Gabelli Asset Fund Class C (GATCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
41.99
-0.05 (-0.12%)
Jul 29, 2025, 4:00 PM EDT
-0.12%
Fund Assets1.56B
Expense Ratio2.13%
Min. Investment$1,000
Turnover5.00%
Dividend (ttm)5.79
Dividend Yield13.89%
Dividend Growth81.86%
Payout FrequencyAnnual
Ex-Dividend DateDec 27, 2024
Previous Close42.04
YTD Return8.50%
1-Year Return-4.31%
5-Year Return37.85%
52-Week Low34.92
52-Week High47.34
Beta (5Y)n/a
Holdings505
Inception DateDec 31, 2003

About GATCX

Gabelli Asset Fund Class C is a diversified, open-end mutual fund designed to provide investors with long-term capital growth as its primary objective, while current income serves as a secondary goal. The fund typically invests at least 80% of its assets in equity securities—including common and preferred stocks—listed on recognized exchanges. Its distinctive investment strategy centers on identifying companies trading below their estimated private market value (PMV), which reflects the price a knowledgeable acquirer might pay for the entire company. The management team prioritizes value opportunities where strategic catalysts, such as corporate restructurings or management changes, may unlock shareholder value. Diversification is achieved across market capitalizations, sectors, and geographies, with up to 25% of assets potentially allocated to non-U.S. issuers. Guided by a team of seasoned value investors, Gabelli Asset Fund Class C employs disciplined fundamental analysis, emphasizing metrics such as earnings history, balance sheet strength, and management quality. This approach positions the fund as a notable participant in the large-blend mutual fund category, aiming to capture growth by uncovering undervalued opportunities across the equity market.

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

Performance

GATCX had a total return of -4.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.83%.

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%
GATAXClass A1.38%

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%

Dividend History

Ex-DividendAmountPay Date
Dec 27, 2024$5.7881Dec 27, 2024
Dec 27, 2023$3.1828Dec 27, 2023
Dec 28, 2022$4.0151Dec 28, 2022
Dec 29, 2021$5.5305Dec 29, 2021
Dec 29, 2020$6.9248Dec 29, 2020
Dec 27, 2019$5.2914Dec 27, 2019