Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
15.3%
1 yr return
20.3%
3 Yr Avg Return
5.3%
5 Yr Avg Return
8.7%
Net Assets
$18.2 M
Holdings in Top 10
31.5%
Expense Ratio 2.45%
Front Load N/A
Deferred Load N/A
Turnover 26.00%
Redemption Fee 2.00%
Standard (Taxable)
$10,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal market conditions, the Fund invests at least 80% of its net assets in dividend paying stocks. Dividend paying stocks include, for example, common stocks, preferred stocks, and convertible securities. In addition to seeking out stocks that pay a dividend, the Fund will focus on stocks that the portfolio manager believes are well positioned to increase their dividend over the long term. In selecting investments, the portfolio manager will consider, among other things, the market price of the issuer’s securities, earnings expectations, dividend paying and other earnings and price histories, balance sheet characteristics, and perceived management skills. The portfolio manager will also consider changes in economic and political outlooks as well as individual corporate developments. For additional information about selection of investments suitable for the Fund, see page 8 of the prospectus.
In general, the portfolio manager seeks to take advantage of investors’ tendency to overemphasize near term events by investing in companies which are temporarily undervalued and which may return to a significantly higher valuation. The portfolio manager will sell any Fund investments which lose their perceived value relative to other investments in the judgment of the portfolio manager.
The Fund’s assets will be invested primarily in a broad range of readily marketable equity securities consisting primarily of common stocks. Many of the common stocks the Fund will buy will be bought for the potential that their prices will increase, providing capital appreciation for the Fund. The Fund’s secondary objective is to achieve current income by investing in dividend paying common stocks.
The Fund may invest up to 40% of its total assets in equity securities of non-U.S. issuers.
Period | GBCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.3% | -12.3% | 50.7% | 79.12% |
1 Yr | 20.3% | -3.7% | 64.1% | 76.22% |
3 Yr | 5.3%* | -4.2% | 31.8% | 89.36% |
5 Yr | 8.7%* | 0.1% | 45.7% | 83.02% |
10 Yr | 6.5%* | 1.9% | 25.5% | 95.83% |
* Annualized
Period | GBCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.0% | -16.9% | 46.1% | 48.45% |
2022 | -11.7% | -64.7% | 4.6% | 47.67% |
2021 | 8.1% | -44.2% | 57.5% | 81.80% |
2020 | 2.2% | -23.2% | 285.0% | 26.48% |
2019 | 20.9% | -21.4% | 48.5% | 36.47% |
Period | GBCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.3% | -12.3% | 50.7% | 79.12% |
1 Yr | 20.3% | -3.7% | 64.1% | 76.22% |
3 Yr | 5.3%* | -4.2% | 31.8% | 89.36% |
5 Yr | 8.7%* | 0.1% | 45.7% | 83.02% |
10 Yr | 6.5%* | 1.9% | 25.5% | 95.83% |
* Annualized
Period | GBCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.7% | -15.9% | 46.7% | 70.29% |
2022 | -8.7% | -42.0% | 8.5% | 75.97% |
2021 | 21.4% | 3.6% | 129.7% | 88.26% |
2020 | 6.2% | -22.6% | 304.8% | 26.08% |
2019 | 27.8% | -12.7% | 52.1% | 26.34% |
GBCIX | Category Low | Category High | GBCIX % Rank | |
---|---|---|---|---|
Net Assets | 18.2 M | 126 K | 163 B | 97.94% |
Number of Holdings | 60 | 2 | 1727 | 69.44% |
Net Assets in Top 10 | 5.8 M | 466 K | 39.5 B | 97.20% |
Weighting of Top 10 | 31.47% | 4.4% | 99.1% | 33.80% |
Weighting | Return Low | Return High | GBCIX % Rank | |
---|---|---|---|---|
Stocks | 96.30% | 4.16% | 102.49% | 80.28% |
Bonds | 4.04% | 0.00% | 97.99% | 2.90% |
Preferred Stocks | 0.00% | 0.00% | 13.68% | 32.24% |
Other | 0.00% | -2.59% | 39.89% | 46.54% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 28.45% |
Cash | 0.00% | 0.00% | 17.28% | 97.94% |
Weighting | Return Low | Return High | GBCIX % Rank | |
---|---|---|---|---|
Financial Services | 17.91% | 0.00% | 58.05% | 64.34% |
Consumer Defense | 15.14% | 0.00% | 34.10% | 7.55% |
Healthcare | 14.17% | 0.00% | 30.08% | 82.26% |
Industrials | 12.39% | 0.00% | 42.76% | 37.55% |
Communication Services | 12.06% | 0.00% | 26.58% | 4.62% |
Basic Materials | 10.01% | 0.00% | 21.69% | 3.96% |
Utilities | 9.07% | 0.00% | 27.04% | 8.77% |
Technology | 6.17% | 0.00% | 54.02% | 90.47% |
Consumer Cyclical | 1.61% | 0.00% | 22.74% | 96.89% |
Energy | 1.48% | 0.00% | 54.00% | 95.28% |
Real Estate | 0.00% | 0.00% | 90.54% | 87.74% |
Weighting | Return Low | Return High | GBCIX % Rank | |
---|---|---|---|---|
US | 96.30% | 4.16% | 102.49% | 61.87% |
Non US | 0.00% | 0.00% | 24.08% | 48.69% |
Weighting | Return Low | Return High | GBCIX % Rank | |
---|---|---|---|---|
Derivative | 0.00% | -2.59% | 7.87% | 33.18% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 88.60% |
Securitized | 0.00% | 0.00% | 40.38% | 25.62% |
Corporate | 0.00% | 0.00% | 100.00% | 36.26% |
Municipal | 0.00% | 0.00% | 0.02% | 25.62% |
Government | 0.00% | 0.00% | 100.00% | 26.90% |
Weighting | Return Low | Return High | GBCIX % Rank | |
---|---|---|---|---|
US | 4.04% | 0.00% | 88.60% | 2.90% |
Non US | 0.00% | 0.00% | 9.39% | 25.05% |
GBCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.45% | 0.03% | 14.82% | 2.35% |
Management Fee | 1.00% | 0.00% | 1.50% | 97.28% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
GBCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
GBCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 19.64% |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GBCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 0.00% | 488.00% | 37.38% |
GBCIX | Category Low | Category High | GBCIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.04% | 0.00% | 16.67% | 53.51% |
GBCIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
GBCIX | Category Low | Category High | GBCIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.08% | -1.51% | 4.28% | 65.45% |
GBCIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.207 | OrdinaryDividend |
Dec 27, 2023 | $0.042 | CapitalGainShortTerm |
Dec 27, 2023 | $0.183 | CapitalGainLongTerm |
Dec 28, 2022 | $0.545 | OrdinaryDividend |
Dec 29, 2021 | $0.208 | OrdinaryDividend |
Dec 29, 2021 | $0.032 | CapitalGainShortTerm |
Dec 29, 2021 | $2.016 | CapitalGainLongTerm |
Dec 29, 2020 | $0.651 | OrdinaryDividend |
Dec 27, 2019 | $0.281 | OrdinaryDividend |
Dec 27, 2019 | $0.671 | CapitalGainLongTerm |
Dec 27, 2018 | $0.023 | CapitalGainShortTerm |
Dec 27, 2018 | $1.589 | CapitalGainLongTerm |
Dec 27, 2018 | $0.187 | OrdinaryDividend |
Dec 27, 2017 | $0.197 | CapitalGainShortTerm |
Dec 27, 2017 | $2.591 | CapitalGainLongTerm |
Dec 27, 2017 | $0.292 | OrdinaryDividend |
Dec 28, 2016 | $0.158 | OrdinaryDividend |
Dec 28, 2016 | $0.003 | CapitalGainShortTerm |
Dec 28, 2016 | $0.992 | CapitalGainLongTerm |
Dec 29, 2015 | $0.511 | CapitalGainLongTerm |
Dec 29, 2015 | $0.111 | OrdinaryDividend |
Dec 23, 2013 | $0.680 | CapitalGainLongTerm |
Dec 23, 2013 | $0.135 | OrdinaryDividend |
Dec 27, 2012 | $0.226 | OrdinaryDividend |
Dec 28, 2011 | $0.078 | OrdinaryDividend |
Dec 29, 2009 | $0.054 | OrdinaryDividend |
Dec 29, 2008 | $0.003 | CapitalGainLongTerm |
Dec 29, 2008 | $0.049 | OrdinaryDividend |
Dec 27, 2007 | $0.537 | CapitalGainLongTerm |
Dec 27, 2007 | $0.081 | OrdinaryDividend |
Dec 27, 2006 | $0.071 | OrdinaryDividend |
Dec 29, 2004 | $0.066 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Mar 01, 2017
5.25
5.3%
Robert D. Leininger, CFA, joined GBL in 1993 as a security analyst. Mr. Leininger moved to Rorer Asset Management LLC in Philadelphia in 1997, where he was a partner in the firm and member of the investment policy committee. In August 2009, he joined Copeland Capital Management as a partner and portfolio manager before rejoining GBL in 2010 where he currently serves as a portfolio manager for the Adviser and on GAMCO’s institutional and high net worth separate accounts team. He is a member of the Financial Analyst Society of Philadelphia. Mr. Leininger is a magna cum laude graduate of Amherst College with a degree in Economics and holds an MBA from the Wharton School at the University of Pennsylvania.
Start Date
Tenure
Tenure Rank
Mar 01, 2017
5.25
5.3%
Justin Bergner, CFA, is currently a portfolio manager for the Adviser and a Vice President at Gabelli & Company, having rejoined Gabelli & Company in June 2013 as a research analyst covering Diversified Industrials, Home Improvement, and Transport companies. He began his investment career at Gabelli & Company in 2005 as a metals and mining analyst, and subsequently spent five years at Axiom International Investors as a senior analyst focused on industrial and healthcare stocks. Before entering the investment profession, Justin worked in management consulting at both Bain & Company and Dean & Company. Justin graduated cum laude from Yale University with a B.A. in Economics & Mathematics and received an M.B.A. in Finance and Accounting from Wharton Business School.
Start Date
Tenure
Tenure Rank
Sep 18, 2017
4.7
4.7%
Sarah Donnelly is a portfolio manager of Gabelli & Company, Inc., which she joined in 1999 as a research analyst. Ms. Donnelly currently follows the food and household products industries as a member of the consumer products team. She received a B.S. in Business Administration with a concentration in Finance and minor in History from Fordham University and currently serves on the advisory board of the Gabelli Center for Global Security Analysis at Fordham University.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.12 | 6.71 |
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