About PETGX
Gabelli Pet Parents Fund Class A is a specialized mutual fund focused on companies within the companion animal and pet care industry. Its primary objective is to achieve capital appreciation by investing at least 80% of its net assets in businesses that provide companion animal food, therapeutics, diagnostics, product distribution, and related services. The fund distinguishes itself by employing Gabelli’s Private Market Value with a Catalyst™ method, which seeks to identify securities perceived as undervalued relative to what a strategic buyer might pay, with an emphasis on uncovering catalysts that could unlock hidden value.
The portfolio comprises equities across diverse sectors impacted by the rising trend of pet ownership, such as healthcare, consumer goods, and retail. Notable holdings include companies like PetIQ Inc, Freshpet Inc, Zoetis Inc, and Chewy Inc, reflecting its concentrated exposure to leading firms in pet nutrition, veterinary pharmaceuticals, and pet product retailing. With a focus on the growing pet economy, the fund is positioned to benefit from the increasing global demand for premium pet products and services, supported by dedicated management and sector-specific research expertise. This unique focus offers investors targeted participation in the expanding pet industry ecosystem.
Fund Family Gabelli
Category Miscellaneous Sector
Stock Exchange NASDAQ
Ticker Symbol PETGX
PETGX had a total return of -2.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.31%.
