- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- One Corporate Center Rye NY United States of America 10580
- IPO Date
- Feb 29, 2000
- Business
- Gabelli Global Growth Fund (GGGAX) is an open-end diversified mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of growing global companies positioned for sustainable market share expansion in secular growth sectors, with an emphasis on those exhibiting undervalued earnings potential; the portfolio typically allocates at least 65% of assets to equity securities, including large-cap growth stocks across technology, financial services, communication services, healthcare, and industrials, with top holdings such as NVIDIA Corp, Microsoft Corp, Amazon.com Inc, Netflix Inc, and Broadcom Inc; it maintains geographic diversification with approximately 68% in U.S. stocks, 14% in non-U.S. stocks, and significant exposure to the Eurozone, Europe ex-Euro, and Japan, alongside a cash position of around 19%. The Fund offers multiple share classes, including Class A (GGGAX) with a 5.75% front-end load and 0.90% net expense ratio, Class C, Class AAA (closed to new investors since January 2020), and Class I (GGGIX); it is available to investors in the United States with a minimum initial investment of $1,000 for Class A shares. Incepted on February 7, 1994, and domiciled in the United States, the Fund is managed by GAMCO Investors, Inc. (doing business as Gabelli Funds), headquartered in Rye, New York, with a portfolio management team comprising Caesar Bryan (since 2000), Howard F. Ward (since 2005), and John Belton (since December 2024). Recent developments include the addition of John Belton as co-portfolio manager in late 2024, bringing expertise in technology, media, telecom, and consumer sectors from his prior roles at Absoluto Partners and Evercore ISI; the Fund reported a 3.7% return for Q3 2025 amid key portfolio adjustments; as of late 2025, total net assets stand at approximately $196 million, with ongoing support from a centralized team of over 30 sector-focused analysts.