GDL FUND — Director's Dealing 2009

Jan 30, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Gabelli Global Deal Fund (GDLXR)
CIK: 0001378701
Period of Report: 2009-01-29

Reporting Person: TOKAR EDWARD T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-01-29	Rights	S	5000	$0.0452	Disposed	0	Direct

Footnotes

F1: The reporting person acquired 5,000 purchase rights for preferred shares as a result of a pro-rata distribution of such rights by the Issuer on December 24, 2009. One right was issued for each common share held as of December 19, 2009.