The Westwood Funds announced quarterly distributions. The payment, ex-dividend and reinvestment date is June 20, 2005 to shareholders of record on June 17, 2005.

Fund #	Fund Name	Distribution (per share)
	The Westwood Balanced Fund
708	Class AAA (WEBAX)	$0.0492
709	Class A (WEBCX)	$0.0417
1112	Class B (WBCBX)	$0.0262
1113	Class C (WBCCX)	$0.0269
	The Westwood Realty Fund
465	Class AAA (WESRX)	$0.0808
1120	Class A	$0.0726
1121	Class B	$0.0522
1122	Class C	$0.0549

The Westwood Funds are managed by Gabelli Advisers, Inc. and distributed by Gabelli & Company, Inc., subsidiaries of Gabelli Asset Management Inc., which is a publicly traded NYSE listed company. Westwood Management Corporation, a subsidiary of Westwood Holdings Group, Inc., is the Sub-adviser for these Funds. For further information call Bruce N. Alpert at 914-921-5105 or 1-800-GABELLI (1-800-422-3554).