The GDL Fund closed at $8.34 on Sep 28, down 0.24%, within 1.2% of its 52-week closing low. Volume of 17.4K shares was 1.41× its 20-day average (above normal).
Split-adjusted performance: -0.5% over one month, +0.6% over six months, -1.3% over one year.
Short interest was 5.4K shares at the Sep 15 settlement, down 19.4% from the prior report (0.1% of float, 1.0 days to cover).
GDL Fund is a diversified closed-end management investment company. Its primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital.
What is GDL's market cap?
$89.60M, based on the Sep 28 close of $8.34.
Does The GDL Fund pay a dividend?
Yes. The latest regular dividend was $0.12 per share (ex-date Sep 16), an annualised yield of 5.76%.
How much of GDL is sold short?
5.4K shares, 0.1% of float, as of Sep 15, 2026.
About The GDL Fund
GDL Fund is a diversified closed-end management investment company. Its primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The fund seeks to achieve its objective by investing in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
