The above webcast is an excerpt from a CNBC broadcast that appeared on July 22, 2011. The webcast is made available by CNBC 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.

As of July 22, 2011, affiliates of GAMCO Investors, Inc. owned 3.27% of Genuine Parts Co., 1.92% of Sara Lee Corp., 1.66% of Fortune Brands Inc., 8.14% of United States Cellular, 7.51% of National Fuel Gas Co., and less than 1% of General Mills Inc, Nestle, Green Mountain, PepsiCo, Ecolab Inc., Apple Inc., Google Inc., Microsoft Corp, Millicom International Cellular, and News Corp.

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 Manager and may differ from those of other portfolio managers or of the Firm as a whole. Because the portfolio managers 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. These portfolio managers may know the substance of the posting prior to its posting. GAMCO and its affiliates may receive compensation from the companies referenced herein or may be soliciting any company referenced herein as a client for their services.

This webcast is not an offer to sell any security nor is it a solicitation of an offer to buy any security.

The Gabelli U.S. Treasury Money Market Fund is managed by Judith A. Raneri and Ronald S, Eaker. Investment returns and yields will fluctuate. Income will be subject to federal income tax. Investment in the Fund is not guaranteed nor insured by the Federal Deposit Insurance Corporation. 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.

The GAMCO Growth Fund is managed by Howard F. Ward. 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 information on this and other matters. Please read the prospectus carefully before investing.