Gabelli Launches Sports-Focused ETF: GOLS – Gabelli Opportunities in Live and Sports

Rhea-AI Summary

Gabelli (NYSE: GAMI) launched the Gabelli Opportunities in Live and Sports ETF (GOLS) on Jan 6, 2026 to give investors access to the global sports and live entertainment economy.

The actively managed ETF targets public equities across franchises, leagues, sports media/streaming, ticketing and venue operators, and fan‑engagement technology providers. Gabelli will waive the fund's standard 0.90% management fee for the first year; the stated fee schedule resumes after the inaugural year. The strategy follows Gabelli's Private Market Value with a Catalyst investment approach and is managed by Christopher Marangi and Alec Boccanfuso.

Positive

• Access to sports ecosystem via listed equities
• Waived 0.90% management fee for the first year
• Actively managed strategy with named portfolio managers

Negative

• Management fee of 0.90% resumes after the first year
• ETF shares trade at market price (not NAV), creating spread risk
• Buying/selling may incur brokerage commissions that reduce returns

An actively managed ETF built to capture the enduring value of sports and live entertainment

GREENWICH, Conn., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC (“Gabelli”), today announced the launch of GOLS on the NYSE. GOLS is an actively managed ETF that will provide investors with access to one of the market’s most compelling asset classes: the global sports and live entertainment economy.

Sports franchises and leagues are among the world’s most consistent appreciating assets. Most franchises remain privately held with limited access to individual investors. The Gabelli Opportunities in Live and Sports ETF (“GOLS”) provides investors with the opportunity to own public equities across the sports ecosystem.

GOLS invests across the entire sports eco-system, capturing revenue streams from:

• Individual sports franchises and sports leagues/promotions
• Sports-centric media and streaming platforms
• Ticketing and venue operators
• Technology and data providers enabling fan engagement
  

Christopher Marangi and Alec Boccanfuso are managing GOLS. Their combined coverage of media, entertainment, and sports businesses spans decades. The strategy is guided by Gabelli’s Private Market Value with a Catalyst™ investment philosophy, focusing on companies with durable assets, resilient revenue streams, and identifiable catalysts such as media rights renewals, league expansions, corporate restructuring, and M&A activity.

To underscore its commitment to the strategy’s launch, Gabelli is waiving the ETF’s standard 0.90% management fee for the first year following inception, after which the fund will revert to its stated management fee schedule.

Click here to learn more about GOLS.

Christopher Marangi
Co-CIO, Value
P: 914-921-5219
E: cmarangi@gabelli.com

Alec Boccanfuso
Portfolio Manager
P: 914-921-8327
E: aboccanfuso@gabelli.com

Scan the QR code to learn more about GOLS

Gabelli Funds, LLC is a registered investment adviser with the Securities and Exchange Commission and is a wholly owned subsidiary of GAMCO Investors, Inc.

Important Disclosures

• 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 bad or uncertain market conditions.
  

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 visit https://www.Gabelli.com/funds/etfs or call 800-GABELLI.

Distributed by g.distributors, LLC, a registered broker-dealer and FINRA member firm. 

One Corporate Center, Rye, NY 10580

Contact:
Charles LaRosa
(914) 921-8395

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/e17adef3-c19e-4009-843d-ae7153d03f6f
https://www.globenewswire.com/NewsRoom/AttachmentNg/976b5be3-2a63-4626-9af8-47c41604eef7
https://www.globenewswire.com/NewsRoom/AttachmentNg/38cfe4e8-ff30-459e-aa9b-dda8b348d4ce

FAQ

What is the launch date of Gabelli's GOLS ETF (GAMI)?

Gabelli launched GOLS on January 6, 2026.

What management fee does GOLS (GAMI) charge at launch?

Gabelli is waiving the ETF's 0.90% management fee for the first year; the stated fee resumes afterward.

What sectors does GOLS (GAMI) invest in within the sports economy?

GOLS invests in franchises/leagues, sports media and streaming, ticketing and venues, and fan‑engagement technology providers.

Who manages the Gabelli GOLS ETF (GAMI)?

The ETF is managed by Christopher Marangi and Alec Boccanfuso.

How are GOLS (GAMI) shares bought and sold?

Shares are bought and sold at market price (not NAV) and may incur brokerage commissions.

Where can investors obtain the GOLS prospectus for GAMI?

The prospectus is available at https://www.Gabelli.com/funds/etfs or by calling 800‑GABELLI.