Gabelli Enterprise Mergers and Acquisitions Fund Class AAA (EAAAX)
| Fund Assets | 56.32M |
| Expense Ratio | 1.87% |
| Min. Investment | $1,000 |
| Turnover | 100.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 3.27% |
| Dividend Growth | 24.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 18.12 |
| YTD Return | 5.49% |
| 1-Year Return | 21.86% |
| 5-Year Return | 25.70% |
| 52-Week Low | 13.55 |
| 52-Week High | 18.31 |
| Beta (5Y) | n/a |
| Holdings | 228 |
| Inception Date | Feb 26, 2010 |
About EAAAX
Gabelli Enterprise Mergers and Acquisitions Fund Class AAA is a mutual fund specializing in event-driven investment strategies, with a primary focus on merger arbitrage. Its core objective is capital appreciation, achieved by investing in equity securities of companies engaged in publicly announced mergers, takeovers, leveraged buyouts, tender offers, spin-offs, and other significant corporate reorganizations. The fund employs a blend of traditional risk arbitrage techniques and a buy-and-hold approach for companies believed to be likely takeover targets within the next 12 to 18 months. By aiming to capture the price differential ('spread') between a security’s market price and its expected value upon deal completion, the fund seeks to profit from corporate events while managing the associated risks of deal uncertainty and timing. Managed by industry veteran Mario Gabelli since inception, the fund draws on the expertise of a large team of sector-focused analysts and is classified under the event-driven category, reflecting its low to moderate equity market sensitivity and emphasis on corporate-specific developments. It may also invest in foreign, small, and mid-cap stocks, and utilize derivatives to enhance its strategy.
Performance
EAAAX had a total return of 21.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.32%.
Top 10 Holdings
28.61% of assets| Name | Symbol | Weight |
|---|---|---|
| Fox Corporation | FOX | 4.90% |
| Vulcan Materials Company | VMC | 4.69% |
| Myers Industries, Inc. | MYE | 3.64% |
| Millicom International Cellular S.A. | TIGO | 2.53% |
| TEGNA Inc. | TGNA | 2.42% |
| Endesa, S.A. | ELE | 2.24% |
| Alamos Gold Inc. | AGI | 2.19% |
| TXNM Energy, Inc. | TXNM | 2.05% |
| Verint Systems Inc. | VRNT | 1.98% |
| United States Treasury Bills 3.80026% | B.0 01.29.26 | 1.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.5974 | Dec 29, 2025 |
| Dec 27, 2024 | $0.4815 | Dec 27, 2024 |
| Dec 27, 2023 | $0.3384 | Dec 27, 2023 |
| Dec 28, 2022 | $0.0901 | Dec 28, 2022 |
| Dec 27, 2019 | $0.2753 | Dec 27, 2019 |
| Dec 27, 2018 | $0.7554 | Dec 27, 2018 |