GGMMX Fees and Costs — Gabelli Global Mini Mites Fund, Class I
Data updated: 2026-08-31
The net expense ratio is 0.90%: a 1.00% management fee plus 0.98% other expenses, less a 1.08% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $14K in broker commissions, 0.0906% of average net assets, and portfolio turnover was 29%.
GGMMX Fees and Expenses
Annual operating expenses and sales charges of GGMMX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.98% |
| Gross expense ratio | 1.98% |
| Fee waiver | −1.08% |
| 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 |
GGMMX Costs Over Time
On $10,000 invested in GGMMX, assuming 5% a year before costs, total costs come to $620 over 5 years, cutting the return by 1.04% 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 | $511 |
| Trading costs (broker commissions) | $10 | $30 | $51 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $341 | $620 |
| Value after costs | $10,396 | $11,236 | $12,143 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
GGMMX 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): 0.0906%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $19.8M
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
GGMMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $6K | 67.16% |
| THE WOODBRIDGE COMPANY LIMITED | $2K | 19.61% |
| RBC CAPITAL MARKETS, LLC | $865 | 8.95% |
| UBS Securities LLC | $200 | 2.07% |
| BARCLAYS CAPITAL, INC. | $190 | 1.97% |
| PIPER SANDLER & CO. | $13 | 0.13% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $11 | 0.11% |
GGMMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Daiwa Capital Markets America, Inc. | $8.8M | 44.21% |
| BMO Nesbitt Burns Securities Ltd. | $5.7M | 28.68% |
| BARCLAYS CAPITAL, INC. | $3.2M | 16.29% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $960K | 4.84% |
| GOLDMAN SACHS & CO. LLC | $801K | 4.04% |
| Direct Access Partners LLC | $275K | 1.39% |
| WELLS FARGO SECURITIES, LLC | $110K | 0.55% |
Gabelli Global Mini Mites Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GAMNX | Class Aaa | 0.90% | none |
| GGMMX | Class I | 0.90% | none |
| GMNAX | Class A | 0.90% | 5.75% |
| GMNCX | Class C | 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.