X0303 4 2011-04-15 0 0001378701 GDL FUND GDL.B 0001185533 GABELLI MARIO J C/O GAMCO INVESTORS, INC ONE CORPORATE CENTER RYE NY 10580 1 0 1 1 Control Person of Adviser Series B Cumulative Puttable and Callable Preferred Shares 2011-04-15 4 X 0 85100 50 A 85100 I GAMCO Investors, Inc. Series B Cumulative Puttable and Callable Preferred Shares 2011-04-15 4 X 0 115000 50 A 115000 I GGCP, Inc. Series B Cumulative Puttable and Callable Preferred Shares 2011-04-15 4 X 0 425148 50 A 425148 D The reporting entity acquired the Series B preferred shares through the exercise of preferred share purchase rights acquired through a pro-rata distribution of such rights by the Issuer as of the record date of March 1, 2011. The shares reported reflect the total shares owned by GAMCO Investors, Inc. (GAMCO). Mario J. Gabelli is the Chairman, Chief Executive Officer, and controlling shareholder of GAMCO. Mr. Gabelli has less than a 100% interest in GAMCO and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest. The shares reported reflect the total shares owned by GGCP, Inc. (GGCP). Mario J. Gabelli is the Chief Executive Officer, a director, and the controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest. Douglas R. Jamieson as Attorney-in-Fact for Mario J. Gabelli 2011-04-15