GDL The Common Shares Of Beneficial Interest (GDL) closed at $8.28 on November 6, 2026, up 0.6% from the previous close, on volume of 9,351 shares (30-day average 15,245).
Data as of November 6, 2026.
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The GDL Fund Declares Third Quarter Distribution of $0.12 Per Share
Globe Newswire (Wed, 12-Aug 11:24 AM ET)
The Fund’s primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. 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. The Fund will invest at least 80% of its assets, under normal market conditions, 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. The Fund may invest a high percentage of its assets in specific sectors of the market in order to achieve a potentially greater investment return. As a result, the Fund may be more susceptible to economic, political, and regulatory developments in a particular sector of the market, positive or negative, and may experience increased volatility to the Fund’s NAV and a magnified effect in its total return.
GDL The Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol GDL.
As of November 6, 2026, GDL stock price climbed to $8.28 with 9,351 million shares trading.
GDL has a market cap of $88.95 million. This is considered a Micro Cap stock.
In the last 3 years, GDL traded as high as $8.67 and as low as $7.65.
GDL has underperformed the market in the last year with a return of +3.1%, while SPY returned +9.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GDL shares. However, GDL has outperformed the market in the last 3 month and 2 week periods, returning -0.5% and -0.2%, while SPY returned -4.2% and -3.8%, respectively. This indicates GDL has been having a stronger performance recently.
GDL support price is $8.14 and resistance is $8.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GDL shares will trade within this expected range on the day.
