The Gabelli Global Rising Income and Dividend Fund (GAGCX)

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The Gabelli Global Rising Income and Dividend Fund (GAGCX) is up 5.7% since the beginning of the year. GAGCX is currently trading at $38 per share. Investors who bought $1,000 worth of GAGCX shares 5 years ago would now be looking at an investment worth $1,274.

The Gabelli Global Rising Income and Dividend Fund (GAGCX) has returned 5.67% so far this year and 18.71% over the past 12 months. Over the last ten years, GAGCX has returned 7.02% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Feb 3, 1994, GAGCX's average daily return is +0.05%, while the average monthly return is +1.14%. At this rate, an investment would double in approximately 5.1 years.

Historically, 59% of months were positive and 41% were negative. The best month was Jan 1995 with a return of +387.9%, while the worst month was Oct 2008 at -20.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, GAGCX closed higher 48% of trading days. The best single day was Jan 3, 1995 with a return of +399.5%, while the worst single day was Dec 27, 2006 at -14.3%.

The Gabelli Global Rising Income and Dividend Fund has an annualized alpha of 10.26%, beta of 0.39, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since February 03, 1994.

• This fund participated in 79.13% of S&P 500 Index downside but only 68.19% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.39 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GAGCX has an expense ratio of 0.90%, placing it in the medium range.

GAGCX ranks 33 for risk / return — below 33% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The Gabelli Global Rising Income and Dividend Fund provided a 2.71% dividend yield over the last twelve months, with an annual payout of $1.02 per share.

The table displays the monthly dividend distributions for The Gabelli Global Rising Income and Dividend Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the The Gabelli Global Rising Income and Dividend 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 The Gabelli Global Rising Income and Dividend Fund was 79.95%, occurring on Dec 1, 2008. The portfolio has not yet recovered.

The current The Gabelli Global Rising Income and Dividend Fund drawdown is 27.15%.

The chart below shows the rolling one-month volatility.