GABSX Fees and Costs — The Gabelli Small Cap Growth Fund, Class Aaa
Data updated: 2026-08-31
The net expense ratio is 1.38%. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $80K in broker commissions, 0.0046% of average net assets, and portfolio turnover was 1%.
GABSX Fees and Expenses
Annual operating expenses and sales charges of GABSX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | 0.13% |
| Gross expense ratio | 1.38% |
| Fee waiver | — |
| Net expense ratio | 1.38% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GABSX Costs Over Time
On $10,000 invested in GABSX, assuming 5% a year before costs, total costs come to $859 over 5 years, cutting the return by 1.45% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.38%) | $145 | $450 | $778 |
| Trading costs (broker commissions) | $0 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $22 | $79 |
| Total costs | $145 | $474 | $859 |
| Value after costs | $10,355 | $11,102 | $11,903 |
| Impact on return, per year | 1.45% | 1.45% | 1.45% |
GABSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0046%
- Total broker commissions: $80K
- Bought from dealers (principal trades, not a cost): $188.8M
- Portfolio turnover (prospectus): 1%
- Securities lending: none during the year
GABSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| THE WOODBRIDGE COMPANY LIMITED | $36K | 63.42% |
| TD SECURITIES (USA) LLC | $13K | 23.20% |
| UBS Securities LLC | $1K | 2.34% |
| PIPER SANDLER & CO. | $1K | 1.92% |
| BOFA SECURITIES, INC. | $1K | 1.87% |
| MORGAN STANLEY & CO. LLC | $1K | 1.80% |
| Needham & Company, LLC | $1K | 1.77% |
| RBC CAPITAL MARKETS, LLC | $756 | 1.33% |
| CJS SECURITIES, INC. | $742 | 1.31% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $590 | 1.04% |
GABSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Nesbitt Burns Securities Ltd. | $75.8M | 40.17% |
| BARCLAYS CAPITAL, INC. | $62.9M | 33.31% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $27.9M | 14.76% |
| Daiwa Capital Markets America, Inc. | $12.3M | 6.52% |
| GOLDMAN SACHS & CO. LLC | $9.5M | 5.02% |
| STATE STREET GLOBAL MARKETS, LLC | $417K | 0.22% |
| BNY MELLON CAPITAL MARKETS, LLC | $645 | 0.00% |
The Gabelli Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GACIX | Class I | 1.13% | none |
| GABSX | Class Aaa | 1.38% | none |
| GCASX | Class A | 1.38% | 5.75% |
| GCCSX | Class C | 2.13% | none |
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.