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Gabelli Enterprise Mergers and Acquisitions Fund (...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US29372K5838

CUSIP

29372K583

Issuer

Gabelli

Inception Date

Feb 27, 2001

Category

Event Driven

Min. Investment

$500,000

Asset Class

Alternatives

Expense Ratio

EMAYX has a high expense ratio of 1.01%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Gabelli Enterprise Mergers and Acquisitions Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


100.00%200.00%300.00%400.00%December2025FebruaryMarchAprilMay
84.31%
385.12%
EMAYX (Gabelli Enterprise Mergers and Acquisitions Fund)
Benchmark (^GSPC)

Returns By Period

Gabelli Enterprise Mergers and Acquisitions Fund (EMAYX) returned 3.69% year-to-date (YTD) and 7.35% over the past 12 months. Over the past 10 years, EMAYX returned 2.09% annually, underperforming the S&P 500 benchmark at 10.45%.


EMAYX

YTD

3.69%

1M

5.26%

6M

-1.21%

1Y

7.35%

5Y*

4.82%

10Y*

2.09%

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

The table below presents the monthly returns of EMAYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.06%0.43%0.91%-1.27%1.53%3.69%
2024-1.30%-0.59%3.71%-1.98%2.80%-2.22%6.36%-0.12%1.40%-0.30%3.92%-5.55%5.69%
20234.68%-1.09%-1.62%-0.92%-3.78%5.10%2.56%-0.13%-3.90%-3.06%4.26%1.92%3.49%
2022-2.97%-0.75%1.26%-4.22%1.36%-4.92%3.70%-3.11%-5.49%5.31%1.41%-0.72%-9.37%
20210.75%3.21%1.26%3.13%1.38%-0.90%-0.51%1.32%-1.98%1.21%-1.77%-3.76%3.13%
2020-0.39%-4.46%-12.84%6.54%1.92%1.74%2.35%3.00%-1.08%0.27%7.44%2.28%5.29%
20193.73%1.60%-0.66%1.59%-2.54%2.40%-1.30%-0.99%1.00%0.86%1.05%-0.91%5.81%
20182.42%-2.74%0.19%-0.45%-0.45%1.03%0.51%1.33%0.75%-3.54%1.22%-7.29%-7.17%
20170.07%0.53%0.66%0.98%-0.19%0.91%0.71%-0.45%1.54%-0.44%0.95%-1.01%4.32%
2016-2.60%0.44%3.76%0.57%0.35%-0.21%1.62%0.07%0.69%-2.28%4.37%1.76%8.66%
2015-1.32%3.19%-0.43%1.16%0.00%-0.07%-0.43%-1.80%-1.32%3.11%-0.36%-0.07%1.54%
2014-0.97%2.11%-0.81%-0.00%0.89%1.10%-1.75%1.26%-2.27%0.45%1.19%0.52%1.64%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of EMAYX is 69, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of EMAYX is 6969
Overall Rank
The Sharpe Ratio Rank of EMAYX is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of EMAYX is 6767
Sortino Ratio Rank
The Omega Ratio Rank of EMAYX is 6868
Omega Ratio Rank
The Calmar Ratio Rank of EMAYX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of EMAYX is 7575
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Gabelli Enterprise Mergers and Acquisitions Fund (EMAYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Gabelli Enterprise Mergers and Acquisitions Fund Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: 0.56
  • 5-Year: 0.42
  • 10-Year: 0.20
  • All Time: 0.21

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Gabelli Enterprise Mergers and Acquisitions Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.56
0.44
EMAYX (Gabelli Enterprise Mergers and Acquisitions Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Gabelli Enterprise Mergers and Acquisitions Fund provided a 1.52% dividend yield over the last twelve months, with an annual payout of $0.25 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%0.50%1.00%1.50%$0.00$0.05$0.10$0.15$0.20$0.252018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018
Dividend$0.25$0.25$0.09$0.02$0.06$0.04$0.00$0.12

Dividend yield

1.52%1.57%0.61%0.15%0.34%0.24%0.00%0.82%

Monthly Dividends

The table displays the monthly dividend distributions for Gabelli Enterprise Mergers and Acquisitions Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.25$0.25
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.09
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02$0.02
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06$0.06
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.04
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2018$0.12$0.12

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-4.90%
-7.88%
EMAYX (Gabelli Enterprise Mergers and Acquisitions Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Gabelli Enterprise Mergers and Acquisitions Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Gabelli Enterprise Mergers and Acquisitions Fund was 55.84%, occurring on Mar 5, 2009. Recovery took 1225 trading sessions.

The current Gabelli Enterprise Mergers and Acquisitions Fund drawdown is 4.90%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.84%Jul 16, 2007413Mar 5, 20091225Jan 16, 20141638
-27.35%Sep 24, 2018373Mar 18, 2020199Dec 30, 2020572
-21.08%Nov 15, 2021218Sep 27, 2022
-11.3%Aug 6, 2001293Oct 9, 2002169Jun 12, 2003462
-6.65%Jun 24, 2015145Jan 20, 201661Apr 18, 2016206

Volatility

Volatility Chart

The current Gabelli Enterprise Mergers and Acquisitions Fund volatility is 3.50%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
3.50%
6.82%
EMAYX (Gabelli Enterprise Mergers and Acquisitions Fund)
Benchmark (^GSPC)