| Associated Capital Group provides alternative investment management services and operates a direct investment business that invests in businesses. Co. conducts its investment management activities through its wholly-owned subsidiary, Gabelli & Company Investment Advisers, Inc. (GCIA), and its wholly-owned subsidiary, Gabelli & Partners, LLC (Gabelli & Partners). GCIA and Gabelli & Partners together serve as general partners or investment managers to investment funds including limited partnerships and offshore companies, and separate accounts. Co. primarily manages assets across a range of risk and event arbitrage portfolios and in equity event-driven value strategies. The AC YTD return is shown above.
The YTD Return on the AC YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether AC YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AC YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.