GBHI ETF — Gabelli High Income ETF

Gabelli High Income ETF (GBHI)

Updated October 2, 2026.

GBHI is a low-cost ETF. its distribution rate is 5.91%, its trailing-12-month yield is 4.86%, its expense ratio is 0.01%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 1.8% over the past 0.9 years, 15.1 points behind SPY at 16.9%.

At the current 5.91% distribution rate, a $10,000 investment would generate approximately $591 per year, or about $147.75 per quarter if the next payment matches the last regular one.

GBHI performance versus SPY

Price and return data through 2026-10-02.

Total return is 1.8% over the past 0.9 years, 15.1 points behind SPY at 16.9%. Its deepest 1-year drawdown was 2.9%.

GBHI key facts

Distribution Safety Score™

50 · Unproven

Issuer

Gabelli Funds

Asset type

ETF

Asset class

Fixed Income

Inception date

11/14/2025

Expense ratio

0.01%

Distribution rate

5.91%

Distribution frequency

Quarterly

Trailing yield

4.86%

Last close

$24.34 (as of 2026-10-02)

AUM

$5,919,450

Average volume

415.0

Next dividend

$0.35972

Last ex-dividend date

09/28/2026

Next payment date

10/08/2026

Beta

0.1746

How Dividend Vision calculates yield and returns

Distribution rate (5.91%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (4.86%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Gabelli Funds; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GBHI risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 2.9%.

Who may consider GBHI — and who may not

GBHI may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (GBHI pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Gabelli Funds.