The Gabelli ABC Fund

Event-driven arbitrage strategy investing in announced mergers, spin-offs, split-ups, liquidations, reorganizations, and other non-market-correlated opportunities.$426M AUM3 published ideas

The Gabelli ABC Fund seeks attractive total returns across market conditions without excessive risk of capital loss. It focuses on announced corporate events and may hold significant Treasury-bill exposure while waiting for opportunities.

www.gabelli.com ↗

Ideas from The Gabelli ABC Fund

LongCPRXJun 2026

Catalyst Pharmaceuticals Inc.

Angelini Pharma agreed to acquire Catalyst Pharmaceuticals for $31.50 per share in cash. U.S. antitrust approval had already been received and shareholders approved the…

LongGBTGJun 2026

Global Business Travel Group Inc.

Long Lake Management agreed to acquire Global Business Travel Group for $9.50 per share in cash. The transaction still required shareholder and regulatory approvals at the time…

LongTMHCJun 2026

Taylor Morrison Home Corp.

Berkshire Hathaway agreed to acquire Taylor Morrison for $72.50 per share in cash. U.S. antitrust approval had already been received, leaving shareholder approval and closing…

Letters covered

  • Gabelli Funds Shareholder Commentary - Open-End FundsJune 30, 2026

Source PDFs are not republished here; only extracted ideas and quotes.