Gabelli Enterprise Mergers and Acquisitions Fund Class Y (EMAYX)
| Fund Assets | 60.26M |
| Expense Ratio | 1.01% |
| Min. Investment | $500,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 3.88% |
| Dividend Growth | 44.54% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 17.01 |
| YTD Return | 7.25% |
| 1-Year Return | 12.52% |
| 5-Year Return | 36.77% |
| 52-Week Low | 15.09 |
| 52-Week High | 17.21 |
| Beta (5Y) | n/a |
| Holdings | 197 |
| Inception Date | Feb 28, 2001 |
About EMAYX
EMAYX was founded on 2001-02-28. The Fund's investment strategy focuses on Alt Event Driven with 1.33% total expense ratio. The minimum amount to invest in Gabelli 787 Fund, Inc: Gabelli Enterprise Mergers & Acquisitions Fund; Class Y Shares is $500,000 on a standard taxable account. Gabelli 787 Fund, Inc: Gabelli Enterprise Mergers & Acquisitions Fund; Class Y Shares seeks capital appreciation by purchasing shares of companies likely to be acquisition targets within 12 to 18 months. EMAYX will engage in classic arbitrage by investing in companies that are involved in publicly announced mergers, takeovers, tender offers, liquidations and other corporate reorganizations.
Performance
EMAYX had a total return of 12.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.53%.
Top 10 Holdings
29.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Fox Corporation | FOX | 5.03% |
| Vulcan Materials Company | VMC | 4.18% |
| Intra-Cellular Therapies Inc. | ITCI | 3.76% |
| United States Cellular Corporation | USM | 3.17% |
| Myers Industries, Inc. | MYE | 2.67% |
| Surmodics, Inc. | SRDX | 2.10% |
| TEGNA Inc. | TGNA | 2.05% |
| Millicom International Cellular S.A. | TIGO | 2.05% |
| TXNM Energy, Inc. | TXNM | 2.02% |
| Alamos Gold Inc. | AGI | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.6666 | Dec 27, 2024 |
| Dec 27, 2023 | $0.4612 | Dec 27, 2023 |
| Dec 28, 2022 | $0.1184 | Dec 28, 2022 |
| Dec 29, 2021 | $0.0555 | Dec 29, 2021 |
| Dec 29, 2020 | $0.0392 | Dec 29, 2020 |
| Dec 27, 2019 | $0.2753 | Dec 27, 2019 |