Gabelli Gold Fund, Inc. Class AAA (GOLDX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Rye, NY, United States.
GOLDX has IPO date of 1994-07-11, listed on the NASDAQ, a market capitalization of $806.6M.
The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of foreign and domestic issuers principally engaged in gold related activities and gold bullion. The adviser focuses on stocks that are undervalued, but which appear to have favorable prospects for growth. Because most of the world's gold production is outside of the United States, the advisor expects that a significant portion of the fund's assets may be invested in securities of foreign issuers, including those located in emerging markets.
