Overview
Gabelli Merger Plus+ : GMP seeks 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.
Gabelli Merger Plus+ will seek to meet its investment objective by utilizing the Gabelli Private Market Value (PMV) with a Catalyst, investment methodology, maintaining a diversified portfolio of catalyst event merger arbitrage strategies to seek to create an optimal risk/reward profile for the portfolio. “Catalyst Event Driven Merger Arbitrage” is a highly specialised active investment approach designed principally to profit from the differences between the public market price and the price achieved through corporate catalyst events. Catalysts are utilised to earn returns independent of the broad markets’ direction. This includes corporate events such as announced mergers, acquisitions, takeovers, tender offers, leveraged buyouts, restructurings, demergers and other types of reorganisations and corporate actions (“deals”).
You can access the company’s website here
Fundamentals
Price
Research History
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03 Nov 2022 8 min read
QuotedData’s Investment Companies Roundup – November 2022
Investment Companies Monthly Roundup Kindly sponsored by Baillie Gifford and abrdn November 2022 Monthly | Investment companies Winners and losers in October 2022 Many equity markets recovered some of the ground lost in September. The swift departure of Liz Truss and her unfunded tax cuts helped the UK stock market and sterling. North America […]
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10 Aug 2020 7 min read
QuotedData’s Investment Companies Roundup – August 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research Performance data Discounts and premiums Money in and out Major news stories Income Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over July: Seneca Global Income & Growth – […]
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12 Nov 2019 1 min read
QuotedData’s economic roundup – November 2019
Economic & Political Roundup
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13 Nov 2018 1 min read
QuotedData’s economic roundup – November 2018
QuotedData’s economic roundup – November 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any […]
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18 Jan 2018 1 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
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19 Oct 2017 1 min read
Quarterly investment companies roundup – Third quarter 2017
Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]
News
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07 Apr 2025 1 min read
QuotedData’s morning briefing 7 April 2025 – GMP, LMP
In QuotedData’s morning briefing 7 April 2025: [QD comment: Although GMP’s announcement makes no mention of it, we note that the name change also reflects the fact that GMP is no longer an investment trust.] We also have: Stories you may have missed from Friday
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28 Mar 2025 3 min read
QuotedData’s morning briefing 28 March 2025 – BGFD, GMP, MVI
In QuotedData’s morning briefing 28 March 2025: Baillie Gifford Japan Trust (BGFD) has reported its unaudited interim results for the six months to 28 February 2025. During the period, the trust delivered a net asset value (NAV) total return of 1.5%, while the share price total return came in at 2.9%, both comfortably ahead of […]
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30 Oct 2024 2 min read
Gabelli Merger Plus+ announces annual results for 2024
Gabelli Merger Plus (GMP) announced its annual results for the 12 months to 30 June 2024. The company generated a NAV total return of 3.14% for the period while the share price total return was 5.4%, narrowing the discount to 10.4% The company also declared and paid three quarterly interim dividends totalling $0.48. Discussing the […]
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20 Oct 2023 5 min read
Gabelli Merger Plus+ announces annual results
Gabelli Merger Plus+ (GMP) has published its annual results for the year ended 30 June 2023, during which it provided NAV and share price total returns of 10.54% and 1.33% respectively (in US dollar terms). It compares itself primarily against the US 3-month treasury bill index, which returned 3.80% although given the radically different risk […]
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10 Feb 2023 1 min read
QuotedData’s morning briefing 10 February 2023
In QuotedData’s morning briefing 10 February 2023: JLEN Environmental Assets Group (JLEN) says that Nadia Sood has been appointed to its board as a non-executive director with effect from 10 February 2023. The announcement says that Nadia brings extensive experience of executing and managing complex infrastructure investments ranging in size across multiple international markets. She […]
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04 Jan 2023 1 min read
QuotedData’s morning briefing 4 January 2023
In QuotedData’s morning briefing 4 January 2023: On 30 December 2022 Alvarium RE Limited entered into an agreement to sell Alvarium Home REIT Advisors Limited (AHRA), the investment advisor to Home REIT (HOME), to a newly formed entity owned by the management of AHRA funded by way of a promissory note. These arrangements were made […]
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26 Oct 2022 1 min read
QuotedData’s morning briefing 26 October 2022
In QuotedData’s morning briefing 26 October 2022: Oakley Capital Investments (OCI) generated a 4% return on NAV over the quarter ended 30 September 2022 as its underlying portfolio of tech-enabled companies continued to deliver earnings growth. New investments of £46m included the acquisition of vLex, an additional investment in Grupo Primavera, and supporting TechInsights’ acquisition […]
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20 Oct 2022 1 min read
QuotedData’s morning briefing 20 October 2022
In QuotedData’s morning briefing 20 October 2022: Riverstone Credit Opportunities (RCOI) says that its NAV rose by 7% over the third quarter of 2022, hitting $1.10. The major driver was Seawolf Water Resources but the fund also realised its investment in FS Crude LLC, crystallising a 14.8% gross IRR and a 1.23x gross MOIC; Circulus Holdings […]
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24 Mar 2022 1 min read
QuotedData’s morning briefing 24 March 2022
In QuotedData’s morning briefing 24 March 2022: Starwood European Real Estate Finance (SWEF) generated an NAV return of 6.6% for the year ended 31 December 2021 and paid a reduced dividend of 5.5p (down from 6.5p). Subject to the discount triggered realisation mechanism not being activated, the directors will put forward a realisation vote no […]
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18 Oct 2021 1 min read
QuotedData’s morning briefing 18 October 2021
In QuotedData’s morning briefing 18 October 2021: LondonMetric Property has bought two last mile logistics assets in Fulham and Tottenham for a combined purchase price of £20.2m. The assets total 44,000 sq ft and have been acquired with vacant possession in two separate transactions. LondonMetric will refurbish both properties at a cost of £1.4m which, once […]
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08 Oct 2020 1 min read
QuotedData’s morning briefing 8 October 2020
In QuotedData’s morning briefing 8 October 2020: Schroder UK Public Private Trust (formerly Woodford Patient Capital) acknowledges the potential uplift to its NAV to come from the merger of Seedrs and Crowdcube. Like Augmentum, Schroder UK Public Private is an investor in Seedrs. Hg Capital Trust has secured a £200m multicurrency revolving credit facility. this boosts available […]
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24 Oct 2019 1 min read
QuotedData’s other news 24 October 2019
In QuotedData’s other news 24 October 2019 Gabelli Merger Plus reported a return of 3.7% on NAV but, after discount widening, a return to shareholders of -6.5% for the year ended 30 June 2019. The best index comparisons are probably the S&P Merger Arbitrage Index which returned 8.33%, and the CS Merger Arbitrage Liquid Index, up […]
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09 Oct 2018 3 min read
Gabelli Merger Plus yet to shine
Gabelli Merger Plus yet to shine – The Gabelli Merger Plus+ Trust has published its first annual report, covering the period from its listing on 19 July 2017 to 30 June 2018. Over this period the fund generated a return on NAV of 2.78%, ahead of the return on 3-month treasury bills (which it uses as a […]
