GLDAX: Gabelli Gold A

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GLDAX Gabelli Gold A


Profile

GLDAX - Profile

Vitals

  • YTD Return 3.2%
  • 3 Yr Annualized Return 4.1%
  • 5 Yr Annualized Return 7.8%
  • Net Assets $313 M
  • Holdings in Top 10 57.4%

52 WEEK LOW AND HIGH

$17.27
$11.49
$17.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.56%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 6.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return 3.2%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 8.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.44%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

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

Fund Description

The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of foreign and domestic issuers principally engaged in gold related activities and gold bullion. It focuses on stocks that are undervalued, but which appear to have favorable prospects for growth. Because most of the world's gold production is outside of the United States, the advisor expects that a significant portion of the fund's assets may be invested in securities of foreign issuers, including those located in emerging markets.


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Categories

Performance

GLDAX - Performance

Return Ranking - Trailing

Period GLDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -28.0% 4.6% 17.09%
1 Yr 33.9% -53.6% 37.2% 11.50%
3 Yr 4.1%* -33.7% 79.3% 27.62%
5 Yr 7.8%* -20.0% 44.9% 9.00%
10 Yr N/A* -12.8% 8.3% 35.37%

* Annualized

Return Ranking - Calendar

Period GLDAX Return Category Return Low Category Return High Rank in Category (%)
2019 42.7% -25.1% 52.1% 13.27%
2018 -15.1% -46.3% -1.6% 26.61%
2017 5.6% -39.4% 19.1% 54.29%
2016 50.1% 3.4% 50.2% 2.97%
2015 -17.8% -31.0% 0.0% 16.00%

Total Return Ranking - Trailing

Period GLDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -28.0% 4.6% 17.09%
1 Yr 33.9% -53.6% 37.2% 11.50%
3 Yr 4.5%* -33.7% 79.3% 25.71%
5 Yr 8.6%* -15.5% 44.9% 12.00%
10 Yr N/A* -12.8% 9.6% 50.00%

* Annualized

Total Return Ranking - Calendar

Period GLDAX Return Category Return Low Category Return High Rank in Category (%)
2019 42.7% -25.1% 52.1% 13.27%
2018 -14.8% -46.3% -1.6% 27.52%
2017 6.2% -9.5% 22.7% 59.05%
2016 53.6% 4.1% 73.0% 10.89%
2015 -17.8% -31.0% 0.6% 19.00%

NAV & Total Return History


Holdings

GLDAX - Holdings

Concentration Analysis

GLDAX Category Low Category High GLDAX % Rank
Net Assets 313 M 9.06 M 1.79 B 54.70%
Number of Holdings 59 21 328 51.28%
Net Assets in Top 10 156 M 3.41 M 1.15 B 51.28%
Weighting of Top 10 57.43% 15.2% 72.8% 28.21%

Top 10 Holdings

  1. Barrick Gold Corp 8.38%
  2. Newmont Goldcorp Corp 7.57%
  3. Franco-Nevada Corp 7.20%
  4. Agnico Eagle Mines Ltd 6.86%
  5. Newcrest Mining Ltd 6.14%
  6. Wheaton Precious Metals Corp 5.07%
  7. Alamos Gold Inc 4.84%
  8. Wesdome Gold Mines Ltd 4.13%
  9. Detour Gold Corp 3.78%
  10. Kirkland Lake Gold Ltd 3.46%

Asset Allocation

Weighting Return Low Return High GLDAX % Rank
Stocks
99.83% 65.27% 99.83% 3.42%
Cash
0.16% -1.13% 25.13% 97.44%
Preferred Stocks
0.00% 0.00% 0.00% 57.26%
Other
0.00% -1.94% 22.03% 68.38%
Convertible Bonds
0.00% 0.00% 0.53% 60.68%
Bonds
0.00% 0.00% 9.59% 64.10%

Stock Sector Breakdown

Weighting Return Low Return High GLDAX % Rank
Basic Materials
100.00% 0.32% 100.00% 14.53%
Utilities
0.00% 0.00% 34.60% 64.96%
Technology
0.00% 0.00% 21.03% 73.50%
Real Estate
0.00% 0.00% 1.53% 61.54%
Industrials
0.00% 0.00% 48.25% 79.49%
Healthcare
0.00% 0.00% 31.36% 62.39%
Financial Services
0.00% 0.00% 7.43% 59.83%
Energy
0.00% 0.00% 77.76% 81.20%
Communication Services
0.00% 0.00% 3.26% 58.97%
Consumer Defense
0.00% 0.00% 8.72% 68.38%
Consumer Cyclical
0.00% 0.00% 16.24% 72.65%

Stock Geographic Breakdown

Weighting Return Low Return High GLDAX % Rank
Non US
89.55% 2.12% 93.76% 11.11%
US
10.28% 3.11% 97.48% 83.76%

Expenses

GLDAX - Expenses

Operational Fees

GLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.56% 0.47% 3.33% 35.04%
Management Fee 1.00% 0.00% 1.25% 90.60%
12b-1 Fee 0.25% 0.00% 1.00% 36.49%
Administrative Fee N/A 0.03% 0.45% N/A

Sales Fees

GLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 17.86%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.50% 2.00% 44.44%

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.

GLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 6.00% 166.90% 3.54%

Distributions

GLDAX - Distributions

Dividend Yield Analysis

GLDAX Category Low Category High GLDAX % Rank
Dividend Yield 0.00% 0.00% 4.03% 60.68%

Dividend Distribution Analysis

GLDAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

GLDAX Category Low Category High GLDAX % Rank
Net Income Ratio -0.44% -1.89% 4.18% 77.78%

Capital Gain Distribution Analysis

GLDAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

GLDAX - Fund Manager Analysis

Managers

Caesar Bryan


Start Date

Tenure

Tenure Rank

Jul 11, 1994

25.58

25.6%

Mr. Bryan is a Senior Vice President and Portfolio Manager with GAMCO Asset Management Inc., a wholly owned subsidiary of GBL. Mr. Bryan has also been a Co-Lead Portfolio Manager of GAMCO Global Gold, Natural Resources & Income Trust since March 2005 and The GAMCO Natural Resources, Gold & Income Trust since January 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 32.01 9.36 1.34