Investing in the Future of Pets
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The Gabelli Pet Parents Fund capitalizes on the vast pet universe including companion animal food, therapeutics, diagnostics, product distribution, and related services. The Fund utilizes our longstanding research methodology, the Private Market Value with a Catalyst™, to unlock value and identify potential catalysts that may aid in surfacing this value.
The Fund seeks to provide capital appreciation.
Exposure to the Growing Pet Industry: The Fund capitalizes on the expanding pet care market and the increasing demand for products and services that support “Pet Parents.”
Dedicated Leadership: Actively managed by our dedicated Portfolio Manager with over 20 years of industry experience.
Deep and Disciplined: The Fund utilizes our Private Market Value with a Catalyst™ approach to determine the price a strategic buyer would be willing to pay for the entire company and potential catalysts, such as buyouts or management changes, that could surface the unlocked value of the company.
Dan is Executive Vice President of Gabelli Funds, lead portfolio manager of the Gabelli Focused Growth & Income Fund and the Gabelli Pet Parents Fund, a portfolio manager on the Gabelli Equity Trust and Gabelli Dividend and Income Trust, and manages institutional separate accounts. He is a Managing Director of GAMCO Asset Management, having joined… 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 |
|---|---|---|---|
| ZTS | ZOETIS INC | Health Care | 329,300.00 |
| CHWY | CHEWY INC | Consumer Discretionary | 325,100.00 |
| B | UNITED STATES TREASURY BILL | Industrials | 239,350.17 |
| FRPT | FRESHPET INC | Consumer Staples | 220,400.50 |
| IDXX | IDEXX LABORATORIES INC | Health Care | 209,975.00 |
| CVSG | CVS GROUP PLC | 194,537.55 | |
| AMZN | AMAZON.COM INC | Consumer Discretionary | 190,260.00 |
| TRUP | TRUPANION INC | Financials | 167,715.00 |
| ELAN | ELANCO ANIMAL HEALTH INC | Health Care | 157,500.00 |
| WOOF | PETCO HEALTH & WELLNESS CO INC | Consumer Discretionary | 137,250.00 |
Gross Expense Ratio
6.32%
Net Expense Ratio
1.17%
Maximum Sales Charge
5.75%
The top ten holdings and sectors listed are not necessarily representative of the entire portfolio and are subject to change.
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.
Following the close of business on March 31, 2019, the Fund acquired all of the assets, subject to liabilities, of the Gabelli Pet Parents’ NextShares ( the “Predecessor Fund”) through a tax-free reorganization. The Fund is newly created from the reorganization of the Gabelli Pet Parents’ Nextshares, which has the same investment objective and substantially similar investment strategies and policies as the Predecessor Fund.
The Fund imposes a 2% redemption fee on shares sold or exchanged in seven days or less after the date of purchase. The Fund invests a significant portion of its assets in companies in the companion pet industry, and, as a result, the value of the Fund’s shares is more susceptible to factors affecting those particular types of companies and that industry, including governmental regulation, a greater price volatility than the overall market, rapid obsolescence of products and services, intense competition, and strong market reactions to pet industry developments. As a consequence of its concentration policy, the Fund’s investments may be subject to greater risk and market fluctuation than a fund that has securities representing a broader range of alternatives.
Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No fund is a complete investment program, and you may lose money investing in a fund, including loss of principal. The Fund may engage in other investment practices that may involve additional risks, and you should review the Fund’s prospectus for a complete description.
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.
