Principal Investment Strategies :
Under normal market conditions, the Fund invests at least 80% of its net assets in
dividend paying and/or interest bearing securities.
The Fund may appeal to you if:
you seek a high level of current income
you seek stability of principal more than growth of capital
you are a long-term investor
You may not want to invest in the Fund if:
you seek growth of capital more than current income
Formerly GAMCO Westwood Realty Fund.
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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