GRBIX — Gabelli RBI Fund

GRBIX Fund Overview

GRBIX — Gabelli RBI Fund is a US mutual fund managed by Gabelli Innovations Trust, categorised as Global (incl. US) Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Gabelli Innovations Trust
• Category: Global (incl. US) Value Equity
• Ticker: GRBIX
• SEC CIK: 0001760567
• SEC series ID: S000064858
• Share class ID: C000209944

GRBIX Investment Objective and Strategy

Gabelli RBI Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Gabelli Innovations Trust.

Investment objective

The Fund seeks to provide capital appreciation.

Principal investment strategy

Under normal market conditions, the Fund invests primarily in equity securities, such as common stock, of domestic and foreign services and equipment companies focused on physical asset development, including roads, bridges, and infrastructure (RBI). The Adviser selects companies which it believes are currently undervalued and have the potential to benefit from domestic and global reinvestment and development of physical assets, including roads, bridges, and other infrastructure-related industries. The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended. The Advisers investment process emphasizes a bottom-up approach to stock selection, focused on global exposure, risk mitigation, and fundamental analysis. In addition, the Adviser evaluates each company in its global universe using proprietary equity analysis, with a focus on core competencies.

The Advisers investment philosophy with respect to securities is to identify assets that are selling in the public market at a discount to their private market value (PMV). The Adviser defines PMV as the value informed purchasers are willing to pay to acquire assets with similar characteristics. The Adviser also generally evaluates an issuers free cash flow and long-term earnings trends. Finally, the Adviser looks for a catalyst, something indigenous to the company, its industry or geographic positioning that may surface additional value, including, but not limited to, industry developments, regulatory changes, changes in management, sale or spin-off of a division, or the development of a profitable new business. The current investable universe includes U.S. and non-U.S. listed companies in all capitalization ranges in the industrials industry.

The Fund is intended for investors seeking capital appreciation. It is not intended for those who wish to play short-term swings in the stock market.

GRBIX Costs and Fees

GRBIX costs about $90 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.90%
• Gross expense ratio: 2.40%

GRBIX Debt Constituents

No individual debt constituents are reported in Gabelli RBI Fund's latest SEC N-PORT filing.

GRBIX Prospectus and SEC Filings

Official Gabelli RBI Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-01-28
• Prospectus (485BPOS) — filed 2025-01-28
• Prospectus (485BPOS) — filed 2024-01-26

Related Funds

Other Global (incl. US) Value Equity funds tracked on ABC INVEST:

• FPA U.S. Value Fund, Inc. (FPPFX)
• ICON Consumer Discretionary Fund (ICCCX)
• ICON Industrials Fund (ICTRX)
• Gabelli RBI NextShares (GRBIC)
• Intrepid Select Fund (ICMTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.