Gabelli ABC Fund Class I (GABCX)
| Fund Assets | 424.73M |
| Expense Ratio | 0.85% |
| Min. Investment | $10,000 |
| Turnover | 134.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 4.51% |
| Dividend Growth | -4.33% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 11.09 |
| YTD Return | 2.21% |
| 1-Year Return | 7.81% |
| 5-Year Return | 18.79% |
| 52-Week Low | 10.43 |
| 52-Week High | 11.47 |
| Beta (5Y) | n/a |
| Holdings | 292 |
| Inception Date | May 14, 1993 |
About GABCX
Gabelli ABC Fund Class AAA is a mutual fund designed to deliver attractive total returns in varying market environments while maintaining a conservative risk profile. The fund specializes in event-driven investment strategies, primarily merger arbitrage, by targeting securities involved in announced mergers, spin-offs, liquidations, and other corporate reorganizations. Its approach seeks to capitalize on the "spread" between the market price and the expected value post-transaction completion, aiming for consistent returns even during broader market volatility. In addition to event-driven positions, the fund includes holdings in value-oriented common stocks, convertible securities, and significant allocations to U.S. Treasury Bills, reflecting an emphasis on capital preservation and income generation. With over 230 holdings, its portfolio is non-diversified and may have higher exposure to specific issuers or sectors. Managed by Gabelli Funds since 1993, the fund plays a niche role in the market by offering investors access to sophisticated merger arbitrage and special situations, appealing to those seeking portfolio stability and an alternative to traditional equity or fixed-income investments.
Performance
GABCX had a total return of 7.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.63%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GADVX | Advisor Shares | 1.10% |
Top 10 Holdings
65.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Lennar Corporation | LEN.B | 21.29% |
| United States Treasury Bills 3.56958% | B.0 03.12.26 | 11.81% |
| United States Treasury Bills 4.00378% | B.0 01.22.26 | 10.38% |
| United States Treasury Bills 3.729% | B.0 04.23.26 | 3.74% |
| United States Treasury Bills 3.64599% | B.0 06.11.26 | 3.67% |
| United States Treasury Bills 3.78611% | B.0 04.02.26 | 3.61% |
| Millrose Properties, Inc. | MRP | 3.38% |
| Confluent, Inc. | CFLT | 2.75% |
| United States Treasury Bills 3.87747% | B.0 01.15.26 | 2.54% |
| Usd/Eur Fwd 20260130 997 | n/a | 2.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.5011 | Dec 29, 2025 |
| Dec 27, 2024 | $0.5238 | Dec 27, 2024 |
| Dec 27, 2023 | $0.3499 | Dec 27, 2023 |
| Dec 28, 2022 | $0.1393 | Dec 28, 2022 |
| Dec 29, 2021 | $0.0467 | Dec 29, 2021 |
| Dec 29, 2020 | $0.046 | Dec 29, 2020 |