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Trending ETFs

Name

As of 05/20/2024

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

$31.98

$5.26 M

0.00%

0.90%

Vitals

YTD Return

13.0%

1 yr return

32.0%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$5.26 M

Holdings in Top 10

45.1%

52 WEEK LOW AND HIGH

$31.8
$23.64
$31.98

Expenses

OPERATING FEES

Expense Ratio 0.90%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/20/2024

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

$31.98

$5.26 M

0.00%

0.90%

GCAD - Profile

Distributions

  • YTD Total Return 13.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Gabelli Commercial Aerospace and Defense Fund
  • Fund Family Name
    Gabelli Fund Complex
  • Inception Date
    Jan 04, 2023
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets in income producing equity securities including securities in the aerospace and defense sectors. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts. Defense companies include producers of components and equipment for the defense industry, such as military aircraft, radar equipment and weapons. The Fund defines an “aerospace and defense” company as a company that derives at least 50% of its revenues from, or devotes 50% of its assets to, aerospace and/or defense related activities, or has an identified business line that derives at least 50% of its revenues from, or devotes 50% of its assets to, aerospace and/or defense related activities. Income producing equity securities include U.S. exchange-listed common stock and preferred stock. The Fund may also invest in foreign securities by investing in American Depositary Receipts. In making stock selections, the Adviser looks for securities 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 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; and
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 of selected companies offer opportunities for capital appreciation as well as periodic income and may invest a portion of the 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 will trade more like common stock than like a fixed income security and may result in above average appreciation if performance improves. This leads to the possibility of capital appreciation if the price of the common stock recovers.

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GCAD - Performance

Return Ranking - Trailing

Period GCAD Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% N/A N/A N/A
1 Yr 32.0% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period GCAD Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period GCAD Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% N/A N/A N/A
1 Yr 32.0% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period GCAD Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

GCAD - Holdings

Concentration Analysis

GCAD Category Low Category High GCAD % Rank
Net Assets 5.26 M N/A N/A N/A
Number of Holdings 26 N/A N/A N/A
Net Assets in Top 10 1.97 M N/A N/A N/A
Weighting of Top 10 45.07% N/A N/A N/A

Top 10 Holdings

  1. Moog Inc 6.11%
  2. Boeing Co/The 5.95%
  3. Spirit AeroSystems Holdings Inc 5.37%
  4. Ducommun Inc 4.73%
  5. Curtiss-Wright Corp 4.02%
  6. Textron Inc 3.91%
  7. Woodward Inc 3.79%
  8. Hexcel Corp 3.75%
  9. L3Harris Technologies Inc 3.75%
  10. Crane Co 3.69%

Asset Allocation

Weighting Return Low Return High GCAD % Rank
Stocks
72.04% N/A N/A N/A
Cash
27.97% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High GCAD % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High GCAD % Rank
US
72.04% N/A N/A N/A
Non US
0.00% N/A N/A N/A

GCAD - Expenses

Operational Fees

GCAD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% N/A N/A N/A
Management Fee 0.90% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

GCAD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

GCAD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

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.

GCAD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

GCAD - Distributions

Dividend Yield Analysis

GCAD Category Low Category High GCAD % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

GCAD Category Low Category High Category Mod
Dividend Distribution Frequency None

Net Income Ratio Analysis

GCAD Category Low Category High GCAD % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

GCAD Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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GCAD - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A