Gabelli Closed-End Funds

    The Gabelli Equity Trust Inc.   [GAB]

    The Gabelli Convertible and Income Securities Fund Inc.   [GCV]

    The Gabelli Dividend & Income Trust   [GDV]

    The Gabelli Global Small and Mid Cap Value Trust   [GGZ]

    Gabelli Value Plus+ Trust Plc   [GVP LN]

    Bancroft Fund Ltd.   [BCV]

    Ellsworth Growth and Income Fund Ltd.   [ECF]

    The Gabelli Go Anywhere Trust   [GGO]

Sector Specific

    The Gabelli Multimedia Trust Inc.   [GGT]

    The Gabelli Utility Trust   [GUT]

    The Gabelli Global Utility & Income Trust   [GLU]

    The Gabelli Healthcare & WellnessRx Trust   [GRX]

    The GDL Fund   [GDL]

    Gabelli Merger Plus+ Trust PLC   [GMP LN]

    GAMCO Global Gold, Natural Resources & Income Trust   [GGN]

    GAMCO Natural Resources, Gold & Income Trust   [GNT]

Closed-end funds carry a certain level of risk for investors.

Closed-end funds are traded on the secondary market through a stock exchange. The Closed-end fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. The market price for a closed-end fund is based on supply and demand which fluctuates daily based on many factors, such as economic conditions and global events, investor sentiment, and security-specific factors. The possibility of a market decline should be considered market risk.

There is no assurance that the Fund will achieve its investment objective and you can lose money by investing in a closed-end fund. Past performance does not guarantee future results.