Gabelli Gold Fund Class AAA

Frequently Asked Questions About GOLDX

What does GOLDX invest in?

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.

What is the expense ratio of GOLDX?

Gabelli Gold Fund Class AAA (GOLDX) charges an expense ratio of 1.44%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GOLDX?

Gabelli Gold Fund Class AAA (GOLDX) manages $893.5M 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 GOLDX actively managed or an index fund?

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

When was GOLDX launched?

Gabelli Gold Fund Class AAA (GOLDX) launched in July 1994 and is managed by the fund issuer.

How has GOLDX performed?

GOLDX'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.