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
Expense Ratio
GOLDX has a high expense ratio of 1.51%, indicating above-average management fees.
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
Loading data...
Returns By Period
Gabelli Gold Fund (GOLDX) returned 52.21% year-to-date (YTD) and 56.25% over the past 12 months. Over the past 10 years, GOLDX delivered an annualized return of 11.43%, outperforming the S&P 500 benchmark at 10.85%.
GOLDX
52.21%
5.39%
40.74%
56.25%
19.48%
10.10%
11.43%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 12.69% | 2.02% | 15.05% | 9.18% | 5.39% | 52.21% | |||||||
| 2024 | -9.26% | -5.47% | 18.35% | 3.85% | 6.51% | -5.17% | 10.59% | 5.31% | 2.88% | 3.37% | -5.76% | -7.53% | 14.92% |
| 2023 | 10.42% | -13.05% | 14.69% | 3.62% | -7.36% | -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% | -9.37% | -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% | 1.50% | -1.96% | 1.14% | 5.87% | -7.35% | -3.89% | -1.28% | 5.26% | 6.22% |
| 2016 | 4.03% | 31.30% | 4.21% | 24.82% | -10.88% | 25.07% | 10.81% | -14.79% | 5.48% | -8.05% | -16.37% | 1.24% | 53.56% |
| 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% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, GOLDX is among the top 11% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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.
Loading data...
Dividends
Dividend History
Gabelli Gold Fund provided a 1.39% dividend yield over the last twelve months, with an annual payout of $0.43 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.43 | $0.20 | $0.00 | $0.00 | $0.35 | $0.14 | $0.04 | $0.07 | $0.28 |
Dividend yield | 1.39% | 2.11% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 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.
Loading data...
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 73.40%, occurring on Aug 31, 1998. Recovery took 1270 trading sessions.
The current Gabelli Gold Fund drawdown is 0.23%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -73.4% | Jun 3, 1996 | 586 | Aug 31, 1998 | 1270 | Sep 9, 2003 | 1856 |
| -73.21% | Sep 9, 2011 | 1096 | Jan 20, 2016 | 2321 | Apr 11, 2025 | 3417 |
| -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 | 274 | Jul 19, 2007 | 297 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...