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Gabelli ABC Fund Class Advisor (GADVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.18
+0.05 (0.45%)
At close: Oct 15, 2026
Fund Assets424.63M
Expense Ratio1.287%
Min. Investment$10,000
Turnover134.00%
Dividend (ttm)0.28
Dividend Yield2.52%
Dividend Growth-21.15%
Payout FrequencyAnnual
Ex-Dividend DateDec 29, 2025
Previous Close11.13
YTD Return3.81%
1-Year Return5.11%
5-Year Return18.61%
52-Week Low10.77
52-Week High11.39
Beta (5Y)0.18
Holdings257
Inception DateMay 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.

Fund Family Gabelli
Category Event Driven
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol GADVX
Share Class Advisor Shares
Index ICE BofA US 3-Month Treasury Bill TR USD

Performance

GADVX had a total return of 5.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.33%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
GABCXClass Aaa1.02%

Top 10 Holdings

48.95% of assets
NameSymbolWeight
LENNAR CORP CL BLENB16.67%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 09/10/26B.0 09.10.2610.39%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 12/10/26B.0 12.10.265.27%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 10/08/26B.0 10.08.262.83%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 07/23/26B.0 07.23.262.74%
Chart Industries, Inc.GTLS2.37%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 07/30/26B.0 07.30.262.30%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - XIB 0 08/13/26B.0 08.13.262.28%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 08/06/26B.0 08.06.262.28%
TXNM Energy, Inc.TXNM1.82%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 29, 2025$0.4689Dec 29, 2025
Dec 27, 2024$0.4936Dec 27, 2024
Dec 27, 2023$0.3165Dec 27, 2023
Dec 28, 2022$0.1063Dec 28, 2022
Dec 29, 2021$0.0194Dec 29, 2021
Dec 29, 2020$0.0124Dec 29, 2020
Full Dividend History