Gabelli ABC Fund Class I (GABCX)
| Fund Assets | 417.72M |
| Expense Ratio | 0.85% |
| Min. Investment | $10,000 |
| Turnover | 155.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 4.47% |
| Dividend Growth | -4.33% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 11.13 |
| YTD Return | 3.04% |
| 1-Year Return | 8.06% |
| 5-Year Return | 21.38% |
| 52-Week Low | 9.97 |
| 52-Week High | 11.20 |
| Beta (5Y) | n/a |
| Holdings | 272 |
| 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 8.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.21%.
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
57.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Lennar Corp | LENB | 21.82% |
| United States Treasury Bill | B.0 10.23.25 | 7.13% |
| United States Treasury Bill | B.0 12.04.25 | 4.35% |
| United States Treasury Bill | B.0 10.16.25 | 4.32% |
| United States Treasury Bill | B.0 01.22.26 | 3.92% |
| United States Treasury Bill | B.0 12.11.25 | 3.83% |
| United States Treasury Bill | B.0 10.09.25 | 3.62% |
| Millrose Properties, Inc. | MRP | 3.09% |
| United States Treasury Bill | B.0 04.02.26 | 2.89% |
| United States Treasury Bill | B.0 11.20.25 | 2.89% |
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 |