Gabelli Gold Fund Class I

Frequently Asked Questions About GLDIX

What does GLDIX invest in?

This fund generally commits at least 80% of its total assets (including any borrowed capital) to equity investments in companies, both international and domestic, primarily engaged in gold-related activities or holding gold bullion. The investment manager seeks out stocks that are currently undervalued but show promising growth potential. Due to the fact that most of the world's gold production occurs outside the United States, the advisor expects to allocate a considerable portion of the fund's holdings to non-U.S. issuers, including those situated in developing markets.

What is the expense ratio of GLDIX?

Gabelli Gold Fund Class I (GLDIX) charges an expense ratio of 1.19%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GLDIX?

Gabelli Gold Fund Class I (GLDIX) manages $893.8M 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 GLDIX actively managed or an index fund?

GLDIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was GLDIX launched?

Gabelli Gold Fund Class I (GLDIX) launched in January 2008 and is managed by the fund issuer.

How has GLDIX performed?

GLDIX'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.