Key stats
About Gabelli Commercial Aerospace and Defense ETF
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Inception date
Jan 3, 2023
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
US36261K5092
GCAD is an income-oriented fund that actively selects US-listed stocks of aerospace and defense companies. These include manufacturers, assemblers, and distributors of aircraft and aircraft parts, as well as firms that produce components and equipment for the defense industry, such as military aircraft, radar equipment, and weapons. The adviser generally screens for securities that have a better yield than S&P 500s average with the potential for capital gains. Value catalysts, fundamental, and macroeconomic factors are also considered. The fund may hold preferred stocks and ADRs. GCAD is a non-transparent ETF. It does not provide daily disclosure of its portfolio holdings, unlike other ETFs. 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. The first $25 million of the funds AUM will incur no fees and expenses.
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
Electronic Technology
Cash
Stocks89.30%
Electronic Technology77.03%
Non-Energy Minerals4.43%
Technology Services3.30%
Producer Manufacturing3.30%
Process Industries1.24%
Bonds, Cash & Other10.70%
Cash10.70%
Stock breakdown by region
North America98.88%
Middle East1.11%
Europe0.01%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GCAD invests in stocks. The fund's major sectors are Electronic Technology, with 77.03% stocks, and Non-Energy Minerals, with 4.43% of the basket. The assets are mostly located in the North America region.
GCAD last dividends amounted to 0.40 USD. The year before, the issuer paid 0.21 USD in dividends, which shows a 47.71% increase.
GCAD assets under management is 12.95 M USD. It's risen 2.14% over the last month.
GCAD fund flows account for 4.45 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, GCAD pays dividends to its holders with the dividend yield of 0.49%. The last dividend (Jan 8, 2025) amounted to 0.62 USD. The dividends are paid annually.
GCAD shares are issued by GAMCO Investors, Inc. under the brand Gabelli. The ETF was launched on Jan 3, 2023, and its management style is Active.
GCAD expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
GCAD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GCAD invests in stocks.
GCAD price has risen by 1.84% over the last month, and its yearly performance shows a 32.13% increase. See more dynamics on GCAD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.74% over the last month, showed a 8.41% increase in three-month performance and has increased by 33.43% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.74% over the last month, showed a 8.41% increase in three-month performance and has increased by 33.43% in a year.
GCAD trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.