Gabelli Utilities Fund Class Institutional (GAUIX)

9.12
Net Asset Value
-0.55%
1 Day
-5.49%
Year-to-Date
Overall Morningstar Rating
Utilities
Style or Category
No Load
Sales Expenses
1.13%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks to provide a high level of total return through a combination of capital appreciation and current income. The fund invests at least 80% of its net assets in securities of domestic or foreign companies that are involved to a substantial extent in providing products- services or equipment for the generation or distribution of electricity- gas- and water and the provision of infrastructure operations or telecommunications services. It may invest up to 40% of its total assets in securities of non-U.S. issuers.

Performance

1 month+2.83% 3 years+5.43%
3 months-0.35% 5 years+6.45%
1 year+2.43% Since inception+5.82%
Data through --

Peer Comparisonvs. Utilities

 GAUIXCategory
Performance 5-yr return+6.45%+8.10%
Expense ratio1.13%1.18%
Risk 5 year sharpe ratio0.640.66
Net assets$2.1B$1.3B
Average market cap$10.6B$6.5B
Average P/E20.714.0
Portfolio turnover2%2%

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Fund Management and Purchase Info

Fund familyGabelli
Fund manager & tenureMario Gabelli / 18 Years
Minimal initial investment$500,000.00
Minimum IRA investment--

Holdings

U.S. stock75.34%
International stock20.15%
Cash2.90%
Fixed income1.51%
Other0.10%
Top 5 Sectors
Portfolio weighting
Utilities 60.85%
Telecommunication 17.88%
Energy 9.15%
Media 5.13%
Industrial materials 4.00%
Top 10 Holdings
Portfolio weighting
NFG National Fuel Gas Co4.73%
NEE NextEra Energy4.40%
SWX Southwest Gas Holdings Inc3.34%
PNM PNM Resources Inc2.91%
AEP American Electric Power Company Inc2.30%
ES Eversource Energy2.26%
WR Westar Energy Inc2.17%
EE El Paso Electric Co2.01%
WEC WEC Energy Group Inc1.77%
EIX Edison International1.75%