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About Gabelli Financial Services Opportunities ETF
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Inception date
May 10, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Gabelli Funds LLC
Distributor
G.distributors LLC
ISIN
US36261K4004
GABF actively invests in equities of companies principally engaged in the financial services sector. Eligible companies must devote 50% of their assets or derive 50% of their revenues from providing financial services such as banking & financing, asset management, financial enterprises, insurance, accountancy, mortgage REITs, brokerage, securities exchanges and electronic trading, financial data, and financial transactions. The fund adviser seeks to identify assets selling at a discount to their private market value and looks for a catalyst that may add value to a company. Fundamental and macroeconomic factors are also considered. The fund may hold preferred stocks and ADRs. GABF is a non-transparent ETF and does not provide daily disclosure of its portfolio holdings unlike other ETFs. As such, there is a risk that shares of the fund may trade at wider spreads, especially during periods of volatility. The fund instead provides a verified intraday indicative value throughout the day.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Commercial Services
Stocks99.80%
Finance74.54%
Commercial Services13.40%
Miscellaneous7.06%
Technology Services4.80%
Bonds, Cash & Other0.20%
Cash0.20%
Stock breakdown by region
North America92.02%
Europe7.98%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GABF invests in stocks. The fund's major sectors are Finance, with 74.54% stocks, and Commercial Services, with 13.40% of the basket. The assets are mostly located in the North America region.
GABF top holdings are SuRo Capital Corp. and Berkshire Hathaway Inc. Class B, occupying 6.92% and 6.37% of the portfolio correspondingly.
GABF last dividends amounted to 1.91 USD. The year before, the issuer paid 1.62 USD in dividends, which shows a 14.90% increase.
GABF assets under management is 39.32 M USD. It's fallen 5.20% over the last month.
GABF fund flows account for 13.68 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GABF pays dividends to its holders with the dividend yield of 3.93%. The last dividend (Jan 8, 2025) amounted to 1.91 USD. The dividends are paid annually.
GABF shares are issued by GAMCO Investors, Inc. under the brand Gabelli. The ETF was launched on May 10, 2022, and its management style is Active.
GABF expense ratio is 0.32% meaning you'd have to pay 0.32% of your investment to help manage the fund.
GABF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GABF invests in stocks.
GABF price has fallen by −1.03% over the last month, and its yearly performance shows a 14.52% increase. See more dynamics on GABF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.10% over the last month, have fallen by −1.10% over the last month, showed a 2.92% increase in three-month performance and has increased by 14.99% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.10% over the last month, have fallen by −1.10% over the last month, showed a 2.92% increase in three-month performance and has increased by 14.99% in a year.
GABF trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.