Gabelli Financial Services Opportunities ETF Surpasses $50M in Assets

Q: How has GABF (NYSE: GABF) performed since inception compared to the S&P 500 Financials Index?

Since inception (May 10, 2022) GABF returned 17.54% annualized , versus 12.48% for the S&P 500 Financials Index. According to the company, those figures are measured through March 31, 2026 and reflect total-return performance.

Q: Why did GABF have a negative 1-year return and how should investors interpret it?

GABF’s 1-year return was (3.55)% , while the index returned 0.72%. According to the company, short-term underperformance can reflect sector volatility, interest-rate effects, and individual security selection within the financial-services focus.

Q: Who manages the Gabelli Financial Services Opportunities ETF (GABF) and what is their background?

The fund is managed by portfolio manager Macrae Sykes , who has sector expertise and prior analyst rankings. According to the company, Sykes led the strategy since inception and draws on a Private Market Value with a Catalyst investment approach.

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Rhea-AI Summary

Gabelli Financial Services Opportunities ETF (NYSE: GABF) surpassed $50 million in assets under management as of April 29, 2026, reflecting investor interest in an actively managed strategy focused on financial services innovation.

From inception (May 10, 2022) through March 31, 2026, GABF delivered an annualized return of 17.54% versus 12.48% for the S&P 500 Financials Index; recent 1-year return was (3.55)%, and 3-year annualized return was 20.01%. The fund is managed by Macrae Sykes and is one of eight actively managed ETFs on Gabelli’s platform.

Positive

AUM milestone: $50M+
Since inception annualized return 17.54%
3-year annualized return 20.01%
Active, research-driven strategy managed by Macrae Sykes

Negative

1-year return (3.55)% underperforming index
ETF trades at market price (not NAV), introducing tracking/price risk
Exposure to credit and interest-rate sensitivity risks

News Market Reaction – GAMI

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In the Apr 29 session, GAMI declined 0.21%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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04/29/2026 - 08:00 AM

PALM BEACH, Fla., April 29, 2026 (GLOBE NEWSWIRE) -- The Gabelli Financial Services Opportunities ETF (NYSE: GABF) has surpassed $50M in AUM, reflecting growing investor interest in active, research-driven investments in companies transforming the financial services landscape.

GABF is an actively managed ETF that invests primarily in financial services companies, emphasizing durable franchises and management teams with productive capital allocation. The ETF is managed using Gabelli's Private Market Value with a Catalyst™ investment approach and focuses on companies at the forefront of financial services innovation. The strategy is built around several key themes: digitization, the generational wealth transfer, and the ‘American Tailwind’ of economic growth and prosperity.

From inception through March 31, 2026, GABF delivered annualized returns of 17.54%, compared to a 12.48% return for the S&P 500 Financials Index over the same period. As of March 31, 2026, the Fund’s 1-year, 3-year, and since inception annualized total returns were:

Time Period	GABF (TR)	S&P 500 Financials Index (TR)
1-Year	(3.55)%	0.72%
3-Year	20.01%	17.37%
Inception (May 10, 2022)	17.54%	12.48%

Since its inception in 2022, GABF has been managed by Macrae Sykes, who was ranked as the #1 investment services analyst by The Wall Street Journal in 2010 and was a runner-up in the StarMine analyst awards for stock picking in 2014 and 2018. Mr. Sykes brings extensive sector expertise to identifying opportunities in the financial services landscape.

This milestone underscores continued momentum across Gabelli’s rapidly growing ETF platform, with GABF representing one of Gabelli’s eight actively managed ETFs, all designed to deliver targeted exposures backed by the firm’s research-driven, value-oriented approach. Click here to view the full family of Gabelli ETFs.

Click here to learn more about GABF or scan the QR code below.

Gabelli

Contact

Macrae Sykes
Portfolio Manager, Gabelli Financial Services Opportunities ETF
P: 914-921-5398
E: msykes@gabelli.com

Shares of this ETF are bought and sold at market price (not NAV) and are not individually redeemed from the fund.
Buying or selling ETF shares may require additional fees such as brokerage commissions, which will reduce returns.
These additional risks may be even greater in challenging or uncertain market conditions.

Financial services companies operate in heavily regulated industries, which are subject to change. The underlying securities are subject to credit and interest rate sensitivity risk, which could affect earnings. Additionally, since financial services firms are correlated to GDP, a decline in the economic environment could impact profitability.

You should consider the ETF’s investment objectives, risks, charges and expenses carefully before you invest. The ETF’s Prospectus is available from G.distributors, LLC, a registered broker-dealer and FINRA member firm, and contains this and other information about the ETF, and should be read carefully before investing. To obtain a Prospectus, please call 800-GABELLI or visit https://www.gabelli.com/funds/etfs/intro.

Distributed by G.Distributors, LLC, a registered broker-dealer and FINRA member firm. One Corporate Center, Rye, NY 10580

Contact:
Macrae Sykes
(914) 921-5398

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6fd6ae7c-8302-43c5-9dd0-25340bc2e81e

FAQ

What does GABF surpassing $50M in AUM mean for investors?

It signals growing investor interest in the fund’s strategy and scale. According to the company, reaching $50 million may improve visibility and operational capacity while still leaving liquidity and trading considerations for market participants.

How has GABF (NYSE: GABF) performed since inception compared to the S&P 500 Financials Index?

Since inception (May 10, 2022) GABF returned 17.54% annualized, versus 12.48% for the S&P 500 Financials Index. According to the company, those figures are measured through March 31, 2026 and reflect total-return performance.

Why did GABF have a negative 1-year return and how should investors interpret it?

GABF’s 1-year return was (3.55)%, while the index returned 0.72%. According to the company, short-term underperformance can reflect sector volatility, interest-rate effects, and individual security selection within the financial-services focus.

Who manages the Gabelli Financial Services Opportunities ETF (GABF) and what is their background?

The fund is managed by portfolio manager Macrae Sykes, who has sector expertise and prior analyst rankings. According to the company, Sykes led the strategy since inception and draws on a Private Market Value with a Catalyst investment approach.

What are the main risks associated with investing in GABF (NYSE: GABF)?

Key risks include credit and interest-rate sensitivity, regulatory exposure, and market-price trading risk because ETF shares trade at market price, not NAV. According to the company, these risks can affect returns, especially in uncertain economic conditions.