Gabelli Asset Fund Class I (GABIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
48.85
-0.13 (-0.27%)
Jul 31, 2025, 4:00 PM EDT
-0.27%
Fund Assets1.56B
Expense Ratio1.13%
Min. Investment$500,000
Turnover5.00%
Dividend (ttm)7.19
Dividend Yield14.68%
Dividend Growth78.32%
Payout FrequencyAnnual
Ex-Dividend Daten/a
Previous Close48.98
YTD Return8.03%
1-Year Return-5.86%
5-Year Return42.92%
52-Week Low40.92
52-Week High55.73
Beta (5Y)n/a
Holdings505
Inception DateJan 11, 2008

About GABIX

Gabelli Asset Fund Class I is a diversified, open-end mutual fund managed by Gabelli Funds, designed with a primary objective of capital growth and a secondary goal of generating current income. The fund primarily invests in common and preferred stocks, focusing on companies that appear undervalued relative to their private market value—a metric defined as the price a strategic buyer might pay for the entire business. Employing a disciplined investment strategy, the fund utilizes a "Private Market Value with a Catalyst™" approach to identify stocks that not only trade below their intrinsic value, but also have identifiable strategic events—such as buyouts or management changes—that could unlock this value. Diversification across sectors and market capitalizations is a core feature, with significant allocations to industries such as industrials, consumer staples, and financials. Managed by an experienced investment team led by Mario Gabelli, the fund seeks to provide broad exposure to undervalued opportunities within the U.S. and, selectively, international markets, making it a notable player in the large blend category of mutual funds.

Fund Family Gabelli
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol GABIX
Share Class Class I
Index S&P 500 TR

Performance

GABIX had a total return of -5.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.14%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
GABAXClass Aaa1.38%
GATAXClass A1.38%
GATCXClass C2.13%

Top 10 Holdings

21.90% of assets
NameSymbolWeight
AMETEK, Inc.AME3.14%
Sony Group CorporationSONY3.05%
Berkshire Hathaway IncBRKA2.60%
Deere & CompanyDE2.42%
Republic Services, Inc.RSG2.27%
Caterpillar Inc.CAT1.88%
The Bank of New York Mellon CorporationBK1.79%
Mastercard IncorporatedMA1.75%
American Express CompanyAXP1.51%
Madison Square Garden Sports Corp.MSGS1.48%

Dividend History

Ex-DividendAmountPay Date
Dec 27, 2024$7.1915Dec 27, 2024
Dec 27, 2023$4.0329Dec 27, 2023
Dec 28, 2022$4.9145Dec 28, 2022
Dec 29, 2021$0.3559Dec 29, 2021
Dec 29, 2020$7.2297Dec 29, 2020
Dec 27, 2019$5.6727Dec 27, 2019