ducovest

GDL:NYE-GDL Fund The of Beneficial Interest

ETF | Mid-Cap Growth | New York Stock Exchange

Last Closing

USD 9.55

Change

0.00 (0.00)%

Market Cap

USD 0.19B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Under normal circumstances, the Fund will invest at least 80% of its assets in securities or hedging arrangements relating to companies involved in corporate transactions or reorganizations, giving rise to the possibility of realizing gains upon or within relatively short periods of time after the completion of such transactions or reorganizations. This policy is not fundamental and may be changed by the Fund with notice of not less than 60 days to its shareholders. In market cycles with scarce transaction opportunities, the Fund may seek to accomplish its objective of achieving absolute returns by temporarily investing in other assets, including, but not limited to, short-term debt securities, which may make it less likely for the Fund to achieve an attractive rate of return. As a global fund, the Fund may invest without limitation in the securities of foreign and domestic issuers. The Funds investment strategy is to invest in merger arbitrage transactions and corporate reorganizations throughout the world. Under normal market conditions, the Fund expects to have at least 40% of its assets invested in at least three countries, other than the United States. To the extent that the majority of mergers, takeovers, tender offers and leveraged buyouts and corporate reorganizations are concentrated in any given geographic region, such as Europe, North America or Asia, a relatively high proportion of the Funds assets may be invested in that particular region.

Company Website : www.gabelli.com

Currency: USD

Country : USA

Inception Date: 25/01/2007

Primary Benchmark: NA

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 4.43%

Management Expense Ratio:

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-03-24 )

Largest Industry Peers for Mid-Cap Growth

Symbol Name Mer Price(Change) Market Cap
VOT Vanguard Mid-Cap Growth Index .. 0.07 %

-1.08 (-0.49%)

 USD 24.16B
IWP iShares Russell Mid-Cap Growth.. 0.24 %

-0.52 (-0.49%)

 USD 14.98B
IJK iShares S&P Mid-Cap 400 Growth.. 0.24 %

-0.31 (-0.36%)

 USD 9.44B
MDYG SPDR® S&P 400 Mid Cap Growth .. 0.15 %

-0.31 (-0.38%)

 USD 3.06B
XMMO Invesco S&P MidCap Momentum ET.. 0.39 %

-0.69 (-0.64%)

 USD 1.60B
IVOG Vanguard S&P Mid-Cap 400 Growt.. 0.20 %

-0.45 (-0.42%)

 USD 0.78B
RFG Invesco S&P MidCap 400® Pure .. 0.35 %

-0.33 (-0.70%)

 USD 0.31B
IPO Renaissance IPO ETF 0.60 %

-0.04 (-0.09%)

 USD 0.18B
ETHO Etho Climate Leadership U.S. E.. 0.45 %

-0.11 (-0.20%)

 USD 0.18B
CWS AdvisorShares Focused Equity E.. 0.68 %

-0.16 (-0.27%)

 USD 0.14B

ETFs Containing GDL

N/A

Market Performance

  Market Performance vs. Industry/Classification (Mid-Cap Growth) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.14% 11% F 27% F
Dividend Return 1.09% 88% B+ 58% F
Total Return 5.23% 11% F 29% F
Trailing 12 Months  
Capital Gain 3.02% 65% D 68% D+
Dividend Return 4.31% 93% A 64% D
Total Return 7.34% 71% C- 68% D+
Trailing 5 Years  
Capital Gain -13.18% 8% B- 33% F
Dividend Return 25.82% 92% A 74% C
Total Return 12.64% 8% B- 40% F
Average Annual (5 Year Horizon)  
Capital Gain -3.34% 6% D- 22% F
Dividend Return 2.39% 12% F 37% F
Total Return 5.78% 94% A 83% B
Risk Return Profile  
Volatility (Standard Deviation) 4.73% 100% F 87% B+
Risk Adjusted Return 50.63% 18% F 59% D-
Market Capitalization 0.19B 50% F 33% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.