GDL Fund (GDL Fund) Buyback Yield % : 5.54 (As of Apr. 27, 2024)

View and export this data going back to . Start your Free Trial

What is GDL Fund Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

GDL Fund's current buyback yield was 5.54%.

GDL Fund Buyback Yield % Historical Data

The historical data trend for GDL Fund's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GDL Fund Buyback Yield % Chart

GDL Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

Get a 7-Day Free Trial

6.57

10.92

1.92

7.08

7.97

GDL Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buyback Yield %	Get a 7-Day Free Trial								0.72	3.88	10.15	-	-

Competitive Comparison of GDL Fund's Buyback Yield %

For the Asset Management subindustry, GDL Fund's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GDL Fund's Buyback Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GDL Fund's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where GDL Fund's Buyback Yield % falls into.

GDL Fund Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

GDL Fund's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-7.661	+	0)	/	96.18252
	=	7.97%

GDL Fund's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	0)	*	2	/	96.18252
	=	0.00%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Dec. 2023) data.

GDL Fund Buyback Yield % Related Terms

Thank you for viewing the detailed overview of GDL Fund's Buyback Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

GDL Fund (GDL Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GDL Fund (NYSE:GDL) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

GDLpC.PFD:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

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.

Executives

Mario J Gabelli	other: Trustee	191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	other: Trustee
Anthony S. Colavita	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Leslie Fahrenkopf Foley	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey	other: Trustee	ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert	officer: President	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Gpj Retirement Partners, Llc	other: Limited Liability Company	1 CORPORATE CENTER, RYE NY 10580
Gabelli Securities Inc	other: Subsidiary of GAMCO	ONE CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership	other: Partnership
Relative Value Partners, Llc	10 percent owner	1033 SKOKIE BOULEVARD, SUITE 470, NORTHBROOK IL 60062
Clarence A Davis	other: Trustee	ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Edward T Tokar	other: Trustee
Arthur V Ferrara	other: Trustee	ONE CORPORATE CENTER, RYE NY 10580