The GDL Fund Declares Third Quarter Distribution of $0.12 Per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 23 2024
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Should l Buy ?
Source: Newsfilter
Distribution Announcement: The GDL Fund has declared a cash distribution of $0.12 per share, payable on September 23, 2024, to shareholders recorded by September 16, 2024, while monitoring its distribution levels based on net asset value and market conditions.
Income Composition: In 2024, approximately 35% of distributions will come from net investment income, 10% from net capital gains, and 55% will be considered a return of capital, with final tax treatment details provided to shareholders in early 2025.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
