# Gdl Fund (GDL) — Overview

GDL · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/gdl

## Price

Last close $8.32 on Oct 15, 2026. 52-week range $8.24 – $8.64.

## Company profile

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.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $3.0M |
| Revenue (quarter) | $1.4M |
| Revenue growth (year over year) | -21.66% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | $7.4M |
| Net income (quarter) | $3.6M |
| Net income growth (year over year) | -4.47% |
| Net margin | 245.80% |
| Return on equity | 6.43% |
| EPS (trailing twelve months) | $0.68 |
| Book value per share | $10.69 |
| P/E (trailing twelve months) | 12.0 |
| Price to book | 0.8 |
| Debt to assets | 7.33% |
| Payout ratio | 70.93% |
| Dividend yield | 5.92% |

## Frequently Asked Questions

### Is Gdl Fund (GDL) profitable?

Yes. Gdl Fund earned $7.4M in net income over the trailing twelve months, a net margin of 245.80%.

### How much revenue does Gdl Fund (GDL) make?

Gdl Fund generated $3.0M in revenue over the trailing twelve months, down 21.66% year over year.

### What is GDL's P/E ratio?

Gdl Fund trades at 12.0 times trailing twelve-month earnings, on an EPS of $0.68.

### How do I buy stock in Gdl Fund (GDL)?

GDL trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).