GDL Fund Announces Annual Meeting of Shareholders on May 13, 2024

TL;DR

<b>The GDL Fund is holding its Annual Shareholder Meeting on May 13, 2024, to elect three Trustees.</b>

AI Summary

GDL FUND (GDL) filed a Proxy Statement (DEF 14A) with the SEC on March 21, 2024. The GDL Fund will hold its Annual Meeting of Shareholders on May 13, 2024, at 10:30 a.m. ET. The meeting will take place at GAMCO Investors, Inc. in Rye, New York, and virtually via Internet webcast. Shareholders will vote on the election of three (3) Trustees. The Trustees will be elected by holders of the Fund's common shares and Series C and Series E Preferred Shares. The filing is a Definitive Proxy Statement (DEF 14A) submitted on March 21, 2024.

Why It Matters

For investors and stakeholders tracking GDL FUND, this filing contains several important signals. This meeting is a crucial governance event where shareholders exercise their voting rights to influence the fund's leadership. The election of Trustees directly impacts the strategic direction and oversight of the fund's operations and investments.

Risk Assessment

Risk Level: low — GDL FUND shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Shareholders should review the proxy materials to make informed voting decisions regarding the election of Trustees.

Key Numbers

• May 13, 2024 — Annual Meeting Date (Annual Meeting of Shareholders To Be Held on May 13, 2024)
• 10:30 a.m. ET — Meeting Time (will be held on Monday, May 13, 2024, at 10:30 a.m., ET)
• Three (3) — Number of Trustees to Elect (To elect three (3) Trustees of the Fund)

Key Players & Entities

• GDL Fund (company) — The GDL Fund (GDL)
• May 13, 2024 (date) — Annual Meeting of Shareholders To Be Held on May 13, 2024
• GAMCO Investors, Inc. (company) — at GAMCO Investors, Inc., One Corporate Center, 401 Theodore Fremd Avenue, Rye, New York, 10580
• Three (3) (dollar_amount) — To elect three (3) Trustees of the Fund

FAQ

Risk Factors

• Proxy Statement Filing [low — regulatory]: The filing is a routine Definitive Proxy Statement (DEF 14A) required for the annual shareholder meeting.

Industry Context

The GDL Fund operates within the regulated investment fund industry, requiring adherence to SEC proxy solicitation rules.

Regulatory Implications

The filing complies with Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Shareholders should review the proxy statement for details on Trustee nominees.
2. Confirm attendance details for the May 13, 2024, Annual Meeting.
3. Vote on the election of Trustees according to personal investment strategy.

Key Dates

• 2024-05-13: Annual Meeting of Shareholders — Election of Trustees and other business.
• 2024-03-21: Filing Date — Filing of the Definitive Proxy Statement.

Glossary

DEF 14A

Definitive Proxy Statement filed with the SEC. (Provides detailed information to shareholders regarding matters to be voted on at the annual meeting.)

Trustees

Individuals elected to oversee the fund's operations and management. (Their election is a key agenda item for shareholder governance.)

Year-Over-Year Comparison

This is the initial filing for the 2024 Annual Meeting of Shareholders; prior filings would detail previous meetings and elections.

Key Financial Figures

• $1,000 — tion of proxies for an estimated fee of $1,000 plus reimbursement of expenses. The Fun
• $0.001 — t outstanding: common shares, par value $0.001 per share ("Common Shares"), and Series
• $150,000 — the SEC's findings and allegation, paid $150,000 and agreed to cease and desist committi

Filing Documents

• gdl-html7530_def14a.htm (DEF 14A) — 283KB
• proxy001.jpg (GRAPHIC) — 534KB
• proxy002.jpg (GRAPHIC) — 756KB
• proxy003.jpg (GRAPHIC) — 536KB
• proxy004.jpg (GRAPHIC) — 756KB
• proxy005.jpg (GRAPHIC) — 536KB
• proxy006.jpg (GRAPHIC) — 756KB
• 0001133228-24-002389.txt (&nbsp;) — 9542KB
• gdl-20240403.xsd (EX-101.SCH) — 3KB
• gdl-20240403_def.xml (EX-101.DEF) — 3KB
• gdl-20240403_lab.xml (EX-101.LAB) — 2KB
• gdl-20240403_pre.xml (EX-101.PRE) — 2KB
• gdl-html7530_def14a_htm.xml (XML) — 16KB

From the Filing

SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to Sec. 240.14a-12 The GDL Fund (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11(set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registration 3) Filing Party: 4) Date Filed: THE GDL FUND One Corporate Center Rye, New York 10580-1422 (914) 921-5070 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To Be Held on May 13, 2024 To the Shareholders of THE GDL FUND Notice is hereby given that the Annual Meeting of Shareholders of The GDL Fund, a Delaware statutory trust (the "Fund"), will be held on Monday, May 13, 2024, at 10:30 a.m., ET, at GAMCO Investors, Inc., One Corporate Center, 401 Theodore Fremd Avenue, Rye, New York, 10580 and virtually by Internet webcast (the "Meeting"), and at any adjournments or postponements thereof for the following purposes: 1. To elect three (3) Trustees of the Fund to be elected by the holders of the Fund's common shares and holders of its Series C Cumulative Puttable and Callable Preferred Shares and Series E Cumulative Term Preferred Shares (together, the "Preferred Shares"), voting together as a single class; and 2. To consider and vote upon such other matters, including adjournments, as may properly come before said Meeting or any adjournments or postponements thereof. These items are discussed in greater detail in the attached Proxy Statement. We are conducting a "hybrid" meeting - you may attend in person or virtually. Whether or not you plan to attend the Meeting in person, shareholders must register in advance by submitting the required information to the Fund at: http://Gabelli.com/CEFAnnualMeeting. Following registration, a shareholder will be provided with instructions regarding how to access the virtual Meeting, including the link for the Meeting. Requests for registration must be received no later than 5:00 p.m., ET, on May 12, 2024. Shareholders will receive an email confirming their registration and providing instructions for participating in the Meeting. Any questions should be directed to CEFProxy@gabelli.com. The close of business on March 15, 2024, has been fixed as the record date for the determination of shareholders entitled to notice of and to vote at the Meeting and any adjournments or postponements thereof. YOUR VOTE IS IMPORTANT REGARDLESS OF THE SIZE OF YOUR HOLDINGS IN THE FUND. WE ENCOURAGE YOU TO VOTE YOUR PROXY IN ADVANCE OF THE MEETING, EVEN IF YOU PLAN TO ATTEND THE MEETING. SHAREHOLDERS MAY AUTHORIZE THEIR PROXY BY TELEPHONE OR THE INTERNET. ALTERNATIVELY, SHAREHOLDERS MAY SUBMIT VOTING INSTRUCTIONS BY SIGNING AND DATING THE PROXY CARD AND RETURNING IT IN THE ACCOMPANYING POSTAGE-PAID ENVELOPE. By Order of the Board of Trustees, PETER GOLDSTEIN Secretary April 3, 2024 INSTRUCTIONS FOR SIGNING PROXY CARDS TO BE RETURNED BY MAIL The following general rules for signing proxy cards may be of assistance to you and avoid the time and expense to the Fund involved in validating your vote if you fail to properly sign your proxy card. 1. Individual Accounts: Sign your name exactly as it appears in the registration on the proxy card. 2. Joint Accounts: Either party may sign, but the name of the party signing should conform exactly to the name shown in the registration. 3. All Other Accounts: The capacity of the individuals signing the proxy card should be indicated unless it is reflected in the form of registration. For example: Registration Valid Signature Corporate Accounts (1) ABC Corp. ABC Corp., John Doe, Treasurer (2) ABC Corp. John Doe, Treasurer (3) ABC Corp. c/o John Doe, Treasurer John Doe (4) ABC Corp., Profit

View Full Filing

View this DEF 14A filing on SEC EDGAR