MLGLX Fees and Costs — Gabelli Media Mogul Fund, Class A
Data updated: 2026-08-31
The net expense ratio is 1.15% (5.15% before fee waivers). 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 $3K in broker commissions, 0.0692% of average net assets, and portfolio turnover was 14%.
MLGLX Fees and Expenses
Annual operating expenses and sales charges of MLGLX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | 3.90% |
| Gross expense ratio | 5.15% |
| Fee waiver | −4.00% |
| Net expense ratio | 1.15% |
| 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 |
MLGLX Costs Over Time
On $10,000 invested in MLGLX, assuming 5% a year before costs, total costs come to $1,449 over 5 years, cutting the return by 2.50% 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 1.15%) | $114 | $354 | $613 |
| Trading costs (broker commissions) | $7 | $21 | $37 |
| Lost growth on money paid in costs | $29 | $109 | $225 |
| Total costs | $724 | $1,060 | $1,449 |
| Value after costs | $9,776 | $10,516 | $11,313 |
| Impact on return, per year | 7.24% | 3.31% | 2.50% |
MLGLX 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): 0.0692%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $519K
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
MLGLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $1K | 48.96% |
| TD SECURITIES (USA) LLC | $688 | 26.50% |
| PIPER SANDLER & CO. | $393 | 15.14% |
| CANTOR FITZGERALD & CO. | $90 | 3.47% |
| THE WOODBRIDGE COMPANY LIMITED | $55 | 2.12% |
| Stifel, Nicolaus & Company, Incorporated | $50 | 1.93% |
| DNB MARKETS, INC. | $21 | 0.81% |
| ALLIANCEBERNSTEIN L.P. | $18 | 0.69% |
| THE BANK OF NEW YORK MELLON | $10 | 0.39% |
MLGLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Nesbitt Burns Securities Ltd. | $257K | 49.54% |
| GOLDMAN SACHS & CO. LLC | $143K | 27.61% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $119K | 22.86% |
Gabelli Media Mogul Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MOGLX | Gabelli Media Mogul Fund | 0.90% | none |
| MLGLX | Class A | 1.15% | 5.75% |
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.