Gabelli Enterprise Mergers and Acquisitions Fund Class A (EMAAX)

Fund Assets	62.48M
Expense Ratio	1.936%
Min. Investment	$1,000
Turnover	100.00%
Dividend (ttm)	0.20
Dividend Yield	1.10%
Dividend Growth	98.33%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	18.05
YTD Return	7.68%
1-Year Return	13.61%
5-Year Return	28.61%
52-Week Low	16.52
52-Week High	18.86
Beta (5Y)	0.57
Holdings	223
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 13.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.62%.

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

31.07% of assets

Name	Symbol	Weight
Myers Industries, Inc.	MYE	6.12%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 07/16/26	B.0 07.16.26	3.46%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 08/06/26	B.0 08.06.26	3.43%
Fox Corporation	FOX	3.24%
Vulcan Materials Company	VMC	2.92%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 09/10/26	B.0 09.10.26	2.67%
Telesat Corporation	TSAT	2.52%
Elemental Royalty Corporation	ELE	2.40%
Chart Industries, Inc.	GTLS	2.29%
Atlanta Braves Holdings, Inc.	BATRA	2.01%

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:

Oct 16, 2026

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