The Gabelli Global Rising Income and Dividend Fund
Schedule of Investments — March 31, 2021 (Unaudited)
Shares | ||||||||
COMMON STOCKS — 98.7% | ||||||||
Aerospace and Defense — 1.2% | ||||||||
5,000 | Aerojet Rocketdyne Holdings Inc. | $ | 234,800 | |||||
1,600 | L3Harris Technologies Inc. | 324,288 | ||||||
6,000 | Ultra Electronics Holdings plc | 167,748 | ||||||
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726,836 | ||||||||
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Automotive — 0.9% | ||||||||
5,000 | Traton SE | 134,861 | ||||||
1,000 | Volkswagen AG. | 362,599 | ||||||
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497,460 | ||||||||
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Automotive: Parts and Accessories — 1.7% | ||||||||
18,000 | Dana Inc. | 437,940 | ||||||
2,000 | Genuine Parts Co. | 231,180 | ||||||
700 | Linamar Corp. | 41,269 | ||||||
33,000 | Uni-Select Inc.† | 238,171 | ||||||
1,000 | Veoneer Inc.† | 24,480 | ||||||
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973,040 | ||||||||
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Aviation: Parts and Services — 0.3% | ||||||||
32,000 | Signature Aviation plc† | 178,358 | ||||||
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Broadcasting — 1.1% | ||||||||
20,000 | Sinclair Broadcast Group Inc., Cl. A | 585,200 | ||||||
1,500 | ViacomCBS Inc., Cl. A | 70,755 | ||||||
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655,955 | ||||||||
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Building and Construction — 3.4% | ||||||||
333 | Arcosa Inc. | 21,675 | ||||||
500 | Chofu Seisakusho Co. Ltd. | 9,813 | ||||||
16,000 | GCP Applied Technologies Inc.† | 392,640 | ||||||
10,000 | Herc Holdings Inc.† | 1,013,300 | ||||||
6,000 | Johnson Controls International plc | 358,020 | ||||||
1,600 | Lennar Corp., Cl. B | 131,744 | ||||||
200 | Sika AG | 57,134 | ||||||
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1,984,326 | ||||||||
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Business Services — 1.5% | ||||||||
17,000 | JCDecaux SA†. | 428,622 | ||||||
11,500 | Matthews International Corp., Cl. A | 454,825 | ||||||
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883,447 | ||||||||
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Cable and Satellite — 2.0% | ||||||||
514 | DISH Network Corp., Cl. A† | 18,607 | ||||||
800 | EchoStar Corp., Cl. A† | 19,200 | ||||||
4,000 | Liberty Global plc, Cl. A†. | 102,640 | ||||||
2,000 | Liberty Global plc, Cl. C†. | 51,080 | ||||||
8,000 | Liberty Latin America Ltd., Cl. A† | 102,640 | ||||||
595 | Liberty Latin America Ltd., Cl. C† | 7,723 | ||||||
19,000 | Rogers Communications Inc., Cl. B | 875,900 | ||||||
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1,177,790 | ||||||||
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Computer Software and Services — 0.9% | ||||||||
1,777 | AVEVA Group plc | 83,831 | ||||||
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Shares | Market Value | |||||||
28,000 | Hewlett Packard Enterprise Co. | $ | 440,720 | |||||
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524,551 | ||||||||
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Consumer Products — 7.4% | ||||||||
3,500 | Energizer Holdings Inc. | 166,110 | ||||||
21,000 | Essity AB, Cl. A | 663,655 | ||||||
13,034 | Hunter Douglas NV† | 1,027,150 | ||||||
2,000 | L’Oreal SA. | 766,477 | ||||||
2,000 | Salvatore Ferragamo SpA† | 38,371 | ||||||
12,000 | Scandinavian TobacCo.Group A/S | 230,229 | ||||||
4,500 | Svenska Cellulosa AB SCA, Cl. A† | 80,175 | ||||||
10,000 | Swedish Match AB | 780,677 | ||||||
6,200 | Terminix Global Holdings Inc.† | 295,554 | ||||||
7,000 | Unicharm Corp. | 293,655 | ||||||
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4,342,053 | ||||||||
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Consumer Services — 1.3% | ||||||||
12,000 | Ashtead Group plc. | 715,824 | ||||||
200 | Boyd Group Services Inc. | 33,889 | ||||||
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749,713 | ||||||||
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Diversified Industrial — 7.6% | ||||||||
600 | Aker ASA, Cl. A | 45,913 | ||||||
11,571 | Ampco-Pittsburgh Corp.† | 78,104 | ||||||
8,100 | Ardagh Group SA. | 205,821 | ||||||
9,000 | Bouygues SA | 360,851 | ||||||
1,000 | Crane Co. | 93,910 | ||||||
16,000 | EnPro Industries Inc. | 1,364,320 | ||||||
200 | Hyster-Yale Materials Handling Inc. | 17,424 | ||||||
7,000 | Jardine Matheson Holdings Ltd. | 457,730 | ||||||
17,000 | Jardine Strategic Holdings Ltd. | 561,340 | ||||||
3,500 | Macquarie Infrastructure Corp. | 111,335 | ||||||
14,500 | Myers Industries Inc. | 286,520 | ||||||
11,000 | Nilfisk Holding A/S† | 335,380 | ||||||
500 | Park-Ohio Holdings Corp. | 15,745 | ||||||
1,400 | Sulzer AG | 157,456 | ||||||
5,000 | Textron Inc. | 280,400 | ||||||
3,000 | Trinity Industries Inc. | 85,470 | ||||||
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4,457,719 | ||||||||
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Electronics — 10.2% | ||||||||
30,000 | Sony Group Corp. | 3,141,567 | ||||||
26,500 | Sony Group Corp., ADR | 2,809,265 | ||||||
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5,950,832 | ||||||||
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Energy and Energy Services — 1.6% | ||||||||
4,000 | BP plc, ADR | 97,400 | ||||||
12,000 | Landis+Gyr Group AG | 807,491 | ||||||
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904,891 | ||||||||
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Energy and Utilities — 3.7% | ||||||||
7,500 | CameCo.Corp. | 124,575 | ||||||
600 | Cheniere Energy Inc.† | 43,206 | ||||||
7,000 | National Fuel Gas Co. | 349,930 |
1
The Gabelli Global Rising Income and Dividend Fund
Schedule of Investments (Continued) — March 31, 2021 (Unaudited)
Shares | Market Value | |||||||
COMMON STOCKS (Continued) | ||||||||
Energy and Utilities (Continued) | ||||||||
15,000 | National Grid plc, ADR | $ | 888,600 | |||||
11,000 | Royal Dutch Shell plc, Cl. B | 202,447 | ||||||
18,000 | Severn Trent plc | 572,229 | ||||||
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2,180,987 | ||||||||
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Entertainment — 3.2% | ||||||||
9,000 | Discovery Inc., Cl. A† | 391,140 | ||||||
1,000 | Discovery Inc., Cl. C† | 36,890 | ||||||
36,000 | Grupo Televisa SAB, ADR†. | 318,960 | ||||||
25,000 | International Game Technology plc† | 401,250 | ||||||
120,000 | ITV plc† | 198,767 | ||||||
15,000 | Vivendi SE | 492,534 | ||||||
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1,839,541 | ||||||||
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Equipment and Supplies — 1.4% | ||||||||
4,500 | GraCo Inc. | 322,290 | ||||||
12,000 | Mueller Industries Inc. | 496,200 | ||||||
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818,490 | ||||||||
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Financial Services — 10.8% | ||||||||
1,000 | American Express Co. | 141,440 | ||||||
4,000 | American International Group Inc. | 184,840 | ||||||
3,000 | Bank of America Corp. | 116,070 | ||||||
3 | Berkshire Hathaway Inc., Cl. A† | 1,157,106 | ||||||
6,000 | Citigroup Inc. | 436,500 | ||||||
3,200 | Comerica Inc. | 229,568 | ||||||
8,000 | Deutsche Bank AG† | 96,000 | ||||||
5,000 | EXOR NV. | 421,820 | ||||||
27,000 | FinecoBank Banca FineCo SpA† | 441,856 | ||||||
80,000 | GAM Holding AG† | 210,591 | ||||||
1,600 | Julius Baer Group Ltd. | 102,316 | ||||||
15,800 | Kinnevik AB, Cl. A | 817,729 | ||||||
5,000 | Morgan Stanley | 388,300 | ||||||
35,000 | Resona Holdings Inc. | 146,923 | ||||||
2,500 | State Street Corp. | 210,025 | ||||||
1,000 | T. Rowe Price Group Inc. | 171,600 | ||||||
10,000 | The Bank of New York Mellon Corp. | 472,900 | ||||||
1,500 | The PNC Financial Services Group Inc. | 263,115 | ||||||
7,000 | UBS Group AG | 108,710 | ||||||
5,000 | Wells Fargo & Co. | 195,350 | ||||||
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6,312,759 | ||||||||
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Food and Beverage — 17.7% | ||||||||
2,000 | Campbell Soup Co. | 100,540 | ||||||
7,500 | Chr. Hansen Holding A/S† | 681,512 | ||||||
7,500 | Danone SA | 514,522 | ||||||
70,000 | Davide Campari-Milano NV | 784,114 | ||||||
6,000 | Diageo plc, ADR | 985,260 | ||||||
4,000 | Fomento Economico Mexicano SAB de CV, ADR | 301,320 | ||||||
2,000 | Heineken NV | 205,504 | ||||||
2,500 | Kellogg Co. | 158,250 |
Shares | Market Value | |||||||
4,000 | Kerry Group plc, Cl. A | $ | 503,323 | |||||
10,600 | Kikkoman Corp. | 630,878 | ||||||
5,000 | Maple Leaf Foods Inc., Toronto | 113,989 | ||||||
3,000 | McCormick & Co. Inc., Cl. V | 267,360 | ||||||
3,000 | McCormick & Co. Inc., Non-Voting | 267,480 | ||||||
14,000 | Nestlé SA | 1,560,345 | ||||||
3,500 | Pernod Ricard SA | 656,917 | ||||||
12,100 | Remy Cointreau SA | 2,234,873 | ||||||
6,000 | The Kraft Heinz Co. | 240,000 | ||||||
1,500 | Yakult Honsha Co. Ltd. | 75,864 | ||||||
300,000 | Yashili International Holdings Ltd.† | 25,855 | ||||||
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10,307,906 | ||||||||
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Health Care — 3.3% | ||||||||
20,000 | Achaogen Inc.†. | 518 | ||||||
4,000 | Bristol-Myers Squibb Co. | 252,520 | ||||||
10,000 | Clovis Oncology Inc.† | 70,200 | ||||||
8,000 | Cutera Inc.† | 240,400 | ||||||
700 | ICU Medical Inc.† | 143,808 | ||||||
4,666 | Idorsia Ltd.† | 125,098 | ||||||
1,600 | Johnson & Johnson | 262,960 | ||||||
2,500 | Patterson Cos. Inc. | 79,875 | ||||||
6,000 | Pfizer Inc. | 217,380 | ||||||
5,000 | Roche Holding AG, ADR | 202,800 | ||||||
25,000 | Viatris Inc.† | 349,250 | ||||||
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1,944,809 | ||||||||
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Hotels and Gaming — 2.6% | ||||||||
225,000 | Mandarin Oriental International Ltd.† | 400,500 | ||||||
190,000 | The Hongkong & Shanghai Hotels Ltd. | 188,922 | ||||||
220,000 | William Hill plc† | 824,954 | ||||||
800 | Wynn Resorts Ltd.† | 100,296 | ||||||
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1,514,672 | ||||||||
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Machinery — 4.5% | ||||||||
100,000 | CNH Industrial NV, Borsa Italiana† | 1,547,378 | ||||||
50,000 | CNH Industrial NV, New York† | 782,000 | ||||||
1,200 | Mueller Water Products Inc., Cl. A | 16,668 | ||||||
2,666 | NKT A/S† | 115,916 | ||||||
16,000 | Twin Disc Inc.† | 152,960 | ||||||
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2,614,922 | ||||||||
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Publishing — 0.9% | ||||||||
27,000 | The E.W. Scripps Co., Cl. A | 520,290 | ||||||
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Retail — 0.5% | ||||||||
2,600 | Nathan’s Famous Inc. | 164,034 | ||||||
2,000 | Walgreens Boots Alliance Inc. | 109,800 | ||||||
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273,834 | ||||||||
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Specialty Chemicals — 1.0% | ||||||||
700 | Ashland Global Holdings Inc. | 62,139 | ||||||
3,000 | International Flavors & Fragrances Inc. | 418,830 | ||||||
200 | The Chemours Co. | 5,582 |
2
The Gabelli Global Rising Income and Dividend Fund
Schedule of Investments (Continued) — March 31, 2021 (Unaudited)
Shares | Market Value | |||||||
COMMON STOCKS (Continued) | ||||||||
Specialty Chemicals (Continued) | ||||||||
4,000 | Valvoline Inc. | $ | 104,280 | |||||
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590,831 | ||||||||
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Telecommunications — 5.4% | ||||||||
11,000 | Deutsche Telekom AG | 221,488 | ||||||
17,000 | Deutsche Telekom AG, ADR | 344,080 | ||||||
50,000 | Koninklijke KPN NV | 169,690 | ||||||
1,600 | Lumen Technologies Inc. | 21,360 | ||||||
60,000 | Pharol SGPS SA†. | 8,232 | ||||||
3,000 | Proximus SA | 65,296 | ||||||
125,000 | Sistema PJSC FC, GDR | 1,130,000 | ||||||
63,000 | Telefonica Deutschland Holding AG | 184,700 | ||||||
100,000 | VEON Ltd., ADR† | 177,000 | ||||||
3,000 | Verizon Communications Inc. | 174,450 | ||||||
35,000 | Vodafone Group plc, ADR. | 645,050 | ||||||
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3,141,346 | ||||||||
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Wireless Communications — 2.6% | ||||||||
15,000 | Millicom International Cellular SA, SDR† | 577,091 | ||||||
7,500 | T-Mobile US Inc.† | 939,675 | ||||||
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1,516,766 | ||||||||
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TOTAL COMMON STOCKS | 57,584,124 | |||||||
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WARRANTS — 0.0% | ||||||||
Diversified Industrial — 0.0% | ||||||||
8,000 | Ampco-Pittsburgh Corp., expire 08/01/25† | 10,560 | ||||||
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|
Principal Amount | Market Value | |||||||
U.S. GOVERNMENT OBLIGATIONS — 1.3% | ||||||||
$746,000 | U.S. Treasury Bills, 0.020% to 0.035%††, 05/06/21 to 06/10/21 | $ | 745,986 | |||||
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TOTAL INVESTMENTS — 100.0% (Cost $39,221,901) | $ | 58,340,670 | ||||||
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† | Non-income producing security. | |
†† | Represents annualized yields at dates of purchase. | |
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
SDR | Swedish Depositary Receipt |
% of | ||||||||
Market | Market | |||||||
Geographic Diversification | Value | Value | ||||||
Europe | 47.5 | % | $ | 27,704,965 | ||||
United States | 34.0 | 19,845,320 | ||||||
Japan | 12.2 | 7,107,965 | ||||||
Asia/Pacific | 2.8 | 1,634,347 | ||||||
Canada | 2.4 | 1,427,793 | ||||||
Latin America | 1.1 | 620,280 | ||||||
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100.0 | % | $ | 58,340,670 | |||||
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3