The Fund Grade · free · no account needed

What grade does GABUX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

A

Fundprints Fund Grade · as of 2026-10-01

Gabelli Utilities Fd Class AAA

#42 of 500 graded active funds · blend · mid segment peer group

The point · specialist footprint

GABUX puts less of its book behind proven specialists than 61% of graded funds.

Bottom 20%

● Bottom 40%

Middle

Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.

10,000+ funds tracked · the graded specialists among them drive every read

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

GABUX vs the Honor Roll · share card ↗

Conviction exposure

18.9%

of the book in specialist-converged names

Late-stage weight

37.3%

of the book in Crowded or Fading names

Active share

94.7%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-20

Early Conviction
OKE 2.4%AES 2.4%XEL 1.7%+14 locked
Consensus
AEP 3.9%EVRG 3.7%WEC 3%+56 locked
Emerging
MLI 0.7%ATO 0.7%TDS 0.6%+8 locked
Crowded
NFG 7.5%MGEE 0.8%XYL 0.4%+7 locked
Fading
NEE 8%CEG 0.9%EXC 0.9%+30 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

GABUX earns an A grade and ranks 42 of 500 graded funds, with specialists holding nearly 19% of the portfolio. The early story here is AES and American Water Works, where proven specialists are building early positions. Watch the other side though, NEE at 8% and WEC are both Fading, meaning specialist money is already walking out the door.

→ Monitor NEE closely, it is the largest single holding and specialists are actively leaving that position.

→ AES and AWK are early conviction spots worth tracking as the clearest signals of where specialists see forward value.

Support leaving these positions

NEE 8% of the fund · Fading

NFG 7.5% of the fund · Crowded

CEG 0.9% of the fund · Fading

EXC 0.9% of the fund · Fading

MGEE 0.8% of the fund · Crowded

Where it's genuinely early

OKE 2.4% of the fund · Early Conviction

AES 2.4% of the fund · Early Conviction

XEL 1.7% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

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