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Trending ETFs

Name

As of 04/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$5.22

$1.64 B

0.00%

1.37%

Vitals

YTD Return

0.6%

1 yr return

0.0%

3 Yr Avg Return

-7.6%

5 Yr Avg Return

-2.6%

Net Assets

$1.64 B

Holdings in Top 10

21.4%

52 WEEK LOW AND HIGH

$5.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.37%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 12.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 04/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$5.22

$1.64 B

0.00%

1.37%

XGABX - Profile

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return -7.6%
  • 5 Yr Annualized Total Return -2.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.57%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Gabelli Equity Trust Inc
  • Fund Family Name
    Gabelli
  • Inception Date
    Sep 26, 2001
  • Shares Outstanding
    291796036
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gustavo Pifano

Fund Description


XGABX - Performance

Return Ranking - Trailing

Period XGABX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -46.9% 13.9% 94.18%
1 Yr 0.0% -37.9% 45.0% 99.76%
3 Yr -7.6%* -14.8% 27.0% 99.67%
5 Yr -2.6%* -8.9% 107.2% 99.82%
10 Yr 2.3%* 0.2% 20.9% 99.76%

* Annualized

Return Ranking - Calendar

Period XGABX Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -42.6% 47.4% 95.85%
2022 -20.7% -56.3% -4.2% 46.39%
2021 9.4% -27.2% 53.7% 78.73%
2020 -0.3% -36.2% 2181.7% 93.65%
2019 12.0% -22.7% 40.4% 93.08%

Total Return Ranking - Trailing

Period XGABX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -46.9% 13.9% 94.18%
1 Yr 0.0% -37.9% 45.0% 99.76%
3 Yr -7.6%* -14.8% 27.0% 99.67%
5 Yr -2.6%* -8.9% 107.2% 99.82%
10 Yr 2.3%* 0.2% 20.9% 99.76%

* Annualized

Total Return Ranking - Calendar

Period XGABX Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -5.0% 47.4% 99.20%
2022 -20.7% -36.8% -2.2% 85.90%
2021 9.4% 3.0% 124.3% 98.86%
2020 -0.3% -15.8% 2266.0% 98.90%
2019 17.8% -0.4% 241.3% 98.49%

NAV & Total Return History


XGABX - Holdings

Concentration Analysis

XGABX Category Low Category High XGABX % Rank
Net Assets 1.64 B 2.34 M 1.55 T 45.76%
Number of Holdings 753 1 4053 7.38%
Net Assets in Top 10 466 M 885 K 387 B 47.72%
Weighting of Top 10 21.40% 0.3% 112.0% 94.80%

Top 10 Holdings

  1. United States Treasury Bills 0.04% 4.11%
  2. Swedish Match AB 3.47%
  3. Swedish Match AB 3.47%
  4. Swedish Match AB 3.47%
  5. Swedish Match AB 3.47%
  6. Swedish Match AB 3.47%
  7. Swedish Match AB 3.47%
  8. Swedish Match AB 3.47%
  9. Swedish Match AB 3.47%
  10. Swedish Match AB 3.47%

Asset Allocation

Weighting Return Low Return High XGABX % Rank
Stocks
97.36% 0.00% 124.03% 75.82%
Cash
1.97% 0.00% 99.06% 33.12%
Bonds
0.57% -0.50% 93.78% 3.69%
Preferred Stocks
0.08% 0.00% 2.38% 5.02%
Other
0.01% -13.91% 100.00% 33.05%
Convertible Bonds
0.00% 0.00% 5.54% 51.50%

Stock Sector Breakdown

Weighting Return Low Return High XGABX % Rank
Industrials
23.90% 0.00% 29.90% 1.52%
Financial Services
15.36% 0.00% 55.59% 27.16%
Consumer Defense
15.08% 0.00% 47.71% 2.16%
Communication Services
14.01% 0.00% 27.94% 4.63%
Consumer Cyclical
10.84% 0.00% 30.33% 44.09%
Healthcare
6.51% 0.00% 60.70% 97.60%
Basic Materials
4.37% 0.00% 25.70% 17.65%
Technology
4.20% 0.00% 48.94% 99.76%
Energy
2.55% 0.00% 41.64% 73.96%
Real Estate
1.87% 0.00% 31.91% 72.28%
Utilities
1.31% 0.00% 20.91% 75.56%

Stock Geographic Breakdown

Weighting Return Low Return High XGABX % Rank
US
79.73% 0.00% 124.03% 96.55%
Non US
17.63% 0.00% 62.81% 0.78%

Bond Sector Breakdown

Weighting Return Low Return High XGABX % Rank
Cash & Equivalents
75.17% 0.00% 100.00% 5.97%
Government
21.75% 0.00% 100.00% 1.73%
Corporate
3.08% 0.00% 100.00% 10.69%
Derivative
0.00% -3.07% 18.04% 64.39%
Securitized
0.00% 0.00% 52.16% 50.66%
Municipal
0.00% 0.00% 2.10% 50.16%

Bond Geographic Breakdown

Weighting Return Low Return High XGABX % Rank
US
0.57% -0.50% 93.78% 3.69%
Non US
0.00% 0.00% 10.46% 49.61%

XGABX - Expenses

Operational Fees

XGABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.37% 0.01% 16.07% 18.48%
Management Fee 1.00% 0.00% 1.89% 97.08%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

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

Trading Fees

XGABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

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.

XGABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 0.00% 496.00% 25.69%

XGABX - Distributions

Dividend Yield Analysis

XGABX Category Low Category High XGABX % Rank
Dividend Yield 0.00% 0.00% 25.78% 94.57%

Dividend Distribution Analysis

XGABX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

XGABX Category Low Category High XGABX % Rank
Net Income Ratio 0.57% -54.00% 6.06% 56.89%

Capital Gain Distribution Analysis

XGABX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XGABX - Fund Manager Analysis

Managers

Gustavo Pifano


Start Date

Tenure

Tenure Rank

Jan 01, 2021

1.41

1.4%

Joseph Gabelli


Start Date

Tenure

Tenure Rank

Jan 01, 2021

1.41

1.4%

Mr. Joseph rejoined GAMCO Investors, Inc. on May 1, 2018, after serving as a data strategy consultant for Alt/S, an early-stage media and marketing analytics firm, beginning in July 2017. From 2008 until June 2017, Mr. Joseph Gabelli served as an equity research analyst covering the global food and beverage industry for GAMCO Investors, Inc. and its affiliate, Associated Capital Group. He began his investment career at Integrity Capital Management, a Boston-based equity hedge fund, where he focused on researching small and micro-cap companies in the technology, healthcare and consumer discretionary sectors. Mr. Gabelli holds a B.A. from Boston College, and an M.B.A. from Columbia Business School, where he graduated with Dean’s Honors and Distinction.

Ashish Sinha


Start Date

Tenure

Tenure Rank

Jan 01, 2021

1.41

1.4%

Mr. Ashish Sinha, Assistant Vice President of GAMCO Asset Management UK, is an associate portfolio manager for the Global Mini Mites Fund. Mr. Sinha joined GAMCO UK in 2012 as a research analyst. He has a BSBA degree from the Institute of Management Studies, and a MB from IIFT.

Hendi Susanto


Start Date

Tenure

Tenure Rank

Jan 01, 2021

1.41

1.4%

Mr. Hendi Susanto, Vice President of Associated Capital Group Inc., is an associate portfolio manager for the Global Mini Mites Fund. Mr. Susanto joined Gabelli in 2007 as a research analyst. He currently covers the global technology industry. Mr. Susanto received a BS degree summa cum laude from the University of Minnesota, a MS from M.I.T., and an MBA from the Wharton School of Business

Macrae Sykes


Start Date

Tenure

Tenure Rank

Aug 01, 2021

0.83

0.8%

Mr. Macrae Sykes has served as a portfolio manager of the Financial Services Fund since its inception. Mr. Sykes joined Gabelli in 2008 as a research analyst. He currently covers the investment services industry, and is a member of the portfolio management team of another fund within the Gabelli Fund Complex. Mr. Sykes holds a B.A. in economics from Hamilton College and an M.B.A. in finance from Columbia Business School.

Christopher Marangi


Start Date

Tenure

Tenure Rank

Dec 31, 2021

0.41

0.4%

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

Dec 31, 2021

0.41

0.4%

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.

Jennie Tsai


Start Date

Tenure

Tenure Rank

Dec 31, 2021

0.41

0.4%

Sara Wojda


Start Date

Tenure

Tenure Rank

Dec 31, 2021

0.41

0.4%

Howard Ward


Start Date

Tenure

Tenure Rank

Dec 31, 2021

0.41

0.4%

Mr. Howard F. Ward, CFA, Senior Vice President of GBL, is a portfolio manager. He joined GBL in 1995 and currently serves as GBL’s Chief Investment Officer of Growth Products. Mr. Ward is also a portfolio manager. Previously, he was managing director with Scudder, Stevens & Clark from 1982 to 1995. Prior to that, Ward was an investment officer in the institutional-investment department for four years with Brown Brothers, Harriman & Company. He is a member of the Investment Council Association of America and the New York Society of Security Analysts.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.23 2.42