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Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) 12-1 Month Momentum %

: 5.85% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), Gabelli Dividend &ome Trust's 12-1 Month Momentum % is 5.85%.

The industry rank for Gabelli Dividend &ome Trust's 12-1 Month Momentum % or its related term are showing as below:

GDV's 12-1 Month Momentum % is ranked better than
64.39% of 1744 companies
in the Asset Management industry
Industry Median: 0.505 vs GDV: 5.85

Competitive Comparison

For the Asset Management subindustry, Gabelli Dividend &ome Trust's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gabelli Dividend &ome Trust 12-1 Month Momentum % Distribution

For the Asset Management industry and Financial Services sector, Gabelli Dividend &ome Trust's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Gabelli Dividend &ome Trust's 12-1 Month Momentum % falls into.



Gabelli Dividend &ome Trust  (NYSE:GDV) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gabelli Dividend &ome Trust  (NYSE:GDV) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Gabelli Dividend &ome Trust 12-1 Month Momentum % Related Terms

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Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Dividend & Income Trust operates as a diversified closed-end management investment company. The fund's investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. To achieve its objective, the fund may invest 80% of its assets in dividend-paying securities or other income-producing securities. The fund invests in various sectors, in which Financial Services, Food & Beverage, Health Care, Consumer Products, Electronics and Computer Software & Services accounts for the majority weightage.
Executives
Mario J Gabelli director, officer: Chief Financial Officer 191 MASON STREET, GREENWICH CT 06830
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Christina A. Peeney director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Susan Virginia Watson director C/O INTERPUBLIC GROUP OF COMPANIES, 1271 AVE OF AMERICAS 44TH FLOOR, NEW YORK NY 10019
James P Conn director
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255

Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Headlines

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