1
The
Gabelli
Global
Rising
Income
and
Dividend
Fund
Schedule
of
Investments
—
March
31,
2023
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
—
78.8%
Aerospace
and
Defense
—
1.1%
8,000
Aerojet
Rocketdyne
Holdings
Inc.†
............
$
449,360
1,600
L3Harris
Technologies
Inc.
.......................
313,984
763,344
Automotive
—
2.8%
17,000
Daimler
Truck
Holding
AG†
.......................
573,560
42,000
Iveco
Group
NV†
......................................
397,415
40,000
Traton
SE
.................................................
782,141
1,000
Volkswagen
AG
........................................
171,351
1,924,467
Automotive:
Parts
and
Accessories
—
1.8%
20,000
Dana
Inc.
.................................................
301,000
2,000
Genuine
Parts
Co.
.....................................
334,620
1,400
Linamar
Corp.
..........................................
67,364
16,000
Uni-Select
Inc.†
........................................
551,683
1,254,667
Broadcasting
—
1.6%
1,500
Cogeco
Inc.
..............................................
67,514
19,000
Paramount
Global,
Cl. A
............................
490,960
32,000
Sinclair
Broadcast
Group
Inc.,
Cl. A
...........
549,120
1,107,594
Building
and
Construction
—
0.9%
500
Arcosa
Inc.
...............................................
31,555
500
Chofu
Seisakusho
Co.
Ltd.
........................
8,379
6,000
Johnson
Controls
International
plc
............
361,320
2,000
Lennar
Corp.,
Cl. B
...................................
178,620
300
Sika
AG
....................................................
83,775
663,649
Business
Services
—
1.2%
20,000
JCDecaux
SE†
..........................................
418,834
12,000
Matthews
International
Corp.,
Cl. A
...........
432,720
851,554
Cable
and
Satellite
—
2.2%
6,000
DISH
Network
Corp.,
Cl. A†
......................
55,980
800
EchoStar
Corp.,
Cl. A†
..............................
14,632
12,500
Liberty
Global
plc,
Cl. A†
..........................
243,750
10,000
Liberty
Global
plc,
Cl. C†
..........................
203,800
14,400
Liberty
Latin
America
Ltd.,
Cl. A†
..............
119,664
595
Liberty
Latin
America
Ltd.,
Cl. C†
..............
4,915
19,000
Rogers
Communications
Inc.,
Cl. B
...........
880,840
1,523,581
Computer
Software
and
Services
—
0.6%
28,000
Hewlett
Packard
Enterprise
Co.
.................
446,040
Consumer
Products
—
4.0%
7,500
Energizer
Holdings
Inc.
.............................
260,250
20,000
Essity
AB,
Cl. A
.........................................
577,127
2,000
L'Oreal
SA
................................................
892,001
5,000
Salvatore
Ferragamo
SpA
.........................
91,369
Shares
Market
Value
12,000
Scandinavian
Tobacco
Group
A/S
..............
$
237,927
6,800
Spectrum
Brands
Holdings
Inc.
................
450,296
6,200
Unicharm
Corp.
........................................
254,070
2,763,040
Consumer
Services
—
2.5%
11,500
Ashtead
Group
plc
....................................
703,362
200
Boyd
Group
Services
Inc.
.........................
31,970
9,200
Herc
Holdings
Inc.
....................................
1,047,880
1,783,212
Diversified
Industrial
—
6.5%
600
Aker
ASA,
Cl. A
.........................................
38,511
11,571
Ampco-Pittsburgh
Corp.†
.........................
28,349
9,000
Ardagh
Group
SA†
...................................
91,800
30,000
Bollore
SE
................................................
185,124
12,000
Bouygues
SA
............................................
404,605
1,200
Crane
Holdings
Co.
...................................
136,200
13,000
EnPro
Industries
Inc.
................................
1,350,570
7,000
Hyster-Yale
Materials
Handling
Inc.
...........
349,230
12,000
Jardine
Matheson
Holdings
Ltd.
................
582,840
14,500
Myers
Industries
Inc.
................................
310,735
11,500
Nilfisk
Holding
A/S†
.................................
226,339
2,600
Park-Ohio
Holdings
Corp.
.........................
31,408
3,000
Sulzer
AG
.................................................
253,948
4,000
Svenska
Cellulosa
AB
SCA,
Cl. A
...............
53,184
6,000
Textron
Inc.
..............................................
423,780
3,000
Trinity
Industries
Inc.
................................
73,080
4,539,703
Electronics
—
6.2%
24,000
Sony
Group
Corp.
.....................................
2,166,372
24,000
Sony
Group
Corp.,
ADR
............................
2,175,600
4,341,972
Energy
and
Energy
Services
—
1.6%
4,000
BP
plc,
ADR
.............................................
151,760
12,500
Landis+Gyr
Group
AG
...............................
957,019
1,108,779
Energy
and
Utilities
—
3.4%
7,500
Cameco
Corp.
..........................................
196,275
600
Cheniere
Energy
Inc.
................................
94,560
7,000
National
Fuel
Gas
Co.
................................
404,180
11,000
National
Grid
plc,
ADR
..............................
747,890
17,500
Severn
Trent
plc
.......................................
621,519
11,000
Shell
plc
...................................................
313,254
2,377,678
Energy
and
Utilities:
Services
—
0.0%
700
Dril-Quip
Inc.†
..........................................
20,083
Entertainment
—
2.8%
36,000
Corus
Entertainment
Inc.,
Cl. B
.................
45,816
55,000
Grupo
Televisa
SAB,
ADR
.........................
290,950
13,000
International
Game
Technology
plc
............
348,400
2
The
Gabelli
Global
Rising
Income
and
Dividend
Fund
Schedule
of
Investments
(Continued)
—
March
31,
2023
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
(Continued)
Entertainment
(Continued)
120,000
ITV
plc
.....................................................
$
122,570
40,000
Tencent
Music
Entertainment
Group,
ADR†
331,200
10,000
Universal
Music
Group
NV
........................
252,743
26,000
Vivendi
SE
................................................
262,232
20,000
Warner
Bros
Discovery
Inc.†
....................
302,000
1,955,911
Equipment
and
Supplies
—
1.9%
200
AMETEK
Inc.
............................................
29,066
4,500
Graco
Inc.
................................................
328,545
40,000
Instalco
AB
..............................................
192,620
10,700
Mueller
Industries
Inc.
..............................
786,236
1,336,467
Financial
Services
—
7.9%
1,000
American
Express
Co.
...............................
164,950
2,000
American
International
Group
Inc.
.............
100,720
3,000
Bank
of
America
Corp.
..............................
85,800
3
Berkshire
Hathaway
Inc.,
Cl. A†
................
1,396,800
7,500
Citigroup
Inc.
...........................................
351,675
3,200
Comerica
Inc.
...........................................
138,944
8,000
Deutsche
Bank
AG
....................................
81,680
5,500
EXOR
NV†
................................................
452,367
27,000
FinecoBank
Banca
Fineco
SpA
...................
414,040
100,000
GAM
Holding
AG†
....................................
60,768
1,600
Julius
Baer
Group
Ltd.
..............................
108,981
16,500
Kinnevik
AB,
Cl. A†
...................................
268,032
4,400
Morgan
Stanley
........................................
386,320
40,000
Resona
Holdings
Inc.
...............................
192,657
3,000
State
Street
Corp.
.....................................
227,070
1,000
T.
Rowe
Price
Group
Inc.
..........................
112,900
10,000
The
Bank
of
New
York
Mellon
Corp.
..........
454,400
1,500
The
PNC
Financial
Services
Group
Inc.
......
190,650
7,000
UBS
Group
AG
.........................................
149,380
4,000
Wells
Fargo
&
Co.
....................................
149,520
5,487,654
Food
and
Beverage
—
15.4%
5,000
Campbell
Soup
Co.
...................................
274,900
8,000
Chr.
Hansen
Holding
A/S
...........................
606,753
6,000
Danone
SA
...............................................
372,916
45,000
Davide
Campari-Milano
NV
.......................
549,028
6,000
Diageo
plc,
ADR
.......................................
1,087,080
6,000
Fomento
Economico
Mexicano
SAB
de
CV,
ADR
.....................................................
571,140
2,000
Heineken
NV
............................................
214,861
2,500
Kellogg
Co.
..............................................
167,400
4,000
Kerry
Group
plc,
Cl. A
...............................
399,096
10,600
Kikkoman
Corp.
........................................
538,083
10,000
Maple
Leaf
Foods
Inc.
..............................
193,489
3,000
McCormick
&
Co.
Inc.
..............................
247,800
3,000
McCormick
&
Co.
Inc.,
Non-Voting
...........
249,630
Shares
Market
Value
4,000
Molson
Coors
Beverage
Co.,
Cl. B
.............
$
206,720
14,000
Nestlé
SA
.................................................
1,705,492
3,500
Pernod
Ricard
SA
.....................................
792,173
12,100
Remy
Cointreau
SA
..................................
2,204,572
5,400
The
Kraft
Heinz
Co.
...................................
208,818
1,500
Yakult
Honsha
Co.
Ltd.
.............................
108,793
300,000
Yashili
International
Holdings
Ltd.†
...........
45,096
10,743,840
Health
Care
—
2.1%
20,000
Achaogen
Inc.†(a)
....................................
0
4,000
Bristol-Myers
Squibb
Co.
..........................
277,240
8,000
Clovis
Oncology
Inc.†
...............................
871
5,000
Cutera
Inc.†
.............................................
118,100
800
GSK
plc,
ADR
...........................................
28,464
1,000
Haleon
plc,
ADR
.......................................
8,140
700
ICU
Medical
Inc.†
.....................................
115,472
4,666
Idorsia
Ltd.†
............................................
51,099
1,600
Johnson
&
Johnson
.................................
248,000
6,000
Pfizer
Inc.
................................................
244,800
5,000
Roche
Holding
AG,
ADR
...........................
179,300
18,000
Viatris
Inc.
...............................................
173,160
1,444,646
Hotels
and
Gaming
—
1.0%
190,000
Mandarin
Oriental
International
Ltd.†
........
328,700
200,000
The
Hongkong
&
Shanghai
Hotels
Ltd.†
....
199,238
1,400
Wynn
Resorts
Ltd.†
..................................
156,674
684,612
Machinery
—
3.5%
90,000
CNH
Industrial
NV,
Borsa
Italiana
..............
1,374,278
50,000
CNH
Industrial
NV,
New
York
....................
763,500
2,666
NKT
A/S†
.................................................
138,552
15,024
Twin
Disc
Inc.†
.........................................
144,531
2,420,861
Publishing
—
0.3%
26,000
The
E.W.
Scripps
Co.,
Cl. A†
.....................
244,660
Retail
—
1.1%
4,000
Nathan's
Famous
Inc.
...............................
302,400
11,000
Walgreens
Boots
Alliance
Inc.
...................
380,380
1,700
Zalando
SE†
.............................................
71,054
753,834
Specialty
Chemicals
—
0.8%
700
Ashland
Inc.
.............................................
71,897
3,700
International
Flavors
&
Fragrances
Inc.
.....
340,252
1,500
Livent
Corp.†
...........................................
32,580
200
The
Chemours
Co.
....................................
5,988
4,000
Valvoline
Inc.
...........................................
139,760
590,477
Telecommunications
—
3.1%
800
Cogeco
Communications
Inc.
...................
38,967
3
The
Gabelli
Global
Rising
Income
and
Dividend
Fund
Schedule
of
Investments
(Continued)
—
March
31,
2023
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
(Continued)
Telecommunications
(Continued)
11,000
Deutsche
Telekom
AG
...............................
$
266,624
20,000
Deutsche
Telekom
AG,
ADR
......................
483,800
280,000
HKBN
Ltd.
................................................
207,238
75,000
Koninklijke
KPN
NV
..................................
264,835
3,000
Lumen
Technologies
Inc.
..........................
7,950
4,000
Orange
Belgium
SA†
................................
66,198
60,000
Pharol
SGPS
SA†
.....................................
3,527
1,000
Prosus
NV
................................................
78,019
10,000
Proximus
SA
............................................
96,456
130,000
Sistema
PJSC
FC,
GDR†(a)
.......................
65,000
120,000
Telefonica
Deutschland
Holding
AG
...........
369,207
4,700
VEON
Ltd.,
ADR†
.....................................
82,814
3,000
Verizon
Communications
Inc.
...................
116,670
2,147,305
Wireless
Telecommunications
—
2.5%
22,000
Millicom
International
Cellular
SA,
SDR†
...
416,408
6,200
T-Mobile
US
Inc.†
.....................................
898,008
42,000
Vodafone
Group
plc,
ADR
.........................
463,680
1,778,096
TOTAL
COMMON
STOCKS
..................
55,057,726
WARRANTS
—
0.0%
Diversified
Industrial
—
0.0%
8,000
Ampco-Pittsburgh
Corp.,
expire
08/01/25†
4,399
Principal
Amount
U.S.
GOVERNMENT
OBLIGATIONS
—
21.2%
$
14,890,000
U.S.
Treasury
Bills,
4.580%
to
4.705%††,
04/27/23
to
06/15/23
............................
14,825,047
TOTAL
INVESTMENTS
—
100.0%
(Cost
$54,265,783)
...............................
$
69,887,172
(a)
Security
is
valued
using
significant
unobservable
inputs
and
is
classified
as
Level
3
in
the
fair
value
hierarchy.
†
Non-income
producing
security.
††
Represents
annualized
yields
at
dates
of
purchase.
ADR
American
Depositary
Receipt
GDR
Global
Depositary
Receipt
SDR
Swedish
Depositary
Receipt
Geographic
Diversification
%
of
Market
Value
Market
Value
United
States
........................
49.8
%
$
34,823,193
Europe
..............................
35.8
24,989,705
Japan
...............................
7.8
5,443,954
Canada
..............................
3.0
2,073,918
Asia/Pacific
.........................
2.4
1,694,312
Latin
America
.......................
1.2
862,090
100.0%
$
69,887,172