Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.5%
1 yr return
13.9%
3 Yr Avg Return
-4.9%
5 Yr Avg Return
2.5%
Net Assets
$60.7 M
Holdings in Top 10
53.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.90%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GTCAX - Profile
Distributions
- YTD Total Return 2.5%
- 3 Yr Annualized Total Return -4.9%
- 5 Yr Annualized Total Return 2.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.30%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGABELLI GLOBAL CONTENT & CONNECTIVITY FUND
-
Fund Family NameGabelli Fund Complex
-
Inception DateApr 02, 2001
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEvan Miller
Fund Description
Under normal market conditions, the Global Content & Connectivity Fund will invest its net assets in common stocks of companies in the telecommunications, media, and information technology industries which Gabelli Funds, LLC, the Global Content & Connectivity Fund’s investment adviser (the “Adviser”), believes are likely to have rapid growth in revenues and earnings and potential for above average capital appreciation or are undervalued. The Global Content & Connectivity Fund invests primarily in common stocks of foreign and domestic small capitalization, mid capitalization, and large capitalization issuers. As a “global” fund, the Global Content & Connectivity Fund invests in securities of issuers, or related investments thereof, located in at least three countries, and at least 40% of the Global Content & Connectivity Fund’s total net assets is invested in securities of non-U.S. issuers or related investments thereof. In selecting investments, the Adviser also considers the market price of the issuer’s securities, its balance sheet characteristics and the perceived strength of its management. In accordance with its existing concentration policy, the Global Content & Connectivity Fund will continue to invest at least 25% of the value of its total assets in the telecommunications-related industry, and not invest more than 25% of the value of its total assets in any other particular industry.
The companies in which the Global Content & Connectivity Fund may invest are engaged in the following products, services, or activities: telecommunications services (including data, video, voice, advanced IP-based services, corporate networking solutions, messaging and other communication and connectivity applications based on established and emerging technologies); telecommunications infrastructure and equipment; media & entertainment (including television; radio; cable networks; filmed, live, and digital entertainment; advertising; publishing; emerging forms of digital and interactive content; eSports; and eGaming); consumer electronics; e-commerce & information technology (including Internet software and services; application, systems, and home entertainment software; IT consulting, data processing, and technology hardware and equipment). Additional cross-industry investment focus areas include: cloud computing, The Internet of Things (“IoT”) (including solutions related to connected vehicle, connected home, smart city, smart grid), Big Data, artificial intelligence, machine learning, robotics, cybersecurity, virtual reality, augmented reality, digital convergence, biometric and wearable devices, eHealth, eGovernment, financial technology, over-the-top (“OTT”) content and applications, and software-as-a-service (“SaaS”).
GTCAX - Performance
Return Ranking - Trailing
Period | GTCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.5% | -12.7% | 13.1% | 56.25% |
1 Yr | 13.9% | -2.8% | 43.4% | 53.13% |
3 Yr | -4.9%* | -12.1% | 3.1% | 53.13% |
5 Yr | 2.5%* | -4.6% | 12.9% | 56.25% |
10 Yr | 2.1%* | -1.1% | 13.1% | 72.73% |
* Annualized
Return Ranking - Calendar
Period | GTCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.5% | -2.0% | 57.1% | 46.88% |
2022 | -30.2% | -49.3% | -19.8% | 43.75% |
2021 | -1.4% | -15.7% | 24.1% | 71.88% |
2020 | 13.0% | -0.5% | 46.0% | 53.13% |
2019 | 8.7% | -4.8% | 36.4% | 67.74% |
Total Return Ranking - Trailing
Period | GTCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.5% | -12.7% | 13.1% | 56.25% |
1 Yr | 13.9% | -2.8% | 43.4% | 53.13% |
3 Yr | -4.9%* | -12.1% | 3.1% | 53.13% |
5 Yr | 2.5%* | -4.6% | 12.9% | 56.25% |
10 Yr | 2.1%* | -1.1% | 13.1% | 72.73% |
* Annualized
Total Return Ranking - Calendar
Period | GTCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.8% | -1.2% | 57.1% | 46.88% |
2022 | -28.6% | -40.6% | -16.8% | 50.00% |
2021 | 5.2% | -3.8% | 25.7% | 81.25% |
2020 | 16.4% | 0.3% | 53.8% | 75.00% |
2019 | 15.6% | 12.3% | 40.1% | 77.42% |
NAV & Total Return History
GTCAX - Holdings
Concentration Analysis
GTCAX | Category Low | Category High | GTCAX % Rank | |
---|---|---|---|---|
Net Assets | 60.7 M | 1.87 M | 18.1 B | 81.25% |
Number of Holdings | 48 | 23 | 120 | 34.38% |
Net Assets in Top 10 | 31.6 M | 1.1 M | 12.7 B | 81.25% |
Weighting of Top 10 | 53.81% | 38.1% | 84.1% | 87.50% |
Top 10 Holdings
- T-Mobile US Inc 10.37%
- Alphabet Inc 7.67%
- Meta Platforms Inc 7.23%
- SoftBank Group Corp 6.08%
- Prosus NV 5.58%
- Microsoft Corp 3.84%
- Comcast Corp 3.73%
- Deutsche Telekom AG 3.68%
- Anterix Inc 2.84%
- Frontier Communications Parent Inc 2.80%
Asset Allocation
Weighting | Return Low | Return High | GTCAX % Rank | |
---|---|---|---|---|
Stocks | 98.32% | 93.49% | 99.93% | 71.88% |
Preferred Stocks | 1.07% | 0.00% | 2.36% | 21.88% |
Bonds | 0.67% | 0.00% | 4.06% | 15.63% |
Other | 0.00% | -0.03% | 1.01% | 84.38% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 71.88% |
Cash | 0.00% | 0.00% | 10.49% | 100.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GTCAX % Rank | |
---|---|---|---|---|
Communication Services | 81.36% | 21.07% | 100.00% | 68.75% |
Technology | 8.33% | 0.00% | 68.78% | 43.75% |
Financial Services | 6.60% | 0.00% | 6.60% | 12.50% |
Real Estate | 2.52% | 0.00% | 12.57% | 25.00% |
Consumer Cyclical | 1.19% | 0.00% | 14.61% | 43.75% |
Utilities | 0.00% | 0.00% | 0.00% | 71.88% |
Industrials | 0.00% | 0.00% | 2.78% | 81.25% |
Healthcare | 0.00% | 0.00% | 0.00% | 71.88% |
Energy | 0.00% | 0.00% | 2.38% | 71.88% |
Consumer Defense | 0.00% | 0.00% | 0.00% | 71.88% |
Basic Materials | 0.00% | 0.00% | 0.00% | 71.88% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GTCAX % Rank | |
---|---|---|---|---|
US | 71.30% | 71.30% | 99.93% | 100.00% |
Non US | 27.02% | 0.00% | 27.91% | 15.63% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GTCAX % Rank | |
---|---|---|---|---|
Derivative | 0.00% | -0.03% | 0.01% | 75.00% |
Cash & Equivalents | 0.00% | 0.00% | 10.49% | 90.63% |
Securitized | 0.00% | 0.00% | 0.00% | 71.88% |
Corporate | 0.00% | 0.00% | 56.17% | 71.88% |
Municipal | 0.00% | 0.00% | 0.00% | 71.88% |
Government | 0.00% | 0.00% | 0.00% | 71.88% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GTCAX % Rank | |
---|---|---|---|---|
US | 0.67% | 0.00% | 4.06% | 15.63% |
Non US | 0.00% | 0.00% | 0.00% | 71.88% |
GTCAX - Expenses
Operational Fees
GTCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.90% | 0.08% | 5.28% | 15.63% |
Management Fee | 1.00% | 0.03% | 1.00% | 100.00% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 42.86% |
Administrative Fee | N/A | 0.15% | 0.25% | N/A |
Sales Fees
GTCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 50.00% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
GTCAX 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.
GTCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 13.00% | 75.00% | 44.44% |
GTCAX - Distributions
Dividend Yield Analysis
GTCAX | Category Low | Category High | GTCAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.31% | 0.00% | 7.19% | 81.25% |
Dividend Distribution Analysis
GTCAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
GTCAX | Category Low | Category High | GTCAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.30% | -1.39% | 2.76% | 25.00% |
Capital Gain Distribution Analysis
GTCAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.060 | OrdinaryDividend |
Dec 28, 2022 | $0.348 | OrdinaryDividend |
Dec 27, 2018 | $0.106 | OrdinaryDividend |
Dec 27, 2017 | $0.137 | OrdinaryDividend |
Dec 28, 2016 | $0.094 | OrdinaryDividend |
Dec 29, 2015 | $0.269 | OrdinaryDividend |
Dec 23, 2013 | $0.370 | OrdinaryDividend |
Dec 27, 2012 | $0.374 | OrdinaryDividend |
Dec 28, 2011 | $0.442 | OrdinaryDividend |
Dec 29, 2010 | $0.367 | OrdinaryDividend |
Dec 29, 2009 | $0.364 | OrdinaryDividend |
Dec 29, 2008 | $0.327 | OrdinaryDividend |
Dec 27, 2007 | $0.230 | OrdinaryDividend |
Dec 27, 2006 | $0.150 | OrdinaryDividend |
GTCAX - Fund Manager Analysis
Managers
Evan Miller
Start Date
Tenure
Tenure Rank
May 01, 2002
20.1
20.1%
Miller has served as associate portfolio manager and has been a research analyst with the Gabelli since 2002. Prior to that, he worked as a consultant in the telecommunications industry from 2001 to 2002 and was a vice president of Business Development for Viatel from 1999 to 2001. Miller holds the Chartered Financial Analyst designation.
Sergey Dluzhevskiy
Start Date
Tenure
Tenure Rank
May 01, 2006
16.09
16.1%
Mr. Sergey Dluzhevskiy, CFA, CPA, is an associate portfolio manager. Mr. Dluzhevskiy joined GBL in 2005 as a research analyst covering the North American telecommunications industry. Currently, he continues to specialize in the industry and also serves as a portfolio manager. Mr. Dluzhevskiy manages a portion of the assets of the Fund. Prior to 2005, Mr. Dluzhevskiy was a senior accountant at Deloitte & Touche (1999-2003). Mr. Dluzhevskiy attended the Wharton School, University of Pennsylvania (2003-2005) where he received his MBA in Finance and Accounting. Dluzhevskiy holds the Certified Public Accountant designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
1.79 | 24.18 | 10.51 | 3.5 |