Address And Details
One Corp Ctr , Rye, NY 10580-1422 | |
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Fund Manager | Mario J. Gabelli |
Manager Tenure | 18 Years 5 Months |
Strategy And Objective
The Equity Income Fund seeks to provide a high level of total return on its assets with an emphasis on income.The Equity Income Fund will seek to achieve its investment objective through a combination of capital appreciation and current income by investing, under normal market conditions, at least 80% of its net assets in income producing equity securities. Income producing equity securities include, for example, common stock, preferred stock, and convertible securities. In making stock selections, Gabelli Funds, LLC, the Equity Income Fund s adviser (the Adviser ), looks for securities that have a better yield than the average of the Standard and Poor s 500 Index (the S&P 500 Index ), as well as capital gains potential.
Equity Sector Breakdown
NonDurables | 21.33% | |
IndustrialCyclical | 16.72% | |
Finance | 14.21% | |
Technology | 13.73% | |
RetailTrade | 9.42% | |
Health | 4.13% | |
Utilities | 3.25% | |
ConsumerDurables | 2.61% | |
Services | 2.59% | |
Energy | 2.53% |
Asset Allocation
Asset Type | % Of Allocation | |
---|---|---|
Stocks | 99.99% | |
ForeignStocks | 23.14% | |
Cash | 0.00% | |
Bonds | 0.00% | |
Preferred | 0.00% | |
Convertible | 0.00% | |
Other | 0.00% | |
ForeignBonds | 0.00% | |
ForeignHedged | 0.00% |
Total Net Assets | 51.14 M |
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Risk Measures
Criteria | 3 Years | 5 Years | 10 Years |
---|---|---|---|
Alpha | -3.25 | -4.55 | -4.05 |
Beta | 0.92 | 0.93 | 0.94 |
R Squared | 0.87 | 0.87 | 0.89 |
Std Deviation | 18.59 | 16.28 | 13.54 |
Sharpe Ratio | 0.55 | 0.48 | n/a |
Purchase Information
as of 5:49 PM ET 05/18/2022Minimum Initial | n/a |
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Minimum Additional | $0 |
Minimum Initial IRA | $99 |
Performance
Timeframe | Average Annual Current Performance Monthly As Of 04/30/2022 | Average Annual Current Performance Quarterly As Of 03/31/2022 | Avg Annual Current Performance Monthly As Of 04/30/2022 | Avg Annual Current Performance Quarterly As Of 03/31/2022 |
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1 Year |
|
|
-0.94% | +9.68% |
3 Year |
|
|
+8.28% | +11.25% |
10 Year |
|
|
+8.05% | +8.64% |
Life Of Fund |
|
|
+7.00% | +7.37% |
Top 10 Holdings
Symbol | Company Name | % Of Assets |
---|---|---|
SWMAY | SWEDISH MATCH AB | 5.15% |
GPC | GENUINE PARTS CO | 4.35% |
BK | BANK OF NEW YORK MELLON CORP | 2.88% |
DE | DEERE & CO | 2.78% |
BF.B | BROWN FORMAN CORP CLASS B | 2.41% |
MSFT | MICROSOFT CORP | 2.19% |
STT | STATE STREET CORP | 1.89% |
DGEBF | DIAGEO PLC ADR | 1.81% |
HINKF | HEINEKEN NV | 1.74% |
GATX | GATX | 1.73% |