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-0.00220136518771333 -0.00220136518771333 -0.00220136518771333 -0.00220136518771333 -0.00220136518771333 0 0.00511945392491472 0.00426621160409562
Stock impact report

Gabelli U.S. Treasury Money Market Fund Exceeds $5 Billion in Aum by Offering Tax-Advantaged Returns

Gabelli Global Small and Mid Cap Value Trust (The) Common Shares of Beneficial Interest (GGZ) 
Company Research Source: GlobeNewswire
GREENWICH, Conn., April 05, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC is proud to announce that the Gabelli U.S. Treasury Money Market Fund (the “Fund”) (NASDAQ: GABXX) exceeds $5 billion in assets under management. This achievement not only highlights the Fund's commitment to delivering a low cost money market strategy but also solidifies its standing as a top choice for shareholders seeking beneficial tax-advantaged returns. The Gabelli U.S. Treasury Money Market Fund is among the most attractive money market funds in its class. The quality of U.S. Treasury securities coupled with total expenses capped at 0.08% and the exemption from state and local income taxes of its dividends, translates into a competitive after-tax yield. The Fund has been expertly managed by Co-Portfolio Managers Judy Raneri and Ron Eaker for the past 32 years. The Gabelli U.S. Treasury Money Market Fund is managed by Gabelli Funds, LLC, a wholly owned subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI). Th Show less Read more
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