Frank Fahrenkopf - Gamco Global Independent Trustee

GGN Fund  USD 4.13  0.08  1.90%   
Frank Fahrenkopf is Fund Manager at Gamco Global
Mr. Frank J. Fahrenkopf, Jr. is Independent Trustee of the Company. He is the President and Chief Executive Officer of the American Gaming Association, the trade group for the hotelcasino industry. He is a member of the Funds Audit Committee. Additionally, he serves on certain board committees with respect to other funds in the Fund Complex on whose boards he sits. He presently is CoChairman of the Commission on Presidential Debates, which is responsible for the widelyviewed Presidential debates during the quadrennial election cycle. Additionally, he serves as a board member of the International Republican Institute, which he founded in 1984. He served for many years as Chairman of the Pacific Democrat Union and Vice Chairman of the International Democrat Union, a worldwide association of political parties from the United States, Great Britain, France, Germany, Canada, Japan, Australia, and twenty other nations. Prior to becoming the AGAs first chief executive in 1995, Mr. Fahrenkopf was a partner in the law firm of Hogan Hartson, where he chaired the International Trade Practice Group and specialized in regulatory, legislative, and corporate matters for multina tional, foreign, and domestic clients. Mr. Fahrenkopf is the former Chairman of the Finance Committee of the Culinary Institute of America and remains a member of the board. Additionally, he has over twenty years of experience as a member of the board of directors of a bank and still serves as a member of the Advisory Board of the bank
Age 79
Tenure 19 years
Phone914-921-5000
Webhttps://www.gabelli.com/Template/fundinfo.cfm?tid=NTczYjU=&bid=OWZjZg==&mid=M2E1YQ==&num=MTczMDY=&kid=MTIzMTY=&fid=NmZiMGU=&rid=611-=edoc_dnuf
Fahrenkopf received his Bachelor of Arts from the University of Nevada, Reno and his Juris Doctor from Boalt Hall School of Law, U.C. Berkeley.

Gamco Global Management Performance (%)

The company has Return on Asset of 1.16 % which means that on every $100 spent on assets, it made $1.16 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.63) %, meaning that it generated no profit with money invested by stockholders. Gamco Global's management efficiency ratios could be used to measure how well Gamco Global manages its routine affairs as well as how well it operates its assets and liabilities.
Gamco Global has 18.75 K in debt. Gamco Global has a current ratio of 0.49, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Gamco Global until it has trouble settling it off, either with new capital or with free cash flow. So, Gamco Global'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 Gamco Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gamco to invest in growth at high rates of return. When we think about Gamco Global's use of debt, we should always consider it together with cash and equity.

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GAMCO Global Gold, Natural Resources Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. GAMCO Global Gold, Natural Resources Income Trust was formed on January 4, 2005 and is domiciled in United States. Gamco Global operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange. The fund is not classified under any group at the present time.

Management Performance

Gamco Global Leadership Team

Elected by the shareholders, the Gamco Global's board of directors comprises two types of representatives: Gamco Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gamco. The board's role is to monitor Gamco Global's management team and ensure that shareholders' interests are well served. Gamco Global'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, Gamco Global'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 Ombudsman
Salvatore Zizza, Independent Trustee
David Schachter, Vice President
Molly Marion, Vice President, Ombudsman
Michael Melarkey, Independent Trustee
Vincent Enright, Independent Trustee
Agnes Mullady, President of the Open-End Fund Division and COO of the Open-End Fund Division
Richard Walz, Chief Compliance Officer
Frank Fahrenkopf, Independent Trustee
Carter Austin, Vice President
James Conn, Lead Independent Trustee
Andrea Mango, Vice President, Secretary
Anthonie Ekris, Independent Trustee
Salvatore Salibello, Independent Trustee
Anthony Colavita, Independent Trustee
John Ball, Principal Financial and Accounting Officer, Treasurer

Gamco 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 Gamco Global 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.

Pair Trading with Gamco Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gamco Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gamco Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gamco Fund

  0.65PDI Pimco Dynamic IncomePairCorr

Moving against Gamco Fund

  0.51USPSX Profunds Ultrashort Potential GrowthPairCorr
  0.51USPIX Profunds Ultrashort Potential GrowthPairCorr
  0.32UIPIX Ultrashort Mid CapPairCorr
The ability to find closely correlated positions to Gamco Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gamco Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gamco Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gamco Global to buy it.
The correlation of Gamco Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gamco Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gamco Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gamco Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Gamco Fund

Gamco Global financial ratios help investors to determine whether Gamco 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 Gamco with respect to the benefits of owning Gamco Global security.
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