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Gabelli Merger Plus Trust plc (GMP) Ord USD0.01

Sell:$6.90 Buy:$8.50 0 Change: $0.80 (11.59%)
Market closed Prices as at close on 4 June 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:$6.90
Buy:$8.50
Change: $0.80 (11.59%)
Market closed Prices as at close on 4 June 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:$6.90
Buy:$8.50
Change: $0.80 (11.59%)
Market closed Prices as at close on 4 June 2020 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
$7.70
Trade high:
n/a
Year high:
$9.35
Estimated NAV:
953.00
Previous close:
$6.90
Trade low:
n/a
Year low:
$0.50
Premium/Discount:
-19.20%
Previous:
$0.80 (10.39%)
Previous:
$0.80
Volume:
n/a
Dividend yield:
6.23%
Currency:
USD
Data delayed by at least 15 minutes.

Price

  • Net Asset Value (NAV)
GABELLI MERGER performance chart

Premium/Discount

GABELLI MERGER performance chart
Full interactive share price and premium / discount charts

Performance

1 week 1W 10.39% 1 year 1Y 18.34%
1 month 1M 10.39% 2 years 2Y 31.34%
3 months 3M 9.8% 3 years 3Y n/a
6 months 6M 21.14% 5 years 5Y n/a

Performance figures are based on the previous close price. Past performance is not an indication of future performance.

Trust Basics

Benchmark: n/a
Annual management charge: 0.85% of Net Assets
Performance fee: Yes
Ongoing charge: 1.37%
Dividend yield: 6.23%
Dividend frequency: Quarterly
Total assets: £98m
Gross gearing: 100%
Market capitalisation:Market cap.: £80m
Shares in issue: 10.33 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB00BD8P0741

Recent dividends paid or declared by Gabelli Merger Plus Trust plc:

Type Ex-div date Payment date Amount
3rd interim 16/04/2020 30/04/2020 12.00¢
2nd interim 16/01/2020 30/01/2020 12.00¢
1st interim 10/10/2019 25/10/2019 12.00¢
4th interim 11/07/2019 26/07/2019 12.00¢
3rd interim 11/04/2019 26/04/2019 12.00¢

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual Gabelli Merger Plus Trust plc dividends:

Financial
year end
Dividend
yield
Dividend
cover
Total dividend
paid
30/06/2019 5.60% -0.15 $0.48
30/06/2018 4.80% -0.06 $0.47

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

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Important Documents

There are no documents available for this stock.

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.

NET ASSET VALUE (NAV)

Estimated NAV: 953.00
Latest actual NAV: 732.89
Latest actual NAV date: 17 April 2020
Premium/Discount: -19.20%
12m average Premium/Discount: -11.10%
NAV frequency: Daily

Recent trade data is unavailable. We will be replacing it, however in the meantime the information is available on the London Stock Exchange website.

Security Weight
WellCare Health Plans Inc 5.93%
Allergan PLC 4.83%
Zayo Group Holdings Inc 4.71%
Cobham Plc Swap 4.55%
Cypress Semiconductor Corp 4.40%
Escrow Altegrity Inc 4.31%
WABCO Holdings Inc 4.18%
The Medicines Co 3.93%
United States Treasury Bills 3.87%
Tech Data Corp 3.85%
Sector Weight
Healthcare 24.67%
Technology 20.62%
Consumer Cyclical 12.98%
Industrials 6.51%
Communication Services 5.65%
Financial Services 4.23%
Basic Materials 3.80%
Utilities 3.62%
Energy 3.56%
Real Estate 0.67%
Country Weight
United States 76.93%
Ireland 4.83%
Canada 3.96%
Spain 1.06%
Czech Republic 0.26%
India 0.24%
Netherlands 0.03%

Key Dates

Launch date: 11 July 2017
Financial year end: June
Next AGM: July 2020
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.