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The Gabelli Global Growth Fund
GICPX (Mutual Fund)
The Gabelli Global Growth Fund
Name
As of 12/13/2024Price
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
Vitals
YTD Return
34.0%
1 yr return
36.5%
3 Yr Avg Return
5.1%
5 Yr Avg Return
13.6%
Net Assets
$169 M
Holdings in Top 10
44.6%
52 WEEK LOW AND HIGH
$61.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.61%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 49.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
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
GICPX - Profile
Distributions
- YTD Total Return 34.0%
- 3 Yr Annualized Total Return 5.1%
- 5 Yr Annualized Total Return 13.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.49%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameThe Gabelli Global Growth Fund
-
Fund Family NameGabelli
-
Inception DateJun 29, 1998
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCaesar Bryan
Fund Description
Under normal market conditions, the Global Growth Fund will invest at least 65% of its total assets in common stocks of companies which the portfolio manager believes are likely to have rapid growth in revenues and earnings and potential for above average capital appreciation or are undervalued. The Global Growth Fund invests primarily in common stocks of foreign and domestic small capitalization, mid capitalization, and large capitalization issuers. As a “global” fund, the Global Growth Fund invests in securities of issuers, or related investments thereof, located in at least three countries, and at least 40% of the Global Growth Fund’s total net assets is invested in securities of non-U.S. issuers or related investments thereof.
To achieve the Global Growth Fund’s primary objective of capital appreciation, the Adviser employs a disciplined investment program focusing on the globalization and interactivity of the world’s market place. The Global Growth Fund invests in companies at the forefront of accelerated growth.
The Global Growth Fund invests primarily in common stocks of foreign and domestic mid capitalization and large capitalization issuers. In addition to growth rates, stock valuation levels are important in the stock selection process as the Global Growth Fund seeks stocks that are attractively priced relative to their projected growth rates. The Global Growth Fund seeks to build a portfolio diversified by geographic region, industry sectors and individual issues within industry sectors. The Global Growth Fund invests primarily in developed markets but may invest in emerging markets as well. The Global Growth Fund invests in companies with a wide range in market capitalizations, from small to large.
GICPX - Performance
Return Ranking - Trailing
| Period | GICPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 34.0% | -35.6% | 29.2% | 94.85% |
| 1 Yr | 36.5% | 17.3% | 252.4% | 66.82% |
| 3 Yr | 5.1%* | -3.5% | 34.6% | 14.84% |
| 5 Yr | 13.6%* | 0.1% | 32.7% | 15.70% |
| 10 Yr | 12.0%* | -6.9% | 18.3% | 14.47% |
* Annualized
Return Ranking - Calendar
| Period | GICPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 34.1% | -24.3% | 957.1% | 9.34% |
| 2022 | -37.6% | -38.3% | 47.1% | 65.87% |
| 2021 | 16.2% | -54.2% | 0.6% | 16.42% |
| 2020 | 32.3% | -76.0% | 54.1% | 17.57% |
| 2019 | 18.8% | -26.1% | 47.8% | 94.58% |
Total Return Ranking - Trailing
| Period | GICPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 34.0% | -35.6% | 29.2% | 95.08% |
| 1 Yr | 36.5% | 11.4% | 252.4% | 62.50% |
| 3 Yr | 5.1%* | -3.5% | 34.6% | 13.63% |
| 5 Yr | 13.6%* | 0.1% | 32.7% | 15.03% |
| 10 Yr | 12.0%* | -6.9% | 18.3% | 13.91% |
* Annualized
Total Return Ranking - Calendar
| Period | GICPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 34.5% | -24.3% | 957.1% | 9.34% |
| 2022 | -37.5% | -33.1% | 47.1% | 66.37% |
| 2021 | 21.1% | -44.4% | 1.8% | 3.50% |
| 2020 | 35.4% | -6.5% | 54.1% | 18.45% |
| 2019 | 30.7% | -14.4% | 47.8% | 74.16% |
NAV & Total Return History
GICPX - Holdings
Concentration Analysis
| GICPX | Category Low | Category High | GICPX % Rank | |
|---|---|---|---|---|
| Net Assets | 169 M | 199 K | 133 B | 63.27% |
| Number of Holdings | 46 | 1 | 9075 | 53.85% |
| Net Assets in Top 10 | 83.7 M | -18 M | 37.6 B | 62.22% |
| Weighting of Top 10 | 44.59% | 9.1% | 100.0% | 36.73% |
Top 10 Holdings
- NVIDIA Corp 6.86%
- Microsoft Corp 5.59%
- Amazon.com Inc 5.56%
- Meta Platforms Inc 5.49%
- Eli Lilly Co 4.40%
- Netflix Inc 4.31%
- Trane Technologies PLC 3.27%
- Alphabet Inc 3.06%
- L'Oreal SA 3.04%
- Apple Inc 3.02%
Asset Allocation
| Weighting | Return Low | Return High | GICPX % Rank | |
|---|---|---|---|---|
| Stocks | 93.79% | 61.84% | 125.47% | 2.20% |
| Bonds | 6.32% | -1.50% | 161.67% | 20.70% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 25.11% |
| Other | 0.00% | -13.98% | 19.14% | 33.81% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 16.74% |
| Cash | 0.00% | -174.70% | 23.12% | 93.61% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GICPX % Rank | |
|---|---|---|---|---|
| Technology | 48.29% | 0.00% | 49.87% | 1.98% |
| Consumer Cyclical | 18.89% | 0.00% | 40.94% | 16.30% |
| Healthcare | 13.20% | 0.00% | 35.42% | 76.65% |
| Communication Services | 7.72% | 0.00% | 57.66% | 25.66% |
| Financial Services | 6.81% | 0.00% | 38.42% | 83.37% |
| Consumer Defense | 2.19% | 0.00% | 73.28% | 63.55% |
| Industrials | 1.93% | 0.00% | 44.06% | 88.99% |
| Basic Materials | 0.97% | 0.00% | 38.60% | 81.28% |
| Utilities | 0.00% | 0.00% | 29.12% | 45.15% |
| Real Estate | 0.00% | 0.00% | 39.48% | 48.68% |
| Energy | 0.00% | 0.00% | 21.15% | 71.37% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GICPX % Rank | |
|---|---|---|---|---|
| US | 81.14% | 0.13% | 103.82% | 10.57% |
| Non US | 12.65% | 0.58% | 99.46% | 84.80% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | GICPX % Rank | |
|---|---|---|---|---|
| Derivative | 0.00% | 0.00% | 100.00% | 0.22% |
| Cash & Equivalents | 0.00% | 0.00% | 100.00% | 99.66% |
| Securitized | 0.00% | 0.00% | 24.65% | 10.18% |
| Corporate | 0.00% | 0.00% | 99.70% | 34.23% |
| Municipal | 0.00% | 0.00% | 0.70% | 10.18% |
| Government | 0.00% | 0.00% | 100.00% | 18.12% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | GICPX % Rank | |
|---|---|---|---|---|
| US | 6.32% | -0.01% | 130.80% | 20.70% |
| Non US | 0.00% | -11.21% | 30.87% | 15.53% |
GICPX - Expenses
Operational Fees
| GICPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.61% | 0.01% | 44.27% | 29.65% |
| Management Fee | 1.00% | 0.00% | 1.82% | 95.62% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 19.73% |
| Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
| GICPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GICPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 23.53% |
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.
| GICPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 49.00% | 0.00% | 395.00% | 64.22% |
GICPX - Distributions
Dividend Yield Analysis
| GICPX | Category Low | Category High | GICPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.22% | 0.00% | 3.26% | 14.77% |
Dividend Distribution Analysis
| GICPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
| GICPX | Category Low | Category High | GICPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.49% | -4.27% | 12.65% | 79.66% |
Capital Gain Distribution Analysis
| GICPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $0.137 | OrdinaryDividend |
| Dec 28, 2022 | $0.000 | OrdinaryDividend |
| Dec 28, 2022 | $0.060 | CapitalGainLongTerm |
| Dec 29, 2021 | $0.020 | OrdinaryDividend |
| Dec 29, 2021 | $2.280 | CapitalGainLongTerm |
| Dec 29, 2020 | $1.116 | OrdinaryDividend |
| Dec 27, 2019 | $3.596 | CapitalGainLongTerm |
| Dec 27, 2018 | $2.520 | CapitalGainLongTerm |
| Dec 27, 2017 | $1.055 | CapitalGainLongTerm |
| Dec 28, 2016 | $1.758 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.133 | OrdinaryDividend |
| Dec 29, 2015 | $1.601 | CapitalGainLongTerm |
| Dec 29, 2015 | $0.020 | OrdinaryDividend |
| Dec 29, 2014 | $2.014 | CapitalGainLongTerm |
| Dec 29, 2014 | $0.118 | OrdinaryDividend |
| Dec 12, 2013 | $0.362 | CapitalGainShortTerm |
| Dec 12, 2013 | $2.552 | CapitalGainLongTerm |
| Dec 27, 2012 | $0.131 | CapitalGainShortTerm |
| Dec 27, 2012 | $0.812 | CapitalGainLongTerm |
| Dec 27, 2012 | $0.021 | OrdinaryDividend |
| Dec 31, 2008 | $0.102 | ExtraDividend |
| Dec 29, 2008 | $0.002 | OrdinaryDividend |
| Dec 27, 2007 | $0.091 | OrdinaryDividend |
| Dec 27, 2006 | $0.062 | OrdinaryDividend |
GICPX - Fund Manager Analysis
Managers
Caesar Bryan
Start Date
Tenure
Tenure Rank
Dec 31, 2000
21.43
21.4%
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.
Howard Ward
Start Date
Tenure
Tenure Rank
Dec 31, 2005
16.42
16.4%
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 |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |
