- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Corporate Center Rye NY United States of America 10580
- IPO Date
- Feb 4, 2021
- Business
- Gabelli Love Our Planet & People ETF (LOPP) is an actively managed exchange-traded fund that seeks capital appreciation by investing at least 80% of its assets in U.S. exchange-listed common and preferred stocks of companies demonstrating commitments to sustainable practices, including renewable energy, reduction or recycling of long-lived wastes, water conservation, and clean mobility; the fund employs Gabelli's proprietary Private Market Value with a Catalyst™ investment approach, blending value-oriented analysis with ESG criteria focused on environmental responsibility to identify undervalued securities with potential catalysts such as buyouts or management changes. LOPP, issued by Gabelli Funds, LLC—a subsidiary of GAMCO Investors, Inc.—targets investors seeking purpose-driven portfolios that align financial growth with positive societal impact, with key holdings spanning industrials (e.g., Waste Connections, Xylem, Republic Services), real estate (e.g., Weyerhaeuser), technology (e.g., Flex), financial services (e.g., S&P Global), and basic materials (e.g., Air Products & Chemicals). Launched on February 1, 2021, and headquartered at One Corporate Center in Rye, New York, the ETF trades on NYSE Arca and serves institutional, intermediary, private wealth, and retail investors primarily in North American developed markets, with assets under management of approximately $12.9 million and a net expense ratio of 0.00%.
In a significant operational enhancement announced on December 17, 2025, Gabelli Funds converted LOPP and its other actively managed ETFs to fully transparent structures, now comprising seven fully transparent offerings including Growth Innovators (GGRW), Global Technology Leaders (GGTL), Financial Services Opportunities (GABF), Commercial Aerospace & Defense (GCAD), High Income (GBHI), and Keeley Dividend (KDVD), thereby improving accessibility to its bottom-up research for advisors and investors. Earlier in May 2025, GAMCO Investors, the parent entity, deepened its strategic alignment through a partnership with Keeley-Teton Advisors, LLC, integrating Keeley's approximately $1.0 billion in assets from four mutual funds and 500 separately managed accounts while retaining the Keeley brand and team, reflecting Gabelli's ongoing strategy of acquiring and integrating specialized asset management capabilities. These developments underscore Gabelli Funds' expansion in the active ETF segment and commitment to value-driven, thematic investing amid evolving market demands for transparency and sustainability.