GDLC holdings and weight

The GDL Fund, as of its Q1 2025 commentary, holds 109 stocks in its portfolio. However, the weight of these holdings is not provided in the available sources. The fund's investment objective is to achieve absolute returns in various market conditions without excessive risk of capital, primarily through investing in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations. The net assets of the fund are $129 million, with a NAV per share of $10.37 and a market price of $8.24, indicating a premium of 20.5%. The turnover rate for the fund is 348%, which suggests significant trading activity.

Given the nature of the fund's investments in merger arbitrage and corporate reorganizations, it is likely that the holdings are concentrated in companies involved in these types of transactions. The specific holdings of the fund are not provided, but they are likely to be a mix of equities from various sectors, with a focus on companies that are involved in mergers and reorganizations.