What performance benchmarks do Gabelli & GAMCO Funds use?

Gabelli & GAMCO Funds typically use a variety of performance benchmarks, which are selected based on the investment strategy of specific funds. Common benchmarks include indices that represent the asset classes in which the funds invest. For example, equity funds may use benchmarks such as the S&P 500 or the Russell 2000, while fixed income funds might compare performance to the Bloomberg Barclays U.S. Aggregate Bond Index. Additionally, these funds often emphasize long-term performance and may also compare themselves to relevant peer groups. It is important to note that a fund's prospectus will usually outline the specific benchmarks used, as well as the rationale for their selection. By using these benchmarks, investors can evaluate how a fund is performing relative to the broader market. For the most current information on specific funds and their performance benchmarks, it is advisable to check the Gabelli website or the fund's official documents.