# EDGAR Filing Document

**Accession Number:** 0001378701
**File Stem:** 0000807249-23-000014
**Filing Date:** 2023-2
**Character Count:** 12497
**Document Hash:** f44f6e14788943dac2da4c0d89e6d6ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000807249-23-000014.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0000807249-23-000014

**CONFORMED SUBMISSION TYPE**: SC 13G

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GDL FUND
- **CENTRAL INDEX KEY:** 0001378701
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-82419
- **FILM NUMBER:** 23606316

**BUSINESS ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 914-921-5100

**MAIL ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Gabelli Global Deal Fund
- **DATE OF NAME CHANGE:** 20061019
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pitaro Regina M.
- **CENTRAL INDEX KEY:** 0001684702

**FILING VALUES:**
- **FORM TYPE:** SC 13G

**MAIL ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

#### SCHEDULE 13G

#### Under the Securities Exchange Act of 1934\*

<u>The GDL Fund</u>

(Name of Issuer)

<u>Series C & Series E Preferred Shares ("Preferred Shares")</u>

(Title of Class of Securities)

<u>361570401 & 361570500</u>

(CUSIP Number)

<u>December 31, 2022</u>

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[ ] Rule 13d-1(d)

\*The remainder of this cover page shall be filled out for the reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

#### CUSIP No. 361570401 & 361570500

---

| | | | |
|:---|:---|:---|:---|
| **1** | **Names of reporting persons**<br> **I.R.S. identification nos. of above persons (entities only)**<br>**Regina Pitaro** | **Names of reporting persons**<br> **I.R.S. identification nos. of above persons (entities only)**<br>**Regina Pitaro** | **Names of reporting persons**<br> **I.R.S. identification nos. of above persons (entities only)**<br>**Regina Pitaro** |
| <br>**2** | **Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a)** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) X | **Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a)** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) X | **Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a)** <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) X |
| **3** | **Sec use only** | **Sec use only** | **Sec use only** |
| **4** | **Citizenship or place of organization**<br> **&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts** | **Citizenship or place of organization**<br> **&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts** | **Citizenship or place of organization**<br> **&nbsp;&nbsp;&nbsp;&nbsp;Massachusetts** |
| **Number Of**<br>**Shares**<br>**Beneficially**<br>**Owned**<br>**By Each**<br>**Reporting**<br>**Person**<br>**With** | **Number Of**<br>**Shares**<br>**Beneficially**<br>**Owned**<br>**By Each**<br>**Reporting**<br>**Person**<br>**With** | **: 5**<br> **:**<br> **:**<br> **:** | **Sole voting power**<br>**392,500** |
| **Number Of**<br>**Shares**<br>**Beneficially**<br>**Owned**<br>**By Each**<br>**Reporting**<br>**Person**<br>**With** | **Number Of**<br>**Shares**<br>**Beneficially**<br>**Owned**<br>**By Each**<br>**Reporting**<br>**Person**<br>**With** | **: 6**<br> **:**<br> **:**<br> **:** | **Shared voting power**<br>**None** |
| **Number Of**<br>**Shares**<br>**Beneficially**<br>**Owned**<br>**By Each**<br>**Reporting**<br>**Person**<br>**With** | **Number Of**<br>**Shares**<br>**Beneficially**<br>**Owned**<br>**By Each**<br>**Reporting**<br>**Person**<br>**With** | **: 7**<br> **:**<br> **:**<br> **:** | **Sole dispositive power**<br>**392,500** |
| **Number Of**<br>**Shares**<br>**Beneficially**<br>**Owned**<br>**By Each**<br>**Reporting**<br>**Person**<br>**With** | **Number Of**<br>**Shares**<br>**Beneficially**<br>**Owned**<br>**By Each**<br>**Reporting**<br>**Person**<br>**With** | **:8**<br> **:**<br> **:**<br> **:** | **Shared dispositive power**<br>**None** |
| **9**<br>| **Aggregate amount beneficially owned by each reporting person**<br>**392,500** | **Aggregate amount beneficially owned by each reporting person**<br>**392,500** | **Aggregate amount beneficially owned by each reporting person**<br>**392,500** |
| **10**<br>| **Check box if the aggregate amount in row (9) excludes certain shares**<br> **(SEE INSTRUCTIONS)** | **Check box if the aggregate amount in row (9) excludes certain shares**<br> **(SEE INSTRUCTIONS)** | **Check box if the aggregate amount in row (9) excludes certain shares**<br> **(SEE INSTRUCTIONS)** |
| **11**<br>| **Percent of class represented by amount in row (9)**<br>**9.41%** | **Percent of class represented by amount in row (9)**<br>**9.41%** | **Percent of class represented by amount in row (9)**<br>**9.41%** |
| **12**<br>| **Type of reporting person (SEE INSTRUCTIONS)** <br> **&nbsp;&nbsp;&nbsp;&nbsp;IV** | **Type of reporting person (SEE INSTRUCTIONS)** <br> **&nbsp;&nbsp;&nbsp;&nbsp;IV** | **Type of reporting person (SEE INSTRUCTIONS)** <br> **&nbsp;&nbsp;&nbsp;&nbsp;IV** |

---

#### <br>

------

#### Item 1(a). Name of Issuer

#### <br>
The GDL Fund

#### Item 1(b). Address of Issuer's Principal Executive Offices

One Corporate Center

Rye, NY 10580-1422

#### Item 2(a). Name of Person Filing

#### <br>
Regina Pitaro (the "Reporting Person")

#### Item 2(b). Address of Principal Business Offices

#### <br>
One Corporate Center, Rye, N.Y. 10580

#### Item 2(c). Citizenship

#### <br>
United States

#### Item 2(d). Title of Class of Securities

#### <br>
Series C and Series E Preferred Shares

#### Item 2(e). CUSIP No.

#### <br>
**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** 361570401 & 361570500

#### Item 3.
<br> If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. [ ] Broker or dealer registered under Section 15 of the Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. [ ] Bank as defined in Section 3(a)(6) of the Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. [ ] Insurance company as defined in Section 3(a)(19) of the Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. [ ] Investment company registered under Section 8 of the Investment Company Act of 1940;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. [ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____

#### <br>

#### Item 4. Ownership

The aggregate number of Securities to which this Schedule 13G relates is 392,500 Preferred Shares, representing 9.41% of the 4,168,932 Preferred Shares outstanding as reported by the Issuer.

The Reporting Person exercises in its sole discretion the entire voting power with respect to all shares of the Issuer held and to be held by the Reporting Person.

#### Item 5. Ownership of Five Percent or Less of a Class

#### <br>
Not applicable.

#### Item 6. Ownership of More than 5 Percent on Behalf of Another Person

Not applicable.

#### Item 7. Identification and Classification of the Subsidiary Which Acquired the Security

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Being Reported on by the Parent Holding Company or Control Person

Not applicable.

#### Item 8. Identification and Classification of Members of the Group

Not applicable.

#### Item 9. Notice of Dissolution of Group.

Not applicable.

#### Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

------

#### Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 9, 2023

By:<u>/s/ Regina Pitaro</u> 

&nbsp;&nbsp;&nbsp;&nbsp; Regina Pitaro

<br>