Gabelli Asset Fund Class A (GATAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
49.12
+0.53 (1.09%)
Jul 23, 2025, 4:00 PM EDT
1.09%
Fund Assets1.56B
Expense Ratio1.38%
Min. Investment$1,000
Turnover5.00%
Dividend (ttm)6.96
Dividend Yield13.56%
Dividend Growth80.97%
Payout FrequencyAnnual
Ex-Dividend DateDec 27, 2024
Previous Close48.59
YTD Return9.86%
1-Year Return-3.33%
5-Year Return43.49%
52-Week Low40.43
52-Week High54.95
Beta (5Y)n/a
Holdings505
Inception DateDec 31, 2003

About GATAX

The Gabelli Asset Fund Class A is a diversified, open-end mutual fund designed with a primary objective of achieving capital growth, while providing current income as a secondary goal. Managed by an experienced team led by Mario Gabelli, the fund primarily invests in common and preferred stocks. The fund’s distinguishing feature is its Private Market Value with a Catalyst™ strategy, which seeks to identify companies trading below their estimated private market value—the price a strategic buyer might pay for the entire firm. A core emphasis is placed on identifying catalysts such as buyouts or management changes that could potentially surface underlying value. The fund maintains an all-cap, diversified approach, investing across various industries and market capitalizations to broaden exposure and manage risk. By focusing on undervalued opportunities and potential corporate catalysts, the Gabelli Asset Fund Class A plays a distinctive role in the market for investors seeking a disciplined value-oriented equity strategy with broad sector diversification.

Fund Family Gabelli
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol GATAX
Share Class Class A
Index S&P 500 TR

Performance

GATAX had a total return of -3.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.64%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FDGTXFidelityFidelity Advisor Dividend Growth Fund - Class M1.34%
FDGIXFidelityFidelity Advisor Dividend Growth Fund - Class I0.85%
FMILXFidelityFidelity New Millennium Fund0.76%
FDGKXFidelityFidelity Dividend Growth Fund - Class K0.49%
FZADXFidelityFidelity Advisor Dividend Growth Fund - Class Z0.71%

Other Share Classes

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

SymbolShare ClassExpense Ratio
GABIXClass I1.13%
GABAXClass Aaa1.38%
GATCXClass C2.13%

Top 10 Holdings

21.90% of assets
NameSymbolWeight
AMETEK, Inc.AME3.14%
Sony Group CorporationSONY3.05%
Berkshire Hathaway IncBRKA2.60%
Deere & CompanyDE2.42%
Republic Services, Inc.RSG2.27%
Caterpillar Inc.CAT1.88%
The Bank of New York Mellon CorporationBK1.79%
Mastercard IncorporatedMA1.75%
American Express CompanyAXP1.51%
Madison Square Garden Sports Corp.MSGS1.48%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 27, 2024$6.9583Dec 27, 2024
Dec 27, 2023$3.845Dec 27, 2023
Dec 28, 2022$4.7045Dec 28, 2022
Dec 29, 2021$0.2065Dec 29, 2021
Dec 29, 2020$7.0961Dec 29, 2020
Dec 27, 2019$5.5355Dec 27, 2019
Full Dividend History