Fund Evaluator:

Gabelli SRI I Overview

Gabelli SRI I (SRIDX) is an actively managed International Equity Global Large-Stock Blend fund. Gabelli launched the fund in 2007.

The investment seeks capital appreciation. The fund will seek to achieve its objective by investing substantially all, and in any case, no less than 80%, of its assets in common stocks and preferred stocks of companies that meet the fund's guidelines for social responsibility at the time of investment. It may also invest in foreign securities and in securities that are convertible into common stocks. The Adviser employs a social screening overlay process on a pro‑active basis at the time of investment to identify companies that meet the fund's social guidelines.

About Gabelli SRI I (SRIDX)

There are 4 members of the management team with an average tenure of 11.17 years: Christopher Marangi (2011), Kevin Dreyer (2011), Melody Bryant (2019), Ian Lapey (2019). 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 SRI I has 133 securities in its portfolio. The top 10 holdings constitute 22.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is considered to have an ESG focus with its investment selection and management.

Gabelli SRI I is part of the Equity global asset class and is within the International Equity fund group. Gabelli SRI I has 24.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 70.2%. There is 24.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.5% (0.5% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Gabelli SRI I has 5.1% of the portfolio in cash.

Assets Under Management

The fund has $9 million in total assets, which is below the $1 billion average for the Global Large-Stock Blend 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.

SRIDX 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 SRI I expense ratio is high compared to funds in the Global Large-Stock Blend category. Gabelli SRI I has an expense ratio of 0.90%, which is 14% 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 SRI I has a portfolio turnover rate of 20%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 43% for the Global Large-Stock Blend category.

Recently, in the month of July 2026, Gabelli SRI I returned 1.5%, which earned it a grade of B, as the Global Large-Stock Blend category had an average return of 0.8%. 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 SRI I has a trailing yield of 1.20%, which is above the 0.95% category average. The fund normally distributes its income 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 SRI I Grades

Year to date, the fund has returned 9.2%, 0.6 percentage points worse than the category, which translates into a grade of D. The fund has returned 17.0% over the past year (grade of D), 12.9% over the past three years (grade of D) and 6.1% per year over the past five years (grade of F) and 8.0% per year over the past 10 years (grade of F).

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