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Trending ETFs

THE GABELLI EQUITY INCOME FUND

mutual fund
GCAEX
Payout Change
Pending
Price as of:
$6.42 +0.0 +0.0%
primary theme
U.S. Large-Cap Blend Equity
GCAEX (Mutual Fund)

THE GABELLI EQUITY INCOME FUND

Payout Change
Pending
Price as of:
$6.42 +0.0 +0.0%
primary theme
U.S. Large-Cap Blend Equity
GCAEX (Mutual Fund)

THE GABELLI EQUITY INCOME FUND

Payout Change
Pending
Price as of:
$6.42 +0.0 +0.0%
primary theme
U.S. Large-Cap Blend Equity

Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$6.42

$466 M

0.20%

$0.01

1.43%

Vitals

YTD Return

12.6%

1 yr return

17.8%

3 Yr Avg Return

5.5%

5 Yr Avg Return

9.5%

Net Assets

$466 M

Holdings in Top 10

25.8%

52 WEEK LOW AND HIGH

$6.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.43%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 1.00%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$6.42

$466 M

0.20%

$0.01

1.43%

GCAEX - Profile

Distributions

  • YTD Total Return 12.6%
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return 9.5%
  • Capital Gain Distribution Frequency Monthly
  • Net Income Ratio 0.65%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    THE GABELLI EQUITY INCOME FUND
  • Fund Family Name
    Gabelli Fund Complex
  • Inception Date
    Dec 31, 2003
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mario Gabelli

Fund Description

The Equity Income Fund will seek to achieve its investment objective through a combination of capital appreciation and current income by investing, under normal market conditions, at least 80% of its net assets in income producing equity securities of both U.S. and non-U.S. companies. Income producing equity securities include, for example, common stock, preferred stock, and convertible securities. In making stock selections, Gabelli Funds, LLC, the Equity Income Fund’s adviser (the “Adviser”), looks for securities of issuers with any capitalization size that have a better yield than the average of the Standard and Poor’s 500 Index (the “S&P 500 Index”), as well as capital gains potential.

In selecting investments for the Equity Income Fund, the Adviser focuses on issuers that:

have strong free cash flow and pay regular dividends
have potential for long term earnings per share growth
may be subject to a value catalyst, such as industry developments, regulatory changes, changes in management, sale or spin-off of a division, or the development of a profitable new business
are well managed
will benefit from sustainable long term economic dynamics, such as globalization of an issuer’s industry or an issuer’s increased focus on productivity or enhancement of services.

The Adviser also believes preferred stock and convertible securities of selected companies offer opportunities for capital appreciation as well as periodic income and may invest a portion of the Equity Income Fund’s assets in such securities. This is particularly true in the case of companies that have performed below expectations. If a company’s performance has been poor enough, its preferred stock and convertible debt securities will trade more like common stock than like a fixed income security and may result in above average appreciation if performance improves. Even if the credit quality of the company is not in question, the market price of the convertible security will reflect little or no element of conversion value if the price of its common stock has fallen substantially below the conversion price. This leads to the possibility of capital appreciation if the price of the common stock recovers.

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GCAEX - Performance

Return Ranking - Trailing

Period GCAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.6% -9.4% 49.7% 97.44%
1 Yr 17.8% -2.0% 62.3% 96.54%
3 Yr 5.5%* -5.6% 17.4% 88.76%
5 Yr 9.5%* -0.5% 110.8% 94.62%
10 Yr 5.2%* 1.6% 52.7% 98.80%

* Annualized

Return Ranking - Calendar

Period GCAEX Return Category Return Low Category Return High Rank in Category (%)
2023 -13.7% -42.6% 47.4% 99.67%
2022 -22.2% -56.3% -4.2% 60.15%
2021 1.5% -27.2% 537.8% 91.72%
2020 -22.5% -22.5% 2181.7% 100.00%
2019 -12.5% -13.5% 40.4% 99.91%

Total Return Ranking - Trailing

Period GCAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.6% -9.4% 49.7% 97.44%
1 Yr 17.8% -2.0% 62.3% 96.54%
3 Yr 5.5%* -5.6% 17.4% 88.76%
5 Yr 9.5%* -0.5% 110.8% 94.62%
10 Yr 5.2%* 1.6% 52.7% 98.80%

* Annualized

Total Return Ranking - Calendar

Period GCAEX Return Category Return Low Category Return High Rank in Category (%)
2023 8.2% -5.0% 47.4% 97.52%
2022 -5.2% -36.8% -2.2% 2.16%
2021 23.5% 3.0% 537.8% 83.18%
2020 7.1% -15.8% 2266.0% 96.05%
2019 20.1% -0.4% 241.3% 97.97%

NAV & Total Return History


GCAEX - Holdings

Concentration Analysis

GCAEX Category Low Category High GCAEX % Rank
Net Assets 466 M 2.34 M 1.55 T 68.70%
Number of Holdings 213 2 3963 31.80%
Net Assets in Top 10 125 M 880 K 525 B 75.29%
Weighting of Top 10 25.84% 0.3% 111.6% 93.47%

Top 10 Holdings

  1. Genuine Parts Co 4.40%
  2. Bank of New York Mellon Corp/The 4.20%
  3. Deere Co 2.68%
  4. Microsoft Corp 2.39%
  5. GATX Corp 2.39%
  6. State Street Corp 2.16%
  7. Crane Co 2.01%
  8. Mueller Industries Inc 2.00%
  9. Textron Inc 1.80%
  10. Brown-Forman Corp 1.80%

Asset Allocation

Weighting Return Low Return High GCAEX % Rank
Stocks
100.21% 0.00% 105.79% 1.81%
Preferred Stocks
0.00% 0.00% 2.03% 21.25%
Other
0.00% -13.91% 100.00% 46.79%
Convertible Bonds
0.00% 0.00% 5.54% 17.52%
Cash
0.00% 0.00% 99.07% 95.55%
Bonds
0.00% 0.00% 93.85% 23.89%

Stock Sector Breakdown

Weighting Return Low Return High GCAEX % Rank
Consumer Defense
25.24% 0.00% 47.71% 0.25%
Industrials
18.59% 0.00% 29.90% 2.60%
Financial Services
17.05% 0.00% 55.59% 17.87%
Healthcare
7.56% 0.00% 52.29% 96.22%
Communication Services
7.33% 0.00% 27.94% 67.28%
Technology
6.47% 0.00% 48.94% 97.40%
Consumer Cyclical
6.16% 0.00% 30.33% 90.02%
Energy
5.79% 0.00% 41.64% 15.52%
Basic Materials
3.91% 0.00% 25.70% 20.22%
Utilities
1.36% 0.00% 20.91% 74.83%
Real Estate
0.54% 0.00% 31.91% 83.81%

Stock Geographic Breakdown

Weighting Return Low Return High GCAEX % Rank
US
89.06% 0.00% 105.79% 91.19%
Non US
11.15% 0.00% 63.83% 3.87%

GCAEX - Expenses

Operational Fees

GCAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.43% 0.01% 19.75% 15.42%
Management Fee 1.00% 0.00% 1.90% 96.27%
12b-1 Fee 0.25% 0.00% 1.00% 32.72%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

GCAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 1.00% 5.75% 5.76%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GCAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.25% 2.00% 17.95%

Related Fees

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.

GCAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 1.00% 0.00% 268.00% 0.68%

GCAEX - Distributions

Dividend Yield Analysis

GCAEX Category Low Category High GCAEX % Rank
Dividend Yield 0.20% 0.00% 25.47% 85.63%

Dividend Distribution Analysis

GCAEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Quarterly Annual

Net Income Ratio Analysis

GCAEX Category Low Category High GCAEX % Rank
Net Income Ratio 0.65% -54.00% 2.44% 52.86%

Capital Gain Distribution Analysis

GCAEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Monthly Annually Annually Annually

Distributions History

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GCAEX - Fund Manager Analysis

Managers

Mario Gabelli


Start Date

Tenure

Tenure Rank

Jan 02, 1992

30.43

30.4%

Mario Gabelli is the Founder, Chairman and Chief Investment Officer. Mr. Gabelli is one of the most respected investors in the United States and is a leading proponent of value investing. His proprietary Private Market Value with a Catalyst™ methodology has become an analytical standard in the value investing community. He holds an MBA from Columbia University Graduate School of Business, and is a summa cum laude BS graduate from Fordham University. Mr. Gabelli is a Chartered Financial Analyst. He is a member of the board of overseers of Columbia University Graduate School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.27 2.42