Gabelli Enterprise Mergers & Acquisitions is hampered by a lack of structure in its allocation decisions and stock-selection criteria, which leads to an inconsistent risk profile over time. This prompts a downgrade of its Morningstar Analyst Rating to Negative across all share classes.
Will EMACX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EMACX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the EMACX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of EMACX’s parent organization’s priorities and whether they’re in line with investors’ interests.