Gabelli Media Mogul Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-5.0%
1 yr return
0.3%
3 Yr Avg Return
-11.9%
5 Yr Avg Return
-4.6%
Net Assets
$4.15 M
Holdings in Top 10
62.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 5.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$5,000
IRA
$5,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MOGLX - Profile
Distributions
- YTD Total Return -5.0%
- 3 Yr Annualized Total Return -11.9%
- 5 Yr Annualized Total Return -4.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.25%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGabelli Media Mogul Fund
-
Fund Family NameGabelli Fund Complex
-
Inception DateDec 01, 2016
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Marangi
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in the media industry. Media industry companies are companies that are primarily engaged in the production, sale and distribution of goods or services used in the media industry. Media industry companies are companies that derive at least 50% of their revenue from the production or distribution of information and entertainment content, and may include television and radio stations, motion picture companies, print publishing and providers of internet content, as well as satellite service providers, cable service providers and advertising service providers. The Fund will specifically invest in companies that were spun-off from Liberty Media Corporation (“Liberty Media”) as constituted in 2001, as well as in companies that resulted from subsequent mergers of any such spin-offs or stocks that track performance of such spin-offs or companies that resulted from subsequent mergers of any such spin-offs, and in public companies in which Liberty Media and its successor companies invest. The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended.
Liberty Media was spun off from AT&T Corporation in August 2001, as an amalgamation of, among others, media and telecommunications related assets. The company’s chairman and largest shareholder since inception has been Dr. John C. Malone. Since 2001, Liberty Media has engaged in a series of spin-offs, split-offs, mergers, and tracking stock issuances. Tracking stocks are generally common stocks issued by a parent company that track performance of a particular division of a company without having claim on the assets of the division or the parent company.
The current investable universe includes U.S. and non-U.S. listed companies in all capitalization ranges in the media industry. The Adviser will weight these securities utilizing factors including, but not limited to the attractiveness of a security’s valuation and the potential for a catalyst or event that might surface underlying value in a particular security.
MOGLX - Performance
Return Ranking - Trailing
| Period | MOGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -5.0% | -14.9% | 10.8% | 71.88% |
| 1 Yr | 0.3% | -8.9% | 42.6% | 62.50% |
| 3 Yr | -11.9%* | -12.7% | 2.7% | 96.88% |
| 5 Yr | -4.6%* | -5.4% | 12.7% | 96.88% |
| 10 Yr | N/A* | -1.1% | 13.0% | N/A |
* Annualized
Return Ranking - Calendar
| Period | MOGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.1% | -2.0% | 57.1% | 62.50% |
| 2022 | -32.0% | -49.3% | -19.8% | 56.25% |
| 2021 | 5.5% | -15.7% | 24.1% | 59.38% |
| 2020 | -0.5% | -0.5% | 46.0% | 100.00% |
| 2019 | 18.5% | -4.8% | 36.4% | 29.03% |
Total Return Ranking - Trailing
| Period | MOGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -5.0% | -14.9% | 10.8% | 71.88% |
| 1 Yr | 0.3% | -8.9% | 42.6% | 62.50% |
| 3 Yr | -11.9%* | -12.7% | 2.7% | 96.88% |
| 5 Yr | -4.6%* | -5.4% | 12.7% | 96.88% |
| 10 Yr | N/A* | -1.1% | 13.0% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | MOGLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.2% | -1.2% | 57.1% | 62.50% |
| 2022 | -31.1% | -40.6% | -16.8% | 59.38% |
| 2021 | 7.7% | -3.8% | 25.7% | 68.75% |
| 2020 | 0.3% | 0.3% | 53.8% | 100.00% |
| 2019 | 18.5% | 12.3% | 40.1% | 67.74% |
NAV & Total Return History
MOGLX - Holdings
Concentration Analysis
| MOGLX | Category Low | Category High | MOGLX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.15 M | 1.87 M | 18.1 B | 88.24% |
| Number of Holdings | 29 | 23 | 120 | 94.12% |
| Net Assets in Top 10 | 2.59 M | 1.1 M | 12.7 B | 88.24% |
| Weighting of Top 10 | 62.49% | 38.1% | 85.3% | 64.71% |
Top 10 Holdings
- Atlanta Braves Holdings Inc 15.84%
- Warner Bros Discovery Inc 6.86%
- Liberty Global Ltd 6.74%
- Liberty Media Corp-Liberty Formula One 6.29%
- Liberty Media Corp-Liberty SiriusXM 5.07%
- Grupo Televisa SAB 4.75%
- Madison Square Garden Sports Corp 4.38%
- Cie de L'Odet SE 4.26%
- Comcast Corp 4.23%
- United States Treasury Bill 4.06%
Asset Allocation
| Weighting | Return Low | Return High | MOGLX % Rank | |
|---|---|---|---|---|
| Stocks | 93.49% | 93.49% | 99.93% | 100.00% |
| Bonds | 4.06% | 0.00% | 4.06% | 2.94% |
| Preferred Stocks | 2.36% | 0.00% | 2.36% | 2.94% |
| Cash | 0.09% | 0.00% | 10.18% | 88.24% |
| Other | 0.00% | 0.00% | 1.01% | 85.29% |
| Convertible Bonds | 0.00% | 0.00% | 1.39% | 73.53% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MOGLX % Rank | |
|---|---|---|---|---|
| Communication Services | 89.82% | 21.07% | 100.00% | 58.82% |
| Financial Services | 3.20% | 0.00% | 6.60% | 14.71% |
| Industrials | 2.78% | 0.00% | 2.78% | 2.94% |
| Technology | 2.10% | 0.00% | 68.78% | 85.29% |
| Consumer Cyclical | 2.10% | 0.00% | 14.61% | 29.41% |
| Utilities | 0.00% | 0.00% | 0.00% | 73.53% |
| Real Estate | 0.00% | 0.00% | 12.57% | 85.29% |
| Healthcare | 0.00% | 0.00% | 0.00% | 73.53% |
| Energy | 0.00% | 0.00% | 2.38% | 76.47% |
| Consumer Defense | 0.00% | 0.00% | 0.72% | 73.53% |
| Basic Materials | 0.00% | 0.00% | 0.00% | 73.53% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MOGLX % Rank | |
|---|---|---|---|---|
| US | 89.23% | 71.30% | 99.93% | 79.41% |
| Non US | 4.26% | 0.00% | 27.91% | 26.47% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MOGLX % Rank | |
|---|---|---|---|---|
| Corporate | 56.17% | 0.00% | 56.17% | 2.94% |
| Derivative | 0.00% | 0.00% | 0.01% | 76.47% |
| Cash & Equivalents | 0.00% | 0.00% | 71.57% | 91.18% |
| Securitized | 0.00% | 0.00% | 0.00% | 73.53% |
| Municipal | 0.00% | 0.00% | 0.00% | 73.53% |
| Government | 0.00% | 0.00% | 0.00% | 73.53% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MOGLX % Rank | |
|---|---|---|---|---|
| US | 4.06% | 0.00% | 4.06% | 2.94% |
| Non US | 0.00% | 0.00% | 0.00% | 73.53% |
MOGLX - Expenses
Operational Fees
| MOGLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 5.28% | 0.08% | 5.28% | 2.94% |
| Management Fee | 1.00% | 0.03% | 1.00% | 100.00% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.10% | 0.25% | N/A |
Sales Fees
| MOGLX 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% | 1.00% | N/A |
Trading Fees
| MOGLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 2.00% | 2.00% | 100.00% |
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.
| MOGLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 13.00% | 75.00% | 48.28% |
MOGLX - Distributions
Dividend Yield Analysis
| MOGLX | Category Low | Category High | MOGLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.99% | 0.00% | 7.21% | 47.06% |
Dividend Distribution Analysis
| MOGLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
| MOGLX | Category Low | Category High | MOGLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.25% | -1.39% | 2.76% | 67.65% |
Capital Gain Distribution Analysis
| MOGLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 28, 2023 | $0.085 | OrdinaryDividend |
| Nov 28, 2022 | $0.111 | OrdinaryDividend |
| Nov 25, 2020 | $0.086 | OrdinaryDividend |
MOGLX - Fund Manager Analysis
Managers
Christopher Marangi
Start Date
Tenure
Tenure Rank
Dec 01, 2016
5.5
5.5%
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 | Category High | Category Average | Category Mode |
|---|---|---|---|
| 1.79 | 24.18 | 9.88 | 3.5 |