Gamco Invs Inc Stock Price, News & Analysis

Gabelli Funds is set to host its 17th Annual Media & Entertainment Symposium at the Harvard Club in New York City on June 5, 2025. The event will feature discussions with leading companies across the media ecosystem, focusing on industry dynamics, current trends, and business fundamentals. The symposium includes specialized panels on Sports Investing, Media & Telecom Regulatory matters, and Advertising. Notable participants include executives from major companies like Lionsgate Studios, Rogers Communications, Nexstar Media Group, and The E.W. Scripps Company. The event will be accessible both in-person and via webcast, with some participants attending virtually. The full-day program runs from 8:20 AM and includes opportunities for one-on-one meetings with management teams.

Gabelli Funds is set to host its 17th Annual Media & Entertainment Symposium on June 5, 2025 at the Harvard Club in New York City. The event will feature comprehensive discussions with leading companies across the media ecosystem, focusing on industry dynamics, current trends, and business fundamentals. The symposium includes specialized panels on Sports Investing, Media & Telecom Regulatory issues, and Advertising. Notable participants include executives from major companies like Lionsgate Studios, Rogers Communications, and Live Nation Entertainment. The event will be accessible both in-person and via webcast, with opportunities for one-on-one meetings with management teams. The full-day program runs from 8:20 AM and features presentations from over 15 prominent media and entertainment companies.

The Gabelli U.S. Treasury Money Market Fund (GABXX) has achieved significant recognition from iMoneyNet™ (EPFR), ranking #1 in two categories: the 100% U.S. Treasury Retail category as of March 31, 2025, and highest 12-month total return among 95 funds in the Government Retail category as of April 30, 2025. The Fund, managing $5.6 billion in assets, focuses exclusively on U.S. Treasury securities with a low expense ratio of 0.08%. Led by Co-Portfolio Managers Judith Raneri and Ronald Eaker for over 32 years since its 1992 launch, the Fund offers investors a secure, liquid, and tax-efficient cash management solution with tax-exempt dividends.

Jennifer A. Wallace has been named the 2025 recipient of the Graham & Dodd, Murray, Greenwald Prize for Value Investing by Columbia Graduate School of Business and Gabelli Funds. The award was presented at Gabelli's fortieth client conference on May 16th in New York. Wallace, who launched Summit Street Capital in 2009, is recognized for her career-long dedication to value investing, implementing a deep value approach focused on concentrated portfolios of high-quality companies.

The "Gabelli Prize," established in 2005 with a $1 million fund by Gabelli, honors individuals who have made outstanding contributions to value investing. Wallace, a Columbia College BA and Columbia Business School MBA graduate, received Beta Gamma Sigma honors.

Gabelli Funds has announced the 2025 inductees to the GAMCO Management Hall of Fame at its 40th annual client conference. The new inductees are Robert C. Lyons (GATX Corporation), Luca Savi (ITT Inc.), Ian K. Walsh (Kaman Corporation), and Kenichiro Yoshida (Sony Group Corporation). The Hall of Fame, established in 1990, has now reached 130 inductees.

Selection criteria for inductees include creating shareholder wealth, earning superior long-term returns, practicing capital accumulation, and enhancing client investment success. The selection process aligns with Gabelli Funds' fundamental research principles, based on Benjamin Graham and David Dodd's Security Analysis (1934) and value investing methodology.

The Gabelli Dividend & Income Trust (NYSE:GDV) has announced the continuation of its monthly cash distribution policy. The Board of Trustees declared distributions of $0.14 per share for July, August, and September 2025. Notably, the annual distribution was increased by 27% to $1.68 per share, effective from January 2025. The distributions will be paid according to the following schedule: July (record: 7/17, payable: 7/24), August (record: 8/15, payable: 8/22), and September (record: 9/16, payable: 9/23). The distribution composition for 2025 is approximately 13% from net investment income and 87% from net capital gains on a book basis.

The Board continues to evaluate strategic opportunities in the current equity market environment and will monitor the Fund's distribution level considering market conditions and net asset value.

The Ellsworth Growth and Income Fund Ltd. (NYSE: ECF) has announced a significant 23% increase in its quarterly distribution, raising it to $0.16 per share from $0.13. The distribution is payable on June 23, 2025, to shareholders of record on June 13, 2025. This increase brings the annual distribution rate to $0.64 from $0.52 per share.

The boost follows the Fund's strong market total return of 27% in 2024. The Fund aims to distribute annually either 5% of its trailing 12-month average month-end market prices or meet minimum IRS requirements. The current distribution comprises approximately 19% from net investment income and 81% from net capital gains on a book basis.

The Gabelli Healthcare & WellnessRx Trust (GRX) announced a 13% increase in its quarterly distribution from $0.15 to $0.17 per share, raising the annual distribution from $0.60 to $0.68 per share. The increased quarterly distribution will be paid on June 23, 2025, to shareholders of record as of June 13, 2025. Based on current accounting records, the 2025 distributions comprise approximately 4% from net investment income, 80% from net capital gains, and 16% return of capital. The Fund's Board of Trustees regularly reviews distribution levels, considering net asset value and market conditions, with the policy subject to modification or termination at any time.

The Gabelli Convertible and Income Securities Fund (NYSE:GCV) has declared a $0.12 per share cash distribution, payable on June 23, 2025, to shareholders of record on June 13, 2025. The Fund maintains a policy to distribute a minimum of 8% of its average net asset value annually. The current distribution composition includes approximately 13% from net investment income and 87% return of capital based on accounting records for the fiscal year ending September 30, 2025. The Board regularly reviews distribution levels considering market conditions and net asset value fluctuations. Final tax determinations for 2025 distributions will be provided to shareholders via Form 1099-DIV in early 2026.

Shareholders should note that the distribution may be subject to a maximum 20% federal income tax rate for long-term capital gains in taxable accounts, plus a 3.8% Medicare surcharge for certain individuals whose income exceeds specific thresholds.