Past performance is no guarantee of future results.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing.
You can obtain more information about the Fund by calling 1-800-GABELLI (1-800-422-3554).
A Fund's net asset value ("NAV") per share will fluctuate with changes in the market value of the Fund's portfolio
securities. Stocks are subject to market, economic, and business risks that cause their prices to fluctuate. Investors
acquire shares of a Fund on a securities exchange at market value, which fluctuates according to the dynamics of supply
and demand. When Fund shares are sold, they may be worth more or less than their original cost. Consequently, you can lose
money by investing in a Fund. Current performance may be lower or higher than the performance data presented. Performance
returns for periods of less than one year are not annualized.