Gabelli Gold Fund, Inc. Class AAA (GOLDX) NASDAQ

43.95

+0.68(+1.57%)

Updated at September 30 08:09AM

Currency In USD

Gabelli Gold Fund, Inc. Class AAA

Address

One Corporate Center

Rye, NY 10580-1434

United States of America

Phone

8004223554

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

July 11, 1994

Key Executives

N/A

Description

The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of foreign and domestic issuers principally engaged in gold related activities and gold bullion. The adviser focuses on stocks that are undervalued, but which appear to have favorable prospects for growth. Because most of the world's gold production is outside of the United States, the advisor expects that a significant portion of the fund's assets may be invested in securities of foreign issuers, including those located in emerging markets.