GDL FundGDL -0.05%57 3-Year RORE % is 57.09 as of Dec. 2025. GuruFocus rates GDL with a GF Score™ of 57/100 and a GF Value™ of $11.39 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,537 Asset Management companies, GDL Fund ranks better than 70.85% on this metric.
Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
GDL Fund's 3-Year RORE % for the quarter that ended in Dec. 2025 was 57.09%.
The industry rank for GDL Fund's 3-Year RORE % or its related term are showing as below:
GDL's 3-Year RORE % is ranked better than 70.85% of 1537
companies
in the Asset Management industry
Industry Median: 12.56
vs GDL: 57.09
GDL Fund (NYSE:GDL) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
GDL Fund 3-Year RORE % Related Terms
GDL Fund 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for GDL Fund's 3-Year RORE % 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.
For the Asset Management subindustry, GDL Fund's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, GDL Fund's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where GDL Fund's 3-Year RORE % falls into.
* 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.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.
GDL Fund (GDL) has a 3-Year RORE % of 57.09 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on GDL Fund and its competitors. According to the industry distribution chart, GDL Fund ranks #448 out of 1537 companies in the Asset Management industry, placing it in the top 29.1%.
Is GDL Fund's 3-Year RORE % too high?
GDL Fund's current 3-Year RORE % is 57.09. The Asset Management industry median 3-Year RORE % is 12.56. GDL Fund's value of 57.09 is 354.5% above this industry median. Based on the distribution chart, GDL Fund ranks #448 out of 1537 companies in the Asset Management industry, which is above the industry midpoint. Overall, GDL Fund has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GDL Fund's 3-Year RORE % compare to GCV and MGF?
According to the Asset Management industry distribution chart, GDL Fund ranks #448 out of 1537 companies for 3-Year RORE %. This puts GDL Fund in the upper half of its industry. The industry median 3-Year RORE % is 12.56. GDL Fund's value of 57.09 is 354.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.56, based on 1,537 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GDL Fund's current 3-Year RORE % of 57.09 is 354.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on GDL Fund and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDL Fund's current 3-Year RORE % is 57.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDL Fund stock overvalued right now?
Based on GuruFocus' analysis, GDL Fund (GDL) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.39, compared to a current price of $8.46 — trading 25.8% below its estimated fair value. The current 3-Year RORE % is 57.09 and 354.5% above the Asset Management industry median of 12.56. GDL Fund's overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For GDL Fund (GDL), the current 3-Year RORE % is 57.09 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is GDL Fund (GDL) Overvalued in 2026?
Based on GuruFocus' analysis, GDL Fund stock appears to be undervalued.
The current stock price of $8.46 is trading 25.8% below its estimated GF Value™ of $11.39.
GuruFocus considers GDL Fund to be Modestly Undervalued.
Key valuation signals for GDL:
3-Year RORE %: 57.09
GF Value™: $11.39 vs. price of $8.46 (25.8% below fair value)
Industry Position: 354.5% above the Asset Management median (#448 of 1537)
No single metric tells the full story. See the GDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
57GF Score
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