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GABAX Gabelli Asset AAA

  • Fund
  • GABAX
  • Price as of: Oct 17, 2017
  • $61.23
  • - $0.12
  • - 0.20%
  • Category
  • Large Cap Blend Equities

GABAX - Profile

Vitals

  • YTD Return 14.8%
  • 3 Yr Annualized Return 7.6%
  • 5 Yr Annualized Return 11.4%
  • Net Assets $2.65 B
  • Holdings in Top 10 15.8%

52 WEEK LOW AND HIGH

$61.23
$53.33
$61.39

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.36%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 3.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 14.8%
  • 3 Yr Annualized Total Return 7.6%
  • 5 Yr Annualized Total Return 11.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.59%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Gabelli Asset Fund
  • Fund Family Name Gabelli
  • Inception Date Mar 03, 1986
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Kevin V. Dreyer

GABAX - Performance

Return Ranking - Trailing

Period GABAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 14.8% -92.6% 31.0% 33.19% 2
1 Yr 16.8% -51.7% 43.3% 52.34% 3
3 Yr 7.6% * -14.4% 16.3% 68.09% 4
5 Yr 11.4% * -0.6% 17.9% 72.30% 4
10 Yr 6.6% * 0.9% 14.4% 43.82% 3

* Annualized


Return Ranking - Calendar

Period GABAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -1.4% -37.7% 186.3% 79.94% 5
2015 -17.3% -46.9% 11.2% 85.67% 5
2014 0.1% -51.7% 38.1% 68.02% 4
2013 25.9% -88.0% 42.8% 53.73% 3
2012 9.0% -100.0% 25.9% 71.68% 4

Total Return Ranking - Trailing

Period GABAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 14.8% -92.6% 31.0% 33.11% 2
1 Yr 16.8% -52.5% 142.7% 42.42% 3
3 Yr 7.6% * -5.3% 57.6% 62.46% 4
5 Yr 11.4% * -0.6% 17.9% 69.96% 4
10 Yr 6.6% * 0.9% 14.4% 39.67% 2

* Annualized


Total Return Ranking - Calendar

Period GABAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -1.4% -36.6% 190.6% 84.08% 5
2015 -6.4% -40.3% 20.1% 84.06% 5
2014 5.9% -24.8% 100.1% 84.53% 5
2013 43.8% -93.4% 1119.1% 30.47% 2
2012 25.0% -100.0% 282.8% 23.26% 2

NAV & Total Return History

GABAX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

GABAX Category Low Category High GABAX % Rank Quintile
Net Assets 2.65 B 9.87 K 621 B 7.61% 2
Number of Holdings 465 1 3780 5.61% 2
Net Assets in Top 10 412 M 13.1 K 95.8 B 11.01% 2
Weighting of Top 10 15.8% 2.3% 269.3% 33.60% 5

Top 10 Holdings

  1. Twenty-First Century Fox Inc Class A 2.24%
  2. AMETEK Inc 1.74%
  3. Genuine Parts Co 1.56%
  4. Berkshire Hathaway Inc A 1.56%
  5. Brown-Forman Corp Class A 1.76%
  6. Honeywell International Inc 1.40%
  7. Swedish Match AB 1.34%
  8. Republic Services Inc Class A 1.48%
  9. Diageo PLC ADR 1.36%
  10. Sony Corp ADR 1.33%

Asset Allocation

Weighting Category Low Category High GABAX % Rank Quintile
Stocks
99.45% 0.00% 147.19% 3.45% 1
Other
0.53% -81.75% 100.00% 8.99% 2
Preferred Stocks
0.02% -0.39% 88.99% 3.60% 1
Convertible Bonds
0.00% 0.00% 71.30% 1.94% 4
Cash
0.00% -112.50% 132.07% 24.82% 5
Bonds
0.00% -49.59% 110.36% 7.39% 4

Stock Sector Breakdown

Weighting Category Low Category High GABAX % Rank Quintile
Industrials
22.85% 0.00% 34.96% 1.15% 1
Consumer Cyclical
19.24% 0.00% 47.61% 2.60% 1
Consumer Defense
17.83% -0.12% 55.88% 1.30% 1
Financial Services
12.54% 0.00% 78.59% 24.44% 5
Communication Services
7.35% -0.78% 17.35% 1.30% 1
Healthcare
6.06% 0.00% 43.34% 27.83% 5
Basic Materials
4.96% -0.88% 26.23% 5.48% 1
Technology
4.75% 0.00% 41.58% 31.80% 5
Energy
2.69% -3.37% 24.97% 22.64% 5
Utilities
0.60% -1.65% 32.10% 18.75% 4
Real Estate
0.56% -35.19% 11.80% 17.30% 4

Stock Geographic Breakdown

Weighting Category Low Category High GABAX % Rank Quintile
US
81.85% 0.00% 100.18% 26.12% 4
Non US
17.60% -1.33% 88.51% 3.67% 1

GABAX - Expenses

Operational Fees

GABAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.36% 0.02% 303.36% 13.12% 4
Management Fee 1.00% 0.00% 2.25% 1.08% 5
12b-1 Fee 0.25% 0.00% 1.00% 2.21% 3
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

GABAX Fees (% of AUM) Category Low Category High GABAX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.00% N/A N/A

Trading Fees

GABAX Fees (% of AUM) Category Low Category High GABAX Rank Quintile
Max Redemption Fee 2.00% 0.00% 2.00% 0.63% 4

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GABAX Fees (% of AUM) Category Low Category High GABAX Rank Quintile
Turnover 3.00% 0.00% 1754.00% 16.68% 1

GABAX - Distributions

Dividend Yield Analysis

GABAX Category Low Category High GABAX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.20% 36.01% 2

Dividend Distribution Analysis

GABAX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

GABAX Category Low Category High GABAX % Rank Quintile
Net Income Ratio 0.59% -1.94% 3.78% 14.13% 4

Capital Gain Distribution Analysis

GABAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

GABAX - Managers

Kevin V. Dreyer

Manager

Start Date

Sep 01, 2009

Tenure

8.08

Tenure Rank

5.4%

Mr. Dreyer joined GAMCO Investors, Inc. in 2005 as a research analyst and currently serves as a Managing Director and Co-Chief Investment Officer of its Value Team. Mr. Dreyer is a portfolio manager of the Gabelli Funds, LLC. Mr. Dreyer holds a M.B.A. from Columbia Business School and a B.S.E. from the University of Pennsylvania.


Jeffrey J. Jonas

Manager

Start Date

Oct 01, 2012

Tenure

5.0

Tenure Rank

7.8%

Mr. Jeffrey J. Jonas, CFA, is a co-portfolio manager. Mr. Jonas joined Gabelli & Company, Inc. in 2003 as a research analyst. Prior to his appointment as Associated Portfolio Manager, Mr. Jonas served as co-portfolio manager of GAMCO Medical Opportunities LP. Mr. Jonas was a Presidential Scholar at Boston College where he received a BS in finance and management information systems.


Mario J. Gabelli

Manager

Start Date

Mar 03, 1986

Tenure

31.6

Tenure Rank

0.1%

Mario Gabelli founded the firm in 1977 and is a widely respected professional with 45+ year's investment management experience. He is a summa cum laude graduate of Fordham University and holds an M.B.A. from Columbia University Graduate School of Business, and Honorary Doctorate Degrees from Roger Williams University in Rhode Island and Fordham University


Christopher J. Marangi

Manager

Start Date

Dec 01, 2010

Tenure

6.84

Tenure Rank

6.4%

Christopher J. Marangi joined GAMCO in 2003 as an equity research analyst responsible for companies in the Cable, Satellite and Entertainment sectors, Mr. Marangi's experience includes 5+ years with Wellspring and JPMorgan. Mr. Marangi graduated magna cum laude and Phi Beta Kappa with a B.A. in Political Economy from Williams College and holds an M.B.A. with honors from the Columbia Graduate School of Business


Tenure Analysis

Category Low

0.0

Category High

81.9

Category Average

6.19

Category Mode

2.8