GAB Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
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💰 A stock-based closed-end fund (CEF) managed by Gabelli, which focuses on long-term capital growth as its primary objective and income as a secondary objective. It is characterized by leverage through preferred stock issuance and a quarterly distribution policy.
It runs 16% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds it is 7.1% cheaper.
Its holdings are worth $5.74 per share, but it trades at $5.33. Over the past year it usually traded 0.6% below value, so it is cheaper now.
Over the past 1 year, on the lower side
17% below its 1-year high.
Traded more than usual. That is 260% of its average volume.
Holding long would have lost money
Bought 5 years ago, your return today would be -25.0%. The S&P 500 did +56% over the same period.
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Dividends are paid consistently
Pays 11.48% annually in dividends.
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Ownership is about average
Institutions hold 14.8%.
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Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
It ranks #366 of 1436 in the industry
Based on market cap of $2B.
FAQ
What kind of CEF is GAB?
GAB is a closed-end fund (CEF).
What is the distribution yield of GAB?
GAB's distribution yield is approximately 11.48%, paid out on a regular basis.
What is the NAV of GAB?
GAB's NAV is $5.74, which can be compared to the market price to determine any discount or premium.
What are the assets under management of GAB?
GAB's assets under management (AUM) are approximately $1.9B.
What is the 52-week high and low for GAB?
GAB has recorded a 52-week high of $6.26 and a low of $5.09.