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The GDL Fund Declares First Quarter 2020 Distribution and Raises the June Distribution 20% From $0.10 to $0.12 Per Share

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The GDL Fund (NYSE:GDL) (the “Fund”) declared a $0.10 per share cash distribution payable on March 24, 2020 to common shareholders of record on March 17, 2020. The Board of Trustees authorized a 20% increase in the cash distribution from $0.10 per share to $0.12 per share for June 2020.