GADVX Fees and Costs — The Gabelli ABC Fund, Advisor Shares
Data updated: 2026-08-31
The net expense ratio is 1.27%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.52% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $190K in broker commissions, 0.0436% of average net assets, and portfolio turnover was 287%.
GADVX Fees and Expenses
Annual operating expenses and sales charges of GADVX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.52% |
| Gross expense ratio | 1.27% |
| Fee waiver | — |
| Net expense ratio | 1.27% |
| 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 |
GADVX Costs Over Time
On $10,000 invested in GADVX, assuming 5% a year before costs, total costs come to $817 over 5 years, cutting the return by 1.38% 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 1.27%) | $133 | $415 | $717 |
| Trading costs (broker commissions) | $5 | $14 | $25 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $138 | $450 | $817 |
| Value after costs | $10,362 | $11,126 | $11,946 |
| Impact on return, per year | 1.38% | 1.38% | 1.38% |
GADVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0436%
- Total broker commissions: $190K
- Bought from dealers (principal trades, not a cost): $981.2M
- Portfolio turnover (prospectus): 287%
- Securities lending: none during the year
GADVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| THE WOODBRIDGE COMPANY LIMITED | $11K | 21.49% |
| PIPER SANDLER & CO. | $9K | 18.53% |
| CJS SECURITIES, INC. | $8K | 15.56% |
| RBC CAPITAL MARKETS, LLC | $6K | 11.28% |
| OPPENHEIMER & CO. INC. | $5K | 9.62% |
| MORGAN STANLEY & CO. LLC | $4K | 7.11% |
| TD SECURITIES (USA) LLC | $3K | 6.00% |
| JONESTRADING INTERNATIONAL LIMITED | $2K | 4.75% |
| UBS Securities LLC | $1K | 2.91% |
| J.P. Morgan Securities LLC | $1K | 2.75% |
GADVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Daiwa Capital Markets America, Inc. | $349.6M | 36.47% |
| BARCLAYS CAPITAL, INC. | $275.5M | 28.73% |
| BMO Nesbitt Burns Securities Ltd. | $129.7M | 13.53% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $104.1M | 10.85% |
| GOLDMAN SACHS & CO. LLC | $98.5M | 10.27% |
| J.P. Morgan Securities LLC | $926K | 0.10% |
| EVERCORE GROUP L.L.C. | $352K | 0.04% |
| Direct Access Partners LLC | $150K | 0.02% |
The Gabelli ABC Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GABCX | Class I | 1.02% | none |
| GADVX | Advisor Shares | 1.27% | 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.