# Gabelli Enterprise Mergers and Acquisitions Fund AAA (EAAAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/eaaax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 2010-02-26 The fund's primary objective is to strategically invest in the stock of companies it believes are strong candidates for acquisition, anticipating these takeovers will likely materialize within 12 to 18 months. Additionally, it may pursue arbitrage opportunities by investing in the equity shares of companies already undergoing publicly announced corporate restructuring events such as mergers, tender offers, leveraged buyouts, takeovers, spin-offs, or liquidations. While the fund typically focuses its investments on U.S. companies, it also has the option to allocate capital to foreign securit... ## Key Facts | Metric | Value | |---|---| | Price | $18.65 | | Expense Ratio | 1.87% | | Assets Under Management | $62.5M | | NAV | $18.65 | | Holdings Count | — | | Distribution Yield (TTM) | 3.20% | | Annual Distribution (TTM) | $0.60 /share | | Distribution Frequency | Annual | | 52-Week Range | $16.88 – $19.28 | | Beta | 0.46 | ## Latest Distribution - Amount: $0.5974 /share - Ex-date: 2025-12-29 - Pay date: 2025-12-29 ## Frequently Asked Questions ### What does EAAAX invest in? The fund's primary objective is to strategically invest in the stock of companies it believes are strong candidates for acquisition, anticipating these takeovers will likely materialize within 12 to 18 months. Additionally, it may pursue arbitrage opportunities by investing in the equity shares of companies already undergoing publicly announced corporate restructuring events such as mergers, tender offers, leveraged buyouts, takeovers, spin-offs, or liquidations. While the fund typically focuses its investments on U.S. companies, it also has the option to allocate capital to foreign securities, including those found in emerging markets. This fund operates as a non-diversified investment vehicle. ### What is the expense ratio of EAAAX? Gabelli Enterprise Mergers and Acquisitions Fund AAA (EAAAX) charges an expense ratio of 1.87%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is EAAAX? Gabelli Enterprise Mergers and Acquisitions Fund AAA (EAAAX) manages $62.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is EAAAX actively managed or an index fund? EAAAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was EAAAX launched? Gabelli Enterprise Mergers and Acquisitions Fund AAA (EAAAX) launched in February 2010 and is managed by the fund issuer. ### How has EAAAX performed? EAAAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does EAAAX pay a dividend? Gabelli Enterprise Mergers and Acquisitions Fund AAA (EAAAX) currently distributes little or no income. Trailing-twelve-month yield is 3.20%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does EAAAX pay dividends? Gabelli Enterprise Mergers and Acquisitions Fund AAA pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is EAAAX's dividend yield? EAAAX's trailing-twelve-month yield is 3.20%, calculated from the sum of dividends over the past year divided by the current price. ### When is EAAAX's next ex-dividend date? The most recently announced ex-dividend date for EAAAX was 2025-12-29. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will EAAAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.87% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does EAAAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from EAAAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does EAAAX cost more than a fund like VOO? EAAAX's strategy (current expense ratio 1.87%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where EAAAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to EAAAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as EAAAX (1.87%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/eaaax - Distribution history: https://www.dividenddata.com/funds/eaaax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/eaaax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/eaaax/expenses - Peer comparison: https://www.dividenddata.com/funds/eaaax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.