GTCAX Fees and Costs — Gabelli Global Content & Connectivity Fund, Class A
Data updated: 2026-08-31
The net expense ratio is 0.91%: a 1.00% management fee, a 0.25% 12b-1 fee plus 0.44% other expenses, less a 0.78% fee waiver. This share class carries a maximum front-end sales load of 5.75% and a redemption fee of 2.00%. In fiscal 2025 the fund paid $16K in broker commissions, 0.0226% of average net assets, and portfolio turnover was 9%.
GTCAX Fees and Expenses
Annual operating expenses and sales charges of GTCAX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.44% |
| Gross expense ratio | 1.69% |
| Fee waiver | −0.78% |
| Net expense ratio | 0.91% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
GTCAX Costs Over Time
On $10,000 invested in GTCAX, assuming 5% a year before costs, total costs come to $1,284 over 5 years, cutting the return by 2.20% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.91%) | $90 | $281 | $488 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $29 | $105 | $209 |
| Total costs | $696 | $968 | $1,284 |
| Value after costs | $9,804 | $10,608 | $11,478 |
| Impact on return, per year | 6.96% | 3.01% | 2.20% |
GTCAX 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): 0.0226%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $10.6M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
GTCAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $4K | 26.11% |
| THE WOODBRIDGE COMPANY LIMITED | $2K | 13.21% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $2K | 12.24% |
| ALLIANCEBERNSTEIN L.P. | $2K | 11.01% |
| Stifel, Nicolaus & Company, Incorporated | $1K | 9.64% |
| PIPER SANDLER & CO. | $1K | 7.45% |
| MORGAN STANLEY & CO. LLC | $860 | 5.76% |
| DNB BANK ASA | $824 | 5.52% |
| CANTOR FITZGERALD & CO. | $722 | 4.83% |
| RBC CAPITAL MARKETS, LLC | $631 | 4.23% |
GTCAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Nesbitt Burns Securities Ltd. | $5.6M | 52.56% |
| BARCLAYS CAPITAL, INC. | $2.4M | 22.16% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $1.3M | 12.00% |
| Daiwa Capital Markets America, Inc. | $822K | 7.75% |
| GOLDMAN SACHS & CO. LLC | $586K | 5.52% |
Gabelli Global Content & Connectivity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GTCCX | Class C | 0.90% | none |
| GABTX | Class Aaa | 0.91% | none |
| GTCAX | Class A | 0.91% | 5.75% |
| GTTIX | Class I | 0.91% | 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.