Gabelli Global Mini MitesTM Fund Class AAA (GAMNX)
| Fund Assets | 15.03M |
| Expense Ratio | 0.90% |
| Min. Investment | $10,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 1.00 |
| Dividend Yield | 8.84% |
| Dividend Growth | -17.58% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 11.32 |
| YTD Return | 2.17% |
| 1-Year Return | 12.64% |
| 5-Year Return | 113.67% |
| 52-Week Low | 9.59 |
| 52-Week High | 12.53 |
| Beta (5Y) | 0.96 |
| Holdings | 147 |
| Inception Date | Sep 28, 2018 |
About GAMNX
The Gabelli Global Mini Mites Fund is an actively managed mutual fund focused on global micro-cap equity securities. Its primary objective is to provide long-term capital appreciation by investing in companies with market capitalizations of $250 million or less at the time of initial investment. The fund adopts a value-oriented approach, seeking out overlooked and underpriced companies whose true economic potential is not fully recognized by the broader market. This strategy is designed to capitalize on inefficiencies in the micro-cap sector, where fewer analysts typically cover the companies, potentially providing opportunities for uncovering hidden value. The portfolio is built from the firm’s highest conviction investment ideas, supported by extensive quantitative and qualitative research. The fund maintains global diversification, investing in issuers from at least three countries with a significant portion of its assets allocated to non-U.S. securities. Its management team is backed by a centralized group of sector-focused analysts, bringing deep expertise across industries such as technology, industrials, and business services. The Gabelli Global Mini Mites Fund plays a niche role in the financial market, offering exposure to the unique growth and value opportunities present in micro-cap equities worldwide.
Performance
GAMNX had a total return of 12.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.34%.
Top 10 Holdings
34.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Tredegar Corporation | TG | 7.13% |
| United States Treasury Bill | n/a | 4.97% |
| United States Treasury Bill | n/a | 4.00% |
| United States Treasury Bill | B.0 06.05.25 | 3.44% |
| Intevac, Inc. | IVAC | 3.22% |
| United States Treasury Bill | WIB.0 06.12.25 | 3.03% |
| Valens Semiconductor Ltd. | VLN | 2.55% |
| Ampco-Pittsburgh Corporation | AP | 2.13% |
| Park-Ohio Holdings Corp. | PKOH | 2.04% |
| L.B. Foster Company | FSTR | 1.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $1.0004 | Dec 27, 2024 |
| Dec 27, 2023 | $1.2138 | Dec 27, 2023 |
| Dec 28, 2022 | $0.5411 | Dec 28, 2022 |
| Dec 29, 2021 | $0.0745 | Dec 29, 2021 |
| Dec 29, 2020 | $0.0581 | Dec 29, 2020 |
| Dec 27, 2019 | $0.3479 | Dec 27, 2019 |