Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.2%
1 yr return
10.7%
3 Yr Avg Return
2.2%
5 Yr Avg Return
6.8%
Net Assets
$17.9 M
Holdings in Top 10
34.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.33%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GABBX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return 2.2%
- 5 Yr Annualized Total Return 6.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.10%
- Dividend Yield 0.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameTHE GABELLI DIVIDEND GROWTH FUND
-
Fund Family NameGabelli Fund Complex
-
Inception DateDec 15, 1999
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJustin Bergner
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets in dividend paying stocks. Dividend paying stocks include, for example, common stocks, preferred stocks, and convertible securities. In addition to seeking out stocks that pay a dividend, the Fund will focus on stocks that the portfolio manager believes are well positioned to increase their dividend over the long term. In selecting investments, the portfolio manager will consider, among other things, the market price of the issuer’s securities, earnings expectations, dividend paying and other earnings and price histories, balance sheet characteristics, and perceived management skills. The portfolio manager will also consider changes in economic and political outlooks as well as individual corporate developments. For additional information about selection of investments suitable for the Fund, see page 8 of the prospectus.
In general, the portfolio manager seeks to take advantage of investors’ tendency to overemphasize near term events by investing in companies which are temporarily undervalued and which may return to a significantly higher valuation. The portfolio manager will sell any Fund investments which lose their perceived value relative to other investments in the judgment of the portfolio manager.
The Fund’s assets will be invested primarily in a broad range of readily marketable equity securities consisting primarily of common stocks. Many of the common stocks the Fund will buy will be bought for the potential that their prices will increase, providing capital appreciation for the Fund. The Fund’s secondary objective is to achieve current income by investing in dividend paying common stocks.
The Fund may invest up to 40% of its total assets in equity securities of non-U.S. issuers.
GABBX - Performance
Return Ranking - Trailing
Period | GABBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -3.2% | 13.0% | 76.25% |
1 Yr | 10.7% | -6.7% | 37.2% | 86.10% |
3 Yr | 2.2%* | -3.7% | 30.3% | 96.18% |
5 Yr | 6.8%* | -1.5% | 43.5% | 89.69% |
10 Yr | 5.1%* | 1.2% | 24.6% | 98.49% |
* Annualized
Return Ranking - Calendar
Period | GABBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.1% | -24.9% | 46.1% | 47.45% |
2022 | -11.1% | -64.7% | 4.6% | 41.88% |
2021 | 8.0% | -44.2% | 57.5% | 82.37% |
2020 | 2.1% | -23.2% | 285.0% | 26.32% |
2019 | 21.1% | -21.4% | 48.5% | 35.33% |
Total Return Ranking - Trailing
Period | GABBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -3.2% | 13.0% | 76.25% |
1 Yr | 10.7% | -6.7% | 37.2% | 86.10% |
3 Yr | 2.2%* | -3.7% | 30.3% | 96.18% |
5 Yr | 6.8%* | -1.5% | 43.5% | 89.69% |
10 Yr | 5.1%* | 1.2% | 24.6% | 98.49% |
* Annualized
Total Return Ranking - Calendar
Period | GABBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.6% | -15.9% | 46.7% | 76.67% |
2022 | -9.6% | -42.0% | 8.5% | 81.52% |
2021 | 20.2% | 3.6% | 129.7% | 92.10% |
2020 | 5.1% | -22.6% | 304.8% | 31.02% |
2019 | 26.4% | -12.7% | 52.1% | 38.63% |
NAV & Total Return History
GABBX - Holdings
Concentration Analysis
GABBX | Category Low | Category High | GABBX % Rank | |
---|---|---|---|---|
Net Assets | 17.9 M | 1.09 M | 163 B | 97.14% |
Number of Holdings | 61 | 2 | 1683 | 69.65% |
Net Assets in Top 10 | 6.27 M | 420 K | 33.9 B | 96.70% |
Weighting of Top 10 | 34.61% | 4.8% | 99.9% | 25.61% |
Top 10 Holdings
- Mondelez International Inc 4.79%
- American Express Co 4.13%
- Alphabet Inc 4.12%
- T-Mobile US Inc 3.89%
- Merck Co Inc 3.61%
- Honeywell International Inc 3.24%
- DuPont de Nemours Inc 2.97%
- JPMorgan Chase Co 2.81%
- Citigroup Inc 2.55%
- CVS Health Corp 2.48%
Asset Allocation
Weighting | Return Low | Return High | GABBX % Rank | |
---|---|---|---|---|
Stocks | 96.66% | 1.86% | 108.42% | 80.09% |
Bonds | 3.72% | -0.71% | 73.23% | 2.87% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 56.00% |
Other | 0.00% | -3.53% | 39.72% | 65.57% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 54.93% |
Cash | 0.00% | -0.79% | 38.18% | 98.09% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GABBX % Rank | |
---|---|---|---|---|
Financial Services | 17.91% | 0.00% | 58.05% | 63.31% |
Consumer Defense | 15.14% | 0.00% | 34.10% | 7.27% |
Healthcare | 14.17% | 0.00% | 30.08% | 81.96% |
Industrials | 12.39% | 0.00% | 42.76% | 37.92% |
Communication Services | 12.06% | 0.00% | 26.58% | 4.38% |
Basic Materials | 10.01% | 0.00% | 21.69% | 3.85% |
Utilities | 9.07% | 0.00% | 27.04% | 8.41% |
Technology | 6.17% | 0.00% | 54.02% | 91.07% |
Consumer Cyclical | 1.61% | 0.00% | 22.74% | 97.20% |
Energy | 1.48% | 0.00% | 54.00% | 95.71% |
Real Estate | 0.00% | 0.00% | 90.54% | 93.17% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GABBX % Rank | |
---|---|---|---|---|
US | 96.66% | 1.86% | 108.42% | 62.26% |
Non US | 0.00% | 0.00% | 27.89% | 67.65% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GABBX % Rank | |
---|---|---|---|---|
Derivative | 0.00% | -3.53% | 6.97% | 56.57% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 91.12% |
Securitized | 0.00% | 0.00% | 40.38% | 52.97% |
Corporate | 0.00% | 0.00% | 100.00% | 59.18% |
Municipal | 0.00% | 0.00% | 0.02% | 52.97% |
Government | 0.00% | 0.00% | 100.00% | 54.06% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GABBX % Rank | |
---|---|---|---|---|
US | 3.72% | -0.71% | 65.41% | 2.87% |
Non US | 0.00% | 0.00% | 7.82% | 52.43% |
GABBX - Expenses
Operational Fees
GABBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.33% | 0.03% | 14.82% | 3.05% |
Management Fee | 1.00% | 0.00% | 1.50% | 97.83% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 40.67% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
GABBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
GABBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 32.31% |
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.
GABBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 0.00% | 488.00% | 35.97% |
GABBX - Distributions
Dividend Yield Analysis
GABBX | Category Low | Category High | GABBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.14% | 0.00% | 37.03% | 78.13% |
Dividend Distribution Analysis
GABBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Monthly | Monthly |
Net Income Ratio Analysis
GABBX | Category Low | Category High | GABBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.10% | -1.51% | 4.28% | 95.03% |
Capital Gain Distribution Analysis
GABBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.248 | OrdinaryDividend |
Dec 27, 2018 | $0.003 | OrdinaryDividend |
Dec 27, 2017 | $0.095 | OrdinaryDividend |
Dec 28, 2016 | $0.076 | OrdinaryDividend |
Dec 29, 2015 | $0.063 | OrdinaryDividend |
Dec 23, 2013 | $0.090 | OrdinaryDividend |
Dec 27, 2012 | $0.186 | OrdinaryDividend |
Dec 28, 2011 | $0.040 | OrdinaryDividend |
Dec 29, 2009 | $0.290 | OrdinaryDividend |
Dec 27, 2006 | $0.035 | OrdinaryDividend |
Dec 29, 2004 | $0.034 | OrdinaryDividend |
GABBX - Fund Manager Analysis
Managers
Justin Bergner
Start Date
Tenure
Tenure Rank
Mar 01, 2017
5.25
5.3%
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.
Robert Leininger
Start Date
Tenure
Tenure Rank
Mar 01, 2017
5.25
5.3%
Robert D. Leininger, CFA, joined GBL in 1993 as a security analyst. Mr. Leininger moved to Rorer Asset Management LLC in Philadelphia in 1997, where he was a partner in the firm and member of the investment policy committee. In August 2009, he joined Copeland Capital Management as a partner and portfolio manager before rejoining GBL in 2010 where he currently serves as a portfolio manager for the Adviser and on GAMCO’s institutional and high net worth separate accounts team. He is a member of the Financial Analyst Society of Philadelphia. Mr. Leininger is a magna cum laude graduate of Amherst College with a degree in Economics and holds an MBA from the Wharton School at the University of Pennsylvania.
Sarah Donnelly
Start Date
Tenure
Tenure Rank
Sep 18, 2017
4.7
4.7%
Sarah Donnelly is a portfolio manager of Gabelli & Company, Inc., which she joined in 1999 as a research analyst. Ms. Donnelly currently follows the food and household products industries as a member of the consumer products team. She received a B.S. in Business Administration with a concentration in Finance and minor in History from Fordham University and currently serves on the advisory board of the Gabelli Center for Global Security Analysis at Fordham University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.07 | 16.42 |