Gabelli Asset Fund Class AAA (GABAX)
| Fund Assets | 1.54B |
| Expense Ratio | 1.38% |
| Min. Investment | $1,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 7.01 |
| Dividend Yield | 14.50% |
| Dividend Growth | 79.78% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 48.35 |
| YTD Return | 6.66% |
| 1-Year Return | -1.78% |
| 5-Year Return | 51.91% |
| 52-Week Low | 41.15 |
| 52-Week High | 55.85 |
| Beta (5Y) | 0.93 |
| Holdings | 505 |
| Inception Date | Feb 28, 1986 |
About GABAX
The investment seeks growth of capital; its secondary goal is to provide current income. The fund will primarily invest in common stocks and preferred stocks. In making stock selections, the fund strives to earn a 10% real rate of return. It focuses on companies that appear underpriced relative to their private market value ("PMV"). The fund normally invests at least 80% of its assets in stocks that are listed on a recognized securities exchange or similar market. It may invest up to 25% of its total assets in securities of non-U.S. issuers.
Performance
GABAX had a total return of -1.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.12%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDGTX | Fidelity | Fidelity Advisor Dividend Growth Fund - Class M | 1.34% |
| FDGIX | Fidelity | Fidelity Advisor Dividend Growth Fund - Class I | 0.85% |
| FMILX | Fidelity | Fidelity New Millennium Fund | 0.76% |
| FDGKX | Fidelity | Fidelity Dividend Growth Fund - Class K | 0.49% |
| FZADX | Fidelity | Fidelity Advisor Dividend Growth Fund - Class Z | 0.71% |
Top 10 Holdings
21.90% of assets| Name | Symbol | Weight |
|---|---|---|
| AMETEK, Inc. | AME | 3.14% |
| Sony Group Corporation | SONY | 3.05% |
| Berkshire Hathaway Inc | BRKA | 2.60% |
| Deere & Company | DE | 2.42% |
| Republic Services, Inc. | RSG | 2.27% |
| Caterpillar Inc. | CAT | 1.88% |
| The Bank of New York Mellon Corporation | BK | 1.79% |
| Mastercard Incorporated | MA | 1.75% |
| American Express Company | AXP | 1.51% |
| Madison Square Garden Sports Corp. | MSGS | 1.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $7.0126 | Dec 27, 2024 |
| Dec 27, 2023 | $3.9006 | Dec 27, 2023 |
| Dec 28, 2022 | $4.7795 | Dec 28, 2022 |
| Dec 29, 2021 | $0.1938 | Dec 29, 2021 |
| Dec 29, 2020 | $7.091 | Dec 29, 2020 |
| Dec 27, 2019 | $5.5246 | Dec 27, 2019 |