Gabelli Asset Fund Class C (GATCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
41.12
+0.15 (0.37%)
Jun 27, 2025, 4:00 PM EDT
-2.14%
Fund Assets 1.54B
Expense Ratio 2.13%
Min. Investment $1,000
Turnover 5.00%
Dividend (ttm) 5.79
Dividend Yield 14.13%
Dividend Growth 81.86%
Payout Frequency Annual
Ex-Dividend Date n/a
Previous Close 40.97
YTD Return 6.25%
1-Year Return -2.14%
5-Year Return 46.90%
52-Week Low 34.92
52-Week High 47.34
Beta (5Y) n/a
Holdings 505
Inception Date Dec 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 -2.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.76%.

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%
GATAX Class A 1.38%

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 $5.7881 Dec 27, 2024
Dec 27, 2023 $3.1828 Dec 27, 2023
Dec 28, 2022 $4.0151 Dec 28, 2022
Dec 29, 2021 $5.5305 Dec 29, 2021
Dec 29, 2020 $6.9248 Dec 29, 2020
Dec 27, 2019 $5.2914 Dec 27, 2019
Full Dividend History