GAUIX Fees and Costs — The Gabelli Utilities Fund, Class I
Data updated: 2026-08-31
The net expense ratio is 1.13%: a 1.00% management fee plus 0.13% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $69K in broker commissions, 0.0044% of average net assets, and portfolio turnover was 4%.
GAUIX Fees and Expenses
Annual operating expenses and sales charges of GAUIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 1.13% |
| Fee waiver | — |
| Net expense ratio | 1.13% |
| 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 |
GAUIX Costs Over Time
On $10,000 invested in GAUIX, assuming 5% a year before costs, total costs come to $708 over 5 years, cutting the return by 1.19% 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 1.13%) | $119 | $370 | $640 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $119 | $390 | $708 |
| Value after costs | $10,381 | $11,187 | $12,055 |
| Impact on return, per year | 1.19% | 1.19% | 1.19% |
GAUIX 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): 0.0044%
- Total broker commissions: $69K
- Bought from dealers (principal trades, not a cost): $325.1M
- Portfolio turnover (prospectus): 4%
- Securities lending: none during the year
GAUIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| THE WOODBRIDGE COMPANY LIMITED | $33K | 62.23% |
| PIPER SANDLER & CO. | $9K | 16.90% |
| TD SECURITIES (USA) LLC | $6K | 10.37% |
| AllianceBernstein L.P. | $2K | 3.79% |
| DNB CARNEGIE, INC. | $2K | 3.10% |
| CJS SECURITIES, INC. | $600 | 1.13% |
| Allen & Company LLC | $500 | 0.94% |
| RBC CAPITAL MARKETS, LLC | $372 | 0.70% |
| J.P. Morgan Securities LLC | $240 | 0.45% |
| WELLS FARGO SECURITIES, LLC | $204 | 0.38% |
GAUIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Nesbitt Burns Securities Ltd. | $142.9M | 43.96% |
| BARCLAYS CAPITAL, INC. | $110.5M | 33.98% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $33.7M | 10.38% |
| Goldman Sachs & Co. LLC | $20.2M | 6.22% |
| Daiwa Capital Markets America, Inc. | $16.8M | 5.17% |
| WELLS FARGO SECURITIES, LLC | $985K | 0.30% |
The Gabelli Utilities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GAUIX | Class I | 1.13% | none |
| GABUX | Class Aaa | 1.38% | none |
| GAUAX | Class A | 1.38% | 5.75% |
| GUXPX | 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.