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Daniel Miller - Bloomberg - February 22, 2013Welcome Press Releases On YouTube On The Air In The News Daniel MillerSequestration Largely Priced In: Gabelli's Miller
Daniel Miller is a Portfolio Manager of The Gabelli Focus Five Fund.
The above webcast is an excerpt from a Bloomberg broadcast that appeared on February 22, 2013. The webcast is
made available by Bloomberg and is provided on GAMCO's website for your convenience only.
GAMCO is providing these links as a matter of general information. We do not intend for these links to be a
complete description of any security or company and it is not an offer or solicitation to buy or sell any security,
nor is it a research report with respect to any of the companies mentioned herein.
The Portfolio Manager's views are subject to change at any time based on market and other conditions. The information
in this posting represents the opinions of the individual Portfolio Manager and is not intended to be a forecast of
future events, a guarantee of future results, or investment advice. Views expressed are those of the Portfolio Managers
and may differ from those of other GAMCO officers, Portfolio Managers, other employees, or of the Firm as a whole.
Because the investment personnel at GAMCO and our affiliates make individual investment decisions with respect to the
client accounts that they manage, these accounts may have transactions inconsistent with the information contained in
this posting. Certain GAMCO personnel may know the substance of the posting prior to its posting. GAMCO and its
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herein as a client for their services.
As of December 31, 2012, The Gabelli Focus Five Fund held the following as a percentage of its net asset value:
GNC Holdings 8.4%; RealD 6.8%; Coinstar 3.5%. The Fund did not hold positions as of December 31, 2012 in other
companies mentioned.
Discussion of any particular security or performance of any particular fund by a Bloomberg commentator does not
represent an offer of any product or service available from GAMCO Investors, Inc. and is not representative of any
portfolio of any fund or account managed by the company.
Returns represent past performance and do not guarantee future results. Current performance may be lower or higher
than the performance data quoted. Effective January 1, 2012, the Fund changed its name and investment strategy from
"The Gabelli Woodland Small Cap Value Fund" to "The Gabelli Focus Five Fund". Through December 31, 2012, 26.20%,
4.95%, and 8.49% are the one year, the five year, and life of Fund (12/31/02) average annual returns for The Gabelli
Focus Five Fund Class AAA shares (GWSVX). The current expense ratio after reimbursement from Advisor for The Gabelli
Focus Five Fund Class AAA shares is 1.71%. The gross expense ratio is 2.41%. The Advisor reimbursed certain expenses
to limit the expense ratio during the period from inception. Had such a limitation not been in place, returns would
have been lower. The Fund imposes a 2% redemption fee on shares sold or exchanged in seven days or less after the
date of purchase. The S&P 500 Index is an unmanaged indicator of stock market performance and is adjusted for
reinvestment of dividends. You cannot invest directly in an index.
Total returns and average annual returns are historical and reflect changes in share price, reinvested dividends
and capital gains and are net of expenses. Investment return and principal value will fluctuate so, upon redemption,
shares may be worth more or less than their original cost. Stocks are subject to market, economic and business risks
that cause their prices to fluctuate. Consequently, you can lose money by investing in the Fund. Performance pertains
to Class AAA shares only. Other share classes may have different performance characteristics.
This webcast is not an offer to sell any security nor is it a solicitation of an offer to buy any security.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the fund before
investing. The prospectus contains information about these and other matters and should be read carefully before
investing.
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