Name
As of 12/15/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$23.7 M
Holdings in Top 10
29.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.66%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 34.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/15/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ESGJX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency None
- Net Income Ratio 0.70%
- Dividend Yield 2.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGabelli SRI Fund, Inc.
-
Fund Family NameGabelli
-
Inception DateJun 01, 2007
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Desmarais
Fund Description
The Fund seeks to achieve its objective by investing substantially all, and in any case, no less than 80% of its assets in common stocks and preferred stocks of companies that meet the Fund’s guidelines for social responsibility at the time of investment. The Fund may also invest in foreign securities and in securities that are convertible into common stocks. The Fund focuses on investments in companies whose securities appear to be underpriced relative to their private market value (“PMV”), which is the value the Fund’s investment adviser, Gabelli Funds, LLC (the “Adviser”), believes informed investors would be willing to pay for a company. There can be no assurance that the Fund will be able to achieve its investment objective.
Socially Responsible Investing. The Adviser employs a social screening overlay process on a pro-active basis at the time of investment to identify companies that meet the Fund’s social guidelines. Pursuant to these guidelines, the Fund will not invest in companies that derive more than 10% of their revenues from the following areas: tobacco, cannabis, alcohol, gambling, or weapons production. The Adviser will monitor each holding of a socially responsible company on a continuous basis to ensure its compliance with the Fund’s social guidelines. Securities that no longer meet these guidelines will be sold within a reasonable period of time after the Adviser makes such a determination. Securities may also be sold if the Adviser believes the securities no longer appear to be underpriced relative to their PMV.
After identifying companies that satisfy these social criteria, the Adviser then will invest in securities of companies that the Adviser believes are trading at a material discount to PMV. The Adviser will monitor each holding on a regular basis to ensure its compliance with the Fund’s guidelines. Securities that no longer meet these guidelines will be sold within a reasonable period of time after the Adviser makes such a determination. Securities may also be sold if the Adviser believes the securities no longer appear to be underpriced relative to their PMV, or if there is a change to an underlying industry or company that the Adviser believes may negatively affect the value of such securities.
The Fund may also use the following investment technique:
| ● | Lower Grade Convertible Debt Securities. The Fund will normally purchase only investment grade, convertible debt securities having a rating of, or equivalent to, at least “BBB” (which securities may have speculative characteristics) by Standard & Poor’s (“S&P”) or, if unrated, judged by the Adviser to be of comparable quality. However, on occasion when the Adviser deems appropriate, the Fund may also invest up to 25% of its assets in more speculative convertible debt securities, provided such securities have a rating of, or equivalent to, at least an S&P rating of “B.” |
ESGJX - Performance
Return Ranking - Trailing
| Period | ESGJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -47.2% | 13.8% | 77.43% |
| 1 Yr | N/A | -38.4% | 44.8% | 98.89% |
| 3 Yr | N/A* | -15.0% | 26.9% | 97.40% |
| 5 Yr | N/A* | -8.9% | 106.7% | 97.35% |
| 10 Yr | N/A* | 0.2% | 20.6% | 97.82% |
* Annualized
Return Ranking - Calendar
| Period | ESGJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -42.6% | 47.4% | 99.68% |
| 2022 | -22.7% | -56.3% | -4.2% | 63.38% |
| 2021 | 4.4% | -27.2% | 53.7% | 87.12% |
| 2020 | 4.2% | -36.2% | 2181.7% | 84.67% |
| 2019 | 6.1% | -22.7% | 40.4% | 97.34% |
Total Return Ranking - Trailing
| Period | ESGJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -47.2% | 13.8% | 77.43% |
| 1 Yr | N/A | -38.4% | 44.8% | 98.89% |
| 3 Yr | N/A* | -15.0% | 26.9% | 97.40% |
| 5 Yr | N/A* | -8.9% | 106.7% | 97.35% |
| 10 Yr | N/A* | 0.2% | 20.6% | 97.82% |
* Annualized
Total Return Ranking - Calendar
| Period | ESGJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -5.0% | 47.4% | 99.76% |
| 2022 | -18.7% | -36.8% | -2.2% | 60.10% |
| 2021 | 22.0% | 3.0% | 124.3% | 89.08% |
| 2020 | 13.4% | -15.8% | 2266.0% | 74.01% |
| 2019 | 25.0% | -0.4% | 241.3% | 87.84% |
NAV & Total Return History
ESGJX - Holdings
Concentration Analysis
| ESGJX | Category Low | Category High | ESGJX % Rank | |
|---|---|---|---|---|
| Net Assets | 23.7 M | 2.34 M | 1.55 T | 97.02% |
| Number of Holdings | 119 | 1 | 4053 | 46.47% |
| Net Assets in Top 10 | 7.15 M | 885 K | 387 B | 97.49% |
| Weighting of Top 10 | 29.70% | 0.3% | 112.0% | 74.31% |
Top 10 Holdings
- Nestle SA 4.00%
- Sony Group Corp 3.64%
- Xylem Inc/NY 3.49%
- CNH Industrial NV 3.09%
- SP Global Inc 3.01%
- Mondelez International Inc 3.01%
- NextEra Energy Inc 2.75%
- American Express Co 2.57%
- Unilever PLC 2.19%
- ABB Ltd 1.95%
Asset Allocation
| Weighting | Return Low | Return High | ESGJX % Rank | |
|---|---|---|---|---|
| Stocks | 98.22% | 0.00% | 124.03% | 65.86% |
| Bonds | 0.90% | -0.50% | 93.78% | 2.83% |
| Cash | 0.88% | 0.00% | 99.06% | 58.71% |
| Preferred Stocks | 0.00% | 0.00% | 2.38% | 56.51% |
| Other | 0.00% | -13.91% | 100.00% | 71.98% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 54.33% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ESGJX % Rank | |
|---|---|---|---|---|
| Financial Services | 19.97% | 0.00% | 55.59% | 7.91% |
| Industrials | 19.15% | 0.00% | 29.90% | 2.56% |
| Healthcare | 11.57% | 0.00% | 60.70% | 89.22% |
| Technology | 10.89% | 0.00% | 48.94% | 94.81% |
| Consumer Defense | 10.59% | 0.00% | 47.71% | 11.98% |
| Communication Services | 9.70% | 0.00% | 27.94% | 21.09% |
| Consumer Cyclical | 8.13% | 0.00% | 30.33% | 80.83% |
| Basic Materials | 5.07% | 0.00% | 25.70% | 11.26% |
| Utilities | 4.51% | 0.00% | 20.91% | 10.54% |
| Real Estate | 0.42% | 0.00% | 31.91% | 84.27% |
| Energy | 0.00% | 0.00% | 41.64% | 93.69% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ESGJX % Rank | |
|---|---|---|---|---|
| US | 82.34% | 0.00% | 124.03% | 96.15% |
| Non US | 15.88% | 0.00% | 62.81% | 1.02% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | ESGJX % Rank | |
|---|---|---|---|---|
| Derivative | 0.00% | -3.07% | 18.04% | 67.14% |
| Cash & Equivalents | 0.00% | 0.00% | 100.00% | 91.35% |
| Securitized | 0.00% | 0.00% | 52.16% | 53.62% |
| Corporate | 0.00% | 0.00% | 100.00% | 58.88% |
| Municipal | 0.00% | 0.00% | 2.10% | 53.13% |
| Government | 0.00% | 0.00% | 100.00% | 54.93% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | ESGJX % Rank | |
|---|---|---|---|---|
| US | 0.90% | -0.50% | 93.78% | 2.83% |
| Non US | 0.00% | 0.00% | 10.46% | 52.59% |
ESGJX - Expenses
Operational Fees
| ESGJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.66% | 0.01% | 16.07% | 1.74% |
| Management Fee | 1.00% | 0.00% | 1.89% | 97.56% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 92.79% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| ESGJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 60.80% |
Trading Fees
| ESGJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 0.25% | 2.00% | 45.65% |
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.
| ESGJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 34.00% | 0.00% | 496.00% | 62.48% |
ESGJX - Distributions
Dividend Yield Analysis
| ESGJX | Category Low | Category High | ESGJX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.18% | 0.00% | 25.84% | 22.97% |
Dividend Distribution Analysis
| ESGJX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Monthly | Annual |
Net Income Ratio Analysis
| ESGJX | Category Low | Category High | ESGJX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.70% | -54.00% | 6.06% | 49.44% |
Capital Gain Distribution Analysis
| ESGJX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 28, 2023 | $0.443 | OrdinaryDividend |
| Nov 28, 2022 | $0.540 | OrdinaryDividend |
ESGJX - Fund Manager Analysis
Managers
Christopher Desmarais
Start Date
Tenure
Tenure Rank
Jun 01, 2007
15.01
15.0%
Mr. Christopher C. Desmarais, a portfolio manager for the Gabelli Funds, LLC, is a Managing Director of GAMCO Asset Management Inc. (“GAMCO”), another wholly owned subsidiary of GBL, as well as its Director of Socially Responsive Investments. Since joining GAMCO in 1993, Mr. Desmarais has been actively involved in expanding GBL’s capabilities and involvement in the field of Socially Responsible Investing. He is the Chair of the Charles F. Dolan School of Business Advisory Council at Fairfield University. Mr. Desmarais is a graduate of Fairfield University with a B.A. in Economics.
Christopher Marangi
Start Date
Tenure
Tenure Rank
Oct 05, 2011
10.66
10.7%
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
Kevin Dreyer
Start Date
Tenure
Tenure Rank
Oct 05, 2011
10.66
10.7%
Mr. Dreyer, a Managing Director of GBL and Co-Chief Investment Officer of GBL’s Value Team, manages a portion of the Fund’s assets. He joined GBL in 2005 as a research analyst. Mr. Dreyer currently serves as a portfolio manager for the Adviser managing several funds within the Gabelli/GAMCO Fund Complex and GAMCO on its institutional and high net worth separate accounts team. Mr. Dreyer holds a M.B.A. from Columbia Business School and a B.S.E. from the University of Pennsylvania.
Melody Bryant
Start Date
Tenure
Tenure Rank
Feb 01, 2019
3.33
3.3%
Ms. Melody Bryant joined GAMCO Investors, Inc. in September 2018. She has almost thirty years of experience as a portfolio manager. Most recently, Ms. Bryant was a managing director and chief investment officer for Trevor, Stewart, Burton & Jacobsen Inc., a New York based registered investment adviser. She has held senior and portfolio management positions at Neuberger Berman, LLC, John A. Levin & Co., and Kempner Asset Management.
Ian Lapey
Start Date
Tenure
Tenure Rank
Feb 01, 2019
3.33
3.3%
Mr. Ian Lapey was most recently a Research Analyst and Partner at Moerus Capital Management LLC. Prior to joining Moerus, he was a Partner, Research Analyst, and Portfolio Manager at Third Avenue Management. Prior to joining Third Avenue in 2001, Mr. Lapey held equity research analyst positions at Credit Suisse First Boston and Salomon Brothers. Mr. Lapey holds a B.A. in Economics from Williams College, a Masters in Accounting from Northeastern University, and an M.B.A. in Finance and Statistics from the Stern School of Business at New York University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.23 | 2.42 |