TETON Westwood Balanced Fund

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Fund Overview for TW Balanced Fund C

Objective

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.

Principal Investment Strategies:
The Fund invests in a combination of equity and debt securities. The Fund is primarily equity-oriented, and uses a top down approach in seeking to provide equity-like returns but with lower volatility than a fully invested equity portfolio. The Sub-Adviser will typically invest 30% to 70% of the Fund's assets in equity securities and 70% to 30% in debt securities, and the balance of the Fund's assets in cash or cash equivalents. The actual mix of assets will vary depending on the Sub-Adviser's analysis of market and economic conditions.

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 are a long-term investor
  • you seek growth of capital and current income
  • you want participation in market growth with some emphasis on preserving assets in "down" markets

  TETON Westwood Balanced Fund


Fund Structure:   Open End
Investment Style:   Balanced
Inception:   October 01, 1991
 
Class AAA :   WEBAX
Class A :   WEBCX
Class C :   WBCCX
Class I :   WBBIX
 
Portfolio Manager

 


Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800-GABELLI or visit www.gabelli.com.

The Gabelli Mutual Funds are distributed by G.distributors, LLC., a registered broker-dealer and member of FINRA.