Seeks to Uncover Hidden Value in the Micro-Cap Sector
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The Gabelli Global Mini Mites Fund aims to capitalize on market inefficiencies within the micro-cap sector by focusing on underpriced companies relative to their Private Market Value (PMV). The Fund primarily invests in micro-cap equity securities, targeting companies with market capitalizations of $250 million or less at the time of initial investment. This strategy complements a broader asset allocation approach, seeking to enhance returns by investing in overlooked and underpriced companies.
The Fund seeks to provide long-term capital appreciation.
High Conviction: A portfolio comprised of our strongest investment ideas. These often overlooked companies are not widely covered by industry analysts.
Value: Exposure to companies whose true economic potential is not yet fully recognized by the market.
Expertise: Our firm performs extensive quantitative and qualitative research on microcap value stocks, creating an in -depth and comprehensive analysis to identify opportunities in the space.
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
Hendi Susanto covers the technology sector with a focus on semiconductors, electronics, equipment, cybersecurity, IT infrastructure and software. He is a research analyst and co-portfolio manager of The Gabelli Global Mini Mites Fund. He joined the firm in 2007. Hendi spent his early career in supply chain management consulting and operations roles in the technology… 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 |
|---|---|---|---|
| TG | TREDEGAR CORP | Materials | 885,500.00 |
| B | UNITED STATES TREASURY BILL | Industrials | 617,299.85 |
| B | UNITED STATES TREASURY BILL | Industrials | 497,010.84 |
| B | UNITED STATES TREASURY BILL | Industrials | 426,740.46 |
| IVAC | INTEVAC INC | Information Technology | 400,000.00 |
| B | UNITED STATES TREASURY BILL | Industrials | 376,815.22 |
| VLN | VELAN INC | Information Technology | 316,180.81 |
| AP | AMPCO-PITTSBURGH CORP | Materials | 264,740.00 |
| PKOH | PARK-OHIO HOLDINGS CORP | Industrials | 252,720.00 |
| FSTR | L B FOSTER CO | Industrials | 240,096.00 |
Gross Expense Ratio
2.63%
Net Expense Ratio
0.91%
Maximum Sales Charge
N/A
The top ten holdings and sectors listed are not necessarily representative of the entire portfolio and are subject to change. The most recent semiannual report, which contains a more extensive list of holdings, is available from your financial adviser or by contacting the distributor, G. distributors, LLC.
The Fund’s share price will fluctuate with changes in the market value of the Fund’s portfolio securities. Stocks are subject to market, economic and business risks that cause their prices to fluctuate. When you sell Fund shares, they may be worth less than what you paid for them. Consequently, you can lose money by investing in the Fund.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus, which contains more complete information about these and other matters, should be read carefully before investing. To obtain a prospectus, please call 800-GABELLI or visit www.gabelli.com.
Returns represent past performance and do not guarantee future results. Due to market volatility, current performance may be lower or higher than the performance data quoted. Total return and average annual returns are historical and reflect changes in share price, reinvestment of dividends and capital gains and are net of expenses. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com.
Performance for periods less than one year is not annualized. Class A Shares (load adjusted) includes the effect of the maximum 5.75% sales charge at the beginning of the period. Class C Shares (load adjusted) includes the effect of the applicable 1% contingent deferred sales charge for shares redeemed up to and including the last day of the twelfth month after purchase. The Fund imposes a 2% redemption fee on shares sold or exchanged in seven days or less after the date of purchase. The S&P 500 Developed Small Cap Index is an unmanaged indicator of stock market performance, its returns do not reflect any fees, expenses, or sales charges, and it is not available for direct deposit.
Effective January 27, 2020, the Fund’s Class AAA, Class A and Class C Shares will be “closed to purchases from new investors”. With respect to the Class AAA & Class A shares, existing shareholders may continue to purchase additional shares. With respect to Class C Shares, neither new investors nor existing shareholders may purchase additional shares after the effective date. These changes will have no effect on existing shareholders’ ability to redeem shares of the Fund as described in the Fund’s Summary Prospectus.
Funds concentrating in specific sectors may experience greater fluctuations in value than funds that are more diversified. Investing in foreign securities involves risks not ordinarily associated with investments in domestic issues including currency fluctuations, economic and political risks.
Investing in micro capitalization stocks may involve greater risk than investing in small, medium and large capitalization stocks since they can be subject to more abrupt or erratic movements in price. Micro cap companies may be illiquid. Not FDIC Insured. Not Bank Guaranteed. May Lose Value.
The Gabelli Mutual Funds are distributed by G.Distributors, LLC., a registered broker-dealer and member of FINRA.
