DividendNov 11, 2026, 12:34 PM
GDL Fund Declares $0.12 Per Share Cash Distribution
AI Summary
The Board of Trustees of The GDL Fund (GDL) declared a cash distribution of $0.12 per share, payable on December 18, 2026, to shareholders of record on December 11, 2026. The Fund, with $117 million in net assets, will continue to monitor its distribution level. The announcement also provided an estimated breakdown of 2026 distributions, with approximately 10% from net investment income, 75% from net capital gains, and 15% as a return of capital on a book basis, noting that final tax reporting will be determined after year-end.
Key Highlights
- GDL Fund declared a $0.12 per share cash distribution.
- Distribution payable on December 18, 2026 to shareholders of record on December 11, 2026.
- Fund's net assets total $117 million.
- Approximately 10% from net investment income, 75% from net capital gains, and 15% return of capital on a book basis for 2026 distributions.
- Final determination of distribution sources for 2026 will be made after year-end.
Price Impact
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