GDL FUND — Director's Dealing 2020

Mar 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GDL FUND (GDL.C)
CIK: 0001378701
Period of Report: 2020-03-26

Reporting Person: GABELLI MARIO J (Director, Control Person of Adviser)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-26	Series C Cumulative Puttable and Callable Preferred Shares	J	216000	$50	Disposed	0	Direct
2020-03-26	Series C Cumulative Puttable and Callable Preferred Shares	J	40000	$50	Disposed	0	Indirect

Footnotes

F1: Shares were surrendered in accordance with Right to Put to the Fund up to 100% of Outstanding Series C Cumulative Puttable and Callable Preferred Shares.

F2: E3M 2016, LLC is a limited liability company. Mr. Gabelli has less than a 100% interest in E3M 2016 and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.