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TETON Westwood Income Fund

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Portfolio Manager: Barbara G. Marcin, CFA Ticker Symbol: WESRX

Objective

Formerly The Westwood Realty Fund.
The TETON Westwood Income Fund seeks to provide a high level of current income as well as long-term capital appreciation. The Fund invests primarily in income producing equity and fixed income securities.

Principal Investment Strategies :
Under normal market conditions, the Fund invests at least 80% of its net assets in dividend paying and/or interest bearing securities.

The Fund may appeal to you if:

  • you seek a high level of current income
  • you seek stability of principal more than growth of capital
  • you are a long-term investor

You may not want to invest in the Fund if:

  • you seek growth of capital more than current income


Formerly The Westwood Realty Fund.

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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