Gabelli Enterprise Mergers and Acquisitions Fund Class A (EMAAX)
| Fund Assets | 60.69M |
| Expense Ratio | 1.87% |
| Min. Investment | $1,000 |
| Turnover | 100.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 3.04% |
| Dividend Growth | 23.34% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 18.12 |
| YTD Return | 7.03% |
| 1-Year Return | 17.24% |
| 5-Year Return | 28.07% |
| 52-Week Low | 15.79 |
| 52-Week High | 18.44 |
| 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.
Performance
EMAAX had a total return of 17.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.64%.
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 |