Gabelli Utilities Fd Class AAA (GABUX)
Gabelli Utilities Fd Class AAA operates in the Asset Management industry of the Financial Services sector, headquartered in Rye, NY, US. The stock last traded at $4.40, up 0.23% on the session, giving a market capitalisation of $1.64B. Its beta of 0.48 implies it has historically moved less than the broad market.
This investment vehicle seeks to deliver a robust total return, achieved through a combination of capital appreciation and current income. The portfolio dedicates a minimum of 80% of its net assets to equities of companies, both domestic and international, whose operations are substantially focused on utility services. This encompasses entities providing products, services, or equipment for the generation and distribution of electricity, gas, and water, alongside infrastructure management and telecommunication services. Up to 40% of the fund's overall assets may be allocated to securities from non-U.S. issuers.
Gabelli Utilities Fd Class AAA is most often compared with the following Financial Services names: