Welcome to our dedicated page for The Gabelli Global Small and Mid Cap Value Trust news (Ticker: GGZ), a resource for investors and traders seeking the latest updates and insights on The Gabelli Global Small and Mid Cap Value Trust stock.
The Gabelli Global Small and Mid Cap Value Trust (symbol: GGZ) is a diversified closed-ended management investment company focused on achieving long-term capital growth. The Trust's strategic approach involves investing in a variety of equity securities, including common and preferred stocks of small and mid-cap companies worldwide. Leveraging the extensive research capabilities and proprietary methodologies of its parent company, GAMCO Investors, Inc., GGZ aims to find undervalued companies with significant growth potential.
Established in 1977 by renowned investor Mario J. Gabelli, GAMCO Investors has built a strong reputation for its research-driven approach to equity investing. The company’s proprietary Private Market Value (PMV) with a Catalyst™ stock selection strategy plays a crucial role in GGZ’s investment process. This strategy focuses on identifying stocks trading below their intrinsic value, with potential triggers that could unlock this value.
As of December 31, 2016, GAMCO Investors manages $39.7 billion in assets under management (AUM), with the majority (95%) invested in equities. This includes services provided by its two registered investment advisers: GAMCO Asset Management Inc. (catering to institutional and private wealth management clients) and Gabelli Funds, LLC (focused on mutual funds). Additionally, G.distributors, LLC acts as the underwriter and distributor for their open-end funds, supporting marketing and distribution efforts.
Through GGZ, investors gain access to a diversified portfolio of high-potential small and mid-cap stocks, leveraging GAMCO's robust research and investment expertise. The Trust continually seeks to identify and invest in companies that are undervalued and possess catalysts for growth, thereby aiming to provide significant returns to its shareholders over the long term.
Gabelli Funds has released an educational video in The Closed-End Corner series focusing on Return of Capital (ROC) in relation to The GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT). The video explains how ROC, often viewed negatively, can actually be beneficial for investors.
Senior Vice President David Schachter discusses how previous tax-loss carryforwards can enhance GNT's distribution through tax-free return of capital. The fund currently distributes $0.04 per month, and notably, 88% of GNT's 2023 distribution was tax-free for taxable accounts.
Gabelli Funds announces its conference on Section 852(b)(6) scheduled for December 5, 2024, at The Paley Center in New York City. The event will explore important aspects of fund industry dynamics, focusing on tax implications for mutual funds and ETFs investors. Key topics include heartbeat trades, ETF tax alpha, and fund conversion trends.
The conference features three main sessions: ETF conversions, tax alpha discussions, and Section 852(b)(6) implications, with speakers from Practus LLP, Villanova University, Fordham University of Law, FactSet, and Bloomberg News. The event offers both in-person and virtual attendance options via Zoom.
The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) has announced a $0.16 per share cash distribution for the fourth quarter, payable on December 20, 2024, to shareholders of record as of December 13, 2024. The distribution composition is approximately 10% from net investment income, 41% from net capital gains, and 49% as return of capital. The Fund's Board of Trustees determines the quarterly distribution amount, considering factors such as net asset value and market conditions. The distribution policy may be modified, and distributions can be treated as long-term capital gain or qualified dividend income for tax purposes.
Gabelli Funds and Columbia Business School are set to host their 6th Annual Healthcare Symposium at the Paley Center in New York City on November 15th, 2024. The half-day event will feature three major panel discussions focusing on surgical robotics, data interoperability, and atrial fibrillation treatments.
The symposium brings together healthcare executives and physicians to explore current and future industry trends. The agenda includes breakfast at 8:15am, followed by panel discussions featuring experts like Jeff Jonas, Gretchen Jackson, Michael Bouton, and Elaine Wan, among others. The event concludes at 12:20 with closing remarks.
Gabelli Funds announces its 48th Annual Automotive Symposium scheduled for November 4-5, 2024, at the Encore at Wynn in Las Vegas. The two-day event features presentations from senior management of leading automotive and trucking companies, including OEM suppliers, retailers, aftermarket service providers, and next-gen tech companies focused on vehicle electrification.
The symposium provides a comprehensive 'cradle to grave' examination of the automotive ecosystem, featuring presentations from notable companies like AutoNation, AutoZone, Genuine Parts Company, and O'Reilly Automotive. The agenda includes a special keynote on the 'EVolving Landscape in Auto Repair' and concludes with a Gabelli Funds' Cocktail Reception.
Gabelli Funds is set to host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day event will feature presentations from senior management of leading automotive and trucking companies, offering investors insights into the industry's changing dynamics.
The symposium will cover a wide range of topics, including original equipment suppliers, automotive retailers, aftermarket service participants, and next-gen tech companies driving vehicle electrification. The agenda includes presentations from various companies such as NN, Inc., MP Materials Corp., Gentex , AutoNation, Inc., AutoZone, Inc., and Penske Automotive Group, Inc., among others.
The event aims to provide a comprehensive look at the automotive ecosystem and help investors understand 'What's Next?' for the industry. Registration is available online, and general inquiries can be directed to James Carey or Miles McQuillen at Gabelli Funds.
Gabelli Funds, and Columbia Business School are set to host the 6th Annual Healthcare Symposium on November 15th, 2024 at the Paley Center in New York City. This half-day event will feature leading healthcare executives and physicians discussing current and future industry trends.
The symposium agenda includes three main panels:
- Unlocking the Potential of Surgical Robotics
- Interoperability, Digital Transformation and Enhancing Patient Care
- Advances in Atrial Fibrillation Technology and Treatment
The event will begin with breakfast at 8:15am and conclude with closing remarks at 12:20pm. Attendees can register through the provided link. For general inquiries, contact Miles McQuillen at MMcQuillen@gabelli.com or 914-921-5112.
Gabelli Funds is set to host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day event will feature presentations from senior management of leading automotive and trucking companies, providing investors with insights into the industry's evolving dynamics.
The symposium will cover a comprehensive 'cradle to grave' look at the automotive ecosystem, including original equipment suppliers, automotive retailers, aftermarket service participants, and next-gen tech companies driving vehicle electrification. The event aims to help investors understand 'What's Next?' for the automotive space.
Presenting firms include notable companies such as AutoNation, AutoZone, CarParts.com, Dana Incorporated, Gentex , O'Reilly Automotive, and many others. For registration and inquiries, interested parties can contact James Carey or Miles McQuillen from Gabelli Funds.
Gabelli Funds is hosting its 2nd Annual PFAS Symposium on September 26, 2024, at The Harvard Club in New York City. The event will bring together experts, policymakers, and industry executives to discuss Per- and Polyfluoroalkyl Substances (PFAS), their uses, replacements, and remediation efforts in water treatment and other categories.
The symposium will feature company presentations, fireside chats, panel discussions, and one-on-one meetings. It aims to facilitate a comprehensive dialogue on the environmental and public health challenges posed by PFAS, which are widely used in industrial and commercial applications but raise concerns due to their toxicity and persistence in the environment.
The agenda includes presentations from various companies and organizations, including 374Water, Inc. (NASDAQ: SCWO), Arq, Inc. (NASDAQ: ARQ), the Environmental Protection Agency (EPA), and the National Association of Water Companies (NAWC), among others. The event will cover topics related to PFAS in water treatment, environmental products, and strategic initiatives in the field.
Gabelli Funds, is hosting its 2nd Annual PFAS Symposium on September 26, 2024, at The Harvard Club in New York City. This event will bring together experts, policymakers, and industry executives to discuss Per- and Polyfluoroalkyl Substances (PFAS), their uses, replacements, and remediation efforts in water treatment.
The symposium will feature company presentations, fireside chats, panel discussions, and one-on-one meetings. It aims to address the environmental and public health challenges posed by PFAS, which are widely used in industrial and commercial applications but raise concerns due to their toxicity and environmental persistence.
Participating companies include 374Water (SCWO), Arq (ARQ), Axine Water Technologies, BioLargo (BLGO), EcoBolt Water Systems, Essential Utilities (WTRG), Middlesex Water Company (MSEX), Minerals Technologies (MTX), PermaFix (PESI), SJW Group (SJW), and REGENESIS. Key speakers from the EPA and National Association of Water Companies will also be present.
FAQ
What is the current stock price of The Gabelli Global Small and Mid Cap Value Trust (GGZ)?
What is the market cap of The Gabelli Global Small and Mid Cap Value Trust (GGZ)?
What is The Gabelli Global Small and Mid Cap Value Trust (GGZ)?
What is the primary investment strategy of GGZ?
Who manages GGZ?
What types of securities does GGZ invest in?
How is GGZ related to GAMCO Investors?
What is the Private Market Value (PMV) with a Catalyst™ strategy?
What is the total assets under management (AUM) for GAMCO Investors?
How does GGZ aim to achieve long-term capital growth?
Who founded GAMCO Investors?
What is the role of G.distributors, LLC?
