The Gabelli Global Rising Income and Dividend Fund (GAGCX)
The investment seeks a high level of total return through a combination of current income and appreciation of capital. The advisor will attempt to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in dividend paying securities (such as common and preferred stock) or other income producing securities (such as fixed-income securities and securities that are convertible into common stock). The advisor intends to invest in at least three countries, including the United States, and will invest at least 40% of its total assets in countries other than the United States.
Fund Info
| ISIN | US36464T8852 |
|---|---|
| CUSIP | 36464T885 |
| Issuer | Gabelli |
| Inception Date | Feb 2, 1994 |
| Category | Tactical Allocation |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
GAGCX has a high expense ratio of 0.90%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in The Gabelli Global Rising Income and Dividend 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
The Gabelli Global Rising Income and Dividend Fund had a return of 2.90% year-to-date (YTD) and 6.13% in the last 12 months. Over the past 10 years, The Gabelli Global Rising Income and Dividend Fund had an annualized return of 5.11%, while the S&P 500 had an annualized return of 10.84%, indicating that The Gabelli Global Rising Income and Dividend Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.90% | 10.00% |
| 1 month | 3.59% | 2.41% |
| 6 months | 11.47% | 16.70% |
| 1 year | 6.13% | 26.85% |
| 5 years (annualized) | 6.57% | 12.81% |
| 10 years (annualized) | 5.11% | 10.84% |
Monthly Returns
The table below presents the monthly returns of GAGCX, 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 | -0.76% | -0.07% | 3.99% | -4.19% | 2.90% | ||||||||
| 2023 | 8.33% | -2.06% | 0.20% | 1.23% | -4.54% | 4.90% | 2.01% | -4.58% | -5.41% | -3.54% | 6.74% | 7.61% | 9.93% |
| 2022 | -4.53% | -2.75% | 0.62% | -6.85% | 1.06% | -9.38% | 6.80% | -5.25% | -9.62% | 6.65% | 11.39% | -2.60% | -15.66% |
| 2021 | -1.31% | 5.34% | 3.21% | 3.43% | 4.96% | -1.33% | 0.57% | 0.33% | -2.29% | 3.07% | -1.89% | 5.86% | 21.32% |
| 2020 | -3.29% | -7.94% | -15.44% | 7.51% | 2.64% | 3.26% | 5.30% | 4.40% | -1.58% | -1.15% | 15.11% | 5.74% | 11.68% |
| 2019 | 6.61% | 2.61% | -2.27% | 4.11% | -6.17% | 5.25% | -0.79% | -2.55% | 1.35% | 1.57% | 1.95% | 2.56% | 14.38% |
| 2018 | 2.94% | -3.43% | -1.29% | 0.34% | -0.97% | -1.17% | 3.47% | -0.66% | 0.78% | -8.29% | 0.60% | -6.63% | -14.01% |
| 2017 | 2.02% | 1.93% | 2.40% | 1.28% | 2.44% | 1.75% | 2.30% | -0.50% | 1.80% | 0.75% | 2.09% | 0.91% | 20.91% |
| 2016 | -3.20% | -0.80% | 4.81% | 1.50% | 0.40% | 0.09% | 2.05% | 0.18% | -0.35% | -2.14% | 1.43% | 1.55% | 5.41% |
| 2015 | -0.68% | 2.15% | -0.04% | 1.39% | 0.13% | -1.02% | 0.89% | -3.58% | -1.05% | 5.19% | -0.88% | -1.64% | 0.60% |
| 2014 | -3.55% | 3.68% | 0.91% | 0.54% | 0.72% | 1.02% | -2.60% | 2.03% | -2.92% | 1.05% | 2.08% | -1.01% | 1.68% |
| 2013 | 2.33% | 0.76% | 0.75% | 0.50% | 1.73% | -1.21% | 2.71% | 391.37% | 3.46% | 1.56% | 0.88% | 1.69% | 470.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GAGCX is 16, indicating that it is in the bottom 16% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
GAGCX (The Gabelli Global Rising Income and Dividend Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for The Gabelli Global Rising Income and Dividend Fund (GAGCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
The Gabelli Global Rising Income and Dividend Fund granted a 2.31% dividend yield in the last twelve months. The annual payout for that period amounted to $0.72 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $0.72 | $1.03 | $0.54 | $0.20 | $0.13 | $0.38 | $0.37 | $0.23 | $0.29 | $0.36 | $0.09 |
Dividend yield | 2.31% | 2.38% | 3.66% | 1.57% | 0.68% | 0.49% | 1.66% | 1.35% | 1.02% | 1.34% | 1.64% | 0.39% |
Monthly Dividends
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.
| 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 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.72 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $1.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.54 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2013 | $0.09 | $0.09 |
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 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 61.54%, occurring on Oct 9, 2002. Recovery took 284 trading sessions.
The current The Gabelli Global Rising Income and Dividend Fund drawdown is 5.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.54% | Mar 6, 2000 | 649 | Oct 9, 2002 | 284 | Nov 25, 2003 | 933 |
| -54.42% | Dec 8, 2006 | 496 | Dec 1, 2008 | 459 | Sep 28, 2010 | 955 |
| -37.89% | Jan 30, 2018 | 540 | Mar 23, 2020 | 172 | Nov 24, 2020 | 712 |
| -28.38% | Jan 5, 2022 | 194 | Oct 12, 2022 | — | — | — |
| -26.71% | May 17, 1996 | 626 | Oct 9, 1998 | 180 | Jun 18, 1999 | 806 |
Volatility
Volatility Chart
The current The Gabelli Global Rising Income and Dividend Fund volatility is 3.12%, 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.