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0.000638569604086832 0.00255427841634744 0.00255427841634744 0.00255427841634744 0.00204342273307791 0.00255427841634744 0.00255427841634744 0.00255427841634744
Stock impact report

The GDL Fund Declares First Quarter Distribution of $0.12 per Share

GDL Fund, The Common Shares of Beneficial Interest (GDL) 
US:NYSE Investor Relations: gabelli.com/funds/products/-117.html
Company Research Source: GlobeNewswire
RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.12 per share cash distribution payable on March 21, 2024 to common shareholders of record on March 14, 2024. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund. The Fund makes annual distributions of its realized net long-term capital gains and quarterly cash distributions of all or a portion of its investment company taxable income to common shareholders. A portion of the distribution may be a return of capital and various factors will affect the level of the Fund’s income, such as its asset mix and use of merger arbitrage strategies. To permit the Fund to maintain more stable distributions, the Fund may distribute more than the ent Show less Read more
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