# The Gabelli Global Small and Mid Cap Value Trust (GGZ): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ggz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2014-06-12 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 i... ## Key Facts | Metric | Value | |---|---| | Price | $14.98 | | Expense Ratio | 2.75% | | Assets Under Management | $114.4M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 5.61% | | Annual Distribution (TTM) | $0.84 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $13.35 – $17.08 | | Beta | 1.17 | ## Latest Distribution - Amount: $0.2100 /share - Ex-date: 2026-09-16 - Pay date: 2026-09-23 ## Frequently Asked Questions ### 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. ### Does GGZ pay a dividend? The Gabelli Global Small and Mid Cap Value Trust (GGZ) currently distributes little or no income. Trailing-twelve-month yield is 5.61%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GGZ pay dividends? The Gabelli Global Small and Mid Cap Value Trust pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GGZ's dividend yield? GGZ's trailing-twelve-month yield is 5.61%, calculated from the sum of dividends over the past year divided by the current price. ### When is GGZ's next ex-dividend date? The most recently announced ex-dividend date for GGZ was 2026-09-16. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will GGZ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.75% 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 GGZ charge its expense ratio? The expense ratio is deducted in tiny daily slices from GGZ'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 GGZ cost more than a fund like VOO? GGZ is actively managed (current expense ratio 2.75%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether GGZ's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to GGZ? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GGZ (2.75%) 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/ggz - Distribution history: https://www.dividenddata.com/funds/ggz/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ggz/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ggz/expenses - Peer comparison: https://www.dividenddata.com/funds/ggz/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.