Gabelli Global Small and Mid Cap Value Closed Fund Net Assets
Gabelli Global Small and Mid Cap Value Closed Fund net assets. Based on the latest financial reports, Gabelli Global Small and Mid Cap Value Closed Fund (GGZ) has net assets worth $124.87 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($141.16 Million) and total liabilities ($16.29 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore GGZ net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $124.87 Million |
| % of Total Assets | 88.46% |
| Annual Growth Rate | 1.7% |
| 5-Year Change | -30.89% |
| 10-Year Change | 16.9% |
| Growth Volatility | 20.93 |
Net Assets of Gabelli Global Small and Mid Cap Value Closed Fund (2014–2024)
Net assets of Gabelli Global Small and Mid Cap Value Closed Fund from 2014 to 2024. This chart illustrates how Gabelli Global Small and Mid Cap Value Closed Fund's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Gabelli Global Small and Mid Cap Value C to measure how much of total assets are equity-financed.
Annual Net Assets for Gabelli Global Small and Mid Cap Value Closed Fund (2014–2024)
The table below shows the annual net assets of Gabelli Global Small and Mid Cap Value Closed Fund from 2014 to 2024. For live market cap and overall valuation, see GGZ market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $115.89 Million | -0.52% |
| 2023-12-31 | $116.50 Million | +0.33% |
| 2022-12-31 | $116.11 Million | -38.37% |
| 2021-12-31 | $188.41 Million | +12.36% |
| 2020-12-31 | $167.68 Million | +3.90% |
| 2019-12-31 | $161.39 Million | +7.34% |
| 2018-12-31 | $150.35 Million | -16.90% |
| 2017-12-31 | $180.93 Million | +41.40% |
| 2016-12-31 | $127.96 Million | +29.07% |
| 2015-12-31 | $99.14 Million | +1.26% |
| 2014-12-31 | $97.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gabelli Global Small and Mid Cap Value Closed Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2899721000.0% over the analyzed period, indicating profitable operations and earnings retention.
Gabelli Global Small and Mid Cap Value Closed Fund Net Assets Breakdown (December 2024)
Gabelli Global Small and Mid Cap Value Closed Fund net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $29.00 Million | 25.02% |
| Common Stock | $86.89 Million | 74.98% |
| Total Equity | $115.89 Million | 100.00% |
Gabelli Global Small and Mid Cap Value Closed Fund Competitors by Market Cap
The table below lists competitors of Gabelli Global Small and Mid Cap Value Closed Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sebo Manufacturing Engineering & Construction Corp
KQ:011560
|
$118.55 Million |
|
Vaxart Inc
NASDAQ:VXRT
|
$118.57 Million |
|
Draganfly Inc
NASDAQ:DPRO
|
$118.69 Million |
|
Corpovael S.A.B. de C.V
MX:CADUA
|
$118.73 Million |
|
Khonburi Sugar Public Company Limited
BK:KBS
|
$118.43 Million |
|
Asefa Public Company Limited
BK:ASEFA
|
$118.41 Million |
|
AOPEN Inc
TW:3046
|
$118.39 Million |
|
Ugro Capital Limited
NSE:UGROCAP
|
$118.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gabelli Global Small and Mid Cap Value Closed Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 116,495,986 to 115,891,042, a change of -604,944 (-0.5%).
- Net income of 7,672,275 contributed positively to equity growth.
- Dividend payments of 5,283,275 reduced retained earnings.
- Share repurchases of 2,938,399 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.67 Million | +6.62% |
| Dividends Paid | $5.28 Million | -4.56% |
| Share Repurchases | $2.94 Million | -2.54% |
| Other Changes | $-55.55K | -0.05% |
| Total Change | $- | -0.52% |
Book Value vs Market Value Analysis
This analysis compares Gabelli Global Small and Mid Cap Value Closed Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.31x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $11.46 | $14.98 | x |
| 2015-12-31 | $11.79 | $14.98 | x |
| 2016-12-31 | $15.85 | $14.98 | x |
| 2017-12-31 | $24.70 | $14.98 | x |
| 2018-12-31 | $13.98 | $14.98 | x |
| 2019-12-31 | $18.23 | $14.98 | x |
| 2020-12-31 | $21.25 | $14.98 | x |
| 2021-12-31 | $22.04 | $14.98 | x |
| 2022-12-31 | $12.87 | $14.98 | x |
| 2023-12-31 | $13.77 | $14.98 | x |
| 2024-12-31 | $14.05 | $14.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gabelli Global Small and Mid Cap Value Closed Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 112.91%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.14x
- Recent ROE (6.62%) is above the historical average (2.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -1.22% | -495.83% | 0.00x | 1.02x | $-10.98 Million |
| 2015 | 2.60% | 114.74% | 0.02x | 1.01x | $-7.33 Million |
| 2016 | 4.21% | 306.97% | 0.01x | 1.02x | $-7.41 Million |
| 2017 | 14.39% | 97.95% | 0.15x | 1.00x | $7.94 Million |
| 2018 | -14.50% | 0.00% | -0.13x | 1.05x | $-36.84 Million |
| 2019 | 12.64% | 96.94% | 0.13x | 1.02x | $4.26 Million |
| 2020 | 10.72% | 96.65% | 0.11x | 1.02x | $1.20 Million |
| 2021 | 17.88% | 98.29% | 0.15x | 1.23x | $14.85 Million |
| 2022 | -29.52% | 0.00% | -0.22x | 1.28x | $-45.89 Million |
| 2023 | 8.57% | 152.97% | 0.05x | 1.14x | $-1.67 Million |
| 2024 | 6.62% | 112.91% | 0.05x | 1.14x | $-3.92 Million |
Industry Comparison
This section compares Gabelli Global Small and Mid Cap Value Closed Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $562,042,612
- Average return on equity (ROE) among peers: -34.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gabelli Global Small and Mid Cap Value Closed Fund (GGZ) | $124.87 Million | -1.22% | 0.13x | $118.52 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $3.22 Billion |
| AllianceBernstein Holding L.P. (AB) | $214.00 Million | 32.52% | 1.62x | $3.10 Billion |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $134.47 Million | -29.02% | 0.04x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $320.05 Million | 6.55% | 0.46x | $71.46 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $194.14 Million |
| Alpha Compute Corp (ALP) | $106.97K | -295.88% | 0.61x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $17.85 Million | -32.96% | 4.15x | $239.77 Million |
| Amber International Holding Limited (AMBR) | $64.96 Million | -42.65% | 0.67x | $144.90 Million |
| Affiliated Managers Group, Inc. (AMG) | $4.38 Billion | 12.90% | 1.02x | $9.59 Billion |
About Gabelli Global Small and Mid Cap Value Closed Fund
The Gabelli Global Small and Mid Cap Value Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in value stocks of small and mid-cap companies with a market capit… Read more