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TETON Westwood Income Fund Class I

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

Fund Structure:
Asset Class:
Investment Style:
Investment Objective:
Multiclass:

Open End
Equity
Equity Income
Income

Key Dates

Inception: September 30, 1997 Dividends Paid: Quarterly
Fiscal Year End: September Capital Gains Paid: Annual - Dec.

Fund Identifiers

Exchange Symbol: WESIX
Cusip Number: 88166L801
Telephone Audio Response Code: 1553
Class: I   

Minimum Investment Requirements

Initial Investment Subsequent Investment
Regular Account: $ 1,000 Telephone Invest: $   100
IRA, Fiduciary: $ 250 Auto Investment Plan $   100
UGMA, Custodial Account: $ 250 Mail None
Auto Investment Plan None Wire $   100

 Fund Operating Expenses  Account Fees
Management 1.00 % Sales Load: None
12B-1 0 % CDSC: * None
Other Expenses 1.57 % Exchange Fee: None
Fee Waiver + (0.82)% IRA Custodian $15 if less than $25,000
Total  1.75 %  Education IRA None 

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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