GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.05 Per Share
Gabelli Multimedia Trust Reaffirms Its 10% Distribution Policy and Declares Fourth Quarter Distribution of $0.17 Per Share
Gabelli Global Small and Mid Cap Value Trust Announces Year-End Distribution Dates
After reviewing Gamco Investors' GBL fourth-quarter results, reported Wednesday, we're likely to leave our fair value estimate unchanged. Revenue rose 14% from the year-ago quarter, thanks to strong absolute returns in the company's various investment strategies as well as a brisk market tailwind. ...
Associated Capital Group, Inc. Reports Third Quarter Results
Volatility could return to the financial sector in the second half of 2013.
Poor investment performance and rising interest rates have exposed weaknesses in several asset managers.
Artisan to close Artisan Small Cap to new investors, Putnam fixed-income manager Daniel Choquette departs, and Praxis adds comanagers to its allocation and index funds. Also, Mario Gabelli makes a very large gift to his alma mater.
The financial sector is fully valued despite global uncertainties.
These three funds have received top marks.