GAGIX Fees and Costs — The Gabelli Global Rising Income and Dividend Fund, Class I
Data updated: 2026-08-31
The net expense ratio is 0.90%: a 1.00% management fee plus 0.35% other expenses, less a 0.45% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $7K in broker commissions, 0.0100% of average net assets, and portfolio turnover was 52%.
GAGIX Fees and Expenses
Annual operating expenses and sales charges of GAGIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.35% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.45% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GAGIX Costs Over Time
On $10,000 invested in GAGIX, assuming 5% a year before costs, total costs come to $570 over 5 years, cutting the return by 0.96% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $313 | $570 |
| Value after costs | $10,404 | $11,263 | $12,193 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
GAGIX 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): 0.0100%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $23.5M
- Portfolio turnover (prospectus): 52%
- Securities lending: none during the year
GAGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| THE WOODBRIDGE COMPANY LIMITED | $2K | 56.73% |
| THE BANK OF NEW YORK MELLON | $470 | 11.04% |
| PIPER SANDLER & CO. | $390 | 9.16% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $251 | 5.90% |
| RBC CAPITAL MARKETS, LLC | $193 | 4.53% |
| DNB BANK ASA | $191 | 4.49% |
| ALLIANCEBERNSTEIN L.P. | $147 | 3.45% |
| UBS Securities LLC | $130 | 3.05% |
| BARCLAYS CAPITAL, INC. | $50 | 1.17% |
| BOFA SECURITIES, INC. | $20 | 0.47% |
GAGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Daiwa Capital Markets America, Inc. | $10.8M | 46.02% |
| BARCLAYS CAPITAL, INC. | $5.3M | 22.44% |
| BMO Nesbitt Burns Securities Ltd. | $4.6M | 19.82% |
| GOLDMAN SACHS & CO. LLC | $2.0M | 8.63% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $728K | 3.10% |
The Gabelli Global Rising Income and Dividend Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GACCX | Class C | 0.90% | none |
| GAGAX | Class A | 0.90% | 5.75% |
| GAGCX | Class Aaa | 0.90% | none |
| GAGIX | Class I | 0.90% | 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.