Gabelli Abc Fund (the): (MF: GABCX)
(NASDAQ Mutual Funds) As of Apr 25, 2024 08:00 PM ET
$10.60 USD
0.00 (NA)
Fund Description
The fund was incepted in May 1993 and is managed by Gabelli Funds. The fund primary objective is to achieve total returns that are attractive to investors in various market conditions without excessive risk of capital loss. The fund invests primarily in securities that the fund's investment adviser believes provide attractive opportunities for appreciation or investment income. The adviser seeks to limit excessive risk of capital loss by utilizing various investment strategies including investing in value-oriented common stocks (i.e., common stocks that trade at a significant discount to the adviser's assessment of their 'private market value' - the value informed investors would be willing to pay to acquire the entire company), convertible securities (the income component of which makes such securities less risky than common stocks) and virtually risk-free U.S. Treasury Bills and by utilizing certain 'arbitrage' strategies. Dividends and capital gains are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Gabelli ABC AAA | GABCX | NA | NA | 2.00 | 0.00 | 0.50 | 0.85 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Gabelli ABC Fund AAA | GABCX | 10.60 | 5/14/1993 | 0.00 | 6.77 | 2.84 | 3.30 |
| Gabelli ABC Fund Adv | GADVX | 10.54 | 5/9/2007 | 0.00 | 6.50 | 2.59 | 3.04 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Gabelli ABC AAA | GABCX | 10000 | 0 | 0 | A |
Contact Information
| Family | Gabelli Funds |
| Address | One Corp Ctr Rye, NY 10580-1422 |
| Phone | 800 422-3554 |