Gabelli Asset Fund Class A (GATAX)
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.
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% |
Top 10 Holdings
21.90% of assetsName | 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% |
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 |