Gabelli Asset Fund Class AAA (GABAX)
| Fund Assets | 1.71B |
| Expense Ratio | 1.38% |
| Min. Investment | $1,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 5.82 |
| Dividend Yield | 12.14% |
| Dividend Growth | -17.03% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 48.47 |
| YTD Return | 2.39% |
| 1-Year Return | 17.80% |
| 5-Year Return | 20.45% |
| 52-Week Low | 41.15 |
| 52-Week High | 53.85 |
| Beta (5Y) | 0.92 |
| Holdings | 555 |
| Inception Date | Mar 3, 1986 |
About GABAX
The Gabelli Asset Fund Class AAA is a diversified, open-end mutual fund primarily focused on long-term capital growth, with current income as a secondary goal. The fund stands out for its value-driven investment approach, targeting companies that appear underpriced relative to their private market value—an estimate of what a strategic buyer might pay for the entire company. Portfolio managers employ a disciplined, multi-cap strategy, seeking out unrecognized or undervalued opportunities across a broad spectrum of industries, from industrials and financial services to technology and consumer staples. This allows the fund to provide exposure to a wide range of economic sectors while aiming to identify and unlock value through catalysts such as buyouts or management changes. With an experienced management team led by industry veteran Mario Gabelli, the fund leverages over 100 years of collective expertise to navigate various market conditions. As a large blend fund, it is positioned to participate in the overall U.S. equity market’s growth, targeting companies of diverse sizes but with a particular emphasis on those trading below their assessed underlying worth. The Gabelli Asset Fund Class AAA is recognized for its longstanding presence and its role in offering investors a value-oriented, diversified approach to equity investing.
Performance
GABAX had a total return of 17.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.23%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
22.46% of assets| Name | Symbol | Weight |
|---|---|---|
| AMETEK, Inc. | AME | 3.52% |
| Caterpillar Inc. | CAT | 2.86% |
| Sony Group Corporation | SONY | 2.44% |
| Berkshire Hathaway Inc. | BRK.A | 2.24% |
| Newmont Corporation | NEM | 2.17% |
| Deere & Company | DE | 2.07% |
| The Bank of New York Mellon Corporation | BK | 1.88% |
| American Express Company | AXP | 1.82% |
| Madison Square Garden Sports Corp. | MSGS | 1.76% |
| Republic Services, Inc. | RSG | 1.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $5.8185 | Dec 29, 2025 |
| 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 |