Gabelli Asset Fund Class I (GABIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
48.29
+0.18 (0.37%)
Jun 27, 2025, 4:00 PM EDT
-1.97%
Fund Assets 1.54B
Expense Ratio 1.13%
Min. Investment $500,000
Turnover 5.00%
Dividend (ttm) 7.19
Dividend Yield 14.95%
Dividend Growth 78.32%
Payout Frequency Annual
Ex-Dividend Date n/a
Previous Close 48.11
YTD Return 6.79%
1-Year Return -1.97%
5-Year Return 53.18%
52-Week Low 40.92
52-Week High 55.73
Beta (5Y) n/a
Holdings 505
Inception Date Jan 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 -1.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.10%.

Other Share Classes

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

Symbol Share Class Expense Ratio
GABAX Class Aaa 1.38%
GATAX Class A 1.38%
GATCX Class C 2.13%

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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 27, 2024 $7.1915 Dec 27, 2024
Dec 27, 2023 $4.0329 Dec 27, 2023
Dec 28, 2022 $4.9145 Dec 28, 2022
Dec 29, 2021 $0.3559 Dec 29, 2021
Dec 29, 2020 $7.2297 Dec 29, 2020
Dec 27, 2019 $5.6727 Dec 27, 2019
Full Dividend History