3 / 5 Stars
2 3 1 1 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 21 Equity Precious Metals Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -49.54 percent over the past year, -22.45 percent over the past three years, 6.54 percent over the past five years, and 2.80 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-43.2%|
|3 Years (Annualized)||-22.5%|
|5 Years (Annualized)||6.5%|
|10 Years (Annualized)||2.8%|
The investment seeks long term capital appreciation. The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of foreign and domestic issuers principally engaged in gold-related activities and gold bullion. It focuses on stocks that are undervalued, but which appear to have favorable prospects for growth. Because most of the world's gold production is outside of the United States, a significant portion of the fund's assets may be invested in securities of foreign issuers, including those located in developed as well as emerging markets.
Fees are High compared to funds in the same category.
Gabelli Gold Fund has an expense ratio of 2.23 percent.
Risk is Average compared to funds in the same category according to Morningstar.