Gabelli Asset Fund Class I (GABIX)
| Fund Assets | 1.71B |
| Expense Ratio | 1.13% |
| Min. Investment | $500,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 5.93 |
| Dividend Yield | 12.44% |
| Dividend Growth | -17.57% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 47.66 |
| YTD Return | 2.45% |
| 1-Year Return | 18.34% |
| 5-Year Return | 22.71% |
| 52-Week Low | 40.92 |
| 52-Week High | 53.64 |
| Beta (5Y) | n/a |
| Holdings | 555 |
| 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.
Performance
GABIX had a total return of 18.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.55%.
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 | $5.9279 | Dec 29, 2025 |
| 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 |