Gabelli Asset Fund (The) (GABAX) Research
The primary objective of this fund is capital growth, with a secondary aim of generating current income. It primarily allocates its investments to common and preferred equity securities. In selecting investments, the fund targets a 10% real rate of return. Its strategy involves identifying companies whose shares appear undervalued when compared to their private market value (PMV). Typically, at least 80% of its total assets are committed to stocks traded on established securities exchanges or similar marketplaces. Furthermore, the fund has the flexibility to allocate up to 25% of its total assets to securities issued by non-U.S. entities.
Market snapshot
- Symbol
- GABAX
- Price
- $51.77
- Day change
- +0.58%
- Market cap
- $1.6B
- 52-week range
- 46.54-53.85
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- MS Insight Fund Class A (CPOAX)
- MS Insight Fund Class I (CPODX)
- Allspring Diversified Capital Builder Fund Class A (EKBAX)
- Allspring Diversified Capital Builder Fund Administrator Class (EKBDX)
- Federated Hermes MDT Large Cap Value Fund Service Shares (FSTKX)
- Federated Hermes MDT Large Cap Value Fund Class R6 (FSTLX)
- Federated Hermes MDT Large Cap Value Fund Class A (FSTRX)
- NYLI MacKay Convertible Fund Investor Class (MCINX)
Open Gabelli Asset Fund (The) (GABAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.