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

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.

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Gabelli Funds, LLC - 5th Annual Healthcare Symposium with Columbia Business School to discuss trends in the healthcare industry, including primary care practices, regenerative medicine, and Medicare Advantage. Leading healthcare executives and physicians will participate. Event details: November 17th, 2023, at the Paley Center, New York City. Contact Miles McQuillen for inquiries.
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Gabelli Funds, LLC - 5th Annual Healthcare Symposium with Columbia Business School to Discuss Industry Trends. The symposium will focus on primary care practices, regenerative medicine, and Medicare Advantage. Leading healthcare executives and physicians will participate. Hosted at the Paley Center, New York City, on November 17th, 2023.
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Gabelli Funds to host 5th Annual Healthcare Symposium with Columbia Business School
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Gabelli Funds to host the 47th Annual Auto Symposium in Las Vegas
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Gabelli Funds is hosting a PFAS Symposium on September 28, 2023, focusing on PFAS uses, replacements, and remediation. Leading companies in waste and disposal services, water utilities, testing, and remediation will present. In-person attendees can meet with management.
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Gabelli Funds to host 47th Annual Automotive Symposium on Oct 30-31, 2023 in Las Vegas, featuring presentations by senior managements of leading automotive and trucking companies.
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Gabelli Funds hosting Aerospace & Defense Symposium, focusing on strong demand outlook, high barriers to entry, large aftermarket opportunity, growth exceeding GDP, defense spending, and M&A potential. Attendees will meet management. No specific positive or negative business takes mentioned.
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The Gabelli Global Small and Mid Cap Value Trust (GGZ) declared a $0.16 per share cash distribution payable on September 22, 2023 to common shareholders of record on September 15, 2023.
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The Gabelli Global Utility & Income Trust announces an increase in annual dividend rate on Series B Preferred shares to 5.20%, effective September 26, 2023. Additional put date approved on December 26, 2024. Series B Preferred becomes perpetual after December 26, 2024. Shares trade on NYSE American under symbol GLU Pr B.
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Gabelli Funds is hosting a PFAS Symposium on September 28, 2023, at the Harvard Club in New York City. The symposium will focus on issues surrounding PFAS uses, replacements, and remediation. It will feature presentations from leading companies in waste and disposal services, water utilities, testing, and remediation. Attendees will have the opportunity to meet with management in a one-on-one setting.
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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 $12.14 as of December 20, 2024.

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 99.9M.

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

GGZ Rankings

GGZ Stock Data

99.93M
8.35M
30.74%
26.53%
0.07%
Asset Management
Financial Services
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United States of America
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