Gabelli Equity Income Fund (GABEX)
The investment seeks to provide a high level of total return on its assets with an emphasis on income. The fund seeks to achieve its investment objective through a combination of capital appreciation and current income by investing, under normal market conditions, at least 80% of its net assets in income producing equity securities. Income producing equity securities include, for example, common stock, preferred stock, and convertible securities.
Fund Info
US36239T2024
36239T202
Jan 2, 1992
$1,000
Large-Cap
Blend
Expense Ratio
GABEX has a high expense ratio of 1.42%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Gabelli Equity Income Fund (GABEX) returned 5.57% year-to-date (YTD) and 6.62% over the past 12 months. Over the past 10 years, GABEX returned 6.98% annually, underperforming the S&P 500 benchmark at 10.79%.
GABEX
5.57%
8.40%
2.21%
6.62%
14.01%
6.98%
^GSPC (Benchmark)
0.60%
9.64%
-0.54%
11.47%
15.67%
10.79%
Monthly Returns
The table below presents the monthly returns of GABEX, 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 | 4.42% | 0.64% | -3.08% | -1.16% | 4.86% | 5.57% | |||||||
| 2024 | -0.14% | 1.20% | 4.28% | -3.77% | 1.65% | -2.18% | 5.78% | 1.36% | 1.52% | -2.61% | 6.49% | -6.35% | 6.62% |
| 2023 | 5.11% | -1.86% | -0.87% | 0.81% | -5.42% | 7.29% | 2.20% | -2.18% | -5.08% | -3.70% | 6.94% | 5.89% | 8.24% |
| 2022 | -2.46% | -1.81% | 2.15% | -5.48% | 3.10% | -8.09% | 7.20% | -3.25% | -7.50% | 9.66% | 7.19% | -4.09% | -5.22% |
| 2021 | -1.20% | 5.31% | 5.18% | 4.55% | 3.75% | -1.66% | 0.90% | 1.22% | -3.47% | 4.78% | -3.68% | 6.13% | 23.28% |
| 2020 | -2.31% | -9.19% | -15.76% | 10.36% | 4.56% | 1.36% | 4.54% | 4.54% | -1.15% | -2.42% | 13.08% | 3.22% | 7.54% |
| 2019 | 8.05% | 3.42% | 0.56% | 2.56% | -6.16% | 6.07% | -0.89% | -2.68% | 2.81% | 1.47% | 2.99% | 2.78% | 22.18% |
| 2018 | 4.37% | -4.88% | -1.60% | -0.13% | -0.05% | 1.07% | 3.81% | 0.08% | -0.03% | -6.91% | 2.22% | -8.68% | -11.04% |
| 2017 | 1.11% | 3.11% | -0.04% | 0.92% | 0.40% | 1.27% | 1.46% | -1.26% | 3.12% | -0.26% | 3.01% | 1.46% | 15.15% |
| 2016 | -4.98% | -0.20% | 6.84% | 2.36% | 1.10% | 0.44% | 2.67% | -0.59% | -0.47% | -2.41% | 4.65% | 1.96% | 11.39% |
| 2015 | -2.79% | 5.43% | -1.15% | 1.13% | 0.78% | -2.11% | 0.49% | -6.17% | -3.62% | 7.38% | -0.34% | -2.67% | -4.31% |
| 2014 | -3.75% | 4.78% | 1.12% | 0.87% | 1.38% | 2.32% | -2.72% | 3.28% | -2.97% | 1.30% | 2.32% | -0.72% | 7.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GABEX is 51, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Gabelli Equity Income Fund (GABEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Gabelli Equity Income Fund provided a 33.45% dividend yield over the last twelve months, with an annual payout of $2.02 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.02 | $2.02 | $1.79 | $1.81 | $2.26 | $3.65 | $5.23 | $5.28 | $4.19 | $4.27 | $2.01 | $1.48 |
Dividend yield | 33.45% | 33.06% | 23.48% | 20.49% | 19.96% | 32.82% | 36.56% | 32.39% | 17.83% | 17.61% | 7.78% | 5.07% |
Monthly Dividends
The table displays the monthly dividend distributions for Gabelli Equity Income 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 | $0.10 | $0.10 | $0.10 | $0.10 | $0.00 | $0.40 | |||||||
| 2024 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.92 | $0.10 | $0.10 | $0.10 | $2.02 |
| 2023 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.69 | $0.10 | $0.10 | $0.10 | $1.79 |
| 2022 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.71 | $0.10 | $0.10 | $0.10 | $1.81 |
| 2021 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.16 | $0.10 | $0.10 | $0.10 | $2.26 |
| 2020 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $2.55 | $0.10 | $0.10 | $0.10 | $3.65 |
| 2019 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $4.13 | $0.10 | $0.10 | $0.10 | $5.23 |
| 2018 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $4.18 | $0.10 | $0.10 | $0.10 | $5.28 |
| 2017 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $1.95 | $0.10 | $1.24 | $0.10 | $0.10 | $0.10 | $4.19 |
| 2016 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $2.70 | $0.10 | $0.34 | $0.34 | $4.27 |
| 2015 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.91 | $0.10 | $0.10 | $0.10 | $2.01 |
| 2014 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.38 | $0.10 | $0.10 | $0.10 | $1.48 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Gabelli Equity Income 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 Equity Income Fund was 52.25%, occurring on Mar 9, 2009. Recovery took 493 trading sessions.
The current Gabelli Equity Income Fund drawdown is 1.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -52.25% | Oct 15, 2007 | 352 | Mar 9, 2009 | 493 | Feb 18, 2011 | 845 |
| -37.27% | Feb 20, 2020 | 23 | Mar 23, 2020 | 162 | Nov 10, 2020 | 185 |
| -25.8% | Jun 6, 2001 | 336 | Oct 9, 2002 | 171 | Jun 16, 2003 | 507 |
| -20.4% | Jan 30, 2018 | 228 | Dec 24, 2018 | 244 | Dec 12, 2019 | 472 |
| -18.56% | May 2, 2011 | 108 | Oct 3, 2011 | 111 | Mar 13, 2012 | 219 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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