GABEX Performance — The Gabelli Equity Income Fund, Class Aaa
Data updated: 2026-08-31
GABEX returned +9.05% year to date and +18.12% over one year to Jun 2026. Annualised returns are +11.84% over 3 years and +7.93% over 5 years. Against its US Multi-Cap Value category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $140, against $142 for the category, and to $118 over one year, against $112. Volatility over the past three years was 12.47% a year. In the 12 months to Jun 2026 the fund took in a net $69.0M, and assets reached $458.73M.
GABEX Growth of $100
What $100 invested in The Gabelli Equity Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Value category average over the same months.
| Period | GABEX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $118 | $112 |
| 3 years (Jul 2023 – Jun 2026) | $140 | $142 |
| 5 years (Jul 2021 – Jun 2026) | $146 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $195 | $188 |
GABEX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.05% |
| 1 year | +18.12% |
| 3 years (annualised) | +11.84% |
| 5 years (annualised) | +7.93% |
GABEX Annual Returns
Calendar-year total returns of The Gabelli Equity Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.05% |
| 2025 | +16.30% |
| 2024 | +6.55% |
| 2023 | +8.28% |
| 2022 | −5.39% |
| 2021 | +23.50% |
| 2020 | +7.08% |
| 2019 (Jul–Dec) | +6.58% |
GABEX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.1% | +3.9% | −6.4% | +4.9% | −0.6% | +2.3% | — | — | — | — | — | — |
| 2025 | +4.4% | +0.7% | −3.1% | −1.2% | +4.3% | +2.2% | +1.5% | +3.7% | +0.6% | −0.7% | +2.1% | +0.9% |
| 2024 | −0.1% | +1.2% | +4.3% | −3.8% | +1.7% | −2.2% | +5.8% | +1.4% | +1.4% | −2.6% | +6.5% | −6.3% |
| 2023 | +5.1% | −1.9% | −0.9% | +0.8% | −5.4% | +7.3% | +2.2% | −2.2% | −5.1% | −3.7% | +7.0% | +5.9% |
| 2022 | −2.5% | −1.8% | +2.1% | −5.5% | +3.1% | −8.1% | +7.2% | −3.2% | −7.7% | +9.7% | +7.2% | −4.1% |
| 2021 | −1.2% | +5.3% | +5.2% | +4.5% | +3.7% | −1.7% | +0.9% | +1.2% | −3.3% | +4.8% | −3.7% | +6.1% |
| 2020 | −2.3% | −9.2% | −15.7% | +10.3% | +4.5% | +1.4% | +4.5% | +4.5% | −1.6% | −2.4% | +13.1% | +3.2% |
| 2019 | — | — | — | — | — | — | −0.9% | −2.7% | +2.9% | +1.5% | +3.0% | +2.8% |
GABEX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.47%
- 3-year Sharpe ratio: 0.59 (vs 4.5% risk-free rate)
- Best month: +6.95% (Nov 2023)
- Worst month: −6.44% (Mar 2026)
GABEX Fund Flows
Monthly money in and out of The Gabelli Equity Income Fund, from SEC Form N-PORT.
- 12-month net flow: $69.0M
- 12-month gross sales (incl. reinvestments): $200.8M
- Sales ÷ redemptions: 1.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $14.6M | $10.9M | $3.8M |
| May 2026 | $11.0M | $7.3M | $3.7M |
| Apr 2026 | $12.3M | $8.2M | $4.1M |
| Mar 2026 | $14.9M | $10.8M | $4.1M |
| Feb 2026 | $12.4M | $9.3M | $3.1M |
| Jan 2026 | $16.2M | $10.0M | $6.2M |
| Dec 2025 | $14.3M | $15.7M | −$1.4M |
| Nov 2025 | $10.9M | $7.8M | $3.0M |
| Oct 2025 | $15.5M | $12.6M | $2.9M |
| Sep 2025 | $52.8M | $22.0M | $30.8M |
| Aug 2025 | $11.9M | $7.6M | $4.3M |
| Jul 2025 | $14.0M | $9.4M | $4.6M |
GABEX Assets Under Management
Net assets of The Gabelli Equity Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $458.73M |
| 2026-03-31 | $441.83M |
| 2025-12-31 | $442.47M |
| 2025-09-30 | $451.39M |
| 2025-06-30 | $446.77M |
| 2025-03-31 | $434.93M |
| 2024-12-31 | $443.92M |
| 2024-09-30 | $482.08M |
| 2024-06-28 | $472.43M |
| 2024-03-28 | $517.66M |
| 2023-12-29 | $513.99M |
| 2023-09-29 | $496.35M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.