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.
GDL Fund (GDL) is a closed-end investment company specializing in merger arbitrage and corporate reorganizations to generate absolute returns with controlled risk. This page serves as the definitive source for all official announcements, strategic developments, and market-related updates.
Investors and analysts will find carefully curated news spanning earnings reports, acquisition activity, restructuring initiatives, and portfolio adjustments. Our collection emphasizes timely updates on merger spread dynamics and corporate event analysis central to GDL's strategy.
All content undergoes rigorous verification to ensure accuracy and relevance. Regular updates provide insights into how the fund navigates market dislocations through its research-driven approach to risk-managed investing.
Bookmark this page for direct access to primary source materials and analytical updates on GDL's unique position within alternative investment markets. Check back frequently for developments impacting the fund's performance and strategic direction.
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.
The GDL Fund (NYSE:GDL) has announced a cash distribution of $0.12 per share, set to be paid on March 24, 2023, to common shareholders on record as of March 17, 2023.
The fund’s distribution policy includes monitoring net asset value and adapting to market conditions, with annual distributions stemming from realized long-term capital gains and quarterly income distributions. Distributions may include return of capital and are subject to modification by the Board of Trustees. For 2023, the distribution is expected to be entirely from paid-in capital, designated to impact the cost basis for shareholders.
FAQ
What is the current stock price of GDL Fund (GDL)?
What is the market cap of GDL Fund (GDL)?
