Gabelli Global Mini MitesTM Fund (GGMMX)
The fund primarily invests in equity securities of micro-cap companies, which the managers define as companies that have a market capitalization (defined as shares outstanding multiplied by the current market price) of $250 million or less at the time of the fund's investment. It invests in securities of issuers, or related investments thereof, located in at least three countries, and at least 40% of the fund's total net assets are invested in securities of non-U.S. issuers or related investments thereof. It is non-diversified.
Fund Info
| ISIN | US36464T7110 |
|---|---|
| Issuer | Gabelli |
| Inception Date | Sep 30, 2018 |
| Category | Global Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
GGMMX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Gabelli Global Mini MitesTM 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 Global Mini MitesTM Fund had a return of -0.54% year-to-date (YTD) and 14.38% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.54% | 18.13% |
| 1 month | 3.11% | 1.45% |
| 6 months | 1.67% | 8.81% |
| 1 year | 14.38% | 26.52% |
| 5 years (annualized) | 11.17% | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of GGMMX, 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 | -4.45% | 1.81% | 4.58% | -1.96% | -1.82% | -5.01% | 7.52% | -0.82% | -0.54% | ||||
| 2023 | 10.92% | 1.87% | -4.68% | -2.45% | -2.19% | 12.42% | 5.87% | 5.17% | -4.47% | -7.20% | 8.37% | 13.72% | 40.52% |
| 2022 | -3.99% | 0.66% | 3.09% | -8.55% | -3.68% | -6.71% | 7.19% | 0.41% | -13.05% | 9.46% | 3.46% | -3.47% | -16.24% |
| 2021 | 5.15% | 7.84% | 1.57% | 4.31% | 8.42% | 0.22% | -4.67% | -1.51% | -2.98% | 1.65% | -4.57% | 3.41% | 19.30% |
| 2020 | -2.16% | -8.17% | -25.00% | 12.50% | 0.43% | 5.10% | 1.48% | 12.63% | -5.43% | 2.00% | 19.46% | 9.93% | 15.86% |
| 2019 | 9.87% | 0.85% | 0.00% | 0.52% | -5.63% | 2.54% | -2.05% | -3.63% | 2.17% | 3.13% | 1.41% | 2.86% | 11.82% |
| 2018 | -1.70% | -4.27% | -8.35% | -13.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GGMMX is 12, indicating that it is in the bottom 12% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Gabelli Global Mini MitesTM Fund (GGMMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Gabelli Global Mini MitesTM Fund granted a 11.08% dividend yield in the last twelve months. The annual payout for that period amounted to $1.21 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.21 | $1.21 | $0.54 | $1.65 | $0.06 | $0.37 | $0.01 |
Dividend yield | 11.08% | 11.02% | 6.22% | 14.98% | 0.54% | 3.96% | 0.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Gabelli Global Mini MitesTM 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 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $1.21 |
| 2022 | $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 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.65 | $1.65 |
| 2020 | $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 |
| 2019 | $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 |
| 2018 | $0.01 | $0.01 |
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 Global Mini MitesTM 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 Global Mini MitesTM Fund was 41.60%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current Gabelli Global Mini MitesTM Fund drawdown is 8.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.6% | Nov 8, 2018 | 343 | Mar 23, 2020 | 172 | Nov 24, 2020 | 515 |
| -31.83% | Jun 9, 2021 | 329 | Sep 27, 2022 | 305 | Dec 13, 2023 | 634 |
| -16.58% | Dec 26, 2023 | 132 | Jul 5, 2024 | — | — | — |
| -5.38% | Mar 15, 2021 | 11 | Mar 29, 2021 | 18 | Apr 23, 2021 | 29 |
| -4.51% | Jan 25, 2021 | 5 | Jan 29, 2021 | 3 | Feb 3, 2021 | 8 |
Volatility
Volatility Chart
The current Gabelli Global Mini MitesTM Fund volatility is 5.11%, 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.