GAMCO INVESTORS INC A - GAMI STOCK NEWS

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GAMCO Investors, Inc. (NYSE:GBL) is a prominent investment advisory services provider for various types of investors. Established in 1977 by Mario J. Gabelli, the company is renowned for its research-driven equity investment approach and the proprietary Private Market Value (PMV) with a Catalyst™ stock selection strategy. With $39.7 billion assets under management (AUM) as of December 31, 2016, 95% of which is invested in equities, GAMCO operates through two registered investment advisers: GAMCO Asset Management Inc. (institutional and private wealth management) and Gabelli Funds, LLC (funds). G.Distributors, LLC serves as an underwriter and distributor for the company's open-end funds.

05/07/2024 04:15 PM

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GAMCO Board Declares Special Dividend of $0.20 per share and Regular Quarterly Dividend of $0.04 per share

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GAMCO Investors, Inc. announced a special dividend of $0.20 per share and a regular quarterly dividend of $0.04 per share to all Class A and Class B shareholders. The dividends are payable on June 25, 2024, to shareholders of record on June 11, 2024. GAMI is known for its research-driven value approach to equity investing and serves a diverse client base.

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04/22/2024 04:00 PM

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Gabelli Equity Income Fund Reaffirms $1.20 Distribution Policy and Announces Conversion of C1 Class

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The Gabelli Equity Income Fund reaffirms its annual distribution rate of $1.20 per share, representing $0.10 per share monthly. Class C1 shares will be converted into Class C shares after May 28, 2024. The Fund is managed by Gabelli Funds, , and distributed by G.distributors, , subsidiaries of GAMCO Investors, Inc. (OTCQX: GAMI).

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04/22/2024 08:00 AM

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Gabelli Funds to Host 16th Annual Media & Entertainment Symposium Thursday, June 6, 2024

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Gabelli Funds will host its 16th Annual Media & Entertainment Symposium on June 6, 2024, featuring discussions with leading companies and organizations in the media industry, sports investing, and advertising panels. The event will be held at the Harvard Club in New York City, with opportunities for one-on-one meetings and webcast attendance for remote participants.

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04/05/2024 08:00 AM

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Gabelli U.S. Treasury Money Market Fund Exceeds $5 Billion in Aum by Offering Tax-Advantaged Returns

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Gabelli Funds, announces that the Gabelli U.S. Treasury Money Market Fund (GABXX) has surpassed $5 billion in assets under management. The Fund offers a low-cost money market strategy with total expenses capped at 0.08% and tax-advantaged returns. Managed by Judy Raneri and Ron Eaker, the Fund invests solely in U.S. Treasury securities, aiming for high current income while preserving principal and liquidity.

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04/01/2024 04:15 PM

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GAMCO Expects to Report Diluted EPS for the First Quarter 2024 of $0.61 to $0.67 Per Share

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GAMCO Investors, Inc. (GAMI) reports an increase in assets under management to $32.4 billion in March 2024 from $30.7 billion in March 2023. The company anticipates diluted earnings per share for the first quarter of 2024 to be between $0.61 and $0.67, compared to $0.62 in the first quarter of 2023.

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04/01/2024 03:16 PM

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Gabelli Funds to Host 10th Annual Waste & Environmental Services Symposium Thursday, April 4, 2024

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Gabelli Funds, will host the 10th Annual Waste & Environmental Services Symposium at the Harvard Club in New York City, featuring companies focused on waste, water treatment, and the environment. The event will provide attendees with the opportunity to meet management from various presenting companies such as Republic Services, Waste Connections, and Ranpak Holdings.

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03/18/2024 08:00 AM

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Gabelli Funds to Host 10th Annual Waste & Sustainability Symposium Thursday, April 4, 2024

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Gabelli Funds, is hosting the 10th Annual Waste & Sustainability Symposium at the Harvard Club in New York City on April 4, 2024, bringing together companies focusing on waste, water treatment, and the environment. Attendees can engage with management in a one-on-one setting. Various companies like 374Water Inc., BioLargo, Inc., and Republic Services, Inc. will be presenting at the event.

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03/06/2024 08:00 AM

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Gabelli Funds to Host 15th Annual Specialty Chemicals Symposium Thursday, March 14, 2024

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Gabelli Funds hosts its 15th Annual Specialty Chemicals Symposium in New York, featuring various companies and industry topics. The event includes one-on-one meetings with management and discussions on pricing power, margin recovery, and global trends.

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02/29/2024 01:05 PM

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Gabelli Utilities Fund Reaffirms $0.88 Distribution Policy and Announces Conversion of C1 Class

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The Gabelli Utilities Fund reaffirms its annual distribution rate of $0.88 per share for various classes of shareholders. Class C1 shares will be converted into Class C shares, resulting in a lower number of shares for shareholders but with the same aggregate value. Shareholders can redeem their investments before or after the Effective Date. The Fund is managed by Gabelli Funds, LLC and distributed by G.distributors, LLC, subsidiaries of GAMCO Investors, Inc. (OTCQX: GAMI).

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02/28/2024 07:30 AM

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GAMCO Policy on Precluding Questions During Public Company Conference Calls

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GAMCO Investors, Inc. expresses concern over the exclusion of buy side analysts from a recent earnings call, emphasizing the importance of shareholder participation. GAMCO manages assets of private advisory accounts, mutual funds, and closed-end funds, following a Private Market Value with a Catalyst™ investment style.

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FAQ

What is the current stock price of GAMCO INVESTORS A (GAMI)?

The current stock price of GAMCO INVESTORS A (GAMI) is $24.22 as of December 20, 2024.

What is the market cap of GAMCO INVESTORS A (GAMI)?

The market cap of GAMCO INVESTORS A (GAMI) is approximately 639.4M.

When was GAMCO Investors, Inc. founded?

GAMCO Investors, Inc. was founded in 1977 by Mario J. Gabelli.

What is the significance of the Private Market Value (PMV) strategy used by GAMCO?

The Private Market Value (PMV) with a Catalyst™ stock selection strategy is a proprietary approach employed by GAMCO for equity investing.

How much assets under management (AUM) does GAMCO have?

As of December 31, 2016, GAMCO had $39.7 billion in assets under management.

What percentage of GAMCO's AUM is invested in equities?

95% of GAMCO's $39.7 billion assets under management is invested in equities.

How does GAMCO operate in terms of registered investment advisers?

GAMCO operates through two registered investment advisers: GAMCO Asset Management Inc. for institutional and private wealth management and Gabelli Funds, LLC for funds.