Gabelli Gold Fund Class A (GLDAX)
| Fund Assets | 766.03M |
| Expense Ratio | 1.44% |
| Min. Investment | $1,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 7.27 |
| Dividend Yield | 14.51% |
| Dividend Growth | 1,596.71% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 47.24 |
| YTD Return | 2.63% |
| 1-Year Return | 80.21% |
| 5-Year Return | 152.49% |
| 52-Week Low | 30.34 |
| 52-Week High | 63.79 |
| Beta (5Y) | 0.64 |
| Holdings | 58 |
| Inception Date | Dec 23, 2002 |
About GLDAX
Gabelli Gold Fund Inc. Class A is a mutual fund focused on providing long-term capital appreciation by investing primarily in equity securities of companies engaged in gold-related activities, as well as gold bullion itself. The fund typically allocates at least 80% of its net assets to equities of both foreign and domestic issuers involved in gold exploration, mining, or production, making it a sector-specific option within the precious metals category. Managed by a team with decades of experience in gold mining equities, the fund targets firms with strong management, robust financials, and significant mine life at low operating costs, emphasizing high-quality holdings. Gabelli Gold Fund Inc. Class A serves investors seeking exposure to the gold sector, which has historically been viewed as a hedge against inflation and a tool for portfolio diversification due to its low correlation with broader equities and fixed income markets. Its portfolio is heavily weighted toward leading global mining companies, reflecting a concentrated approach within the basic materials sector. By focusing on gold mining equities, the fund plays a specialized role in the financial market, offering targeted access to gold’s investment dynamics through actively managed stock selection.
Performance
GLDAX had a total return of 80.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.94%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGDAX | Fidelity | Fidelity Advisor Gold Fund - Class A | 0.94% |
| FGDCX | Fidelity | Fidelity Advisor Gold Fund - Class C | 1.69% |
| FGDIX | Fidelity | Fidelity Advisor Gold Fund - Class I | 0.69% |
| FIJDX | Fidelity | Fidelity Advisor Gold Fund - Class Z | 0.57% |
| FGDTX | Fidelity | Fidelity Advisor Gold Fund - Class M | 1.19% |
Top 10 Holdings
44.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Newmont Corporation | NEM | 8.52% |
| Agnico Eagle Mines Limited | AEM | 6.04% |
| Vanguard Extended Duration Treasury ETF | EDV | 4.42% |
| Kinross Gold Corporation | KGC | 4.37% |
| Alamos Gold Inc. | AGI | 4.35% |
| Northern Star Resources Ltd. NPV | NST | 4.27% |
| AngloGold Ashanti plc | AU | 3.28% |
| G MINING VENTURES CORP (NEW) - G Mining Ventures Corp COM | GMIN | 3.23% |
| IAMGOLD Corporation | IAG | 2.97% |
| Artemis Gold Inc COM | ARTG | 2.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $7.2738 | Dec 29, 2025 |
| Dec 27, 2024 | $0.4287 | Dec 27, 2024 |
| Dec 27, 2023 | $0.2032 | Dec 27, 2023 |
| Dec 29, 2020 | $0.357 | Dec 29, 2020 |
| Dec 27, 2019 | $0.1317 | Dec 27, 2019 |
| Dec 27, 2018 | $0.0391 | Dec 27, 2018 |