Gabelli ABC Fund (GABCX)
The fund invests primarily in securities of domestic and foreign issuers that the fund's investment adviser, believes provide attractive opportunities for appreciation or investment income. The Adviser seeks to limit excessive risk of capital loss by utilizing various investment strategies, including investing in value oriented common stocks, i.e., common stocks that trade at a significant discount to the Adviser's assessment of their "private market value" virtually risk free U.S. Treasury Bills, and by utilizing certain "arbitrage" strategies. It is non-diversified.
Fund Info
| ISIN | US36239V1089 |
|---|---|
| Issuer | Gabelli |
| Inception Date | May 13, 1993 |
| Category | Event Driven |
| Min. Investment | $10,000 |
| Asset Class | Alternatives |
Expense Ratio
GABCX has a high expense ratio of 0.79%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: GABCX vs. VIG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Gabelli ABC 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 ABC Fund had a return of 1.53% year-to-date (YTD) and 6.06% in the last 12 months. Over the past 10 years, Gabelli ABC Fund had an annualized return of 2.50%, while the S&P 500 had an annualized return of 10.37%, indicating that Gabelli ABC Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.53% | 5.57% |
| 1 month | -0.09% | -4.16% |
| 6 months | 5.04% | 20.07% |
| 1 year | 6.06% | 20.82% |
| 5 years (annualized) | 3.17% | 11.56% |
| 10 years (annualized) | 2.50% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.48% | 0.38% | 0.76% | |||||||||
| 2023 | -0.57% | 1.34% | 2.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GABCX is 63, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Gabelli ABC Fund(GABCX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Gabelli ABC Fund (GABCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Gabelli ABC Fund granted a 3.30% dividend yield in the last twelve months. The annual payout for that period amounted to $0.35 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.35 | $0.35 | $0.14 | $0.48 | $0.05 | $0.30 | $0.37 | $0.01 | $0.24 | $0.27 | $0.05 | $0.21 |
Dividend yield | 3.30% | 3.35% | 1.38% | 4.55% | 0.44% | 2.95% | 3.69% | 0.13% | 2.37% | 2.63% | 0.48% | 2.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Gabelli ABC 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2013 | $0.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Gabelli ABC 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 ABC Fund was 14.18%, occurring on Dec 28, 1998. Recovery took 1 trading session.
The current Gabelli ABC Fund drawdown is 1.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.18% | Dec 28, 1998 | 1 | Dec 28, 1998 | 1 | Dec 29, 1998 | 2 |
| -12.17% | Dec 29, 1997 | 204 | Oct 8, 1998 | 33 | Nov 24, 1998 | 237 |
| -10.8% | Feb 24, 2020 | 18 | Mar 18, 2020 | 139 | Oct 5, 2020 | 157 |
| -9.54% | Jun 6, 2008 | 99 | Oct 27, 2008 | 219 | Sep 10, 2009 | 318 |
| -9.2% | Dec 6, 1999 | 16 | Dec 27, 1999 | 1 | Dec 28, 1999 | 17 |
Volatility
Volatility Chart
The current Gabelli ABC Fund volatility is 1.32%, 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.