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GABAX Gabelli Asset AAA

  • Fund
  • GABAX
  • Price as of: Dec 09, 2016
  • $61.34
  • + $0.10
  • + 0.16%
  • Category
  • Large Cap Blend Equities

GABAX - Profile

Vitals

  • YTD Return 13.4%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 10.8%
  • Net Assets $2.63 B
  • Holdings in Top 10 15.7%

52 WEEK LOW AND HIGH

$61.34
$48.89
$62.18

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.35%

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 13.4%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 10.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.31%
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 13.4% -82.7% 187.8% 12.63% 1
1 Yr 6.3% -51.7% 28.0% 47.14% 3
3 Yr 3.9% * -14.4% 16.8% 81.64% 5
5 Yr 10.8% * -1.0% 19.1% 76.49% 4
10 Yr 6.7% * -0.2% 10.6% 27.85% 2

* Annualized


Return Ranking - Calendar

Period GABAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -17.3% -46.9% 5.7% 84.63% 5
2014 0.1% -51.7% 19.5% 67.08% 4
2013 25.9% -88.0% 41.8% 54.10% 3
2012 9.0% -100.0% 42.8% 72.10% 4
2011 -2.7% -27.1% 13.3% 47.97% 3

Total Return Ranking - Trailing

Period GABAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.4% -82.7% 192.1% 16.70% 1
1 Yr 6.3% -52.5% 142.7% 38.17% 2
3 Yr 3.9% * -5.3% 57.6% 80.47% 5
5 Yr 10.8% * -1.0% 19.1% 75.19% 4
10 Yr 6.7% * -0.2% 10.6% 25.51% 2

* Annualized


Total Return Ranking - Calendar

Period GABAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.4% -40.3% 13.0% 81.91% 5
2014 5.9% -24.8% 54.2% 83.84% 5
2013 43.8% -93.4% 1119.1% 31.02% 2
2012 25.0% -100.0% 282.8% 23.57% 2
2011 -0.7% -43.5% 45.5% 51.94% 3

NAV & Total Return History

GABAX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

GABAX Category Low Category High GABAX % Rank Quintile
Net Assets 2.63 B 9.87 K 482 B 6.46% 2
Number of Holdings 472 1 3780 5.11% 2
Net Assets in Top 10 420 M 13.1 K 69.4 B 9.86% 2
Weighting of Top 10 15.7% 2.2% 297.1% 32.01% 5

Top 10 Holdings

  1. Twenty-First Century Fox Inc Class A 1.87%
  2. AMETEK Inc 1.66%
  3. IDEX Corp 1.40%
  4. Genuine Parts Co 1.79%
  5. Berkshire Hathaway Inc A 1.58%
  6. Brown-Forman Corp Class A 1.79%
  7. Honeywell International Inc 1.45%
  8. Swedish Match AB 1.43%
  9. Xylem Inc 1.45%
  10. American Express Co 1.29%

Asset Allocation

Weighting Category Low Category High GABAX % Rank Quintile
Stocks
99.96% 0.00% 118.62% 1.15% 1
Preferred Stocks
0.02% 0.00% 90.60% 3.45% 1
Other
0.01% -81.75% 100.00% 10.07% 3
Convertible Bonds
0.00% 0.00% 83.08% 1.73% 4
Cash
0.00% -113.00% 132.07% 25.40% 5
Bonds
0.00% -13.88% 111.67% 7.54% 4

Stock Sector Breakdown

Weighting Category Low Category High GABAX % Rank Quintile
Industrials
23.32% 0.00% 48.43% 1.15% 1
Consumer Cyclical
20.45% 0.00% 47.61% 2.02% 1
Consumer Defense
18.77% 0.00% 48.03% 1.37% 1
Financial Services
10.58% 0.00% 46.84% 25.16% 5
Communication Services
6.93% -3.08% 17.25% 1.51% 1
Healthcare
6.06% 0.00% 30.94% 26.24% 5
Basic Materials
5.01% 0.00% 23.55% 4.61% 1
Technology
4.46% 0.00% 63.16% 31.43% 5
Energy
3.27% -3.67% 22.58% 23.14% 5
Utilities
0.57% -3.74% 25.88% 17.74% 4
Real Estate
0.53% -0.11% 12.73% 17.16% 4

Stock Geographic Breakdown

Weighting Category Low Category High GABAX % Rank Quintile
US
82.60% 0.00% 118.15% 25.04% 4
Non US
17.36% -0.64% 94.30% 3.53% 1

GABAX - Expenses

Operational Fees

GABAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.35% 0.02% 303.36% 12.84% 4
Management Fee 1.00% 0.00% 2.25% 1.08% 5
12b-1 Fee 0.25% 0.00% 1.00% 1.99% 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% 0.15% 2.00% 0.65% 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% 16.62% 1

GABAX - Distributions

Dividend Yield Analysis

GABAX Category Low Category High GABAX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.20% 35.83% 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 0.31% -2.05% 3.95% 16.09% 5

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

7.25

Tenure Rank

5.6%

Mr. Kevin V. Dreyer joined G.research, Inc. in 2005 and currently serves as a Senior Vice President. Mr. Dreyer has been an Associate Portfolio Manager of The Gabelli Equity Trust Inc. since 2013, The Gabelli Dividend & Income Trust since 2012, The Gabelli Asset Fund since 2008, The Gabelli Healthcare & WellnessRX Trust since 2007 and the GAMCO Global Opportunity Fund since 2006, and a Co-Lead Portfolio Manager of GAMCO Natural Resources, Gold & Income Trust since 2011. 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

4.17

Tenure Rank

8.1%

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

30.77

Tenure Rank

0.1%

Gabelli has served as chairman, chief executive officer, chief investment officer-value products and a director of GAMCO Investors, Inc. (GAMI) since November 1976. He is chair and chief investment officer of Gabelli Funds, which he formed in 1977. Gabelli began his investment career in 1967 as an analyst with Loeb, Rhoades & Company. In 1975, he joined William D. Witter, a Wall Street research boutique. Gabelli holds the Chartered Financial Analyst designation.


Christopher J. Marangi

Manager

Start Date

Dec 01, 2010

Tenure

6.0

Tenure Rank

6.6%

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

81.1

Category Average

6.08

Category Mode

1.9