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Gabelli U.S. Treasury Money Market Fund Achieves Top Ranking by iMoneyNET™ (EPFR)
Globenewswire· 2025-05-21 12:27
Core Insights - Gabelli U.S. Treasury Money Market Fund has received two top honors from iMoneyNet, ranking 1 in the 100% U.S. Treasury Retail category and achieving the highest 12-month total return in the Government Retail category [1][2] - The Fund has $5.6 billion in assets under management, emphasizing its commitment to a low-cost, tax-efficient strategy focused on U.S. Treasury securities [1][3] - The Fund has been consistently ranked among the top in its category since its launch in 1992, managed by Co-Portfolio Managers Judith Raneri and Ronald Eaker for over 32 years [2] Fund Characteristics - The Gabelli U.S. Treasury Money Market Fund invests solely in U.S. Treasury securities, with expenses capped at 0.08% and tax-exempt dividends [3] - The Fund aims to provide a secure, liquid, and tax-efficient cash management solution for investors [3] Management Commentary - Judith Raneri highlighted that the Fund has been relied upon for safety, liquidity, and competitive yield, especially during market volatility [2] - Ron Eaker noted that the Fund's consistent performance reflects a disciplined investment strategy and a strong commitment to delivering a stable cash management solution [2]