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
US36239V1089
May 13, 1993
$10,000
Expense Ratio
GABCX features an expense ratio of 0.79%, falling within the medium range.
Share Price Chart
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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 7.38% year-to-date (YTD) and 7.59% in the last 12 months. Over the past 10 years, Gabelli ABC Fund had an annualized return of 1.93%, while the S&P 500 had an annualized return of 11.01%, indicating that Gabelli ABC Fund did not perform as well as the benchmark.
GABCX
7.38%
-0.62%
5.07%
7.59%
2.71%
1.93%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of GABCX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.58% | 0.38% | 0.76% | -0.09% | 1.23% | 0.00% | 2.80% | 0.00% | 0.63% | 0.72% | 2.15% | 7.38% | |
| 2023 | 2.08% | -0.39% | 0.10% | 0.49% | -0.87% | 2.35% | 1.53% | -0.56% | -0.76% | -0.57% | 1.34% | 1.99% | 6.84% |
| 2022 | -0.77% | -0.39% | 0.39% | -0.96% | 0.00% | -1.56% | 0.89% | -0.49% | -1.28% | 1.80% | 0.39% | -0.01% | -2.02% |
| 2021 | 0.57% | 0.76% | 0.85% | 0.28% | 0.84% | 0.18% | -0.37% | -0.09% | -0.00% | 0.56% | -0.55% | -2.73% | 0.24% |
| 2020 | -0.20% | -1.18% | -4.47% | 2.91% | 0.30% | 0.91% | 0.90% | 1.29% | 0.00% | 0.10% | 1.66% | 0.82% | 2.89% |
| 2019 | 1.40% | 0.29% | 0.20% | 0.59% | -0.58% | 0.78% | 0.10% | -0.00% | 0.29% | 0.48% | 0.67% | -1.05% | 3.19% |
| 2018 | 0.67% | -0.77% | 0.00% | 0.10% | 0.29% | 0.29% | 0.48% | 0.19% | 0.29% | -0.85% | 0.48% | -2.25% | -1.12% |
| 2017 | 0.20% | 0.10% | 0.29% | 0.29% | 0.10% | 0.39% | 0.29% | -0.29% | 0.39% | 0.19% | -0.10% | 0.19% | 2.07% |
| 2016 | -0.30% | -0.00% | 1.09% | 0.10% | 0.20% | 0.10% | 0.49% | 0.10% | 0.49% | -0.87% | 0.98% | -0.94% | 1.41% |
| 2015 | -0.39% | 1.29% | 0.00% | 0.69% | 0.19% | -0.10% | 0.29% | -0.48% | -0.29% | 1.17% | -0.39% | -1.69% | 0.25% |
| 2014 | -0.10% | 0.68% | -0.29% | 0.10% | 0.39% | 0.58% | -0.38% | 0.48% | -0.67% | -0.19% | 0.39% | -1.57% | -0.60% |
| 2013 | 0.60% | 0.70% | 0.50% | 0.69% | 0.39% | -0.19% | 0.59% | -0.19% | 0.78% | 0.58% | 0.10% | -1.44% | 3.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 84, GABCX is among the top 16% of 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 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 provided a 3.12% dividend yield over the last twelve months, with an annual payout of $0.35 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.35 | $0.35 | $0.14 | $0.05 | $0.05 | $0.14 | $0.24 | $0.00 | $0.07 | $0.06 | $0.05 | $0.03 |
Dividend yield | 3.12% | 3.36% | 1.38% | 0.45% | 0.43% | 1.39% | 2.35% | 0.00% | 0.73% | 0.55% | 0.48% | 0.29% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 |
| 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 | $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 | $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 | $0.05 | $0.05 |
| 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 | $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 | $0.14 | $0.14 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2017 | $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 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2015 | $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 |
| 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 | $0.05 |
| 2013 | $0.03 | $0.03 |
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 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 14.94%, occurring on Oct 27, 2008. Recovery took 1239 trading sessions.
The current Gabelli ABC Fund drawdown is 1.93%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.94% | Dec 27, 2006 | 460 | Oct 27, 2008 | 1239 | Oct 1, 2013 | 1699 |
| -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 |
| -11.55% | Dec 27, 2019 | 56 | Mar 18, 2020 | 165 | Nov 10, 2020 | 221 |
| -9.2% | Dec 6, 1999 | 16 | Dec 27, 1999 | 1 | Dec 28, 1999 | 17 |
Volatility
Volatility Chart
The current Gabelli ABC Fund volatility is 1.33%, 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.