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"At Gabelli Funds, we do bottom-up
research. We read annual reports, visit the competition, talk to customers
and meet a company's management before we invest. We look for a catalyst -
something happening in the company or industry that may create
value." |
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The Gabelli Equity Income Fund invests primarily in a
portfolio of income producing equity securities. Pays monthly dividends.
The Fund's primary objective is to seek a high level of total return.
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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 complete information
about this and other matters.
The prospectus should be read carefully before investing. You can obtain a free prospectus
by calling Gabelli & Company, Inc. at 1-800-GABELLI (1-800-422-3554), or contacting
your financial representative or by visiting http://www.gabelli.com.
Distributed by Gabelli & Company, Inc. One Corporate Center, Rye, NY 10580.
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