Fees and Expenses - COMSTOCK CAPITAL VALUE FUND
|
Apr. 30, 2025
USD ($)
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Prospectus [Line Items] |
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Expense Heading [Optional Text] |
Fees and Expenses of the Fund:
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Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as
brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and example below. You
may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000
in the Fund’s Class A shares. More information about these and other discounts is available from your
financial professional and in the section entitled, “Classes of Shares” on page 19 of the prospectus, and in Appendix
A, “Sales Charge Reductions and Waivers Available through Certain Intermediaries,” attached to the
prospectus.
|
Expense Breakpoint Discounts [Text] |
You
may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000
in the Fund’s Class A shares.
|
Expense Breakpoint, Minimum Investment Required [Amount] |
$ 50,000
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Shareholder Fees Caption [Optional Text] |
Shareholder Fees (fees paid directly from your investment):
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Shareholder Fees [Table] |
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Class AAA |
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Class A |
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Class C |
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Class I |
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Shares |
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Shares |
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Shares |
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Shares |
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Shareholder Fees (fees paid directly from your investment): |
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Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
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None |
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5.75 |
% |
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None |
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None |
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Maximum Deferred Sales Charge (Load) (as a percentage of redemption or offering price, whichever is lower) |
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None |
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None |
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1.00 |
% |
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None |
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Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested) |
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None |
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None |
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None |
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None |
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Redemption Fees (as a percentage of amount redeemed for shares held 7 days or less) |
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2.00 |
% |
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2.00 |
% |
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2.00 |
% |
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2.00 |
% |
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Exchange Fee |
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None |
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None |
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None |
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None |
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Operating Expenses Caption [Optional Text] |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
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Annual Fund Operating Expenses [Table] |
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Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment): |
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Management Fees |
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1.00 |
% |
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1.00 |
% |
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1.00 |
% |
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1.00 |
% |
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Distribution (Rule 12b-1) Fees |
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0.25 |
% |
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0.25 |
% |
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1.00 |
% |
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None |
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Other Expenses |
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4.11 |
% |
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4.11 |
% |
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4.10 |
% |
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4.11 |
% |
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Acquired Fund Fees and Expenses |
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0.01 |
% |
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0.01 |
% |
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0.01 |
% |
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0.01 |
% |
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Total Annual Fund Operating Expenses |
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5.37 |
% |
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5.37 |
% |
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6.11 |
% |
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5.12 |
% |
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Less Fee Waivers and/or Expense Reimbursement(1) |
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(5.36 |
)% |
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(5.36 |
)% |
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(6.10 |
)% |
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(5.11 |
)% |
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Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement(1) |
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0.01 |
% |
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0.01 |
% |
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0.01 |
% |
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0.01 |
% |
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| (1) |
Gabelli Funds, LLC (the “Adviser”) has contractually agreed to waive its investment advisory fees and/or to reimburse expenses of the Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at an annual rate of 0.00% for all classes of shares, on the first $25 million in Fund net assets. Under this same arrangement, the Fund has also agreed, during the three year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the Fund’s Total Annual Fund Operating Expenses would not exceed an annual rate of 0.00% for the applicable class of shares, after giving effect to the repayments. This arrangement is in effect through April 30, 2026, and may be terminated only by the Board of Directors of the Company before such time. Any waivers and/or reimbursements made by the Adviser are subject to recoupment from the Fund for a period not to exceed three years after the occurrence of the waiver and/or reimbursement, provided that the Fund may only make repayments to the Adviser if such repayment does not cause the Fund’s expense ratio (after the repayment is taken into account) to exceed either: (1) the expense cap in place at the time such amounts were waived or reimbursed, as applicable; or (2) the Fund’s current expense cap. |
|
Expense Example [Heading] |
Expense Example
|
Expense Example Narrative [Text Block] |
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
The example assumes you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
|
Expense Example, With Redemption [Table] |
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1 Year |
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3 Years |
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5 Years |
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10 Years |
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Class AAA Shares |
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|
$ |
1 |
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$ |
1,123 |
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$ |
2,237 |
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$ |
4,987 |
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Class A Shares |
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|
$ |
576 |
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$ |
1,633 |
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|
$ |
2,683 |
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|
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|
$ |
5,273 |
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Class C Shares |
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|
$ |
101 |
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|
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$ |
1,268 |
|
|
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$ |
2,507 |
|
|
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|
$ |
5,487 |
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Class I Shares |
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|
$ |
1 |
|
|
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|
$ |
1,073 |
|
|
|
|
$ |
2,142 |
|
|
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|
$ |
4,806 |
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Expense Example, No Redemption Narrative [Text Block] |
You would pay the following expenses if you did not redeem your shares of the Fund:
|
Expense Example, No Redemption [Table] |
|
|
1 Year |
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3 Years |
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5 Years |
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|
10 Years |
|
Class AAA Shares |
|
|
$ |
1 |
|
|
|
|
$ |
1,123 |
|
|
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$ |
2,237 |
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$ |
4,987 |
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|
Class A Shares |
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|
$ |
576 |
|
|
|
|
$ |
1,633 |
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|
|
|
$ |
2,683 |
|
|
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|
$ |
5,273 |
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|
Class C Shares |
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|
$ |
1 |
|
|
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|
$ |
1,268 |
|
|
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|
$ |
2,507 |
|
|
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|
$ |
5,487 |
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|
Class I Shares |
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|
$ |
1 |
|
|
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|
$ |
1,073 |
|
|
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|
$ |
2,142 |
|
|
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|
$ |
4,806 |
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|
Portfolio Turnover [Heading] |
Portfolio Turnover
|
Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the Fund’s shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 133% of the average value of its portfolio.
|
Portfolio Turnover, Rate |
133.00%
|