Gabelli Asset Fund Class A (GATAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
47.69
+0.18 (0.38%)
Jun 27, 2025, 4:00 PM EDT
-1.91%
Fund Assets 1.54B
Expense Ratio 1.38%
Min. Investment $1,000
Turnover 5.00%
Dividend (ttm) 6.96
Dividend Yield 13.80%
Dividend Growth 80.97%
Payout Frequency Annual
Ex-Dividend Date n/a
Previous Close 47.51
YTD Return 6.67%
1-Year Return -1.91%
5-Year Return 51.74%
52-Week Low 40.43
52-Week High 54.95
Beta (5Y) n/a
Holdings 505
Inception Date Dec 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 -1.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.53%.

Equivalent Funds

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

Symbol Provider Name Expense Ratio
FDGTX Fidelity Fidelity Advisor Dividend Growth Fund - Class M 1.34%
FDGIX Fidelity Fidelity Advisor Dividend Growth Fund - Class I 0.85%
FMILX Fidelity Fidelity New Millennium Fund 0.76%
FDGKX Fidelity Fidelity Dividend Growth Fund - Class K 0.49%
FZADX Fidelity Fidelity Advisor Dividend Growth Fund - Class Z 0.71%

Other Share Classes

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

Symbol Share Class Expense Ratio
GABIX Class I 1.13%
GABAX Class Aaa 1.38%
GATCX Class C 2.13%

Top 10 Holdings

21.90% of assets
Name Symbol Weight
AMETEK, Inc. AME 3.14%
Sony Group Corporation SONY 3.05%
Berkshire Hathaway Inc BRKA 2.60%
Deere & Company DE 2.42%
Republic Services, Inc. RSG 2.27%
Caterpillar Inc. CAT 1.88%
The Bank of New York Mellon Corporation BK 1.79%
Mastercard Incorporated MA 1.75%
American Express Company AXP 1.51%
Madison Square Garden Sports Corp. MSGS 1.48%
View More Holdings

Dividend History

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