GDL Fund (GDL Fund) Net Margin %

: 0.00% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. GDL Fund's Net Income for the six months ended in Dec. 2023 was $0.00 Mil. GDL Fund's Revenue for the six months ended in Dec. 2023 was $0.00 Mil. Therefore, GDL Fund's net margin for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for GDL Fund's Net Margin % or its related term are showing as below:

GDL' s Net Margin % Range Over the Past 10 Years
Min: 78.11 Med: 86.67 Max: 196.97
Current: 78.11

GDL's Net Margin % is ranked worse than
55.09% of 1670 companies
in the Asset Management industry
Industry Median: 86.315 vs GDL: 78.11

GDL Fund Net Margin % Historical Data

The historical data trend for GDL Fund's Net Margin % 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 Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

83.74

196.97

78.81

141.19

86.06

GDL Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %									45.52	109.80	78.11	-	-

Competitive Comparison

For the Asset Management subindustry, GDL Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

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

* The bar in red indicates where GDL Fund's Net Margin % falls into.

GDL Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	6.286	/	7.304
	=	86.06 %

GDL Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	0
	=	%

GDL Fund (NYSE:GDL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

GDL Fund Net Margin % Related Terms

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GDL Fund (GDL Fund) Business Description

Industry

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

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