Gabelli Enterprise Mergers and Acquisitions Fund Class A (EMAAX)

Fund Assets	61.29M
Expense Ratio	1.87%
Min. Investment	$1,000
Turnover	100.00%
Dividend (ttm)	0.59
Dividend Yield	3.12%
Dividend Growth	23.34%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	18.81
YTD Return	11.11%
1-Year Return	17.09%
5-Year Return	32.77%
52-Week Low	16.37
52-Week High	18.84
Beta (5Y)	0.57
Holdings	229
Inception Date	Feb 28, 2001

About EMAAX

Gabelli Enterprise Mergers and Acquisitions Fund Class A is a mutual fund designed to capture capital appreciation through event-driven investing, with a particular emphasis on merger arbitrage. The fund primarily targets equity securities of companies involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations, and other corporate reorganizations. Its strategy combines traditional risk arbitrage with select buy-and-hold positions in companies deemed likely takeover targets over the next 12 to 18 months. By seeking to benefit from price discrepancies—known as spreads—between a target company's current market price and its acquisition price, the fund navigates the unique risks and timelines inherent in these transactions. Managed since 2001 by Mario Gabelli, a seasoned industry veteran, the fund may also invest in foreign securities and companies of varying capitalizations, expanding its exposure to global corporate activity. As a non-diversified fund, it can concentrate its holdings to capitalize on compelling opportunities arising from strategic business events, playing a specialized role in the broader financial market by focusing on event-driven value creation.

• Fund Family: Gabelli
• Category: Event Driven
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: EMAAX
• Share Class: Class A
• Index: S&P 500 TR

Performance

EMAAX had a total return of 17.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.77%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
EMAYX	Class Y	1.00%
EAAAX	Class Aaa	1.87%
EMACX	Class C	2.62%

Top 10 Holdings

29.53% of assets

Name	Symbol	Weight
United States Treasury Bills 3.63793%	B.0 06.11.26	4.04%
Fox Corporation	FOX	4.04%
Myers Industries, Inc.	MYE	3.66%
United States Treasury Bills 3.64243%	B.0 07.16.26	3.53%
Vulcan Materials Company	VMC	3.06%
Telesat Corporation	TSAT	2.50%
Endesa, S.A.	ELE	2.42%
Alamos Gold Inc.	AGI	2.14%
United States Treasury Bills 3.64324%	B.0 06.18.26	2.08%
United States Treasury Bills 3.63389%	B.0 07.09.26	2.06%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.5872	Dec 29, 2025
Dec 27, 2024	$0.4761	Dec 27, 2024
Dec 27, 2023	$0.3314	Dec 27, 2023
Dec 28, 2022	$0.0883	Dec 28, 2022
Dec 27, 2019	$0.2753	Dec 27, 2019
Dec 27, 2018	$0.7169	Dec 27, 2018

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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