GLDIX

About GLDIX

Gabelli Gold Fund, Inc. Class I is an actively managed mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of both domestic and international companies engaged in gold-related activities, including gold mining and exploration. The fund typically allocates at least 80% of its net assets to these gold-focused equities, providing investors targeted exposure to the precious metals sector. It emphasizes holdings in firms with strong management teams, solid financials, and long-life, low-cost mining operations, thereby seeking to capitalize on opportunities within the global gold industry. A significant portion of the fund’s assets is invested in foreign issuers, reflecting the international nature of gold production. Managed by a specialized team with deep sector expertise, the fund aims to offer portfolio diversification and potential inflation protection, as gold historically demonstrates low correlation with traditional equities and fixed income. Its sector concentration in precious metals and mining makes it a specialized vehicle for those seeking focused access to gold-related equities in the financial market.