, considering the Fund's net asset value and market conditions. The distribution rate is not indicative of the dividend yield or total return on an investment. The Fund distributes net long-term capital gains annually and quarterly cash distributions of taxable income. A portion of the distribution may be a return of capital, which is non-taxable and reduces shareholder cost basis. The current year's distributions include approximately 13% from net investment income and 87% return of capital. Investors will receive detailed tax information in early 2025.
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