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Trending ETFs

THE GABELLI EQUITY INCOME FUND

mutual fund
GEICX
Payout Change
Pending
Price as of:
$7.76 -0.04 -0.51%
primary theme
International Large-Cap Blend Equity
share class
I (GCIEX) A (GCAEX) C (GEICX) A (GABEX)
GEICX (Mutual Fund)

THE GABELLI EQUITY INCOME FUND

Payout Change
Pending
Price as of:
$7.76 -0.04 -0.51%
primary theme
International Large-Cap Blend Equity
share class
I (GCIEX) A (GCAEX) C (GEICX) A (GABEX)
GEICX (Mutual Fund)

THE GABELLI EQUITY INCOME FUND

Payout Change
Pending
Price as of:
$7.76 -0.04 -0.51%
primary theme
International Large-Cap Blend Equity
share class
I (GCIEX) A (GCAEX) C (GEICX) A (GABEX)

Name

As of 12/13/2024

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

THE GABELLI EQUITY INCOME FUND

GEICX | Fund

$7.76

$466 M

0.17%

$0.01

2.18%

Vitals

YTD Return

10.3%

1 yr return

11.1%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$466 M

Holdings in Top 10

25.8%

52 WEEK LOW AND HIGH

$7.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.18%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 48.00%

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$1,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/13/2024

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

THE GABELLI EQUITY INCOME FUND

GEICX | Fund

$7.76

$466 M

0.17%

$0.01

2.18%

GEICX - Profile

Distributions

  • YTD Total Return 10.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.20%
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
    Jun 01, 2023
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ralph R. Layman

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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GEICX - Performance

Return Ranking - Trailing

Period GEICX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.3% -3.4% 32.4% 16.59%
1 Yr 11.1% -1.8% 38.8% 20.38%
3 Yr N/A* -13.6% 48.1% N/A
5 Yr N/A* -34.2% 74.9% N/A
10 Yr N/A* 1.2% 32.4% N/A

* Annualized

Return Ranking - Calendar

Period GEICX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -1.4% 22.0% N/A
2022 N/A -43.6% 71.3% N/A
2021 N/A -28.5% 18.9% N/A
2020 N/A -90.1% 992.1% N/A
2019 N/A -1.9% 38.8% N/A

Total Return Ranking - Trailing

Period GEICX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.3% -3.4% 32.4% 16.59%
1 Yr 11.1% -1.8% 38.8% 20.38%
3 Yr N/A* -13.6% 48.1% N/A
5 Yr N/A* -34.2% 74.9% N/A
10 Yr N/A* 1.2% 32.4% N/A

* Annualized

Total Return Ranking - Calendar

Period GEICX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A 3.2% 23.8% N/A
2022 N/A -43.6% 144.8% N/A
2021 N/A -22.6% 56.0% N/A
2020 N/A -89.7% 1010.8% N/A
2019 N/A 4.3% 38.8% N/A

NAV & Total Return History

GEICX - Holdings

Concentration Analysis

GEICX Category Low Category High GEICX % Rank
Net Assets 466 M 3.3 M 425 B 61.78%
Number of Holdings 213 1 10481 41.81%
Net Assets in Top 10 125 M 1.01 M 47.5 B 58.03%
Weighting of Top 10 25.84% 4.6% 147.7% 40.66%

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 GEICX % Rank
Stocks 		100.21% 0.00% 102.63% 1.40%
Preferred Stocks 		0.00% -0.05% 6.89% 88.14%
Other 		0.00% -2.12% 47.54% 84.09%
Convertible Bonds 		0.00% 0.00% 4.18% 76.37%
Cash 		0.00% 0.00% 44.84% 99.38%
Bonds 		0.00% 0.00% 95.29% 78.47%

Stock Sector Breakdown

Weighting Return Low Return High GEICX % Rank
Financial Services 		21.45% 0.00% 47.75% 11.20%
Consumer Cyclical 		11.54% 0.00% 36.36% 24.48%
Industrials 		10.66% 5.17% 99.49% 90.72%
Healthcare 		10.37% 0.00% 20.35% 69.12%
Technology 		10.09% 0.00% 36.32% 64.96%
Basic Materials 		8.83% 0.00% 23.86% 36.96%
Consumer Defense 		8.28% 0.00% 32.29% 67.52%
Energy 		4.19% 0.00% 16.89% 67.20%
Communication Services 		3.80% 0.00% 21.69% 85.28%
Real Estate 		2.47% 0.00% 14.59% 36.64%
Utilities 		0.90% 0.00% 13.68% 76.96%

Stock Geographic Breakdown

Weighting Return Low Return High GEICX % Rank
US 		89.06% 0.00% 102.01% 4.84%
Non US 		11.15% 0.00% 99.44% 93.60%

GEICX - Expenses

Operational Fees

GEICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.18% 0.01% 19.62% 8.13%
Management Fee 1.00% 0.00% 1.65% 98.74%
12b-1 Fee 0.25% 0.00% 1.00% 54.58%
Administrative Fee 0.20% 0.01% 1.00% 84.54%

Sales Fees

GEICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.50% 5.75% 32.93%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

GEICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 74.07%

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.

GEICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 2.00% 247.00% 65.55%

GEICX - Distributions

Dividend Yield Analysis

GEICX Category Low Category High GEICX % Rank
Dividend Yield 0.17% 0.00% 17.49% 0.16%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

GEICX Category Low Category High GEICX % Rank
Net Income Ratio 0.20% -0.93% 6.38% 94.08%

Capital Gain Distribution Analysis

GEICX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

GEICX - Fund Manager Analysis

Managers

Ralph R. Layman

Start Date

Tenure

Tenure Rank

Mar 02, 1994

19.51

19.5%

Layman is responsible for the oversight and management of GE Asset Management' s public equity investment operations. He is also a Trustee for the U.S. GE Pension Trust and a member of GEAM's Asset Allocation Committee, which he chaired in 2003 and 2004. In addition, Layman serves on the boards of the Elfun Funds, GE's Savings & Securities Trusts and GEAM's London office. He joined GE in 1991 to lead GEAM's international equity investment efforts and develop the philosophy and approach for this asset class.

Michael J. Solecki

Start Date

Tenure

Tenure Rank

Dec 31, 1998

14.68

14.7%

Michael is Co-Chief Investment Officer for International Equities at GE Asset Management and Portfolio Manager for the International Equity and Europe Equity portfolios. He also shares research responsibilities for Commercial Banks. He joined GE Asset Management (GEAM) in 1991 after completing GE's Financial Management Program. While at GEAM, Michael has held a series of Portfolio Management and Analyst roles in our London and Stamford based locations. Prior to GE, he worked for Monarch Capital Corporation as a financial analyst. Michael has a BS in Finance from Western New England College and

Jonathan L. Passmore

Start Date

Tenure

Tenure Rank

Jan 28, 2002

11.6

11.6%

Jonathan is a Senior Vice President and Portfolio Manager for the International Equity (EAFE Plus) portfolio. Jonathan joined GE Asset Management in 2001 and has worked in the investment industry for 34 years. His career includes over a decade in the fixed income markets and more than twenty years experience in the non-US equity markets. Prior to joining GEAM, Jonathan was a Director of International Equity at Merrill Lynch & Co. in New York, and previously was a Director at Creditanstalt International Advisors, a Central European investment advisor. Educated in England, Jonathan is actively engaged in philanthropic activities that raise global educational standards.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.32 3.25

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