The Gabelli Global Rising Income and Dividend Fund
Schedule of Investments — September 30, 2020 (Unaudited)
Principal | Market | |||||||
CONVERTIBLE CORPORATE BONDS — 0.3% |
| |||||||
Energy and Utilities — 0.3% | ||||||||
$ 100,000 | Chart Industries Inc., | |||||||
1.000%, 11/15/24(a) | $ | 139,098 | ||||||
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| |||||||
Shares | ||||||||
COMMON STOCKS — 98.5% | ||||||||
Aerospace and Defense — 1.4% | ||||||||
5,000 | Aerojet Rocketdyne Holdings Inc.† | 199,450 | ||||||
1,600 | L3Harris Technologies Inc. | 271,744 | ||||||
6,000 | Ultra Electronics Holdings plc | 161,501 | ||||||
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632,695 | ||||||||
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| |||||||
Automotive — 0.4% | ||||||||
1,000 | Volkswagen AG | 174,931 | ||||||
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| |||||||
Automotive: Parts and Accessories — 1.5% |
| |||||||
18,000 | Dana Inc. | 221,760 | ||||||
2,000 | Genuine Parts Co. | 190,340 | ||||||
1,500 | Linamar Corp. | 44,621 | ||||||
46,000 | Uni-Select Inc. | 196,913 | ||||||
3,000 | Veoneer Inc.† | 44,100 | ||||||
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| |||||||
697,734 | ||||||||
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Aviation: Parts and Services — 0.2% |
| |||||||
200 | Curtiss-Wright Corp. | 18,652 | ||||||
32,000 | Signature Aviation plc | 98,645 | ||||||
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117,297 | ||||||||
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Building and Construction — 2.5% |
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333 | Arcosa Inc. | 14,682 | ||||||
500 | Chofu Seisakusho Co. Ltd. | 10,425 | ||||||
16,000 | GCP Applied Technologies Inc.† | 335,200 | ||||||
11,000 | Herc Holdings Inc.† | 435,710 | ||||||
6,000 | Johnson Controls International plc | 245,100 | ||||||
1,600 | Lennar Corp., Cl. B | 105,056 | ||||||
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| |||||||
1,146,173 | ||||||||
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Business Services — 1.2% | ||||||||
18,000 | JCDecaux SA† | 311,709 | ||||||
10,000 | Matthews International Corp., Cl. A | 223,600 | ||||||
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535,309 | ||||||||
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Cable and Satellite — 2.0% | ||||||||
514 | DISH Network Corp., Cl. A† | 14,921 | ||||||
800 | EchoStar Corp., Cl. A† | 19,912 | ||||||
2,000 | Liberty Global plc, Cl. A† | 42,020 | ||||||
4,000 | Liberty Global plc, Cl. C† | 82,140 | ||||||
2,000 | Liberty Latin America Ltd., Cl. A† | 16,500 | ||||||
538 | Liberty Latin America Ltd., Cl. C† | 4,379 | ||||||
19,000 | Rogers Communications Inc., Cl. B | 753,350 | ||||||
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933,222 | ||||||||
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Shares | Market | |||||||
Computer Software and Services — 0.8% |
| |||||||
1,000 | AVEVA Group plc | $ | 61,756 | |||||
34,000 | Hewlett Packard Enterprise Co. | 318,580 | ||||||
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| |||||||
380,336 | ||||||||
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| |||||||
Consumer Products — 7.1% | ||||||||
21,000 | Essity AB, Cl. A† | 721,037 | ||||||
9,034 | Hunter Douglas NV† | 526,421 | ||||||
2,000 | L’Oreal SA | 650,948 | ||||||
2,000 | Salvatore Ferragamo SpA† | 29,476 | ||||||
13,000 | Scandinavian Tobacco Group A/S | 192,956 | ||||||
4,500 | Svenska Cellulosa AB SCA, Cl. A† | 66,124 | ||||||
9,500 | Swedish Match AB | 777,324 | ||||||
7,000 | Unicharm Corp. | 312,748 | ||||||
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3,277,034 | ||||||||
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Consumer Services — 1.6% | ||||||||
12,000 | Ashtead Group plc | 433,560 | ||||||
200 | Boyd Group Services Inc. | 30,892 | ||||||
7,000 | ServiceMaster Global Holdings Inc.† | 279,160 | ||||||
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743,612 | ||||||||
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| |||||||
Diversified Industrial — 5.9% | ||||||||
600 | Aker ASA, Cl. A | 25,911 | ||||||
11,571 | Ampco-Pittsburgh Corp.† | 40,383 | ||||||
2,500 | Ardagh Group SA | 35,125 | ||||||
8,000 | Bouygues SA | 277,825 | ||||||
500 | Crane Co. | 25,065 | ||||||
17,000 | EnPro Industries Inc. | 958,970 | ||||||
7,000 | Jardine Matheson Holdings Ltd. | 277,760 | ||||||
17,000 | Jardine Strategic Holdings Ltd. | 336,770 | ||||||
3,500 | Macquarie Infrastructure Corp. | 94,115 | ||||||
14,500 | Myers Industries Inc. | 191,835 | ||||||
11,000 | Nilfisk Holding A/S† | 132,868 | ||||||
500 | Park-Ohio Holdings Corp. | 8,035 | ||||||
1,200 | Sulzer AG | 96,477 | ||||||
5,000 | Textron Inc. | 180,450 | ||||||
3,000 | Trinity Industries Inc. | 58,500 | ||||||
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2,740,089 | ||||||||
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Electronics — 10.2% | ||||||||
35,000 | Sony Corp. | 2,665,529 | ||||||
26,500 | Sony Corp., ADR | 2,033,875 | ||||||
1,500 | Stratasys Ltd.† | 18,705 | ||||||
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4,718,109 | ||||||||
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Energy and Energy Services — 1.6% | ||||||||
4,000 | BP plc, ADR | 69,840 | ||||||
12,000 | Landis+Gyr Group AG† | 657,293 | ||||||
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| |||||||
727,133 | ||||||||
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Energy and Utilities — 4.2% | ||||||||
8,000 | Cameco Corp. | 80,800 | ||||||
600 | Cheniere Energy Inc.† | 27,762 |
1
The Gabelli Global Rising Income and Dividend Fund
Schedule of Investments (Continued) — September 30, 2020 (Unaudited)
Shares | Market | |||||||
COMMON STOCKS (Continued) | ||||||||
Energy and Utilities (Continued) | ||||||||
7,000 | National Fuel Gas Co. | $ | 284,130 | |||||
15,000 | National Grid plc, ADR | 866,850 | ||||||
10,000 | Royal Dutch Shell plc, Cl. B | 121,319 | ||||||
18,000 | Severn Trent plc | 566,492 | ||||||
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1,947,353 | ||||||||
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Entertainment — 3.3% | ||||||||
10,000 | Discovery Inc., Cl. A† | 217,700 | ||||||
25,000 | Grupo Televisa SAB, ADR† | 154,500 | ||||||
30,000 | International Game Technology plc | 333,900 | ||||||
95,000 | ITV plc | 82,891 | ||||||
11,155 | ViacomCBS Inc., Cl. B | 312,452 | ||||||
15,000 | Vivendi SA | 418,567 | ||||||
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1,520,010 | ||||||||
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Equipment and Supplies — 1.3% | ||||||||
4,500 | Graco Inc. | 276,075 | ||||||
12,500 | Mueller Industries Inc. | 338,250 | ||||||
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614,325 | ||||||||
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Financial Services — 10.1% | ||||||||
1,000 | American Express Co. | 100,250 | ||||||
7,500 | American International Group Inc. | 206,475 | ||||||
3,000 | Bank of America Corp. | 72,270 | ||||||
3 | Berkshire Hathaway Inc., Cl. A† | 960,003 | ||||||
8,000 | Citigroup Inc. | 344,880 | ||||||
3,200 | Comerica Inc. | 122,400 | ||||||
8,000 | Deutsche Bank AG† | 67,200 | ||||||
4,200 | EXOR NV | 228,882 | ||||||
27,000 | FinecoBank Banca Fineco SpA† | 372,120 | ||||||
60,000 | GAM Holding AG† | 115,955 | ||||||
1,600 | Julius Baer Group Ltd. | 68,218 | ||||||
16,500 | Kinnevik AB, Cl. A | 666,938 | ||||||
5,000 | Morgan Stanley | 241,750 | ||||||
32,000 | Resona Holdings Inc. | 108,502 | ||||||
2,500 | State Street Corp. | 148,325 | ||||||
1,000 | T. Rowe Price Group Inc. | 128,220 | ||||||
10,000 | The Bank of New York Mellon Corp. | 343,400 | ||||||
1,500 | The PNC Financial Services Group Inc. | 164,865 | ||||||
7,000 | UBS Group AG | 78,050 | ||||||
5,000 | Wells Fargo & Co. | 117,550 | ||||||
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4,656,253 | ||||||||
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Food and Beverage — 23.5% | ||||||||
2,000 | Campbell Soup Co. | 96,740 | ||||||
7,500 | Chr. Hansen Holding A/S | 833,635 | ||||||
7,500 | Danone SA | 485,573 | ||||||
125,000 | Davide Campari-Milano NV | 1,365,766 | ||||||
6,000 | Diageo plc, ADR | 825,960 | ||||||
4,000 | Fomento Economico Mexicano SAB de CV, ADR | 224,760 | ||||||
2,000 | Heineken NV | 177,932 |
Shares | Market | |||||||
2,500 | Kellogg Co. | $ | 161,475 | |||||
4,000 | Kerry Group plc, Cl. A | 513,536 | ||||||
10,600 | Kikkoman Corp. | 584,952 | ||||||
5,000 | Maple Leaf Foods Inc., Toronto | 101,949 | ||||||
1,500 | McCormick & Co. Inc., Cl. V | 292,980 | ||||||
1,500 | McCormick & Co. Inc., Non-Voting | 291,150 | ||||||
800 | National Beverage Corp.† | 54,408 | ||||||
15,000 | Nestlé SA | 1,780,685 | ||||||
3,500 | Pernod Ricard SA | 558,705 | ||||||
12,300 | Remy Cointreau SA | 2,246,826 | ||||||
6,000 | The Kraft Heinz Co. | 179,700 | ||||||
1,000 | Yakult Honsha Co. Ltd. | 55,469 | ||||||
375,000 | Yashili International Holdings Ltd.† | 24,677 | ||||||
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10,856,878 | ||||||||
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Health Care — 3.1% | ||||||||
20,000 | Achaogen Inc.† | 201 | ||||||
4,000 | Bristol Myers Squibb Co. | 241,160 | ||||||
15,000 | Clovis Oncology Inc.† | 87,450 | ||||||
8,000 | Cutera Inc.† | 151,760 | ||||||
700 | ICU Medical Inc.† | 127,932 | ||||||
4,000 | Idorsia Ltd.† | 107,443 | ||||||
1,600 | Johnson & Johnson | 238,208 | ||||||
2,500 | Patterson Cos. Inc. | 60,264 | ||||||
6,000 | Pfizer Inc. | 220,200 | ||||||
5,000 | Roche Holding AG, ADR | 214,050 | ||||||
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1,448,668 | ||||||||
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Hotels and Gaming — 3.5% | ||||||||
250,000 | Mandarin Oriental International Ltd.† | 450,000 | ||||||
190,000 | The Hongkong & Shanghai Hotels Ltd. | 147,586 | ||||||
275,000 | William Hill plc | 986,477 | ||||||
800 | Wynn Resorts Ltd. | 57,448 | ||||||
|
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1,641,511 | ||||||||
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Machinery — 3.0% | ||||||||
104,000 | CNH Industrial NV, Borsa Italiana† | 810,627 | ||||||
50,000 | CNH Industrial NV, New York† | 391,000 | ||||||
1,200 | Mueller Water Products Inc., Cl. A | 12,468 | ||||||
2,000 | NKT A/S† | 59,718 | ||||||
19,500 | Twin Disc Inc.† | 98,670 | ||||||
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1,372,483 | ||||||||
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Publishing — 0.8% | ||||||||
34,000 | The E.W. Scripps Co., Cl. A | 388,960 | ||||||
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Retail — 0.5% | ||||||||
12,000 | Hertz Global Holdings Inc.† | 13,320 | ||||||
2,300 | Nathan’s Famous Inc. | 117,875 | ||||||
2,400 | Walgreens Boots Alliance Inc. | 86,208 | ||||||
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| |||||||
217,403 | ||||||||
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Specialty Chemicals — 1.1% | ||||||||
700 | Ashland Global Holdings Inc. | 49,644 |
2
The Gabelli Global Rising Income and Dividend Fund
Schedule of Investments (Continued) — September 30, 2020 (Unaudited)
Shares | Market | |||||||
COMMON STOCKS (Continued) | ||||||||
Specialty Chemicals (Continued) | ||||||||
3,000 | International Flavors & Fragrances Inc. | $ | 367,350 | |||||
200 | The Chemours Co. | 4,182 | ||||||
4,000 | Valvoline Inc. | 76,160 | ||||||
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497,336 | ||||||||
|
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Telecommunications — 4.3% | ||||||||
1,600 | CenturyLink Inc. | 16,144 | ||||||
3,000 | Deutsche Telekom AG | 50,263 | ||||||
10,000 | Deutsche Telekom AG, ADR | 168,500 | ||||||
4,000 | Frontier Communications Corp.† | 642 | ||||||
50,000 | Koninklijke KPN NV | 117,656 | ||||||
60,000 | Pharol SGPS SA, ADR† | 8,700 | ||||||
2,400 | Proximus SA | 43,826 | ||||||
130,000 | Sistema PJSC FC, GDR | 696,800 | ||||||
63,000 | Telefonica Deutschland Holding AG | 161,690 | ||||||
70,000 | VEON Ltd., ADR | 88,200 | ||||||
3,000 | Verizon Communications Inc | 178,470 | ||||||
36,000 | Vodafone Group plc, ADR | 483,120 | ||||||
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2,014,011 | ||||||||
|
| |||||||
Wireless Communications — 3.4% | ||||||||
22,000 | Millicom International Cellular SA, SDR | 669,641 | ||||||
8,000 | T-Mobile US Inc.† | 914,880 | ||||||
|
| |||||||
1,584,521 | ||||||||
|
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TOTAL COMMON STOCKS | 45,583,386 | |||||||
|
| |||||||
WARRANTS — 0.0% | ||||||||
Diversified Industrial — 0.0% | ||||||||
8,000 | Ampco-Pittsburgh Corp., expire 08/01/25† | 2,960 | ||||||
|
|
Principal Amount | Market Value | |||||||
U.S. GOVERNMENT OBLIGATIONS — 1.2% |
| |||||||
U.S. Cash Management Bill — 0.3% | ||||||||
$ 141,000 | 0.094%††, 11/10/20 | $ | 140,989 | |||||
|
| |||||||
U.S. Treasury Bills — 0.9% | ||||||||
421,000 | 0.090%†††, | |||||||
11/05/20 to 12/24/20 | 420,947 | |||||||
|
| |||||||
TOTAL U.S. GOVERNMENT OBLIGATIONS | 561,936 | |||||||
|
| |||||||
TOTAL INVESTMENTS — 100.0% | $ | 46,287,380 | ||||||
|
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(a) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. | |
† | Non-income producing security. | |
†† | Represents annualized yield at date of purchase. | |
††† | Represents annualized yield at dates of purchase. | |
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
SDR | Swedish Depositary Receipt |
Geographic Diversification | %of | Market | ||||||||
Europe | 50.0 | % | $ | 23,169,798 | ||||||
United States | 31.4 | 14,521,503 | ||||||||
Japan | 12.5 | 5,771,501 | ||||||||
Asia/Pacific | 2.7 | 1,236,793 | ||||||||
Canada | 2.6 | 1,208,525 | ||||||||
Latin America | 0.8 | 379,260 | ||||||||
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100.0 | % | $ | 46,287,380 | |||||||
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3