MLGLX — Gabelli Media Mogul Fund
Data updated: 2026-08-31
MLGLX — Gabelli Media Mogul Fund. United States Small Cap Blend / Core Communication Services Equity. Holdings, fees, performance and SEC filings.
MLGLX Fund Overview
MLGLX — Gabelli Media Mogul Fund is a US mutual fund managed by Gabelli Innovations Trust, categorised as United States Small Cap Blend / Core Communication Services 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: United States Small Cap Blend / Core Communication Services Equity
- Assets under management: $3.59M
- 1-year return: 5.9%
- Ticker: MLGLX
- SEC CIK: 0001760567
- SEC series ID: S000064856
- Share class ID: C000236314
MLGLX Investment Objective and Strategy
Gabelli Media Mogul 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 at least 80% of its net assets, plus borrowings for investment purposes, in the media industry. Media industry companies are companies that are primarily engaged in the production, sale and distribution of goods or services used in the media industry. Media industry companies are companies that derive at least 50% of their revenue from the production or distribution of information and entertainment content, and may include television and radio stations, motion picture companies, print publishing and providers of internet content, as well as satellite service providers, cable service providers and advertising service providers. The Fund will specifically invest in companies that were spun-off from Liberty Media Corporation (Liberty Media) as constituted in 2001, as well as in companies that resulted from subsequent mergers of any such spin-offs or stocks that track performance of such spin-offs or companies that resulted from subsequent mergers of any such spin-offs, and in public companies in which Liberty Media and its successor companies invest.
The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended. Liberty Media was spun off from AT&T Corporation in August 2001, as an amalgamation of, among others, media and telecommunications related assets. The companys chairman and largest shareholder since inception has been Dr. John C. Malone. Since 2001, Liberty Media has engaged in a series of spin-offs, split-offs, mergers, and tracking stock issuances. Tracking stocks are generally common stocks issued by a parent company that track performance of a particular division of a company without having claim on the assets of the division or the parent company. The current investable universe includes U.S. and non-U.S. listed companies in all capitalization ranges in the media industry. The Adviser will weight these securities utilizing factors including, but not limited to the attractiveness of a securitys valuation and the potential for a catalyst or event that might surface underlying value in a particular security.
MLGLX Holdings
Top 10 holdings of Gabelli Media Mogul Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 26.70% |
| United States Of America - Bureau Of The Public Debt | 25.99% |
| Atlanta Braves Holdings, Inc. | 18.78% |
| Liberty Live Holdings, Inc. | 6.47% |
| Liberty Media Corp. | 6.09% |
| Madison Square Garden Sports Corp. | 5.59% |
| Liberty Global Ltd. | 3.98% |
| United States Of America - Bureau Of The Public Debt | 3.06% |
| Liberty Capital Corp. | 2.04% |
| Echostar Corp. | 1.98% |
MLGLX Portfolio Allocation
Asset-class allocation of Gabelli Media Mogul Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 55.7% |
| Equity | 44.9% |
MLGLX Performance
Total returns for MLGLX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 5.9% |
| 3 years (annualised) | 5.6% |
MLGLX Risk Information
Risk metrics for MLGLX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.6%
MLGLX Costs and Fees
MLGLX costs about $115 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.15%
- Gross expense ratio: 5.15%
- Portfolio turnover: 14%
- Brokerage commissions: 6.92 bps of average net assets (SEC N-CEN)
MLGLX Cashflows
Over the 12 months to 2026-06, Gabelli Media Mogul Fund had net outflows of $1.38M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$39.05K |
| 2026-05 | −$2.89K |
| 2026-04 | −$497.36K |
| 2026-03 | $3.49K |
| 2026-02 | $5.01K |
| 2026-01 | −$757.02K |
MLGLX Debt Constituents
Largest debt holdings of Gabelli Media Mogul Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 26.70% |
| United States Of America - Bureau Of The Public Debt | 25.99% |
| United States Of America - Bureau Of The Public Debt | 3.06% |
MLGLX Prospectus and SEC Filings
Official Gabelli Media Mogul 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
- Portfolio holdings (N-PORT) — filed 2026-08-31
- Portfolio holdings (N-PORT) — filed 2026-06-01
- Portfolio holdings (N-PORT) — filed 2026-03-02
- Annual census (N-CEN) — filed 2025-12-15
- Annual census (N-CEN) — filed 2024-12-13
Related Funds
Other United States Small Cap Blend / Core Communication Services Equity funds tracked on ABC INVEST:
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.