The Gabelli Asset Fund seeks to provide growth of capital. The Fund's secondary goal is to provide current income.
Principal Investment Strategies:
The Fund will primarily invest in common stocks and preferred 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:
- you are a long-term investor
- you seek growth of capital
- you believe that the market will favor value over growth stocks over the long term
- you wish to include a value strategy as a portion of your overall investments
The Gabelli Asset Fund