Anthony Colavita - Gabelli Dividend Independent Trustee

GDV Fund  USD 25.59  0.29  1.15%   
Anthony Colavita is Fund Manager at Gabelli Dividend Income
Mr. Anthony J. Colavita is an Independent Trustee of The Gabelli Dividend Income Trust, since 2003. Mr. Colavita is a practicing attorney with over fifty years of experience, including the field of business and financial law. He is the Chairman of the Funds Nominating Committee and is a member of the Funds Audit Committee. Mr. Colavita also serves on comparable or other board committees with respect to other funds in the Fund Complex on whose boards he sits. He served as a Commissioner of the New York State Thruway Authority and as a Commissioner of the New York State Bridge Authority, where his duties included reviewing financial documents of these agencies. He served for eleven years as the elected Supervisor of the Town of Eastchester, New York, responsible for ten annual municipal budgets of approximately eight million dollars each. Mr. Colavita also served as Special Counsel to the New York State Assembly for five years and as a Senior Attorney with the New York State Insurance Department. He is the former Chairman of the New York State Republican Party, the Westchester County Republican Party, and the Eastchester Republican Town Committee
Age 58
Tenure 3 years
Phone914-921-5000
Webhttps://www.gabelli.com/Template/fundinfo.cfm?tid=NmYxNjA=&bid=YjZlMQ==&mid=MjhjMDg=&num=NmM0NjI=&kid=MWYxN2Q=&fid=NjY1YmM=&rid=411-=edoc_dnuf
Colavita received his Bachelor of Arts from Fairfield University and his Juris Doctor from Fordham University School of Law.

Anthony Colavita Latest Insider Activity

Tracking and analyzing the buying and selling activities of Anthony Colavita against Gabelli Dividend fund is an integral part of due diligence when investing in Gabelli Dividend. Anthony Colavita insider activity provides valuable insight into whether Gabelli Dividend is net buyers or sellers over its current business cycle. Note, Gabelli Dividend insiders must abide by specific rules, including filing SEC forms every time they buy or sell Gabelli Dividend'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Gabelli Dividend Management Performance (%)

The company has Return on Asset of 0.26 % which means that on every $100 spent on assets, it made $0.26 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (13.63) %, meaning that it generated no profit with money invested by stockholders. Gabelli Dividend's management efficiency ratios could be used to measure how well Gabelli Dividend manages its routine affairs as well as how well it operates its assets and liabilities.
Gabelli Dividend Income has 145.1 M in debt with debt to equity (D/E) ratio of 0.06, which may show that the company is not taking advantage of profits from borrowing. Gabelli Dividend Income has a current ratio of 1.66, which is typical for the industry and considered as normal. Debt can assist Gabelli Dividend until it has trouble settling it off, either with new capital or with free cash flow. So, Gabelli Dividend's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gabelli Dividend Income sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gabelli to invest in growth at high rates of return. When we think about Gabelli Dividend's use of debt, we should always consider it together with cash and equity.

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The Gabelli Dividend Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. Gabelli Dividend Income Trust was formed on November 28, 2003 and is domiciled in the United States. Gabelli Dividend operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not classified under any group at the present time.

Management Performance

Gabelli Dividend Income Leadership Team

Elected by the shareholders, the Gabelli Dividend's board of directors comprises two types of representatives: Gabelli Dividend inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gabelli. The board's role is to monitor Gabelli Dividend's management team and ensure that shareholders' interests are well served. Gabelli Dividend's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gabelli Dividend's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruce Alpert, President Acting Chief Compliance Officer
Laurissa Martire, Vice President and Ombudsman
Salvatore Zizza, Independent Trustee
Kuni Nakamura, Independent Trustee
Mario Gabelli, Chairman of the Board of Trustees, Chief Investment Officer
Elizabeth Bogan, Independent Trustee
David Schachter, Vice President
Michael Melarkey, Independent Trustee
Agnes Mullady, President of the Open-End Fund Division and COO of the Open-End Fund Division
Peter Goldstein, Vice President Secretary
Richard Walz, Chief Compliance Officer
Daniel Plourde, Vice President
Edward Tokar, Trustee
Frank Fahrenkopf, Independent Trustee
Carter Austin, VP and VP of the Gabelli Funds LLC
James Conn, Lead Independent Trustee
Andrea Mango, Secretary and Vice President
Anthonie Ekris, Independent Trustee
Salvatore Salibello, Independent Trustee
Anthony Colavita, Independent Trustee
John Ball, Treasurer, Principal Financial and Accounting Officer
Susan Watson, Independent Trustee

Gabelli Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Gabelli Dividend a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Other Information on Investing in Gabelli Fund

Gabelli Dividend financial ratios help investors to determine whether Gabelli Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gabelli with respect to the benefits of owning Gabelli Dividend security.
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