Gabelli Merger Plus+ Trust Plc

Name
Gabelli Merger Plus+ Trust Plc
Manager
Cantor Fitzgerald Europe
Type
Closed Ended Investment Company
ISIN
GB00BD8P0741
Sector
Hedge Funds
Launched
19/07/2017
OCF
1.26 %
Yield
4.9 %
Fund Size
£ 93.52 million
NAV
10
Gearing
100
Discount Premium
-6
The primary investment objective is to seek to generate total return, consisting of capital appreciation and current income. The Company will seek a secondary objective of the protection of capital, uncorrelated to equity and fixed income markets. The Company will seek to meet its investment objective by utilizing the Gabelli Private Market Value (PMV) with a CatalystTM, investment methodology, maintaining a diversified portfolio of catalyst event merger arbitrage strategies to seek to create an optimal risk/reward profile for the portfolio. The Company will invest globally although it is expected to have an emphasis on securities traded in the US, predominantly equity securities issued by companies of any market cap.
Holding %
United States Treasury Bills 9.92 %
Shire PLC ADR 6.40 %
United States Treasury Bills 5.53 %
Twenty-First Century Fox Inc Class B 5.25 %
Red Hat Inc 5.14 %
United States Treasury Bills 4.42 %
Vectren Corp 4.37 %
Altaba Inc 3.95 %
Cigna Corp 3.59 %
Cigna Corp 3.59 %
Region %
United States 80.23 %
United Kingdom 6.19 %
Eurozone 5.73 %
Sector %
Technology 30.79 %
Healthcare 20.27 %
Consumer Cyclical 16.31 %
Financial Services 10.63 %
Industrials 7.33 %
Utilities 6.76 %
Basic materials 5.65 %
Name
Cantor Fitzgerald Europe
Address
E14 5RB, London, United Kingdom
Legal Structure
Closed Ended Investment Company

Managers

Ralph Rocco
Joined 07/19/2017
Marc Gabelli
Joined 07/19/2017

Gabelli is a managing director with Gabelli Funds, Inc., his employer since 1993. Previously, he was with Lehman Bothers for three years and with Balfour Maclaine.

Mario Gabelli
Joined 07/19/2017

Mario Gabelli is the Founder, Chairman and Chief Investment Officer. Mr. Gabelli is one of the most respected investors in the United States and is a leading proponent of value investing. His proprietary Private Market Value with a Catalyst™ methodology has become an analytical standard in the value investing community. He holds an MBA from Columbia University Graduate School of Business, and is a summa cum laude BS graduate from Fordham University. Mr. Gabelli is a Chartered Financial Analyst. He is a member of the board of overseers of Columbia University Graduate School of Business.

Robert Leininger
Joined 07/19/2017

Robert D. Leininger, CFA, joined GBL in 1993 as a security analyst. Mr. Leininger moved to Rorer Asset Management LLC in Philadelphia in 1997, where he was a partner in the firm and member of the investment policy committee. In August 2009, he joined Copeland Capital Management as a partner and portfolio manager before rejoining GBL in 2010 where he currently serves as a portfolio manager for the Adviser and on GAMCO’s institutional and high net worth separate accounts team. He is a member of the Financial Analyst Society of Philadelphia. Mr. Leininger is a magna cum laude graduate of Amherst College with a degree in Economics and holds an MBA from the Wharton School at the University of Pennsylvania.

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