Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.2%
1 yr return
38.8%
3 Yr Avg Return
4.9%
5 Yr Avg Return
12.9%
Net Assets
$1.01 B
Holdings in Top 10
65.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.39%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 45.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GGCAX - Profile
Distributions
- YTD Total Return 10.2%
- 3 Yr Annualized Total Return 4.9%
- 5 Yr Annualized Total Return 12.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.90%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameThe Gabelli Growth Fund
-
Fund Family NameGabelli
-
Inception DateJan 27, 2004
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHoward Ward
Fund Description
The Fund will primarily invest in common stocks. The Fund may also invest in foreign securities. The Fund focuses on securities of companies which appear to have favorable, yet undervalued, prospects for earnings growth and price appreciation. The Fund’s investment adviser, Gabelli Funds, LLC (the “Adviser”), invests the Fund’s assets in companies which the portfolio manager believes have above average or expanding market shares, profit margins, and returns on equity. The Adviser will sell any Fund investments that lose their perceived value when compared with other investment alternatives in the judgment of the portfolio manager.
The Adviser uses fundamental security analysis to develop earnings forecasts for companies and to identify investment opportunities. The Adviser bases its analysis on general economic and industry data provided by the U.S. Government, various trade associations and other sources, and published corporate financial data such as annual reports, 10-Ks, and quarterly statements as well as direct interviews with company management. Generally, the Adviser makes investment decisions first by looking at individual companies
and then by scrutinizing their growth prospects in relation to their industries and the overall economy. The Adviser seeks to invest in companies with high future earnings potential relative to their current market valuations. The Fund may invest up to 25% of its total assets in securities of non-U.S. issuers.
The Fund’s assets will be invested primarily in a broad range of readily marketable equity securities consisting of common stock and preferred stock. Many of these common stocks will not pay dividends; instead, stocks will be bought for the potential that their prices will increase, providing capital appreciation for the Fund. The value of equity securities will fluctuate due to many factors, including the past and predicted earnings of the issuer, the quality of the issuer’s management, general market conditions, the forecasts for the issuer’s industry, and the value of the issuer’s assets. Holders of equity securities only have rights to value in the company after all issuer debts have been paid, and they could lose their entire investment in a company that encounters financial difficulty. The Fund may also buy warrants which are rights to purchase securities at a specified time at a specified price. For additional information about selection of investments suitable for the Fund, see page 7 of the prospectus.
GGCAX - Performance
Return Ranking - Trailing
Period | GGCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.2% | -12.8% | 20.4% | 12.28% |
1 Yr | 38.8% | -24.9% | 62.2% | 7.19% |
3 Yr | 4.9%* | -30.4% | 21.5% | 50.62% |
5 Yr | 12.9%* | -16.7% | 27.8% | 47.72% |
10 Yr | 12.8%* | -6.0% | 18.7% | 49.69% |
* Annualized
Return Ranking - Calendar
Period | GGCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 43.0% | -65.6% | 72.4% | 18.01% |
2022 | -39.0% | -85.9% | 4.7% | 73.79% |
2021 | 16.7% | -52.4% | 60.5% | 22.69% |
2020 | 30.0% | -34.3% | 145.0% | 37.60% |
2019 | 20.4% | -21.8% | 49.4% | 74.66% |
Total Return Ranking - Trailing
Period | GGCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.2% | -12.8% | 20.4% | 12.28% |
1 Yr | 38.8% | -24.9% | 62.2% | 7.19% |
3 Yr | 4.9%* | -30.4% | 21.5% | 50.62% |
5 Yr | 12.9%* | -16.7% | 27.8% | 47.72% |
10 Yr | 12.8%* | -6.0% | 18.7% | 49.69% |
* Annualized
Total Return Ranking - Calendar
Period | GGCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 45.4% | -4.6% | 72.4% | 16.97% |
2022 | -39.0% | -61.7% | 5.6% | 90.33% |
2021 | 22.5% | -39.8% | 118.1% | 47.06% |
2020 | 39.1% | 2.8% | 149.2% | 35.21% |
2019 | 34.2% | -5.2% | 49.4% | 41.20% |
NAV & Total Return History
GGCAX - Holdings
Concentration Analysis
GGCAX | Category Low | Category High | GGCAX % Rank | |
---|---|---|---|---|
Net Assets | 1.01 B | 242 K | 269 B | 57.72% |
Number of Holdings | 32 | 2 | 3211 | 87.19% |
Net Assets in Top 10 | 588 M | 109 K | 111 B | 54.20% |
Weighting of Top 10 | 65.26% | 0.7% | 100.3% | 5.21% |
Top 10 Holdings
- Microsoft Corp 14.07%
- Apple Inc 10.91%
- Amazon.com Inc 7.62%
- NVIDIA Corp 6.19%
- Alphabet Inc 5.30%
- Meta Platforms Inc 4.84%
- ServiceNow Inc 4.35%
- Eli Lilly Co 4.26%
- UnitedHealth Group Inc 3.88%
- Netflix Inc 3.83%
Asset Allocation
Weighting | Return Low | Return High | GGCAX % Rank | |
---|---|---|---|---|
Stocks | 99.81% | 0.00% | 130.05% | 13.07% |
Bonds | 0.27% | 0.00% | 104.29% | 2.86% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 26.58% |
Other | 0.00% | -43.49% | 50.04% | 33.42% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 14.72% |
Cash | 0.00% | 0.00% | 99.00% | 96.28% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GGCAX % Rank | |
---|---|---|---|---|
Technology | 51.55% | 0.00% | 65.70% | 2.51% |
Communication Services | 15.38% | 0.00% | 66.40% | 11.69% |
Healthcare | 12.30% | 0.00% | 39.76% | 54.29% |
Consumer Cyclical | 9.82% | 0.00% | 62.57% | 86.58% |
Financial Services | 7.42% | 0.00% | 43.06% | 67.88% |
Basic Materials | 2.12% | 0.00% | 18.91% | 29.44% |
Consumer Defense | 1.41% | 0.00% | 25.50% | 77.75% |
Utilities | 0.00% | 0.00% | 16.07% | 38.35% |
Real Estate | 0.00% | 0.00% | 16.05% | 72.21% |
Industrials | 0.00% | 0.00% | 30.65% | 93.85% |
Energy | 0.00% | 0.00% | 41.09% | 58.87% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GGCAX % Rank | |
---|---|---|---|---|
US | 99.81% | 0.00% | 130.05% | 10.04% |
Non US | 0.00% | 0.00% | 78.10% | 39.31% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GGCAX % Rank | |
---|---|---|---|---|
Derivative | 0.00% | -44.09% | 30.46% | 22.60% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 85.19% |
Securitized | 0.00% | 0.00% | 43.70% | 10.48% |
Corporate | 0.00% | 0.00% | 100.00% | 25.62% |
Municipal | 0.00% | 0.00% | 0.57% | 10.48% |
Government | 0.00% | 0.00% | 12.45% | 11.67% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GGCAX % Rank | |
---|---|---|---|---|
US | 0.27% | 0.00% | 104.29% | 2.86% |
Non US | 0.00% | 0.00% | 0.00% | 9.78% |
GGCAX - Expenses
Operational Fees
GGCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.39% | 0.01% | 28.71% | 22.92% |
Management Fee | 1.00% | 0.00% | 1.40% | 96.43% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 28.17% |
Administrative Fee | N/A | 0.01% | 1.02% | 7.20% |
Sales Fees
GGCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 2.25% | 8.50% | 6.21% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GGCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 8.89% |
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.
GGCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 45.00% | 0.00% | 316.74% | 63.05% |
GGCAX - Distributions
Dividend Yield Analysis
GGCAX | Category Low | Category High | GGCAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 28.16% | 51.30% |
Dividend Distribution Analysis
GGCAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | SemiAnnual | Annual |
Net Income Ratio Analysis
GGCAX | Category Low | Category High | GGCAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.90% | -6.13% | 1.75% | 84.26% |
Capital Gain Distribution Analysis
GGCAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2019 | $7.558 | OrdinaryDividend |
Dec 23, 2013 | $0.022 | OrdinaryDividend |
Dec 27, 2012 | $0.043 | OrdinaryDividend |
Dec 28, 2011 | $0.083 | OrdinaryDividend |
GGCAX - Fund Manager Analysis
Managers
Howard Ward
Start Date
Tenure
Tenure Rank
Jan 03, 1995
27.42
27.4%
Mr. Howard F. Ward, CFA, Senior Vice President of GBL, is a portfolio manager. He joined GBL in 1995 and currently serves as GBL’s Chief Investment Officer of Growth Products. Mr. Ward is also a portfolio manager. Previously, he was managing director with Scudder, Stevens & Clark from 1982 to 1995. Prior to that, Ward was an investment officer in the institutional-investment department for four years with Brown Brothers, Harriman & Company. He is a member of the Investment Council Association of America and the New York Society of Security Analysts.
Christopher Ward
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
Mr. Christopher D. Ward, CFA, Vice President of GAMCO Investors, Inc., He joined the GAMCO Growth team in 2015 as Vice President and Research Analyst. Prior to joining GAMCO, Mr. Ward spent five years at Morgan Stanley Private Wealth Management where he served as Director of Business Strategy. Before joining Morgan Stanley, he was with the GFI Group, Inc., a wholesale institutional brokerage firm. Mr. Ward is a member of the New York Society of Security Analysts. He graduated from Boston College with a B.A. in Economics.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.26 | 2.92 |