Gabelli ABC Fund Class Advisor (GADVX)
| Fund Assets | 425.65M |
| Expense Ratio | 1.27% |
| Min. Investment | $10,000 |
| Turnover | 134.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.21% |
| Dividend Growth | -5.00% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 11.14 |
| YTD Return | 2.97% |
| 1-Year Return | 5.97% |
| 5-Year Return | 17.65% |
| 52-Week Low | 10.77 |
| 52-Week High | 11.34 |
| Beta (5Y) | 0.17 |
| Holdings | 262 |
| 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 5.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.32%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GABCX | Class Aaa | 1.02% |
Top 10 Holdings
58.11% of assets| Name | Symbol | Weight |
|---|---|---|
| Lennar Corp. CL B | LENB | 16.17% |
| United States Treasury Bills - B 0 06/11/26 | B.0 06.11.26 | 9.43% |
| United States Treasury Bills - B 0 04/09/26 | B.0 04.09.26 | 6.80% |
| United States Treasury Bills - B 0 09/10/26 | B.0 09.10.26 | 5.67% |
| United States Treasury Bills - B 0 04/23/26 | B.0 04.23.26 | 4.66% |
| United States Treasury Bills - B 0 04/30/26 | B.0 04.30.26 | 3.87% |
| United States Treasury Bills - B 0 05/28/26 | B.0 05.28.26 | 3.81% |
| United States Treasury Bills - B 0 04/16/26 | B.0 04.16.26 | 2.84% |
| United States Treasury Bills - B 0 06/18/26 | B.0 06.18.26 | 2.68% |
| United States Treasury Bills - B 0 06/04/26 | B.0 06.04.26 | 2.17% |
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 |