XXXXXXXXX
The Fund’s primary goal is to seek growth of capital. The Fund’s secondary goal is to produce current income. The Fund invests primarily in equity securities of companies (common stock, preferred stock, and securities that may be converted at a later time into common stock) that are selling in the public market at a significant discount to their “private market value.” Private market value is the value that Gabelli Funds, LLC (the “Adviser”), the Fund’s investment adviser, believes informed investors would be willing to pay for a company. Shares of the Fund are available to the public only through the purchase of certain variable annuity and variable life insurance contracts issued by the Guardian Insurance & Annuity Company, Inc.
Mario J. Gabelli is the Chairman and Chief Executive Officer of GAMCO Investors, Inc., the firm he founded in 1977. A 1965 summa cum laude graduate of Fordham University’s College of Business Administration, he also holds an M.B.A. from Columbia University Graduate School of Business, and honorary doctorates from Fordham University and Roger Williams University…. More
Supported by a centralized team of 30+ sector-focused analysts supporting Growth and Value portfolios
A graphical measurement of a portfolio’s net return that simulates the performance of an initial investment of $10,000 over the given time period.
| Symbol | Company | Sector | Portfolio |
|---|---|---|---|
| BK | BANK OF NEW YORK MELLON CORP/THE | Financials | 2,667,066.00 |
| SONY | SONY GROUP CORP | Consumer Discretionary | 2,539,000.00 |
| HEI | HEICO CORP | Industrials | 2,431,429.00 |
| PARAA | PARAMOUNT GLOBAL | 2,240,875.00 | |
| USM | UNITED STATES CELLULAR CORP | Communication Services | 1,936,200.00 |
| NEM | NEWMONT CORP | Materials | 1,738,080.00 |
| NFG | NATIONAL FUEL GAS CO | Utilities | 1,678,828.00 |
| AME | AMETEK INC | Industrials | 1,618,116.00 |
| ITT | ITT INC | Industrials | 1,588,668.00 |
| TXN | TEXAS INSTRUMENTS INC | Information Technology | 1,581,360.00 |
Gross Expense Ratio
1.30%
Net Expense Ratio
1.30%
Maximum Sales Charge
N/A
The Capital Asset Fund was fully liquidated on June 10, 2025. At that time, all remaining shareholders were redeemed at the net asset value (NAV) per share. After liquidation, the Fund will no longer operate or hold assets. For more information, please call 1-800-GABELLI.
