Gabelli Dividend & Income Fund (GDV)

Gabelli Dividend & Income Fund (GDV) is a popular U.S. stock closed end fund. This fund objective is to seek high total return through capital growth & income. This equity fund utilizes its assets to purchase dividend paying equity and debt securities.

GDV Fund Profile

    Gabelli Dividend & Income Fund (GDV)
  • Fund Inception Date: 11/28/2003
  • Ticker Symbol: GDV
  • CUSIP: 36242H104
  • Rank in category (YTD): 67%
  • Category: US Stock - Equity Tax-Advantaged
  • Distribution Rate: 5.55%
  • Effective Leverage: 18.50%
  • Capital Gains: -
  • Base Expense Ratio: 1.33%
  • Net Assets: $ 2.44 billion
  • Annual Turnover Rate: 15.80%

This Gabelli closed end fund is introduced to investors in 2003. It has a high dividend yield of 5.55%. The fund managers are Mario J Gabelli, Robert D. Leininger, Mario J Gabelli, and Robert D. Leininger. The fund sponsor is Gabelli Funds Inc. The current share price is $21.63. This market price is trading 9.72% discount to its NAV (Net Asset Value). The total expense fee is 1.33% per year.

Gabelli Dividend & Income Fund Returns

Morningstar has ranked this US stock fund with 4 star rating. In 2014, the year to date return is 10.74%. This closed end fund has returned 8.31% over the past 1 year, 21.10% over the past 3 years, and 17.97% over the past 5 years.
  • Year 2013: 44.45%
  • Year 2012: 11.42%
  • Year 2011: 6.43%
  • Year 2010: 23.91%

GDV Holdings

This Gabelli Dividend & Income Fund has 432 holdings in its portfolio. Top 5 stocks in its holdings are Verizon Communications Inc, American Express Co, American International Group Inc, JPMorgan Chase & Co, and Wells Fargo & Co. Top 3 country regions are North America region, European developed, and Japan.

More: Top Performing U.S. Stock Closed End Funds 2013

  • This Gabelli Dividend & Income Fund has a high yield of income for investors.
  • This fund is ranked high by Morningstar.
  • The expense fee is high.


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