The Gabelli Dividend Growth Fund seeks to provide long-term growth of capital. Capital is the amount of money you invest in the Fund.

Principal Investment Strategies:
The Fund will primarily invest in common stocks of large, well known, widely-held companies that have a market capitalization of greater than $5 billion and which are temporarily out of favor. Companies of this general type are referred to as 'Blue Chip Value' companies. Blue Chip companies are generally identified by their substantial capitalization, established history of earnings and dividends, ample liquidity and easy access to credit. Value companies are generally considered to be those that are temporarily out of favor but have a good intermediate or longer term outlook. The Fund focuses on those Blue Chip Value companies which the Fund's investment adviser, Gabelli Funds, LLC believes are undervalued and have the potential to achieve significant capital appreciation. In selecting investments, the Adviser will consider, among other things, the market price of the issuer's securities, earnings expectations, earnings and price histories, balance sheet characteristics and perceived management skills. The Adviser will also consider changes in economic and political outlooks as well as individual corporate developments.

The Fund may appeal to you if:

you are a long-term investor

you seek growth of capital

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 conservative in your investment approach

you seek a high level of current income

you seek stability of principal more than growth of capital