The Gabelli Global Small and Mid Cap Value Trust

Frequently Asked Questions About GGZ

What does GGZ invest in?

Established by GAMCO Investors, Inc., The Gabelli Global Small and Mid Cap Value Trust functions as a closed-end equity investment vehicle managed by Gabelli Funds, LLC. This trust deploys capital across public equity markets worldwide, aiming to acquire shares in companies operating within diverse sectors. Its core investment approach concentrates on undervalued small and medium-sized enterprises, specifically those with a market capitalization of $12 billion or less. Portfolio performance is measured against the MSCI World SMID Cap Index. The fund was inaugurated on August 19, 2013, and is legally based in the United States.

What is the expense ratio of GGZ?

The Gabelli Global Small and Mid Cap Value Trust (GGZ) charges an expense ratio of 2.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GGZ?

The Gabelli Global Small and Mid Cap Value Trust (GGZ) manages $114.4M 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 GGZ actively managed or an index fund?

GGZ is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GGZ's is 2.75%) in exchange for the discretion to over- or under-weight positions.

When was GGZ launched?

The Gabelli Global Small and Mid Cap Value Trust (GGZ) launched in June 2014 and is managed by the fund issuer.

How has GGZ performed?

GGZ'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.