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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Gabelli Utilities Fund

GAUAX | Fund

$6.89

$2.13 B

12.19%

$0.84

1.36%

Vitals

YTD Return

0.7%

1 yr return

-10.4%

3 Yr Avg Return

-9.2%

5 Yr Avg Return

-5.2%

Net Assets

$2.13 B

Holdings in Top 10

38.5%

52 WEEK LOW AND HIGH

$6.9
$6.30
$8.24

Expenses

OPERATING FEES

Expense Ratio 1.36%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 3.00%

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 Utilities Fund

GAUAX | Fund

$6.89

$2.13 B

12.19%

$0.84

1.36%

GAUAX - Profile

Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return -9.2%
  • 5 Yr Annualized Total Return -3.4%
  • Capital Gain Distribution Frequency Monthly
  • Net Income Ratio 1.76%
DIVIDENDS
  • Dividend Yield 12.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Gabelli Utilities Fund
  • Fund Family Name
    Gabelli
  • Inception Date
    Dec 31, 2002
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mario Gabelli

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets in securities of domestic or foreign companies that are involved to a substantial extent in providing products, services or equipment for the generation or distribution of electricity, gas, and water and the provision of infrastructure operations or telecommunications services, such as telephone, telegraph, satellite, cable, microwave, radiotelephone, mobile communication and cellular, paging, electronic mail, videotext, voice communications, data communications, and internet and that derive at least 50% of their revenue or earnings from, or devote at least 50% of their assets to, utilities (each, a “Utility Company” and collectively, “Utility Companies”) that the Fund’s investment adviser, Gabelli Funds, LLC (the “Adviser”), believes have the potential to provide either capital appreciation or current income. The Adviser emphasizes quality in selecting utility investments, and looks for companies that have proven dividend records and sound financial structures. Generally, Utility Companies generate relatively predictable streams of revenue and income, and in the view of the Adviser, are likely to pay dividends. For additional information about selection of investments suitable for the Fund, see page 9 of the prospectus.
In selecting investments, the Adviser will consider factors such as: (i) the market price of the issuer’s common stock, earnings expectations, earnings and price histories, balance sheet characteristics, perceived management skills, and the conditions affecting the industry in which the issuer practices; (ii) the level of interest rates, local and national government regulations, the price and availability of materials used in the particular utility, environmental protection or energy conservation regulations, the level of demand for services, and the risks associated with constructing and operating certain kinds of facilities such as nuclear power facilities; (iii) the potential for capital appreciation of the stock; (iv) the dividend income generated by the stock; (v) the prices of the stock relative to other comparable stocks; and (vi) the diversification of the portfolio of the Fund as to issuers. The Adviser will also consider changes in economic and political outlooks as well as individual corporate developments. The Adviser will sell any Fund investments that lose their perceived value relative to other investments in the judgment of the portfolio management team.  
The Fund’s assets will be invested primarily in a broad range of readily marketable dividend paying common stocks in the utilities industry. Although many of these common stocks will pay above average dividends, the Fund will buy stock of those companies whose securities have the potential for their prices to increase, providing either capital appreciation or current income for the Fund. The Fund may also invest in master limited partnerships (“MLPs”).  
The Fund may invest up to 40% of its total assets in securities of non‑U.S. issuers, including in emerging markets.  
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GAUAX - Performance

Return Ranking - Trailing

Period GAUAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -9.1% 11.9% 25.00%
1 Yr -10.4% -21.5% 9.3% 96.88%
3 Yr -9.2%* -18.3% 8.2% 95.31%
5 Yr -5.2%* -13.0% 10.1% 91.80%
10 Yr -4.8%* -10.6% 10.1% 94.34%

* Annualized

Return Ranking - Calendar

Period GAUAX Return Category Return Low Category Return High Rank in Category (%)
2022 -16.3% -26.3% 14.2% 93.75%
2021 2.5% -6.6% 22.0% 64.06%
2020 -4.8% -7.4% 32.5% 87.50%
2019 1.9% -10.8% 8.2% 74.60%
2018 -2.3% -5.1% 16.0% 85.00%

Total Return Ranking - Trailing

Period GAUAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -8.0% 11.9% 25.00%
1 Yr -10.4% -21.5% 10.1% 97.01%
3 Yr -9.2%* -18.3% 8.3% 95.52%
5 Yr -3.4%* -10.5% 10.1% 92.19%
10 Yr 1.8%* -5.2% 10.1% 83.33%

* Annualized

Total Return Ranking - Calendar

Period GAUAX Return Category Return Low Category Return High Rank in Category (%)
2022 -16.3% -26.3% 14.2% 93.75%
2021 2.5% -6.6% 22.0% 64.06%
2020 -4.8% -7.4% 32.5% 87.50%
2019 2.3% -10.8% 8.2% 73.02%
2018 -0.6% -5.1% 16.0% 76.67%

NAV & Total Return History


GAUAX - Holdings

Concentration Analysis

GAUAX Category Low Category High GAUAX % Rank
Net Assets 2.13 B 19.7 M 16.5 B 41.54%
Number of Holdings 228 25 228 4.41%
Net Assets in Top 10 826 M 5.68 K 10.1 B 42.65%
Weighting of Top 10 38.52% 30.3% 65.8% 86.76%

Top 10 Holdings

  1. NextEra Energy Inc 9.01%
  2. National Fuel Gas Co 5.32%
  3. The AES Corp 3.68%
  4. Evergy Inc 3.62%
  5. Eversource Energy 3.21%
  6. Southwest Gas Holdings Inc 3.16%
  7. American Electric Power Co Inc 3.10%
  8. WEC Energy Group Inc 2.69%
  9. PNM Resources Inc 2.43%
  10. Ameren Corp 2.31%

Asset Allocation

Weighting Return Low Return High GAUAX % Rank
Stocks
99.04% 64.54% 137.55% 51.47%
Cash
0.89% -15.47% 10.22% 63.24%
Preferred Stocks
0.07% 0.00% 0.07% 4.41%
Other
0.00% -39.81% 0.00% 88.24%
Convertible Bonds
0.00% 0.00% 0.00% 97.06%
Bonds
0.00% 0.00% 26.16% 97.06%

Stock Sector Breakdown

Weighting Return Low Return High GAUAX % Rank
Utilities
70.62% 50.08% 100.00% 85.29%
Communication Services
11.37% 0.00% 47.17% 10.29%
Energy
10.04% 0.00% 31.61% 22.06%
Industrials
6.00% 0.00% 27.59% 17.65%
Technology
1.08% 0.00% 6.09% 17.65%
Financial Services
0.55% 0.00% 4.98% 16.18%
Basic Materials
0.30% 0.00% 4.68% 14.71%
Healthcare
0.01% 0.00% 3.34% 11.76%
Consumer Defense
0.01% 0.00% 0.56% 10.29%
Real Estate
0.00% 0.00% 13.29% 97.06%
Consumer Cyclical
0.00% 0.00% 2.09% 97.06%

Stock Geographic Breakdown

Weighting Return Low Return High GAUAX % Rank
US
84.81% 17.29% 100.02% 75.00%
Non US
14.23% 0.00% 81.42% 30.88%

GAUAX - Expenses

Operational Fees

GAUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.36% 0.08% 2.45% 25.76%
Management Fee 1.00% 0.03% 1.00% 96.92%
12b-1 Fee 0.25% 0.00% 1.00% 56.25%
Administrative Fee N/A 0.04% 0.26% N/A

Sales Fees

GAUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.00% 5.75% 33.33%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

GAUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 2.00% 2.00% 75.00%

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.

GAUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 3.00% 3.00% 209.00% 6.78%

GAUAX - Distributions

Dividend Yield Analysis

GAUAX Category Low Category High GAUAX % Rank
Dividend Yield 12.19% 0.00% 3.18% 60.29%

Dividend Distribution Analysis

GAUAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

GAUAX Category Low Category High GAUAX % Rank
Net Income Ratio 1.76% 0.31% 7.85% 56.92%

Capital Gain Distribution Analysis

GAUAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Monthly Annually Semi-Annually Annually

Distributions History

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GAUAX - Fund Manager Analysis

Managers

Mario Gabelli


Start Date

Tenure

Tenure Rank

Aug 31, 1999

22.76

22.8%

Mario Gabelli is the Founder, Chairman and Chief Investment Officer. Mr. Gabelli is one of the most respected investors in the United States and is a leading proponent of value investing. His proprietary Private Market Value with a Catalyst™ methodology has become an analytical standard in the value investing community. He holds an MBA from Columbia University Graduate School of Business, and is a summa cum laude BS graduate from Fordham University. Mr. Gabelli is a Chartered Financial Analyst. He is a member of the board of overseers of Columbia University Graduate School of Business.

Timothy Winter


Start Date

Tenure

Tenure Rank

May 01, 2018

4.08

4.1%

Mr. Timothy M. Winter, CFA, joined Gabelli & Company in April of 2009 and covers the utility industry. He has over 20 years’ experience as an equity research analyst covering this industry, including the years 1992-2007 at AG Edwards from where he received industry recognition as a 3 time Wall Street Journal All-Star and was a senior member of the Institutional Investor (I.I.) #1 ranked Electric Utility Team for the years 2001, 2002, 2003, 2004 and 2005. He was most recently recognized in the 2017 Thomson Reuters US Analyst Awards as a “Top Stock Picker” in the gas utility industry. Mr. Winter received his B.A. in Economics in 1991 from Rollins College and M.B.A. in Finance from Notre Dame in 1992.

Justin Bergner


Start Date

Tenure

Tenure Rank

Jul 01, 2021

0.92

0.9%

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.

Brett Kearney


Start Date

Tenure

Tenure Rank

Jul 01, 2021

0.92

0.9%

Brett Kearney joined GAMCO Investors, Inc. as a research analyst in 2017. Mr. Kearney graduated from Washington and Lee University with a BS in Business Administration, and received an MBA from the Value Investing Program at Columbia Business School. He is a Chartered Financial Analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 23.43 10.09 0.92