The Gabelli Asset Fund(NASDAQMUTFUND) GABAX

Gabelli Asset Fund focuses on capital growth while also generating current income. The fund primarily invests in common and preferred equity securities, targeting undervalued companies to achieve a 10% real rate of return.

Products and Services

• Investment in common and preferred equity securities
• Focus on undervalued companies based on private market value
• Flexibility to invest up to 25% in non-U.S. securities

Growth Outlook

• Market capitalization stands at approximately $1.72 billion
• Dividend yield of 10.85% reflects strong income potential
• Stock price range between $46.54 and $54.20 indicates stability

Financial Highlights

• Recent dividend per share of $5.8185 supports income generation
• Trailing twelve months revenue of $172 million showcases consistent performance
• Beta of 0.74 suggests lower volatility compared to the overall market

Gabelli Asset Fund is positioned to attract investors seeking both growth and income. The fund's strategy of targeting undervalued companies aligns with its objective of achieving a significant real rate of return. With a robust dividend yield and a solid market capitalization, the fund demonstrates its commitment to delivering value to its investors. The recent stock price stability further enhances its appeal, making it a noteworthy option in the asset management sector.