GDL fundamentals

The GDL Fund is a diversified, closed-end management investment company. The company's primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. It invests in securities of companies involved in publicly announced mergers, takeovers, tender offers and leveraged buyouts and to a lesser extent in corporate reorganizations involving stubs, spin-offs, and liquidations to achieve its objective. The company was founded on October 17, 2006 and is headquartered in Rye, NY.