Gabelli ABC Fund Class Advisor (GADVX)
| Fund Assets | 417.72M |
| Expense Ratio | 1.10% |
| Min. Investment | $10,000 |
| Turnover | 155.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.23% |
| Dividend Growth | -5.00% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 11.02 |
| YTD Return | 2.97% |
| 1-Year Return | 7.84% |
| 5-Year Return | 19.75% |
| 52-Week Low | 9.89 |
| 52-Week High | 11.09 |
| Beta (5Y) | 0.16 |
| Holdings | 272 |
| Inception Date | May 1, 2007 |
About GADVX
Gabelli ABC Fund Advisor Class is an event-driven mutual fund that specializes in capturing arbitrage opportunities, particularly surrounding announced mergers, acquisitions, spin-offs, and asset reorganizations. The fund’s primary objective is to achieve attractive total returns for investors in a variety of market conditions while actively managing risk and minimizing the risk of capital loss. Its strategy involves exploiting the price discrepancy, or “spread,” between a security’s current market price and its anticipated value upon completion of corporate actions, reflecting both risk and the forecasted timing of deal closure. The fund also invests in value-oriented common stocks, convertible securities associated with relevant transactions, and U.S. Treasury bills for capital preservation and liquidity. Gabelli ABC Fund Advisor Class is categorized within the event-driven strategies segment, a niche that generally maintains lower sensitivity to broad equity market movements. With a focus on thorough, independent research and dynamic portfolio management, the fund plays a significant role for investors seeking exposure to corporate event arbitrage and market-neutral return strategies in the broader asset management landscape.
Performance
GADVX had a total return of 7.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.32%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GABCX | Class Aaa | 0.85% |
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 | $0.4689 | Dec 29, 2025 |
| Dec 27, 2024 | $0.4936 | Dec 27, 2024 |
| Dec 27, 2023 | $0.3165 | Dec 27, 2023 |
| Dec 28, 2022 | $0.1063 | Dec 28, 2022 |
| Dec 29, 2021 | $0.0194 | Dec 29, 2021 |
| Dec 29, 2020 | $0.0124 | Dec 29, 2020 |