GCCEX Performance — The Gabelli Equity Income Fund, Class C1
Data updated: 2026-08-31
GCCEX returned +5.29% over one year to Apr 2024. The annualised 3-year return is +3.01%. The fund trailed its US Multi-Cap Value category average: $100 invested three years ago grew to $109, against $114 for the category, and to $105 over one year, against $113. Volatility over the past three years was 16.37% a year. In the 12 months to Jun 2026 the fund took in a net $69.0M, and assets reached $458.73M.
GCCEX 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 | GCCEX | Category average |
|---|---|---|
| 1 year (May 2023 – Apr 2024) | $105 | $113 |
| 3 years (May 2021 – Apr 2024) | $109 | $114 |
| Since data start (Jul 2019 – Apr 2024) | $141 | $147 |
GCCEX Trailing Returns
Total returns to Apr 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.29% |
| 3 years (annualised) | +3.01% |
GCCEX 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 |
|---|---|
| 2024 (Jan–Apr) | +1.10% |
| 2023 | +7.16% |
| 2022 | −6.10% |
| 2021 | +22.74% |
| 2020 | +6.30% |
| 2019 (Jul–Dec) | +6.16% |
GCCEX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.0% | +1.3% | +4.2% | −4.2% | — | — | — | — | — | — | — | — |
| 2023 | +5.1% | −1.9% | −1.1% | +1.0% | −5.6% | +7.1% | +2.3% | −2.3% | −5.0% | −4.0% | +7.0% | +5.5% |
| 2022 | −2.6% | −1.9% | +2.2% | −5.6% | +2.9% | −8.0% | +6.9% | −3.3% | −7.7% | +9.7% | +7.2% | −4.2% |
| 2021 | −1.1% | +5.2% | +5.1% | +4.6% | +3.7% | −1.7% | +0.8% | +1.2% | −3.4% | +4.8% | −3.8% | +6.1% |
| 2020 | −2.4% | −9.2% | −15.9% | +10.4% | +4.4% | +1.3% | +4.5% | +4.5% | −1.6% | −2.6% | +13.1% | +3.1% |
| 2019 | — | — | — | — | — | — | −0.9% | −2.7% | +2.8% | +1.5% | +2.8% | +2.7% |
GCCEX Risk
Risk measures from monthly returns over May 2021 – Apr 2024.
- 3-year volatility (annualised): 16.37%
- 3-year Sharpe ratio: -0.09 (vs 4.5% risk-free rate)
- Best month: +9.72% (Oct 2022)
- Worst month: −7.97% (Jun 2022)
GCCEX 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 |
GCCEX 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.