Gabelli Merger Plus+ Trust Ord (LSE:GMP) - Investment trust price


Investment Trust Report

Gabelli Merger Plus+ Trust Plc GMPP

Last Price
$8.75

Day Change
-0.30|-3.31%

As of 05/09/2019
15:44:31 BST | USD
Minimum 15 Minutes Delay.

Last Close9.05
Day Range8.40 - 8.40
52-Wk Range8.00 - 8.90
Mkt Cap Mil90.42
Yield %5.49
Estimated Nav9.66
Discount % %-9.42
12M Avg Disc %-11.40
Last Actual NAV9.66
Last NAV Date17/10/2019

Share Price Performance (USD)

Key Statistics (USD)
Total Assets99.828m
Net Assets99.828m
Market Capitalisation90.424m
Gross Gearing0%
Net Gearing0%
Average Daily Shares Traded (1 Yr)0.000m
Average Daily Value Traded (1 Yr)0.002m
Ongoing Charge (2018)1.26%
DomicileUnited Kingdom
Legal StructureClosed End Fund
Traded CurrencyUSD
ISINGB00BD8P0741
Launch Date19 Jul 2017
Financial Year EndJun 2020
Next AGMJul 2020
NAV FrequencyDaily
Dividend FrequencyQuarterly
Valuation Statistics
 18/10/20191 Yr High1 Yr Low
Price8.759.258.20
NAV*9.669.859.36
Discount/Premium-9.42-4.05-15.55
Category Discount---
Z-Statistics (1Yr)0.79  

Total Returns (USD) 18/10/2019

 Chg (%)  
More ...
Price0.23 
NAV0.21
Cat Price0.33
Cat NAV0.58
 
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Income.120010/10/20192020
Income.120011/07/20192019
Income.120011/04/20192019
Income.120010/01/20192019
Income.120011/10/20182019
Director Dealings
TradedActionNotifierPriceAmountValue
08/11/2018PurchaseMr. John Birch0.091,00088.00
02/11/2018PurchaseMr. James Scrymgeour-Wedderburn8.751,50013,125.00
24/10/2018PurchaseMarco Maria Bianconi8.758007,000.00
15/10/2018PurchaseMarc J. Gabelli8.755,00043,750.00

Morningstar Rating™

Not Rated

Morningstar® Category

Alt - Other

Benchmarks

Morningstar® Benchmark

FTSE World TR GBP
Fund Structure
Share Type# of Shares
Ordinary Share10.334m

Investment Objective

The primary investment objective is to seek to generate total return, consisting of capital appreciation and current income. The Company will seek a secondary objective of the protection of capital, uncorrelated to equity and fixed income markets. The Company will seek to meet its investment objective by utilizing the Gabelli Private Market Value (PMV) with a CatalystTM, investment methodology, maintaining a diversified portfolio of catalyst event merger arbitrage strategies to seek to create an optimal risk/reward profile for the portfolio. The Company will invest globally although it is expected to have an emphasis on securities traded in the US, predominantly equity securities issued by companies of any market cap.
Managers
Ralph Rocco19/07/2017
Marc Gabelli19/07/2017
Mario Gabelli19/07/2017
Robert Leininger19/07/2017

Directors

Marco Bianconi, John Birch, Marc Gabelli, John Newlands, James Scrymgeour-Wedderburn, Yuji Sugimoto
Fund prices are updated every weekday after the close of trading and before 11 p.m. wherever possible. All figures are as at Last Close, on a cum income basis with debt valued at fair and in traded currency unless otherwise stated (we do not fair value debt for split capital trusts). Performance returns are presented in U.S. Dollars (USD) and calculated on a capital only basis with debt valued at par.
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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