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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Gabelli ESG Fund

ESGJX | Fund

$11.00

$33 M

2.13%

$0.23

0.90%

Vitals

YTD Return

7.8%

1 yr return

-10.6%

3 Yr Avg Return

-3.7%

5 Yr Avg Return

-6.2%

Net Assets

$33 M

Holdings in Top 10

33.4%

52 WEEK LOW AND HIGH

$11.0
$9.37
$12.59

Expenses

OPERATING FEES

Expense Ratio 0.90%

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

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Gabelli ESG Fund

ESGJX | Fund

$11.00

$33 M

2.13%

$0.23

0.90%

ESGJX - Profile

Distributions

  • YTD Total Return 7.8%
  • 3 Yr Annualized Total Return -3.7%
  • 5 Yr Annualized Total Return -6.2%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 0.70%
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Gabelli ESG Fund
  • Fund Family Name
    Gabelli
  • Inception Date
    Jun 01, 2007
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher 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 and preferred stocks of companies that meet the Fund’s guidelines for social responsibility at the time of investment. Under normal market conditions, the Fund invests its assets in stocks that are listed on a recognized securities exchange or similar market, such as the National Market System of the Financial Industry Regulatory Authority, Inc. (“FINRA”). The Fund may also invest in foreign securities, including those in emerging markets, and in securities that are convertible into common stocks. The Fund focuses on investments in companies whose securities are trading at a material discount to their private market value (“PMV”). PMV is the value the Adviser believes informed investors would be willing to pay for a company.
Socially Responsible Criteria. The Fund combines a differentiated, value oriented investment philosophy with social screens and a holistic ESG (Environmental, Social, Governance) analysis to deliver returns in a socially responsive manner. The Adviser employs a social screening overlay process at the time of investment to identify companies that meet the Fund’s social guidelines. Pursuant to the guidelines, the Fund will not invest in publicly traded fossil fuel (coal, oil, and gas) companies, the top 50 defense/ weapons contractors, or in companies that derive more than 5% of their revenues from the following areas: tobacco, alcohol, gaming, and defense/weapons production.  
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”.  
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ESGJX - Performance

Return Ranking - Trailing

Period ESGJX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -51.8% 22.5% 62.43%
1 Yr -10.6% -62.0% 46.9% 58.32%
3 Yr -3.7%* -27.8% 190.6% 86.58%
5 Yr -6.2%* -28.9% 94.8% 92.41%
10 Yr -0.3%* -16.6% 38.0% 85.14%

* Annualized

Return Ranking - Calendar

Period ESGJX Return Category Return Low Category Return High Rank in Category (%)
2022 -22.7% -69.4% 53.7% 65.31%
2021 2.2% -94.0% 152.6% 87.67%
2020 1.4% -13.9% 183.6% 85.73%
2019 1.5% -18.2% 8.9% 93.01%
2018 -5.0% -80.2% 35.2% 87.79%

Total Return Ranking - Trailing

Period ESGJX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -97.2% 22.5% 62.43%
1 Yr -10.6% -62.0% 67.6% 59.07%
3 Yr -3.7%* -27.8% 190.6% 86.89%
5 Yr -6.2%* -27.8% 94.8% 94.89%
10 Yr 0.9%* -11.6% 38.0% 91.63%

* Annualized

Total Return Ranking - Calendar

Period ESGJX Return Category Return Low Category Return High Rank in Category (%)
2022 -22.7% -69.4% 53.7% 65.31%
2021 2.2% -94.0% 152.6% 87.67%
2020 1.4% -13.9% 183.6% 85.73%
2019 1.5% -12.8% 8.9% 93.01%
2018 -5.0% -60.0% 35.2% 94.16%

NAV & Total Return History


ESGJX - Holdings

Concentration Analysis

ESGJX Category Low Category High ESGJX % Rank
Net Assets 33 M 38 K 1.21 T 89.57%
Number of Holdings 133 1 4154 44.18%
Net Assets in Top 10 12.1 M 1.74 K 270 B 87.14%
Weighting of Top 10 33.39% 1.8% 100.0% 41.08%

Top 10 Holdings

  1. CNH Industrial NV 4.71%
  2. NextEra Energy Inc 4.31%
  3. Alphabet Inc Class A 3.82%
  4. Conagra Brands Inc 3.60%
  5. Nestle SA 3.59%
  6. Nestle SA 3.59%
  7. Nestle SA 3.59%
  8. Nestle SA 3.59%
  9. Nestle SA 3.59%
  10. Nestle SA 3.59%

Asset Allocation

Weighting Return Low Return High ESGJX % Rank
Stocks
95.69% 0.00% 130.24% 90.93%
Cash
4.31% -102.29% 100.00% 8.12%
Preferred Stocks
0.00% 0.00% 2.23% 86.20%
Other
0.00% -13.91% 134.98% 85.39%
Convertible Bonds
0.00% 0.00% 5.54% 84.24%
Bonds
0.00% -0.04% 95.81% 84.51%

Stock Sector Breakdown

Weighting Return Low Return High ESGJX % Rank
Financial Services
19.97% 0.00% 55.59% 8.09%
Industrials
19.15% 0.00% 29.90% 3.02%
Healthcare
11.57% 0.00% 60.70% 87.93%
Technology
10.89% 0.00% 48.94% 93.76%
Consumer Defense
10.59% 0.00% 49.14% 12.62%
Communication Services
9.70% 0.00% 27.94% 21.81%
Consumer Cyclical
8.13% 0.00% 50.47% 80.59%
Basic Materials
5.07% 0.00% 26.10% 11.93%
Utilities
4.51% 0.00% 25.44% 12.07%
Real Estate
0.42% 0.00% 37.52% 82.85%
Energy
0.00% 0.00% 41.64% 97.53%

Stock Geographic Breakdown

Weighting Return Low Return High ESGJX % Rank
US
63.31% 0.00% 127.77% 98.24%
Non US
32.38% 0.00% 33.69% 0.54%

ESGJX - Expenses

Operational Fees

ESGJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 3.53% 35.58%
Management Fee 1.00% 0.00% 2.00% 97.92%
12b-1 Fee 1.00% 0.00% 1.00% 96.47%
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 0.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 85.47%

Trading Fees

ESGJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.25% 2.00% 46.55%

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% 61.35%

ESGJX - Distributions

Dividend Yield Analysis

ESGJX Category Low Category High ESGJX % Rank
Dividend Yield 2.13% 0.00% 14.76% 92.17%

Dividend Distribution Analysis

ESGJX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

ESGJX Category Low Category High ESGJX % Rank
Net Income Ratio 0.70% -54.00% 6.06% 49.56%

Capital Gain Distribution Analysis

ESGJX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

Distributions History

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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 7.12 2.42