The Gabelli Utilities Fund

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OVERVIEW FUND DETAILS PRICE & PERFORMANCE DIVIDEND & TAX INFO

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Fund Overview for Gabelli Utilities Fund A

Objective

The Gabelli Utilities Fund seeks to provide a high level of total return through a combination of capital appreciation and current income.

Principal Investment Strategies:
Under normal circumstances, the Fund invests at least 80% of its net assets in securities of companies (i) that are involved to a substantial extent in providing products, services or equipment for the generation or distribution of electricity, gas and water and the provision of infrastructure operations or telecommunications services, such as telephone, telegraph, satellite, cable, microwave, radiotelephone, mobile communication and cellular, paging, electronic mail, videotext, voice communications, data communications and Internet (collectively, "Utility Companies") and (ii) that the Fund's investment adviser, Gabelli Funds, LLC (the "Adviser"), believes have the potential to achieve either capital appreciation or current income. The Adviser will emphasize quality in selecting utility investments, and looks for companies that have proven dividend records and sound financial structures. Generally, Utility Companies generate relatively predictable streams of revenue and income, and in the view of the Adviser, are likely to pay dividends.

The Fund may appeal to you if:

  • you are a long-term investor
  • you seek growth of capital as well as current income
  • you wish to include an income strategy as a portion of your overall investments
  • you believe that the utilities industry can generate growth of capital
  The Gabelli Utilities Fund


Fund Structure:   Open End
Investment Style:   Sector
Inception:   August 31, 1999
 
Class AAA :   GABUX
Class A :   GAUAX
Class C :   GAUCX
Class I :   GAUIX
 
Portfolio Manager

 

Portfolio details as of September 30, 2014

 
 

Returns represent past performance and do not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com
 


The value of utility stocks changes as long-term interest rates change. Funds investing in a single sector, such as utilities, may be subject to more volatility than funds that invest more broadly. The utilities industries can be significantly affected by government regulation, financing difficulties, supply or demand of services, or fuel and natural resources conservation.

The Fund may invest in small and mid capitalization companies. Small capitalization companies are subject to significant price fluctuations and business risks. The stocks of smaller companies may trade less frequently and experience more abrupt price movements than stocks of larger companies; therefore, investing in this sector involves special challenges.

The Fund may invest in foreign securities. Investing in foreign securities involves risks not ordinarily associated with investment in domestic issues including currency fluctuations, economic, and political risks.

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.