The Gabelli Global Financial Services Fund
Schedule of Investments — December 31, 2020 (Unaudited)
Shares | Market | |||||||
COMMON STOCKS — 98.1% | ||||||||
Automobiles — 5.3% | ||||||||
7,000 | Daimler AG | $ | 494,194 | |||||
3,200 | Toyota Motor Corp., ADR | 494,624 | ||||||
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988,818 | ||||||||
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Banks — 18.9% | ||||||||
19,950 | CIT Group Inc. | 716,205 | ||||||
117,000 | Commerzbank AG† | 752,685 | ||||||
161,700 | Dah Sing Financial Holdings Ltd. | 455,746 | ||||||
25,700 | ING Groep NV† | 239,900 | ||||||
25,200 | Japan Post Bank Co. Ltd. | 206,715 | ||||||
17,000 | Shinhan Financial Group Co. Ltd., ADR† | 505,920 | ||||||
28,100 | Shinsei Bank Ltd. | 345,892 | ||||||
7,200 | Webster Financial Corp. | 303,480 | ||||||
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3,526,543 | ||||||||
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Consumer Finance — 6.1% | ||||||||
19,100 | Ally Financial Inc. | 681,106 | ||||||
4,700 | Capital One Financial Corp. | 464,595 | ||||||
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1,145,701 | ||||||||
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Diversified Banks — 17.6% | ||||||||
272,500 | Barclays plc† | 546,594 | ||||||
12,550 | Citigroup Inc. | 773,833 | ||||||
46,100 | Credit Agricole SA† | 581,202 | ||||||
240,500 | Natwest Group plc† | 551,374 | ||||||
15,510 | Societe Generale SA† | 322,529 | ||||||
78,100 | Standard Chartered plc† | 497,589 | ||||||
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3,273,121 | ||||||||
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Homebuilders — 4.9% | ||||||||
3,010 | Cavco Industries Inc.† | 528,105 | ||||||
25,409 | Legacy Housing Corp.† | 383,930 | ||||||
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912,035 | ||||||||
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Institutional Brokerage — 10.3% | ||||||||
49,700 | Credit Suisse Group AG, ADR | 636,160 |
Shares | Market | |||||||
92,400 | Daiwa Securities Group Inc. | $ | 420,590 | |||||
34,810 | Jefferies Financial Group Inc. | 856,326 | ||||||
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1,913,076 | ||||||||
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Institutional Trust, Fiduciary, and Custody — 7.6% |
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8,450 | State Street Corp. | 614,991 | ||||||
18,650 | The Bank of New York Mellon Corp. | 791,506 | ||||||
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1,406,497 | ||||||||
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Investment Management — 18.9% | ||||||||
3,750 | Diamond Hill Investment Group Inc. | 559,763 | ||||||
28,250 | Franklin Resources Inc. | 705,968 | ||||||
25,100 | Janus Henderson Group plc | 816,001 | ||||||
44,200 | Waddell & Reed Financial Inc., Cl. A | 1,125,774 | ||||||
20,730 | Westwood Holdings Group Inc. | 300,585 | ||||||
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3,508,091 | ||||||||
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Life Insurance — 8.5% | ||||||||
203,117 | Aegon NV | 802,726 | ||||||
17,929 | NN Group NV | 778,212 | ||||||
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1,580,938 | ||||||||
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TOTAL COMMON STOCKS | 18,254,820 | |||||||
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U.S. GOVERNMENT OBLIGATIONS — 1.9% | ||||||||
345,000 | U.S. Treasury Bills, | 344,962 | ||||||
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TOTAL INVESTMENTS — 100.0% (Cost $17,290,126) | $ | 18,599,782 | ||||||
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† | Non-income producing security. |
†† | Represents annualized yields at dates of purchase. |
ADR | American Depositary Receipt |
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