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TETON Westwood Balanced FundPrintable Factsheet | Prospectus | Statement of Additional Info | Recent Quarterly Report | Recent Annual Report | XBRL | Multiclass Information |
The TETON Westwood Balanced Fund seeks to provide capital appreciation and current income resulting in a high total investment return consistent with prudent investment risk and a balanced investment approach. Capital is the amount of money you invest in the Fund. Capital appreciation is an increase in the value of an investment. Income is the amount of money you earn annually on your invested capital.
Principal Investment Strategies:
The Fund invests in stocks of seasoned companies. Seasoned companies generally have market capitalizations of $1 billion or more and have been operating for at least three years. The Sub-Adviser chooses stocks of seasoned companies with proven records and above-average earnings growth potential.
The debt securities held by the Fund are investment grade securities of corporate and government issuers and commercial paper and mortgage- and asset-backed securities. Investment grade debt securities are securities rated in one of the four highest ratings categories by a nationally recognized rating agency. There are no restrictions on the maximum or minimum maturity of any individual security that the Fund may invest in.
The Fund may appeal to you if:
You may not want to invest in the Fund if:
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.
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