Gabelli Gold Fund Class AAA (GOLDX)
Gabelli Gold Fund Class AAA operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $51.23, up 0.71% on the session, giving a market capitalisation of $808.4M. Its beta of 0.83 implies it has historically moved less than the broad market.
The fund normally invests at least 80% of its net assets in equity securities of foreign and domestic issuers principally engaged in gold related activities and gold bullion. The adviser focuses on stocks that are undervalued, but which appear to have favorable prospects for growth. Because most of the world's gold production is outside of the United States, the advisor expects that a significant portion of the fund's assets may be invested in securities of foreign issuers, including those located in emerging markets.
Gabelli Gold Fund Class AAA is most often compared with the following Financial Services names: