Gabelli Gold Fund (GOLDX)
The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of foreign and domestic issuers principally engaged in gold related activities and gold bullion. The adviser focuses on stocks that are undervalued, but which appear to have favorable prospects for growth. Because most of the world's gold production is outside of the United States, the advisor expects that a significant portion of the fund's assets may be invested in securities of foreign issuers, including those located in emerging markets.
Fund Info
US36239R1077
36239R107
Jul 10, 1994
$1,000
Mid-Cap
Blend
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Gabelli Gold 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 Gold Fund had a return of 23.72% year-to-date (YTD) and 36.44% in the last 12 months. Over the past 10 years, Gabelli Gold Fund had an annualized return of 7.75%, while the S&P 500 had an annualized return of 11.14%, indicating that Gabelli Gold Fund did not perform as well as the benchmark.
GOLDX
23.72%
-10.64%
6.74%
36.44%
8.92%
7.75%
^GSPC (Benchmark)
24.05%
0.89%
11.19%
30.12%
13.82%
11.14%
Monthly Returns
The table below presents the monthly returns of GOLDX, 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 | -9.26% | -5.47% | 18.35% | 3.85% | 6.51% | -5.17% | 10.59% | 5.31% | 2.88% | 3.37% | 23.72% | ||
| 2023 | 10.42% | -13.05% | 14.69% | 3.62% | -7.35% | -2.65% | 2.83% | -3.54% | -9.39% | 3.86% | 12.33% | -0.06% | 7.85% |
| 2022 | -7.36% | 14.87% | 9.91% | -8.02% | -8.52% | -13.94% | -3.31% | -9.25% | 1.28% | -0.84% | 19.45% | -0.18% | -11.02% |
| 2021 | -5.06% | -11.63% | 2.93% | 7.82% | 13.93% | -11.50% | 3.13% | -5.58% | -10.07% | 9.74% | -0.16% | 1.07% | -8.97% |
| 2020 | -0.36% | -9.38% | -11.80% | 36.84% | 9.45% | 5.77% | 18.08% | -0.84% | -8.15% | -3.31% | -7.62% | 4.21% | 26.30% |
| 2019 | 9.91% | -2.02% | 0.32% | -6.33% | 3.13% | 16.63% | 6.11% | 10.72% | -11.06% | 4.91% | -2.18% | 10.29% | 43.94% |
| 2018 | -0.51% | -9.99% | 1.86% | 1.03% | 0.00% | -0.00% | -3.86% | -12.37% | 0.47% | 0.09% | -1.21% | 10.45% | -14.80% |
| 2017 | 14.65% | -3.14% | -0.14% | -2.84% | 1.49% | -1.96% | 1.14% | 5.87% | -7.35% | -3.89% | -1.28% | 5.25% | 6.22% |
| 2016 | 4.03% | 31.31% | 4.21% | 24.82% | -10.88% | 25.07% | 10.81% | -14.79% | 5.48% | -8.05% | -16.37% | 1.24% | 53.55% |
| 2015 | 16.84% | -3.48% | -13.25% | 9.57% | -0.79% | -8.01% | -17.51% | 2.58% | -1.60% | 9.52% | -8.06% | 0.23% | -17.79% |
| 2014 | 12.98% | 13.14% | -8.18% | 4.61% | -6.69% | 18.26% | -1.52% | 1.26% | -19.49% | -15.28% | 4.86% | 2.13% | -1.31% |
| 2013 | -8.19% | -10.85% | -2.33% | -16.84% | -3.90% | -20.00% | 12.81% | 11.59% | -10.74% | -0.48% | -11.22% | -4.03% | -51.30% |
Expense Ratio
GOLDX has a high expense ratio of 1.51%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GOLDX is 25, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Gabelli Gold Fund (GOLDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Gabelli Gold Fund provided a 0.92% dividend yield over the last twelve months, with an annual payout of $0.20 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.20 | $0.00 | $0.00 | $0.35 | $0.14 | $0.04 | $0.07 | $0.28 |
Dividend yield | 0.92% | 1.13% | 0.00% | 0.00% | 1.69% | 0.83% | 0.34% | 0.52% | 2.18% |
Monthly Dividends
The table displays the monthly dividend distributions for Gabelli Gold 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 | |
| 2023 | $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 |
| 2022 | $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 |
| 2021 | $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 |
| 2020 | $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 |
| 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 | $0.04 | $0.04 |
| 2017 | $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 |
| 2016 | $0.28 | $0.28 |
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 Gold 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 Gold Fund was 79.86%, occurring on Jan 20, 2016. The portfolio has not yet recovered.
The current Gabelli Gold Fund drawdown is 41.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -79.86% | Dec 7, 2010 | 1287 | Jan 20, 2016 | — | — | — |
| -73.4% | Jun 3, 1996 | 586 | Aug 31, 1998 | 1270 | Sep 9, 2003 | 1856 |
| -70.55% | Mar 17, 2008 | 156 | Oct 27, 2008 | 412 | Jun 17, 2010 | 568 |
| -31.3% | Jan 6, 2004 | 86 | May 7, 2004 | 352 | Sep 29, 2005 | 438 |
| -30.95% | May 11, 2006 | 23 | Jun 13, 2006 | 325 | Oct 1, 2007 | 348 |
Volatility
Volatility Chart
The current Gabelli Gold Fund volatility is 8.97%, 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.