Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -3.30% | -5.79% | -6.56% | -7.94% | -0.27% | +6.55% | +13.97% | -1.45% | +3.65% | +1.87% |
| Market-price total return | -3.30% | -4.52% | -5.29% | -5.47% | +3.83% | +12.56% | +20.15% | +4.45% | +8.42% | +5.65% |
| NAV return | +0.29% | -4.32% | -4.70% | -4.75% | +3.08% | +6.16% | +11.53% | -1.29% | — | +2.92% |
| NAV total return | +0.29% | -3.17% | -3.55% | -2.49% | +6.84% | +11.42% | +16.69% | +3.76% | — | +6.97% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.16% | 0.15% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.17% | 0.17% | as above |
| Volatility, 5 years | 0.19% | 0.19% | as above |
| Maximum drawdown, 3 years | -17.86% | -16.94% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.92 | 0.71 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 1.32 | 1.04 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.72 | — | VXUS (ex-U.S. equity ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.67 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Gabelli Global Small & Mid Cap Value Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.