Fund Evaluator:

Gabelli Global Content & Connect I Overview

Gabelli Global Content & Connect I (GTTIX) is an actively managed Sector Equity Communications fund. Gabelli launched the fund in 2008.

The investment seeks to provide investors with appreciation of capital; current income is a secondary objective. The fund will invest its net assets in common stocks of companies in the telecommunications, media, and information technology industries that the adviser believes are likely to have rapid growth in revenues and earnings and potential for above average capital appreciation or are undervalued. It invests in securities of issuers, or related investments thereof, located in at least three countries, and at least 40% of the fund's total net assets is invested in securities of non-U.S. issuers or related investments thereof. The fund is non-diversified.

About Gabelli Global Content & Connect I (GTTIX)

There are 1 members of the management team with an average tenure of 20.26 years: Sergey Dluzhevskiy (2006). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI/Comm Services NR USD index with a weighting of 100% and MSCI ACWI NR USD index with a weighting of 100%. Gabelli Global Content & Connect I has 60 securities in its portfolio. The top 10 holdings constitute 55.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Gabelli Global Content & Connect I is part of the Equity global asset class and is within the Sector Equity fund group. Gabelli Global Content & Connect I has 48.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 51.4%. There is 48.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Gabelli Global Content & Connect I has 0.1% of the portfolio in cash.

Assets Under Management

The fund has $17 million in total assets, which is below the $442 million average for the Communications category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

GTTIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Gabelli Global Content & Connect I expense ratio is high compared to funds in the Communications category. Gabelli Global Content & Connect I has an expense ratio of 0.91%, which is 8% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Gabelli Global Content & Connect I has a portfolio turnover rate of 13%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 109% for the Communications category.

Recently, in the month of July 2026, Gabelli Global Content & Connect I returned 0.3%, which earned it a grade of A, as the Communications category had an average return of -2.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Gabelli Global Content & Connect I has a trailing yield of 12.20%, which is above the 2.64% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Gabelli Global Content & Connect I Grades

Year to date, the fund has returned 11.8%, 2.1 percentage points better than the category, which translates into a grade of C. The fund has returned 22.8% over the past year (grade of B), 22.3% over the past three years (grade of C) and 7.4% per year over the past five years (grade of B) and 7.7% per year over the past 10 years (grade of C).

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