Gabelli Global Content & Connect AAA (GABTX)
| Fund Assets | 77.83M |
| Expense Ratio | 0.91% |
| Min. Investment | $1,000 |
| Turnover | 4.00% |
| Dividend (ttm) | 1.44 |
| Dividend Yield | 5.34% |
| Dividend Growth | 2,306.68% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 26.99 |
| YTD Return | 26.13% |
| 1-Year Return | 25.14% |
| 5-Year Return | 54.28% |
| 52-Week Low | 20.21 |
| 52-Week High | 27.08 |
| Beta (5Y) | n/a |
| Holdings | 47 |
| Inception Date | Nov 1, 1993 |
About GABTX
The Gabelli Global Content & Connectivity Fund Class AAA is an open-ended mutual fund with a primary objective of capital appreciation and a secondary goal of current income. It invests predominantly in common stocks of companies operating within the telecommunications, media, and information technology sectors across both U.S. and global markets. This fund is notable for its commitment to allocating at least 25% of its assets to the telecommunications sector, reflecting its focus on industries that are crucial to digital connectivity and content growth. Investment targets span a range of company sizes—from small to large capitalization—and include both domestic and international issuers, with a requirement to invest at least 40% of assets in non-U.S. securities, making it a truly global fund. The fund seeks out companies with strong prospects for revenue and earnings growth or those considered undervalued, placing special emphasis on innovation and technological advancement. Areas of particular interest include AI integration, cloud computing, the Internet of Things, cybersecurity, digital media, e-commerce, and related technologies. In doing so, the fund plays a significant role in capturing opportunities driven by the ongoing evolution of global communications and digital content ecosystems, making it a key participant in sectors experiencing dynamic technological disruption and growth.
Performance
GABTX had a total return of 25.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.13%.
Top 10 Holdings
55.73% of assets| Name | Symbol | Weight |
|---|---|---|
| SoftBank Group Corp | 9984 | 7.58% |
| T-Mobile US, Inc. | TMUS | 7.52% |
| Meta Platforms, Inc. | META | 7.25% |
| Prosus NV | PRX | 6.28% |
| Alphabet Inc. | GOOG | 5.73% |
| DTE Energy Company | DTE | 5.63% |
| Millicom International Cellular S.A. | TIGO | 4.21% |
| Microsoft Corporation | MSFT | 4.19% |
| Telephone and Data Systems, Inc. | TDS | 3.75% |
| United States Cellular Corp | USM | 3.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $1.4416 | Dec 27, 2024 |
| Dec 27, 2023 | $0.0599 | Dec 27, 2023 |
| Dec 28, 2022 | $0.348 | Dec 28, 2022 |
| Dec 29, 2021 | $0.6183 | Dec 29, 2021 |
| Dec 29, 2020 | $1.2829 | Dec 29, 2020 |
| Dec 27, 2019 | $1.2667 | Dec 27, 2019 |