Chris Marangi is an Associate Portfolio Manager of The Gabelli Asset Fund.
The above webcast is an excerpt from a CNBC broadcast that appeared on May 9, 2014. The webcast
is made available by CNBC and is provided on GAMCO's website for your convenience only.
GAMCO is providing these links as a matter of general information. We do not intend for these links to be
a complete description of any security or company and it is not an offer or solicitation to buy or sell
any security, nor is it a research report with respect to any of the companies mentioned herein.
As of March 31, 2014, affiliates of GAMCO Investors, Inc. beneficially owned 9.61% of CBS Corp – Class A, 1.26% of Liberty
Media Corp., 1.29% of DirecTV, and less than 1% of CBS Corp. – Class B, News Corp. – Class A & B, Comcast Corp – Class A &
Class A Special, Verizon Communications and AT&T. The Gabelli Asset Fund owned 298,200 shares of CBS Corp. – Class A
(representing less than 1% of the fund), 567,775 shares of News Corp – Class A (less than 1% of the fund), 185,000 shares of
News Corp – Class B (less than 1% of the fund), 160,000 shares of Comcast Corp - Class A (less than 1% of the fund), 313,000
shares of Comcast Corp – Class A Special (less than 1% of the fund), 209,000 shares of Liberty Media Corp. (less than 1% of the
fund), 194,375 shares of Verizon Communications (less than 1% of the fund), 45,000 shares of AT&T (less than 1% of the fund),
801,000 shares of DirecTV (1.65% of the fund) and no shares of CBS Corp. – Class B. Individual securities mentioned are not
representative of the entire portfolio.
The Associate Portfolio Manager's views are subject to change at any time based on market and other conditions. The information
in this posting represents the opinions of the individual Associate Portfolio Manager and is not intended to be a forecast of
future events, a guarantee of future results, or investment advice. Views expressed are those of the Associate Portfolio Manager
and may differ from those of other GAMCO officers, Portfolio Managers, other employees, or of the Firm as a whole. Because the
portfolio managers at GAMCO and our affiliates make individual investment decisions with respect to the client accounts that they
manage, these accounts may have transactions inconsistent with the information contained in this posting. Certain GAMCO personnel
may know the substance of the posting prior to its posting. GAMCO and its affiliates received compensation from certain companies
Discussion of any particular security or performance of any particular fund by a CNBC commentator and the Associate
Portfolio Manager does not represent an offer of any product or service available from GAMCO Investors, Inc. and is
not representative of any portfolio of any fund or account managed by the company.
This webcast is not an offer to sell any security nor is it a solicitation of an offer to buy any security.
Stocks are subject to market, economic and business risks that cause their prices to fluctuate. When you sell shares, they may be
worth less than what you paid for them.
Investors should carefully consider the investment objectives, risks, charges and expenses of
the Fund before investing. The prospectus and summary prospectus, which contains more complete information about this and other
matters, should be read carefully before investing.
For more information, a prospectus, or summary prospectus visit our website at: www.gabelli.com
or call: 800-GABELLI
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