Home > Mutual Funds > The Gabelli Focus Five Fund Objective

Objective  Fund Details  Price & Performance  Dividend & Tax Info 

The Gabelli Focus Five Fund

Printable Factsheet  |   Prospectus  |   Statement of Additional Info  |   Recent Quarterly Report  |   Recent Annual Report  |   XBRL  |   Multiclass Information  |  

Portfolio Manager: Daniel M. Miller,
Elizabeth M. Lilly, CFA,
Sarah Donnelly		 Ticker Symbol: GWSVX

Objective

The Gabelli Focus Five Fund seeks to provide a high level of capital appreciation.

Principal Investment Strategies:
Under normal market conditions, the Fund will invest up to approximately 50% of its net assets in five companies with the remaining new assets to be invested across ten to twenty other companies or in short-term high grade investments or cash and cash equivalents. The Fund's Advisor will consider for purchase the securities of all companies, regardless of the size of capitalization, that trade at a discount to their Private Market Value (PMV) at the time of investment. PMV is the price that the Fund's portfolio managers believe an informed buyer would pay to acquire a company's entire business. The five largest holdings in the Fund's portfolio will be considered by the Fund's portfolio managers to have a potential near-term catalyst, or event, that might surface underlying value. Positions will be sold when they trade near or above PMV or if a catalyst fails to materialize as anticipated.

You May Want to Invest in the Fund if:

  • you are a long-term investor
  • you seek growth of capital

You May Not Want to Invest in the Fund if:

  • you are seeking a high level of current income
  • you are conservative in your investment approach
  • you seek stability of principal more than growth of capital


The fund typically invests in 20-30 companies. By concentrating in a small number of investments, the Fund's risks are increased because each investment has a greater effect on the Fund's performance than a Fund which is more broadly diversified.

The Fund's share price will fluctuate with changes in the market value of the Fund's portfolio securities. Stocks are subject to market, economic and business risks that cause their prices to fluctuate. When you sell Fund shares, they may be worth less than what you paid for them. Consequently, you can lose money by investing in the Fund.

Investors should consider the investment objectives, risks, sales charges and expense of the fund carefully before investing. The prospectus contains more complete information about this and other matters. The prospectus should be read carefully before investing.

You can obtain a free prospectus by calling at 1-800-GABELLI (1-800-422-3554), or contacting your financial representative or by visiting http://www.gabelli.com.

Distributed by G.distributors, LLC