Gabelli Dividend Growth AAA
GABBX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Rye, NY 10580 Rye NY United States of America 10580
- IPO Date
- Aug 26, 1999
- CIK
- 0001086884
- Website
- gabelli.com
- Similar Companies
- Business
- Gabelli Dividend Growth Fund (Class AAA) (GABBX) is an open-end mutual fund that seeks long-term growth of capital with current income as a secondary objective. Under normal market conditions, the fund invests at least 80% of its net assets in dividend-paying stocks, including common stocks, preferred stocks, and convertible securities of established companies positioned to increase their dividends over time; it focuses on undervalued securities with identifiable catalysts for value appreciation across sectors such as financial services, industrials, healthcare, consumer defensive, and communication services. The portfolio is diversified with primary exposure to large-cap U.S. equities (approximately 91%), supplemented by limited non-U.S. stocks, cash, and other assets, targeting investors seeking reliable income potential alongside capital appreciation. Launched on August 26, 1999, the fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc., which was founded in 1977 and is headquartered in Rye, New York. It is domiciled in the United States, available primarily to U.S. investors with a minimum initial investment of $1,000, and features a net expense ratio of 2.00% along with a 2% redemption fee for shares sold within seven days. Current management is led by Portfolio Manager Justin Bergner, who joined in March 2017 and specializes in industrials, supported by a team of over 30 sector-focused analysts. In recent developments, Gabelli Funds, the fund's adviser, announced a strategic partnership on May 1, 2025, acquiring the investment management services business of Keeley-Teton Advisors, LLC, to expand its offerings across open-end funds, closed-end funds, ETFs, and institutional accounts. GAMCO Investors reported third-quarter 2025 results on November 7, 2025, highlighting AUM growth to $35.0 billion (up 9% year-over-year), plans for new ETF launches including Gabelli High Income ETF (GBHI) and others, and the transition of four semi-transparent ETFs to fully transparent structures effective mid-December 2025. These moves reflect GAMCO's ongoing expansion amid active management trends, though no specific acquisitions, funding rounds, or reorganizations directly impacted GABBX itself in the past 1-2 years. As of late 2025, the fund maintains total net assets of approximately $19.19 million, with top holdings including Citigroup Inc., Newmont Corp., and Merck & Co. Inc.