Nigerian Mutual Funds/GDL Income Fund
Fixed Income / Bond FundsSEC mutual fund figures updated 2026-05-22

GDL Income Fund

Managed by Growth & Development Asset Management Limited

A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.

Net asset value
NGN 23.69M
Overall rank#198 of 199
Fund type rank#42 of 42
Week-to-date yield
0.22%
Week-to-date
Year-to-date yield
-0.77%
Year-to-date
Unitholders
744
Investor count
Fund share
0%
Share of total fund NAV
Fund profile

How to read GDL Income Fund

GDL Income Fund is a fixed income / bond funds managed by Growth & Development Asset Management Limited. It holds NGN 23.69M in net assets, ranking #198 out of 199 mutual funds and #42 out of 42 similar funds.

Fixed income funds are usually compared through portfolio scale, yield, and return because they tend to hold bonds, treasury bills, and similar income-producing securities.

Currently, GDL Income Fund's reported year-to-date yield is -0.77% and its reported week-to-date yield is 0.22%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.22% in one week or delivered a cumulative -0.77% investor return year to date.

The bid price is NGN 0.72 and the offer price is NGN 0.72, leaving a spread of NGN 0.00. A wider spread can matter for entry and exit pricing, so it should be checked against the manager's current dealing terms.

744 unitholders is useful context, but it should be read with NAV because a smaller holder count can still represent meaningful institutional or high-ticket participation. The fund accounts for 0% of total fund NAV and 0.01% of funds with the same type.

Price Details

Bid price
NGN 0.72
Offer price
NGN 0.72
Spread
NGN 0.00
USD NAV
N/A
USD bid
N/A
USD offer
N/A

Compared With Similar Funds

How this fund compares with other fixed income / bond funds.

Similar funds NAV
NGN 445.00B
Share of similar funds
0.01%
Share of this type
0.01%

Similar Funds

Other fixed income / bond funds ordered by NAV.

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Educational use only. This is not investment advice. Check the fund manager's latest factsheet, fees, minimum investment, redemption terms, and current price before making any investment decision.