profit from every $100 of sales.
$0$100
The GDL Fund
$8.29+0.48% today
-2.8% in 1 year
1-year low $8.231-year high $8.64
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $11.70 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What The GDL Fund sold, what it kept, and what it did with the cash.
Sales went from -$1.97 million in 2022 to $8.43 million in 2025, with $7.61 million of profit last year.
SalesProfit
The GDL Fund handed back more cash to shareholders than it generated last year.
Buybacks $42M
Free cash flow 2025$38M
Bought back its own shares$42M
Paid as dividends$5M
The GDL Fund vs. similar companies
The GDL Fund grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| The GDL Fund | 11.7× · Cheap | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads The GDL Fund's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -2 | 7 | 6 | 8 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -3 | 6 | 5 | 8 | |
| -0.18 | 0.54 | 0.49 | – | |
| – | – | – | – | |
| – | – | – | – | |
| 141.2% | 86.1% | 86.8% | 90.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 203 | 194 | 174 | 136 |
| Cash | 1 | 0 | 0 | 0 |
| Total debt | – | – | – | – |
| Total liabilities | 73 | 72 | 56 | 21 |
| 129 | 122 | 118 | 116 | |
| 15 | 12 | 11 | – | |
| – | – | – | – | |
| -2.2% | 5.2% | 4.6% | 6.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -20 | 19 | 24 | 38 | |
| – | – | – | – | |
| -20 | 19 | 24 | 38 | |
| Dividends paid | 6 | 6 | 6 | 5 |
| 7 | 14 | 19 | 42 | |
| – | – | – | – |
Valuation
- 11.7×
- –
- –
- 0.0×
- 10.6×
- 2.4×
- –
- 42.1%
- 8.5%
- 5.6%
Profitability
- 88.9%
- 80.2%
- 90.3%
- 80.2%
- 5.7%
- 3.3%
- 6.5%
- 5.6%
- 5.7%
- –
Growth
- +7.4%
- –
- +54.5%
- +0.9%
- –
Financial health
- -0.1×
- 0.00
- 0.0%
- 7.2×
- 0.12
- 0.12
- 0.07
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 45%of 768
Top 7%of 611
Top 39%of 881
Bottom 44%of 880
Top 4%of 926
5.6%of the share price, paid each year
On $1,000 invested$56a year at today's yield, before tax
+0.9%2020 to 2025
Raised–not every year
Paid per share, each year
$0.64 in 2015 → $0.48 in 2025
How safe it looks
69.2% of its profit
Room to growStretchedMore than it earns: 14.0%
News
Baron Small-Cap Fund fully liquidates The Cheesecake Factory stake in Q3Seeking Alpha · Nov 12, 2026Bancroft Fund Ltd raises dividend by 22% to $0.50Seeking Alpha · Nov 11, 2026GDL Fund declares $0.12 dividendSeeking Alpha · Nov 11, 2026Cumberland outlines plan to fund operations for over 5 years as it prepares rolling NDA submission for ifetroban in DMDSeeking Alpha · Nov 10, 2026Banks that raced to fund neoclouds like CoreWeave are now hesitatingYahoo Finance · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
60Pass
Benjamin Graham
72Pass
Philip Fisher
74Pass
Peter Lynch
76Pass
Joel Greenblatt
26No pass
Charlie Munger
64Pass
Terry Smith
57No pass
Questions about The GDL Fund
Is The GDL Fund a good stock to buy?
A strong, very profitable business, and the price looks low. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the The GDL Fund AI analysis
What does The GDL Fund do?
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. It is in Asset Management.
Does The GDL Fund pay a dividend?
Yes. At today's price the dividend is 5.6% a year, about 69% of its yearly profit. In 2025 it paid out $5.27 million in dividends.
Is The GDL Fund stock halal?
Yes. The GDL Fund passes our halal screen: its business is permitted and its debt is 0% of its market value, under the 30% limit. How we check
How has The GDL Fund stock done over the past year?
Down 2.8% over the past twelve months, to $8.29. It traded between $8.23 and $8.64 and is 4.1% below its high.
Who are The GDL Fund's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with The GDL Fund's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.