Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.1%
1 yr return
7.5%
3 Yr Avg Return
2.1%
5 Yr Avg Return
7.3%
Net Assets
$43.5 M
Holdings in Top 10
57.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.79%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 54.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GWSVX - Profile
Distributions
- YTD Total Return 0.1%
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return 7.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.15%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameTHE GABELLI FOCUSED GROWTH AND INCOME FUND
-
Fund Family NameGabelli Fund Complex
-
Inception DateDec 31, 2002
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Miller
Fund Description
Under normal circumstances, the Focused Growth and Income Fund will invest in a concentrated portfolio of twenty-five to thirty-five equity securities. The Focused Growth and Income Fund could potentially invest up to 50% of its net assets in five securities that represent the largest, and thus the highest conviction, positions. Under normal circumstances, the Focused Growth and Income Fund will invest substantially all of its assets (i.e., at least 80%) in securities selected primarily for their potential to provide a high level of capital appreciation. These may include securities with a significant current income component. The Focused Growth and Income Fund also may invest up to 20% of its net assets in other securities, which may include fixed income securities and securities rated below investment grade by recognized statistical rating agencies or unrated securities of comparable quality, provided that the Adviser believes such investments will facilitate the overall pursuit of the Focused Growth and Income Fund’s investment objective of a high level of capital appreciation. The balance of the Focused Growth and Income Fund’s net assets not so invested will be held in short term high grade investments or cash and cash equivalents. To the extent the Focused Growth and Income Fund invests in short term investments or cash, it will impact the likelihood of achieving its investment objective. The Focused Growth and Income Fund may invest in U.S. and non-U.S. securities, including emerging market securities. The Focused Growth and Income Fund’s Adviser will consider for purchase the securities of all companies, regardless of the size of capitalization (capitalization is the price per share multiplied by the number of shares outstanding), whose market capitalization trades at a discount to Private Market Value (PMV) at the time of investment. PMV is the price that the Focused Growth and Income Fund’s portfolio manager believes an informed buyer would pay to acquire a company’s entire business. Many of the holdings in the Focused Growth and Income Fund’s portfolio will be considered by the Focused Growth and Income Fund’s portfolio manager to have a potential near term catalyst, or event, that might surface underlying value. Positions will be sold when they trade near or above PMV or if a catalyst fails to materialize as anticipated. The Focused Growth and Income Fund is a non-diversified mutual fund.
In selecting investments for the Focused Growth and Income Fund, the Adviser focuses on issuers that:
● | have potential for long term earnings per share growth |
● | may be subject to a catalyst, such as industry developments, regulatory changes, changes in management, sale or spin-off of a division, or the development of a profitable new business |
● | are well managed |
● | may be subject to rapid changes in industry conditions due to regulatory or other developments |
● | may have changes in management or similar characteristics that may result not only in expected growth in revenues but in an accelerated or above average rate of earnings growth, which would usually be reflected in capital appreciation |
● | pay or have the potential to begin paying regular dividends |
● | may increase the amount of their regular dividend payments |
GWSVX - Performance
Return Ranking - Trailing
Period | GWSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.1% | -13.8% | 16.2% | 86.26% |
1 Yr | 7.5% | -8.5% | 39.8% | 93.41% |
3 Yr | 2.1%* | -22.4% | 14.9% | 63.74% |
5 Yr | 7.3%* | -1.8% | 19.7% | 84.47% |
10 Yr | 3.2%* | 1.9% | 12.6% | 96.31% |
* Annualized
Return Ranking - Calendar
Period | GWSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.2% | -12.9% | 28.8% | 87.29% |
2022 | -17.8% | -52.6% | 20.1% | 36.77% |
2021 | 21.8% | -43.8% | 32.4% | 20.45% |
2020 | 8.6% | -10.6% | 82.1% | 55.62% |
2019 | 26.8% | -8.5% | 37.5% | 23.82% |
Total Return Ranking - Trailing
Period | GWSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.1% | -13.8% | 16.2% | 86.26% |
1 Yr | 7.5% | -8.5% | 39.8% | 93.41% |
3 Yr | 2.1%* | -22.4% | 14.9% | 63.74% |
5 Yr | 7.3%* | -1.8% | 19.7% | 84.47% |
10 Yr | 3.2%* | 1.9% | 12.6% | 96.31% |
* Annualized
Total Return Ranking - Calendar
Period | GWSVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.9% | 1.2% | 31.3% | 90.33% |
2022 | -14.1% | -45.7% | 21.1% | 45.96% |
2021 | 27.0% | -30.2% | 52.8% | 25.57% |
2020 | 8.6% | -8.4% | 84.3% | 78.99% |
2019 | 26.8% | 1.0% | 43.4% | 54.86% |
NAV & Total Return History
GWSVX - Holdings
Concentration Analysis
GWSVX | Category Low | Category High | GWSVX % Rank | |
---|---|---|---|---|
Net Assets | 43.5 M | 728 K | 160 B | 89.43% |
Number of Holdings | 43 | 1 | 2609 | 82.93% |
Net Assets in Top 10 | 24.8 M | 155 K | 11.7 B | 74.53% |
Weighting of Top 10 | 57.71% | 3.4% | 100.0% | 4.62% |
Top 10 Holdings
- VICI Properties Inc 8.89%
- Blackstone Mortgage Trust Inc 7.03%
- Qurate Retail Inc 6.47%
- Enterprise Products Partners LP 6.12%
- NextEra Energy Partners LP 5.78%
- Energy Transfer LP 5.73%
- Apollo Global Management Inc 5.41%
- ATT Inc 4.76%
- Kinder Morgan Inc 3.94%
- Morgan Stanley 3.58%
Asset Allocation
Weighting | Return Low | Return High | GWSVX % Rank | |
---|---|---|---|---|
Stocks | 78.23% | 14.60% | 104.46% | 99.19% |
Preferred Stocks | 14.30% | 0.00% | 14.30% | 1.08% |
Bonds | 6.13% | 0.00% | 62.14% | 1.36% |
Cash | 1.34% | 0.00% | 30.96% | 53.93% |
Other | 0.00% | -1.04% | 23.02% | 82.66% |
Convertible Bonds | 0.00% | 0.00% | 1.78% | 84.01% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GWSVX % Rank | |
---|---|---|---|---|
Real Estate | 20.22% | 0.00% | 25.82% | 1.63% |
Energy | 18.53% | 0.00% | 58.13% | 3.26% |
Financial Services | 13.85% | 0.00% | 46.10% | 58.15% |
Communication Services | 11.90% | 0.00% | 30.98% | 4.35% |
Utilities | 11.01% | 0.00% | 18.97% | 4.62% |
Consumer Defense | 9.68% | 0.00% | 32.18% | 9.24% |
Healthcare | 7.25% | 0.00% | 24.06% | 88.04% |
Industrials | 5.06% | 0.00% | 45.89% | 97.01% |
Consumer Cyclical | 2.49% | 2.49% | 46.48% | 100.00% |
Technology | 0.00% | 0.00% | 40.65% | 99.73% |
Basic Materials | 0.00% | 0.00% | 16.35% | 99.73% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GWSVX % Rank | |
---|---|---|---|---|
US | 76.01% | 14.60% | 104.46% | 99.73% |
Non US | 2.21% | 0.00% | 19.95% | 7.32% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GWSVX % Rank | |
---|---|---|---|---|
Corporate | 97.58% | 0.00% | 97.58% | 1.16% |
Derivative | 0.00% | -0.48% | 14.92% | 81.84% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 96.21% |
Securitized | 0.00% | 0.00% | 0.00% | 82.27% |
Municipal | 0.00% | 0.00% | 0.00% | 82.27% |
Government | 0.00% | 0.00% | 42.40% | 83.43% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GWSVX % Rank | |
---|---|---|---|---|
US | 6.13% | 0.00% | 61.05% | 1.36% |
Non US | 0.00% | 0.00% | 1.09% | 82.93% |
GWSVX - Expenses
Operational Fees
GWSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.79% | 0.03% | 35.91% | 12.02% |
Management Fee | 1.00% | 0.00% | 1.50% | 97.00% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 60.80% |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
GWSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
GWSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 52.00% |
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.
GWSVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 54.00% | 0.00% | 304.00% | 59.09% |
GWSVX - Distributions
Dividend Yield Analysis
GWSVX | Category Low | Category High | GWSVX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 31.05% | 14.63% |
Dividend Distribution Analysis
GWSVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
GWSVX | Category Low | Category High | GWSVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.15% | -2.06% | 3.38% | 1.63% |
Capital Gain Distribution Analysis
GWSVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 26, 2024 | $0.060 | OrdinaryDividend |
Feb 27, 2024 | $0.060 | OrdinaryDividend |
Jan 29, 2024 | $0.060 | OrdinaryDividend |
Nov 28, 2023 | $0.060 | OrdinaryDividend |
Oct 27, 2023 | $0.060 | OrdinaryDividend |
Sep 27, 2023 | $0.060 | OrdinaryDividend |
Aug 29, 2023 | $0.060 | OrdinaryDividend |
Jul 27, 2023 | $0.060 | OrdinaryDividend |
Jun 28, 2023 | $0.060 | OrdinaryDividend |
May 26, 2023 | $0.044 | OrdinaryDividend |
Apr 26, 2023 | $0.060 | OrdinaryDividend |
Mar 29, 2023 | $0.060 | OrdinaryDividend |
Feb 24, 2023 | $0.048 | OrdinaryDividend |
Jan 27, 2023 | $0.060 | OrdinaryDividend |
Nov 28, 2022 | $0.060 | OrdinaryDividend |
Oct 27, 2022 | $0.020 | OrdinaryDividend |
Aug 29, 2022 | $0.035 | OrdinaryDividend |
Jul 27, 2022 | $0.034 | OrdinaryDividend |
Jun 28, 2022 | $0.017 | OrdinaryDividend |
May 26, 2022 | $0.030 | OrdinaryDividend |
Apr 27, 2022 | $0.032 | OrdinaryDividend |
Mar 29, 2022 | $0.030 | OrdinaryDividend |
Feb 24, 2022 | $0.030 | OrdinaryDividend |
Dec 29, 2021 | $0.040 | OrdinaryDividend |
Nov 26, 2021 | $0.060 | OrdinaryDividend |
Apr 28, 2021 | $0.060 | OrdinaryDividend |
Mar 29, 2021 | $0.060 | OrdinaryDividend |
Feb 24, 2021 | $0.060 | OrdinaryDividend |
Jan 27, 2021 | $0.060 | OrdinaryDividend |
GWSVX - Fund Manager Analysis
Managers
Daniel Miller
Start Date
Tenure
Tenure Rank
Jan 01, 2012
10.42
10.4%
Dan is Executive Vice President of Gabelli Funds, and a member of the investment team for the closed-end and separate accounts business. He is also Managing Director of GAMCO Asset Management. Dan joined Gabelli after graduating magna Cum Laude from the University of Miami, and has held various investment and management positions at the firm. Dan joined Gabelli after graduating magna Cum Laude from the University of Miami, and has held various investment and management positions at the firm.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 38.44 | 7.24 | 5.78 |