Gabelli Automation ETF
Name
As of 12/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
18.7%
1 yr return
25.4%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$4.75 M
Holdings in Top 10
35.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.90%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GAST - Profile
Distributions
- YTD Total Return 18.7%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.7%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGabelli Automation ETF
-
Fund Family NameGabelli Fund Complex
-
Inception DateJan 03, 2022
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJustin Bergner
Fund Description
The Fund will primarily invest in U.S. exchange-listed common stock and preferred stock. The Fund may also invest in foreign securities by investing in American Depositary Receipts. The Fund focuses on companies which appear underpriced relative to their private market value (“PMV”). PMV is the value the Adviser believes informed investors would be willing to pay for a company.
Under normal market conditions, the Fund invests at least 80% of its assets in stocks that are listed on a national securities exchange as defined under the Investment Company Act of 1940, as amended. The portfolio manager will invest in companies that, in the public market, are selling at a significant discount to the portfolio manager’s assessment of their PMV. The portfolio manager considers factors such as price, earnings expectations, earnings and price histories, balance sheet characteristics, and perceived management skills. The portfolio manager also considers changes in economic and political outlooks as well as individual corporate developments. The portfolio manager will sell any Fund investments that lose their perceived value relative to other investments.
The Fund defines Automation Companies as any company that is engaged in designing, developing, supporting, or manufacturing automation equipment, related technology, or processes, and firms that use these to automate in their own businesses. These firms include industrial and service automation, cobotics, robotics, artificial intelligence, autonomous driving, and related equipment, technology, and services. In pursuing the investment theme, the Fund may invest in firms in any economic sector and in any geographic region. Many of the common stocks the Fund will buy will not pay dividends; instead, stocks will be bought for the potential that their prices will increase, providing capital appreciation for the Fund. The value of equity securities will fluctuate due to many factors, including the past and predicted earnings of the issuer, the quality of the issuer’s management, general market conditions, the forecasts for the issuer’s industry, and the value of the issuer’s assets. Holders of equity securities only have rights to value in the company after all issuer debts have been paid, and they could lose their entire investment in a company that encounters financial difficulty.
For purposes of the 80% Policy, the Fund’s investments in Automation Companies include equity securities of U.S. and non-U.S. companies that have at least 50% of their assets, income, earnings, sales, or profits committed to, or derived from automation technologies, equipment, and/or processes.
Automation includes, but is not limited to, the following:
● | Industrial and Service Automation |
● | Cobotics and Robotics |
● | Artificial Intelligence |
● | Autonomous Driving |
GAST - Performance
Return Ranking - Trailing
Period | GAST Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.7% | -38.5% | 31.2% | N/A |
1 Yr | 25.4% | -67.1% | 39.2% | N/A |
3 Yr | N/A* | -40.8% | 30.6% | N/A |
5 Yr | N/A* | -33.3% | 22.3% | N/A |
10 Yr | N/A* | -16.3% | 23.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | GAST Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.2% | -73.9% | 35.7% | N/A |
2022 | N/A | -25.6% | 73.1% | N/A |
2021 | N/A | -97.5% | 60.0% | N/A |
2020 | N/A | -24.7% | 44.9% | N/A |
2019 | N/A | -22.9% | 38.5% | N/A |
Total Return Ranking - Trailing
Period | GAST Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.7% | -75.9% | 954.2% | N/A |
1 Yr | 25.4% | -67.1% | 66.6% | N/A |
3 Yr | N/A* | -40.8% | 30.6% | N/A |
5 Yr | N/A* | -33.3% | 30.0% | N/A |
10 Yr | N/A* | -16.3% | 23.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GAST Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.2% | -73.9% | 35.7% | N/A |
2022 | N/A | -25.6% | 73.1% | N/A |
2021 | N/A | -97.5% | 60.0% | N/A |
2020 | N/A | -24.7% | 44.9% | N/A |
2019 | N/A | -22.9% | 43.6% | N/A |
GAST - Holdings
Concentration Analysis
GAST | Category Low | Category High | GAST % Rank | |
---|---|---|---|---|
Net Assets | 4.75 M | 863 K | 50.4 B | 91.64% |
Number of Holdings | 46 | 1 | 470 | N/A |
Net Assets in Top 10 | 1.87 M | 0 | 30.3 B | N/A |
Weighting of Top 10 | 35.39% | 7.6% | 100.0% | N/A |
Top 10 Holdings
- Emerson Electric Co 4.52%
- AZZ Inc 4.00%
- Check Point Software Technologies Ltd 3.99%
- AMETEK Inc 3.87%
- Rockwell Automation Inc 3.86%
- Intercontinental Exchange Inc 3.40%
- ITT Inc 3.39%
- WW Grainger Inc 2.83%
- Republic Services Inc 2.78%
- Oracle Corp 2.75%
Asset Allocation
Weighting | Return Low | Return High | GAST % Rank | |
---|---|---|---|---|
Stocks | 93.52% | 0.00% | 100.53% | N/A |
Cash | 6.48% | -0.53% | 100.00% | N/A |
Preferred Stocks | 0.00% | 0.00% | 2.84% | N/A |
Other | 0.00% | -1.08% | 26.87% | N/A |
Convertible Bonds | 0.00% | 0.00% | 0.40% | N/A |
Bonds | 0.00% | 0.00% | 4.72% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | GAST % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 6.27% | N/A |
Technology | 0.00% | 2.80% | 100.00% | N/A |
Real Estate | 0.00% | 0.00% | 15.05% | N/A |
Industrials | 0.00% | 0.00% | 53.73% | N/A |
Healthcare | 0.00% | 0.00% | 43.58% | N/A |
Financial Services | 0.00% | 0.00% | 52.54% | N/A |
Energy | 0.00% | 0.00% | 7.96% | N/A |
Communication Services | 0.00% | 0.00% | 97.05% | N/A |
Consumer Defense | 0.00% | 0.00% | 5.64% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 51.15% | N/A |
Basic Materials | 0.00% | 0.00% | 36.08% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GAST % Rank | |
---|---|---|---|---|
US | 93.52% | 0.00% | 100.53% | N/A |
Non US | 0.00% | 0.00% | 99.27% | N/A |
GAST - Expenses
Operational Fees
GAST Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.90% | 0.08% | 2.97% | N/A |
Management Fee | 0.90% | 0.00% | 1.95% | 84.03% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.50% | N/A |
Sales Fees
GAST Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
GAST Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
GAST Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 281.00% | N/A |
GAST - Distributions
Dividend Yield Analysis
GAST | Category Low | Category High | GAST % Rank | |
---|---|---|---|---|
Dividend Yield | 0.71% | 0.00% | 42.10% | 68.37% |
Dividend Distribution Analysis
GAST | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
GAST | Category Low | Category High | GAST % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.30% | 2.08% | N/A |
Capital Gain Distribution Analysis
GAST | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.206 | OrdinaryDividend |
Dec 28, 2022 | $0.162 | OrdinaryDividend |
GAST - Fund Manager Analysis
Managers
Justin Bergner
Start Date
Tenure
Tenure Rank
Jan 05, 2022
0.4
0.4%
Justin Bergner, CFA, is currently a portfolio manager for the Adviser and a Vice President at Gabelli & Company, having rejoined Gabelli & Company in June 2013 as a research analyst covering Diversified Industrials, Home Improvement, and Transport companies. He began his investment career at Gabelli & Company in 2005 as a metals and mining analyst, and subsequently spent five years at Axiom International Investors as a senior analyst focused on industrial and healthcare stocks. Before entering the investment profession, Justin worked in management consulting at both Bain & Company and Dean & Company. Justin graduated cum laude from Yale University with a B.A. in Economics & Mathematics and received an M.B.A. in Finance and Accounting from Wharton Business School.
Hendi Susanto
Start Date
Tenure
Tenure Rank
Jan 05, 2022
0.4
0.4%
Mr. Hendi Susanto, Vice President of Associated Capital Group Inc., is an associate portfolio manager for the Global Mini Mites Fund. Mr. Susanto joined Gabelli in 2007 as a research analyst. He currently covers the global technology industry. Mr. Susanto received a BS degree summa cum laude from the University of Minnesota, a MS from M.I.T., and an MBA from the Wharton School of Business
Brett Kearney
Start Date
Tenure
Tenure Rank
Jan 05, 2022
0.4
0.4%
Brett Kearney joined GAMCO Investors, Inc. as a research analyst in 2017. Mr. Kearney graduated from Washington and Lee University with a BS in Business Administration, and received an MBA from the Value Investing Program at Columbia Business School. He is a Chartered Financial Analyst.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 32.43 | 7.88 | 2.12 |