Frank Fahrenkopf - Gabelli Dividend Independent Trustee
| GDV Fund | USD 22.58 0.15 0.67% |
Mr. Frank J. Fahrenkopf, Jr., is an Independent Trustee of The Gabelli Dividend Income Trust, since 2003. Mr. Fahrenkopf is the former President and Chief Executive Officer of the American Gaming Association, the trade group for the hotelcasino industry. He is a member of the Funds Audit Committee, a member of the Funds ad hoc Pricing Committee, and he serves on the boards of other funds in the Fund Complex. He is the CoChairman of the Commission on Presidential Debates, which is responsible for the widelyviewed Presidential debates during the quadrennial election cycle. Additionally, he serves as a board member of the International Republican Institute, which he founded in1984. He served for many years as Chairman of the Pacific Democrat Union and Vice Chairman of the International Democrat Union, a worldwide association of political parties from the United States, Great Britain, France, Germany, Canada, Japan, Australia, and twenty other nations. Prior to becoming the AGAs first chief executive in 1995, Mr. Fahrenkopf was a partner in the law firm of Hogan Hartson, where he chaired the International Trade Practice Group and specialized in regulatory, legislative, and corporate matters for multinational, foreign, and domestic clients. He also served as Chairman of the Republican National Committee for six years during Ronald Reagans presidency. Mr. Fahrenkopf is the former Chairman of the Finance Committee of the Culinary Institute of America and remains a member of the board. Additionally, he has over twenty years of experience as a member of the board of directors of a bank and still serves as a member of the Advisory Board of the bank
| Age | 80 |
| Tenure | 21 years |
| Phone | 914-921-5000 |
| Web | https://www.gabelli.com/Template/fundinfo.cfm?tid=NmYxNjA=&bid=YjZlMQ==&mid=MjhjMDg=&num=NmM0NjI=&kid=MWYxN2Q=&fid=NjY1YmM=&rid=411-=edoc_dnuf |
Gabelli Dividend Management Performance (%)
The company has Return on Asset of 0.26 % which means that on every $100 spent on assets, it made $0.26 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (13.63) %, meaning that it generated no profit with money invested by stockholders. Gabelli Dividend's management efficiency ratios could be used to measure how well Gabelli Dividend manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Showing other executives | One Year Return | ||
| Janey Ahn | Blackrock Multi Sector | 46 | |
| Jay Fife | BlackRock Floating Rate | 51 | |
| Robert Hubbard | Blackrock Debt Strategies | 63 | |
| Susan Sutherland | Eaton Vance Tax | 64 | |
| Charles Park | BlackRock Science Tech | 54 | |
| James Kirchner | Eaton Vance Tax | 54 | |
| Michael Castellano | Blackrock Multi Sector | 75 | |
| Robert Hubbard | BlackRock Floating Rate | 63 | |
| Charles Park | Blackrock Enhanced Capital | 54 | |
| Janey Ahn | BlackRock Floating Rate | 46 | |
| Robert Frenkel | Western Asset Emerging | 66 | |
| Henry Gabbay | Blackrock Enhanced Capital | 72 | |
| Jay Fife | BlackRock Science Tech | 51 | |
| Jane Freeman | Allspring Income Opportunities | 66 | |
| Michael Castellano | BlackRock Floating Rate | 75 | |
| Janey Ahn | Blackrock Debt Strategies | 46 | |
| Frank Fabozzi | Blackrock Multi Sector | 73 | |
| Frank Fabozzi | Blackrock Debt Strategies | 73 | |
| Charles Park | Blackrock Debt Strategies | 54 | |
| Janey Ahn | BlackRock Science Tech | 46 | |
| Jay Fife | Blackrock Debt Strategies | 51 | |
Management Performance
| Return On Equity | -13.63 | ||||
| Return On Asset | 0.26 |
Gabelli Dividend Income Leadership Team
Elected by the shareholders, the Gabelli Dividend's board of directors comprises two types of representatives: Gabelli Dividend inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gabelli. The board's role is to monitor Gabelli Dividend's management team and ensure that shareholders' interests are well served. Gabelli Dividend's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gabelli Dividend's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bruce Alpert, President Acting Chief Compliance Officer | ||
| Laurissa Martire, Vice President and Ombudsman | ||
| Salvatore Zizza, Independent Trustee | ||
| Kuni Nakamura, Independent Trustee | ||
| Mario Gabelli, Chairman of the Board of Trustees, Chief Investment Officer | ||
| Elizabeth Bogan, Independent Trustee | ||
| David Schachter, Vice President | ||
| Michael Melarkey, Independent Trustee | ||
| Agnes Mullady, President of the Open-End Fund Division and COO of the Open-End Fund Division | ||
| Peter Goldstein, Vice President Secretary | ||
| Richard Walz, Chief Compliance Officer | ||
| Daniel Plourde, Vice President | ||
| Edward Tokar, Trustee | ||
| Frank Fahrenkopf, Independent Trustee | ||
| Carter Austin, VP and VP of the Gabelli Funds LLC | ||
| James Conn, Lead Independent Trustee | ||
| Andrea Mango, Secretary and Vice President | ||
| Anthonie Ekris, Independent Trustee | ||
| Salvatore Salibello, Independent Trustee | ||
| Anthony Colavita, Independent Trustee | ||
| John Ball, Treasurer, Principal Financial and Accounting Officer | ||
| Susan Watson, Independent Trustee |
Gabelli Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Gabelli Dividend a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -13.63 | ||||
| Return On Asset | 0.26 | ||||
| Operating Margin | 26.29 % | ||||
| Current Valuation | 2.16 B | ||||
| Shares Outstanding | 90.41 M | ||||
| Shares Owned By Insiders | 0.19 % | ||||
| Shares Owned By Institutions | 23.88 % | ||||
| Number Of Shares Shorted | 15.25 K | ||||
| Price To Earning | 10.54 X | ||||
| Price To Book | 0.86 X |
Pair Trading with Gabelli Dividend
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gabelli Dividend position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gabelli Dividend will appreciate offsetting losses from the drop in the long position's value.Moving together with Gabelli Fund
| 0.76 | UTG | Reaves Utility If | PairCorr |
| 0.73 | BTO | John Hancock Financial | PairCorr |
The ability to find closely correlated positions to Gabelli Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gabelli Dividend when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gabelli Dividend - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gabelli Dividend Income to buy it.
The correlation of Gabelli Dividend is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gabelli Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gabelli Dividend Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gabelli Dividend can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli Dividend Income. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Gabelli Dividend Income information on this page should be used as a complementary analysis to other Gabelli Dividend's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.