GDL

The GDL Fund is a closed-end investment fund managed by Gabelli Funds that focuses on equity investments across multiple sectors. The fund seeks capital appreciation and current income through a diversified portfolio of primarily U.S.-listed securities. GDL Fund employs an active management strategy, selecting securities based on fundamental research and value-oriented investment principles. The closed-end structure means the fund has a fixed number of shares that trade on an exchange, often at a premium or discount to net asset value. The fund may utilize leverage to enhance returns and provides regular distributions to shareholders.