Gabelli Asset Fund (GABAX)
The investment seeks growth of capital; its secondary goal is to provide current income. The fund will primarily invest in common stocks and preferred stocks. In making stock selections, the fund strives to earn a 10% real rate of return. It focuses on companies that appear underpriced relative to their private market value ("PMV"). The fund normally invests at least 80% of its assets in stocks that are listed on a recognized securities exchange or similar market. It may invest up to 25% of its total assets in securities of non-U.S. issuers.
Fund Info
US3623951056
362395105
Mar 3, 1986
$1,000
Large-Cap
Blend
Expense Ratio
GABAX has a high expense ratio of 1.33%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Gabelli Asset Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Gabelli Asset Fund had a return of 5.27% year-to-date (YTD) and -2.37% in the last 12 months. Over the past 10 years, Gabelli Asset Fund had an annualized return of -2.93%, while the S&P 500 had an annualized return of 11.26%, indicating that Gabelli Asset Fund did not perform as well as the benchmark.
GABAX
5.27%
1.57%
-7.18%
-2.37%
-2.62%
-2.93%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of GABAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.35% | 5.27% | |||||||||||
| 2024 | 0.10% | 2.59% | 3.85% | -4.39% | 1.72% | -1.71% | 5.22% | 1.83% | 1.34% | -2.03% | 6.16% | -18.26% | -5.89% |
| 2023 | 6.48% | -2.37% | 0.40% | 0.63% | -5.23% | 7.66% | 2.32% | -2.36% | -5.39% | -4.07% | 6.76% | -1.26% | 2.41% |
| 2022 | -3.94% | -2.04% | 2.56% | -6.58% | 1.00% | -8.68% | 7.43% | -3.48% | -8.32% | 9.81% | 7.34% | -12.78% | -18.74% |
| 2021 | -1.37% | 5.12% | 4.12% | 4.49% | 3.03% | -1.45% | 1.10% | 0.99% | -4.26% | 3.70% | -3.09% | -3.42% | 8.67% |
| 2020 | -2.14% | -8.64% | -15.84% | 11.21% | 5.10% | 0.50% | 5.31% | 5.02% | -2.03% | -2.45% | 13.93% | -7.45% | -1.49% |
| 2019 | 7.75% | 3.06% | 0.22% | 3.45% | -6.03% | 6.71% | -0.14% | -2.89% | 2.10% | 1.34% | 3.11% | -6.47% | 11.72% |
| 2018 | 4.75% | -4.58% | -1.12% | -0.81% | 1.02% | 1.87% | 3.43% | 0.80% | 0.82% | -7.61% | 2.79% | -16.47% | -15.89% |
| 2017 | 2.68% | 1.94% | 1.02% | 1.67% | 0.70% | 1.02% | 2.14% | -0.32% | 2.43% | 0.43% | 3.24% | -6.35% | 10.73% |
| 2016 | -4.92% | 0.95% | 6.97% | 1.66% | 0.85% | 0.75% | 3.59% | -0.79% | -0.05% | -2.41% | 3.63% | -9.92% | -0.75% |
| 2015 | -3.95% | 5.95% | -0.95% | 0.58% | 1.27% | -1.47% | -0.23% | -6.17% | -3.67% | 7.86% | -0.89% | -14.88% | -16.98% |
| 2014 | -4.36% | 5.19% | 0.29% | -0.11% | 2.14% | 2.26% | -3.37% | 3.28% | -4.02% | 1.91% | 2.43% | -4.63% | 0.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GABAX is 5, meaning it’s performing worse than 95% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Gabelli Asset Fund (GABAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Gabelli Asset Fund provided a 0.37% dividend yield over the last twelve months, with an annual payout of $0.18 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.18 | $0.18 | $0.16 | $0.09 | $0.19 | $0.17 | $0.23 | $0.17 | $0.09 | $0.42 | $0.21 | $0.18 |
Dividend yield | 0.37% | 0.39% | 0.33% | 0.18% | 0.33% | 0.31% | 0.42% | 0.35% | 0.15% | 0.78% | 0.40% | 0.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Gabelli Asset Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $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 | $0.18 | $0.18 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2022 | $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 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2017 | $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 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2014 | $0.18 | $0.18 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Gabelli Asset 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 Asset Fund was 58.01%, occurring on Mar 9, 2009. Recovery took 888 trading sessions.
The current Gabelli Asset Fund drawdown is 28.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.01% | Oct 15, 2007 | 351 | Mar 9, 2009 | 888 | Sep 14, 2012 | 1239 |
| -47.77% | Jul 7, 2014 | 1439 | Mar 23, 2020 | — | — | — |
| -33.3% | May 22, 2001 | 344 | Oct 9, 2002 | 305 | Dec 26, 2003 | 649 |
| -26.6% | Aug 12, 1987 | 56 | Oct 28, 1987 | 188 | Jul 18, 1988 | 244 |
| -22.81% | Jul 20, 1998 | 59 | Oct 8, 1998 | 110 | Mar 11, 1999 | 169 |
Volatility
Volatility Chart
The current Gabelli Asset Fund volatility is 2.34%, 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.