Gabelli Small Cap Growth Fund (The)

GABSX · NASDAQ

Market closed$51.14$-0.510000 (-0.99%)

Key statistics

Previous close$51.65
Open$51.14
Day high$51.14
Day low$51.14
52-week high$52.76
52-week low$42.34
Market cap1.92B
Volume
Average volume
P/E ratio
Forward P/E
EPS
Dividend yield0.00%

Market context

Why it moved

GABSX edged lower amid broad market softness and thin trading volume, with no specific catalysts driving the modest decline in this value-oriented fund.

What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026Gabelli Small Cap Growth Fund edged slightly lower as the broader financial services sector navigates a mixed backdrop: strong Q2 earnings from major Wall Street banks — including Goldman Sachs, BlackRock, JPMorgan, and Bank of America — lifted financial stocks broadly, though Morningstar notes the sector has underperformed the wider market over the past year amid AI disruption fears and cracks in private credit. The fund, which focuses on small-cap equities, is trading against a constructive macro backdrop of cooler June CPI (3.5% vs. 3.8% expected) and Fed Chair Warsh's reassuring comments on economic resilience, though rising oil prices tied to escalating U.S.-Iran tensions temper near-term optimism.

-0.432

July 10, 2026Gabelli Small Cap Growth Fund edged higher, outperforming the broader financial services sector as XLF traded under pressure amid ongoing US-Iran geopolitical tensions weighing on sentiment. The S&P 500 is trading near 52-week highs, providing a constructive backdrop for small-cap equity exposure, while investors in the asset management space are closely watching the approaching Q2 earnings season — with major banks set to report next week and alternative managers like Ares Management scheduling earnings calls for late July.

0.9145

July 8, 2026Gabelli Small Cap Growth Fund declined as broad risk-off sentiment swept markets after President Trump declared the U.S.-Iran peace framework 'over,' sending oil surging over 5% and triggering a flight from equities. The financial services sector, tracked by XLF, also retreated amid rising Treasury yields and geopolitical uncertainty, compounding pressure on asset managers with small-cap equity exposure particularly sensitive to macro-driven volatility.

-1.6435

June 25, 2026Gabelli Small Cap Growth Fund gained sharply, touching a new 52-week high of $52.71, as small-cap equities broadly benefited from a relief rally following Micron Technology's blowout earnings and Qualcomm's raised guidance, which helped restore risk appetite after the prior session's tech-driven selloff. The fund's outperformance aligns with renewed investor interest in small-cap growth names, while the broader financial sector (XLF) pulled back from its daily high, suggesting GABSX's move was driven more by renewed appetite for small-cap risk than sector-specific tailwinds.

2.7285

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