The Gabelli Value Fund Inc. seeks to provide long-term capital appreciation. Capital is the amount of money you invest in the Fund. Capital appreciation is an increase in the value of your investment.
Principal Investment Strategies:
The Fund invests primarily in common stocks. The Fund may also invest in companies that are involved in corporate reorganizations. Additionally, the Fund may invest in foreign securities. The Fund focuses on securities of companies which appear underpriced relative to their 'private market value'. Private market value is the value the Fund's adviser believes informed investors would be willing to pay for a company.
The Fund may appeal to you if:
you are a long-term investor
you believe that the market will favor value over growth stocks over the long term
you wish to include a value strategy as a portion of your overall investments
You may not want to invest in the Fund if:
you are seeking a high level of current income
you are conservative in your investment approach
you seek to maintain the value of your original investment more than potential growth of capital.
The Fund's share price 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. When you
sell Fund shares, they may be worth less than what you paid for them. Consequently, you can lose
money by investing in the Fund.
Investors should consider the investment objectives, risks, sales charges and expense of the fund carefully before investing. The prospectus contains more complete information about this and other matters. The prospectus should be read carefully before investing.
You can obtain a free prospectus by calling at 1-800-GABELLI (1-800-422-3554), or contacting your financial representative or by visiting http://www.gabelli.com.