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Objective Fund Details Price & Performance Dividend & Tax Info
The Gabelli Asset FundPrintable Factsheet | Prospectus | Statement of Additional Info | Recent Quarterly Report | Recent Annual Report | XBRL | Multiclass Information |
The Gabelli Asset Fund seeks to provide growth of capital. Capital is the amount of money you invest in the Fund. The Fund's secondary goal is to provide current income. Principal Investment Strategies:
The Fund will primarily invest in common stocks and preferred stocks and may also invest in securities which may be converted into common stocks. In making stock selections, the Fund strives to earn a 10% real rate of return. The Fund focuses on companies which appear underpriced relative to their private market value (PMV). PMV is the value the Fund's investment adviser,Gabelli Funds, LLC, believes informed investors would be willing to pay for a company. The Fund may appeal to you if:
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.
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