Fund Evaluator:

Gabelli Value 25 AAA Overview

Gabelli Value 25 AAA (GVCAX) is an actively managed U.S. Equity Mid-Cap Value fund. Gabelli launched the fund in 2010.

The investment seeks long term capital appreciation. The fund invests primarily in equity securities of companies that the Adviser believes are undervalued and have the potential to achieve significant capital appreciation, overweighting its core twenty-five equity positions. The Adviser invests in companies whose securities are selling at a significant discount to their private market value. It may invest 50% of its total assets in securities for which a tender or exchange offer has been made or announced and in securities of companies for which a merger, consolidation, liquidation, or similar reorganization proposal has been announced.

About Gabelli Value 25 AAA (GVCAX)

There are 2 members of the management team with an average tenure of 27.88 years: Christopher Marangi (2007), Mario Gabelli (1989). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Gabelli Value 25 AAA has 89 securities in its portfolio. The top 10 holdings constitute 48.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Gabelli Value 25 AAA is part of the Equity global asset class and is within the U.S. Equity fund group. Gabelli Value 25 AAA has 14.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 77.7%. There is 14.1% 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 Value 25 AAA has 8.1% of the portfolio in cash.

Assets Under Management

The fund has $1 million in total assets, which is below the $642 million average for the Mid-Cap Value 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.

GVCAX 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 Value 25 AAA expense ratio is high compared to funds in the Mid-Cap Value category. Gabelli Value 25 AAA has an expense ratio of 1.47%, which is 42% higher than its category average, making the fund expense ratio grade a F. 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 Value 25 AAA has a portfolio turnover rate of 12%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 51% for the Mid-Cap Value category.

Recently, in the month of July 2026, Gabelli Value 25 AAA returned -0.2%, which earned it a grade of D, as the Mid-Cap Value category had an average return of 1.7%. 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 Value 25 AAA has a trailing yield of 0.99%, which is above the 0.87% 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 Value 25 AAA Grades

Year to date, the fund has returned 9.5%, 6.0 percentage points worse than the category, which translates into a grade of F. The fund has returned 24.0% over the past year (grade of C), 16.6% over the past three years (grade of B) and 7.6% per year over the past five years (grade of D) and 8.0% per year over the past 10 years (grade of F).

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