4 / 5 Stars
5 4 5 5 1
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 39 Market Neutral 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 4.47 percent over the past year, 4.23 percent over the past three years, 3.30 percent over the past five years, and 4.65 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||2.5%|
|3 Years (Annualized)||4.2%|
|5 Years (Annualized)||3.3%|
|10 Years (Annualized)||4.7%|
The investment seeks total return. The fund invests primarily in securities of domestic and foreign issuers that the investment adviser, believes provide attractive opportunities for appreciation or investment income. The Adviser seeks to limit excessive risk of capital loss by utilizing various investment strategies, including investing in value-oriented common stocks and virtually risk-free U.S. Treasury Bills, and by utilizing certain "arbitrage" strategies. The fund may invest up to 40% of its total assets in securities of non-U.S. issuers and may invest up to 25% of its assets in lower quality fixed income securities. It is non-diversified.
Fees are Low compared to funds in the same category.
Gabelli ABC Fund has an expense ratio of 0.60 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.