The Gabelli U.S. Treasury Money Market Fund seeks to provide high current income
consistent with the preservation of principal and liquidity.
Principal Investment Strategies:
Under normal market conditions, the Fund invests at least 99.50% of its assets in cash, U.S Treasury obligations, including U.S Treasury bills, U.S. Treasury notes, U.S. Treasury bonds, and U.S. Treasury strips ("U.S. Treasury Obligations"), and repurchase agreements that are collateralized fully by such obligations or cash and at least 80% of its net assets in U.S. Treasury Obligations and repurchase agreements that are collateralized fully by such obligations. Currently, the Fund invests exclusively in such U.S. Treasury Obligations. The Fund will only invest in securities which have, or deemed to have, a remaining maturity of 397 days or less. In addition, the dollar-weighted average maturity for all securities contained in the Fund is required to be sixty days or less. The Fund will also limit its dollar-weighted average life (portfolio maturity measured without reference to any maturity shortening provisions of adjustable rate securities by reference to their interest rate reset date) to 120 days.
An investment in the Fund is subject to the risk that the Fund's yield will decline due to falling interest rates. Other factors may affect the market price and yield of the Fund's securities, including investor demand and domestic and worldwide economic conditions. An investment in the Fund is not
insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your
investment at $1.00 per share, it is possible to lose money by investing in the Fund. There is no guarantee that the Fund can achieve its investment objective.
The Fund may appeal to you if:
- you seek a fund with a stable NAV of $1.00 per share
- you desire a fund with lower fund expenses than the average U.S. Treasury money market fund
- you seek stability of principal more than growth or high current income
- you seek income free from state and local taxes
- you intend to exchange into other Gabelli sponsored mutual funds
GAMCO's non-U.S. affiliate GAMCO Asset Management (UK) Limited provides products and services designed specifically
for overseas investors. GAMCO does not offer these products or services outside their intended countries or regions,
and purchase orders from U.S. investors will not be accepted, subject to limited exceptions.
The information available through accessing GAMCO Asset Management (UK) Limited has been prepared and is maintained
by non-U.S. affiliates of GAMCO Investors, Inc. Access to this material by U.S. residents is for informational
purposes only and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation
for any security under U.S. law. All content contained therein should be considered, and is subject to, the specific
regulatory requirements under which GAMCO Asset Management (UK) Limited operates.
To reach the web site of a non-U.S. affiliate of GAMCO Investors, Inc., please click here
The Gabelli U.S. Treasury Money Market Fund