The GDL Fund Declares First Quarter 2020 Distribution and Raises the June Distribution 20% From $0.10 to $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: Business Wire
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.10 per share cash distribution payable on March 24, 2020 to common shareholders of record on March 17, 2020. The Board of Trustees authorized a 20% increase in the cash distribution from $0.10 per share to $0.12 per share for June 2020.Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. 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 (which includes ordinary income and net realized short
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Sec Filings
- 10/29/24 - Form SCHEDULE
- 9/6/24 - Form N-CSRS
- 9/3/24 - Form 4
- GDL's page on the SEC website