Fund info

Gabelli Equity Income Fund Class I is an actively managed mutual fund focused on generating a high level of total return with an emphasis on current income. The fund invests primarily in income-producing equity securities, seeking companies that are well-managed, demonstrate strong free cash flow, and are positioned to benefit from long-term trends such as industry globalization and productivity enhancements. A core objective is to deliver yields superior to the average of the S&P 500 Index, while also capturing opportunities for capital appreciation. The portfolio is diversified across sectors and includes exposure to large, mid, and small capitalization companies, with significant allocations in industries like food and beverage, financial services, and industrials. Managed since its inception in 1992 by Mario Gabelli, CFA, the fund leverages the expertise of a robust research team to identify attractively valued stocks aligned with its income and growth mandate. Gabelli Equity Income Fund Class I plays a notable role in the financial market for investors seeking reliable income and long-term equity growth within a diversified framework.