GFSIX Fees and Costs — The Gabelli Global Financial Services Fund, Class I
Data updated: 2026-08-31
The net expense ratio is 1.00%: a 1.00% management fee plus 0.37% other expenses, less a 0.37% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $17K in broker commissions, 0.0303% of average net assets, and portfolio turnover was 9%.
GFSIX Fees and Expenses
Annual operating expenses and sales charges of GFSIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | 0.37% |
| Gross expense ratio | 1.37% |
| Fee waiver | −0.37% |
| Net expense ratio | 1.00% |
| 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 |
GFSIX Costs Over Time
On $10,000 invested in GFSIX, assuming 5% a year before costs, total costs come to $644 over 5 years, cutting the return by 1.08% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $354 | $644 |
| Value after costs | $10,392 | $11,222 | $12,119 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
GFSIX 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): 0.0303%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $29.0M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
GFSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| DAIWA CAPITAL MARKETS AMERICA INC. | $4K | 30.77% |
| THE WOODBRIDGE COMPANY LIMITED | $3K | 19.35% |
| TD SECURITIES (USA) LLC | $2K | 17.25% |
| RBC CAPITAL MARKETS, LLC | $1K | 9.70% |
| BARCLAYS CAPITAL, INC. | $1K | 9.04% |
| Oddo BHF New York Corporation | $464 | 3.51% |
| JEFFERIES LLC | $426 | 3.22% |
| J.P. MORGAN SECURITIES LLC | $371 | 2.81% |
| CJS SECURITIES, INC. | $334 | 2.53% |
| Stifel, Nicolaus & Company, Incorporated | $240 | 1.82% |
GFSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Nesbitt Burns Securities Ltd. | $11.2M | 38.75% |
| BARCLAYS CAPITAL, INC. | $6.6M | 22.73% |
| Daiwa Capital Markets America, Inc. | $3.9M | 13.30% |
| GOLDMAN SACHS & CO. LLC | $3.6M | 12.51% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $2.9M | 10.02% |
| Direct Access Partners LLC | $672K | 2.32% |
| Wells Fargo Clearing Services, LLC | $105K | 0.36% |
The Gabelli Global Financial Services Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GFSIX | Class I | 1.00% | none |
| GAFSX | Class AAA | 1.25% | none |
| GGFSX | Class A | 1.25% | 5.75% |
| GCFSX | Class C | 2.00% | 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.