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The Gabelli Global Small and Mid Cap Value Trust - GGZ STOCK NEWS

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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.

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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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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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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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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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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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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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Gabelli Funds to Host 15th Annual Specialty Chemical Symposium on March 14, 2024, in New York. Event to Focus on Pricing Power, Margin Recovery, and Global Supply Chain Trends.
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The Gabelli Global Small and Mid Cap Value Trust (GGZ) declares a $0.16 per share cash distribution payable on March 21, 2024, with quarterly distributions determined by the Board of Trustees. The Fund may pay an adjusting distribution in December based on additional income and net realized capital gains. Shareholders should be aware of tax implications and the possibility of return of capital if earnings are insufficient.
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Gabelli Funds is hosting a Pump, Valve & Water Systems Symposium at the Yale Club in New York City on February 22, 2024. The symposium will focus on infrastructure spending, resource security, conservation, and M&A in the industry. Attendees will have the opportunity to engage in one-on-one sessions with management to learn about the strategies and growth prospects of the companies involved.
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GGZ - The Gabelli Global Small and Mid Cap Value Trust Declares $0.16 Per Share Cash Distribution. The Fund intends to pay a quarterly distribution determined by the Board of Trustees. It may pay an adjusting distribution in December, including additional income and net realized capital gains. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
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FAQ

What is the current stock price of The Gabelli Global Small and Mid Cap Value Trust (GGZ)?

The current stock price of The Gabelli Global Small and Mid Cap Value Trust (GGZ) is $12.27 as of January 29, 2025.

What is the market cap of The Gabelli Global Small and Mid Cap Value Trust (GGZ)?

The market cap of The Gabelli Global Small and Mid Cap Value Trust (GGZ) is approximately 95.9M.

What is The Gabelli Global Small and Mid Cap Value Trust (GGZ)?

GGZ is a diversified closed-ended investment company focused on long-term capital growth by investing in equity securities of small and mid-cap companies globally.

What is the primary investment strategy of GGZ?

GGZ employs GAMCO Investors' proprietary Private Market Value (PMV) with a Catalyst™ strategy to identify undervalued stocks with growth potential.

Who manages GGZ?

GGZ is managed by GAMCO Investors, Inc., a firm recognized for its research-driven approach to equity investing.

What types of securities does GGZ invest in?

GGZ invests in a variety of equity securities, including common and preferred stocks of small and mid-cap companies.

How is GGZ related to GAMCO Investors?

GGZ is one of the investment trusts managed by GAMCO Investors, leveraging its research and investment expertise.

What is the Private Market Value (PMV) with a Catalyst™ strategy?

It is a proprietary investment strategy by GAMCO that identifies stocks trading below their intrinsic value with potential catalysts for value realization.

What is the total assets under management (AUM) for GAMCO Investors?

As of December 31, 2016, GAMCO Investors manages $39.7 billion in assets.

How does GGZ aim to achieve long-term capital growth?

GGZ aims to achieve long-term capital growth by investing in undervalued small and mid-cap stocks with significant growth potential and catalysts for value realization.

Who founded GAMCO Investors?

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

What is the role of G.distributors, LLC?

G.distributors, LLC acts as the underwriter and distributor for GAMCO's open-end funds, supporting their marketing and distribution efforts.
The Gabelli Global Small and Mid Cap Value Trust

OTC:GGZ

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GGZ Stock Data

95.89M
8.35M
30.74%
26.53%
0.07%
Asset Management
Financial Services
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United States of America
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