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Trending ETFs

GABELLI GOLD FUND INC

mutual fund
GLDAX
Payout Change
Pending
Price as of:
$22.57 +0.41 +1.85%
primary theme
Precious Metals Industry Equity
GLDAX (Mutual Fund)

GABELLI GOLD FUND INC

Payout Change
Pending
Price as of:
$22.57 +0.41 +1.85%
primary theme
Precious Metals Industry Equity
GLDAX (Mutual Fund)

GABELLI GOLD FUND INC

Payout Change
Pending
Price as of:
$22.57 +0.41 +1.85%
primary theme
Precious Metals Industry 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

GABELLI GOLD FUND INC

GLDAX | Fund

$22.57

$369 M

0.90%

$0.20

1.55%

Vitals

YTD Return

25.7%

1 yr return

30.9%

3 Yr Avg Return

8.6%

5 Yr Avg Return

8.7%

Net Assets

$369 M

Holdings in Top 10

54.5%

52 WEEK LOW AND HIGH

$22.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.55%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 14.00%

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

GABELLI GOLD FUND INC

GLDAX | Fund

$22.57

$369 M

0.90%

$0.20

1.55%

GLDAX - Profile

Distributions

  • YTD Total Return 25.7%
  • 3 Yr Annualized Total Return 8.6%
  • 5 Yr Annualized Total Return 8.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.16%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    GABELLI GOLD FUND INC
  • Fund Family Name
    Gabelli Fund Complex
  • Inception Date
    Jun 26, 2019
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Caesar Bryan

Fund Description

Under normal circumstances, the Fund 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 “80% Investment Policy”).

In selecting investments for the Fund, Gabelli Funds, LLC (the “Adviser”), focuses on stocks that are undervalued, but which appear to have favorable prospects for growth. Factors considered in this determination include capitalization per ounce of gold production, capitalization per ounce of recoverable reserves, quality of management, and the issuer’s ability to create shareholder wealth.

Because most of the world’s gold production is outside of the United States, the Fund expects that a significant portion of its assets may be invested in securities of foreign issuers, including those located in emerging markets.

An important function of the Adviser’s investment process is to, among other things, establish through the Adviser’s research, a value at which a particular stock may be sold, provided there are no other fundamental

changes in the business. The Adviser constantly monitors the Fund’s holdings to determine if such holdings continue to act in accordance with the factors described above and the Fund’s investment objective. The Adviser may sell a holding if its fundamentals deteriorate or change in a way, as determined by the Adviser, that the investment case for the holding is no longer appropriate for the Fund.

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GLDAX - Performance

Return Ranking - Trailing

Period GLDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.7% -28.9% 36.9% 40.00%
1 Yr 30.9% -22.8% 44.9% 63.08%
3 Yr 8.6%* -25.9% 11.6% 20.00%
5 Yr 8.7%* -0.7% 11.6% 46.88%
10 Yr N/A* -2.1% 10.8% 8.93%

* Annualized

Return Ranking - Calendar

Period GLDAX Return Category Return Low Category Return High Rank in Category (%)
2023 6.7% -19.2% 10.1% 21.54%
2022 -11.0% -32.9% -1.3% 24.62%
2021 -9.0% -51.0% 70.4% 21.54%
2020 24.2% 10.6% 63.4% 62.50%
2019 N/A -1.0% 54.7% 49.18%

Total Return Ranking - Trailing

Period GLDAX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.7% -28.9% 36.9% 40.00%
1 Yr 30.9% -22.8% 44.9% 63.08%
3 Yr 8.6%* -25.9% 11.6% 20.00%
5 Yr 8.7%* -0.7% 11.6% 46.88%
10 Yr N/A* -2.1% 10.8% 14.55%

* Annualized

Total Return Ranking - Calendar

Period GLDAX Return Category Return Low Category Return High Rank in Category (%)
2023 7.9% -19.2% 12.3% 20.00%
2022 -11.0% -32.9% 2.7% 27.69%
2021 -9.0% -23.6% 80.2% 33.85%
2020 26.4% 10.6% 70.6% 67.19%
2019 N/A 0.7% 58.5% 49.18%

NAV & Total Return History


GLDAX - Holdings

Concentration Analysis

GLDAX Category Low Category High GLDAX % Rank
Net Assets 369 M 12.9 M 13.7 B 67.69%
Number of Holdings 50 22 268 61.54%
Net Assets in Top 10 194 M 11.1 M 9.64 B 73.85%
Weighting of Top 10 54.51% 31.4% 87.4% 52.31%

Top 10 Holdings

  1. Newmont Corp 10.35%
  2. Northern Star Resources Ltd 6.80%
  3. Kinross Gold Corp 5.47%
  4. Wheaton Precious Metals Corp 5.43%
  5. Agnico Eagle Mines Ltd 5.35%
  6. Barrick Gold Corp 4.65%
  7. Alamos Gold Inc 4.35%
  8. Endeavour Mining PLC 4.19%
  9. Franco-Nevada Corp 3.96%
  10. Agnico Eagle Mines Ltd 3.95%

Asset Allocation

Weighting Return Low Return High GLDAX % Rank
Stocks
99.95% 79.45% 119.48% 12.31%
Cash
0.05% 0.00% 13.94% 95.38%
Preferred Stocks
0.00% 0.00% 0.71% 87.69%
Other
0.00% -1.52% 17.99% 89.23%
Convertible Bonds
0.00% 0.00% 0.00% 87.69%
Bonds
0.00% 0.00% 3.33% 87.69%

Stock Sector Breakdown

Weighting Return Low Return High GLDAX % Rank
Basic Materials
100.00% 93.10% 100.00% 66.15%
Utilities
0.00% 0.00% 0.02% 87.69%
Technology
0.00% 0.00% 0.19% 87.69%
Real Estate
0.00% 0.00% 0.00% 87.69%
Industrials
0.00% 0.00% 4.56% 87.69%
Healthcare
0.00% 0.00% 0.00% 87.69%
Financial Services
0.00% 0.00% 0.14% 87.69%
Energy
0.00% 0.00% 2.88% 87.69%
Communication Services
0.00% 0.00% 0.00% 87.69%
Consumer Defense
0.00% 0.00% 0.00% 87.69%
Consumer Cyclical
0.00% 0.00% 2.75% 87.69%

Stock Geographic Breakdown

Weighting Return Low Return High GLDAX % Rank
Non US
58.89% 0.00% 90.88% 50.77%
US
41.06% 4.58% 93.04% 55.38%

GLDAX - Expenses

Operational Fees

GLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.55% 0.39% 5.11% 26.15%
Management Fee 1.00% 0.35% 1.00% 100.00%
12b-1 Fee 0.25% 0.00% 1.00% 60.00%
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

GLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.50% 5.75% 38.46%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 66.67%

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.

GLDAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 1.00% 114.00% 26.98%

GLDAX - Distributions

Dividend Yield Analysis

GLDAX Category Low Category High GLDAX % Rank
Dividend Yield 0.90% 0.00% 4.36% 35.38%

Dividend Distribution Analysis

GLDAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

GLDAX Category Low Category High GLDAX % Rank
Net Income Ratio 0.16% -18.00% 5.11% 67.69%

Capital Gain Distribution Analysis

GLDAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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GLDAX - Fund Manager Analysis

Managers

Caesar Bryan


Start Date

Tenure

Tenure Rank

Jul 11, 1994

27.91

27.9%

Mr. Bryan is a Senior Vice President and Portfolio Manager with GAMCO Asset Management Inc., a wholly owned subsidiary of GBL. Mr. Bryan has also been a Co-Lead Portfolio Manager of GAMCO Global Gold, Natural Resources & Income Trust since March 2005 and The GAMCO Natural Resources, Gold & Income Trust since January 2011.

Christopher Mancini


Start Date

Tenure

Tenure Rank

Feb 01, 2021

1.33

1.3%

Tenure Analysis

Category Low Category High Category Average Category Mode
1.25 34.34 11.89 3.67