The GDL Fund (NYSE:GDL – Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $7.97 and traded as high as $8.18. The GDL Fund shares last traded at $8.17, with a volume of 1,792 shares traded.
The GDL Fund Stock Performance
The firm has a 50 day moving average of $8.11 and a 200-day moving average of $7.98.
The GDL Fund Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Monday, September 16th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.90%. The ex-dividend date of this dividend was Monday, September 16th.
Hedge Funds Weigh In On The GDL Fund
About The GDL Fund
The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts.
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