Gabelli Dividend is trading at 19.78 as of the 12th of December 2024; that is 0.36% up since the beginning of the trading day. The fund's open price was 19.71. Gabelli Dividend has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 18th of December 2023 and ending today, the 12th of December 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in dividend paying stocks. In addition to seeking out stocks that pay a dividend, the fund will focus on stocks that the portfolio manager believes are well positioned to increase their dividend over the long term. More on The Gabelli Dividend
The Gabelli Dividend [GABBX] is traded in USA and was established 12th of December 2024. Gabelli Dividend is listed under Gabelli category by Fama And French industry classification. The fund is listed under Large Value category and is part of Gabelli family. This fund currently has accumulated 19.41 M in assets under management (AUM) with minimum initial investment of 1 K. Gabelli Dividend is currently producing year-to-date (YTD) return of 15.18% with the current yeild of 0.0%, while the total return for the last 3 years was 5.01%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Gabelli Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Gabelli Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as The Gabelli Dividend Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in Gabelli Mutual Fund
Gabelli Dividend financial ratios help investors to determine whether Gabelli Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gabelli with respect to the benefits of owning Gabelli Dividend security.