1
The
Gabelli
Global
Rising
Income
and
Dividend
Fund
Schedule
of
Investments
—
September
30,
2023
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
—
89.8%
Aerospace
and
Defense
—
0.9%
1,600
L3Harris
Technologies
Inc.
.......................
$
278,592
100,000
Rolls-Royce
Holdings
plc†
........................
269,520
548,112
Automotive
—
3.6%
18,500
Daimler
Truck
Holding
AG
.........................
641,930
42,000
Iveco
Group
NV†
......................................
393,513
42,000
Traton
SE
.................................................
884,982
1,000
Volkswagen
AG
........................................
131,839
2,052,264
Automotive:
Parts
and
Accessories
—
1.1%
20,000
Dana
Inc.
.................................................
293,400
2,000
Genuine
Parts
Co.
.....................................
288,760
1,000
Linamar
Corp.
..........................................
48,172
630,332
Broadcasting
—
1.7%
2,000
Cogeco
Inc.
..............................................
72,549
31,500
Paramount
Global,
Cl. A
............................
497,385
36,500
Sinclair
Inc.
..............................................
409,530
979,464
Building
and
Construction
—
3.0%
500
Arcosa
Inc.
...............................................
35,950
500
Chofu
Seisakusho
Co.
Ltd.
........................
7,013
9,200
Herc
Holdings
Inc.
....................................
1,094,248
6,000
Johnson
Controls
International
plc
............
319,260
2,000
Lennar
Corp.,
Cl. B
...................................
204,460
300
Sika
AG
....................................................
76,397
1,737,328
Business
Services
—
1.5%
22,000
JCDecaux
SE†
..........................................
372,617
12,000
Matthews
International
Corp.,
Cl. A
...........
466,920
839,537
Cable
and
Satellite
—
2.4%
6,000
DISH
Network
Corp.,
Cl. A†
......................
35,160
3,000
EchoStar
Corp.,
Cl. A†
..............................
50,250
15,000
Liberty
Global
plc,
Cl. A†
..........................
256,800
9,000
Liberty
Global
plc,
Cl. C†
..........................
167,040
14,400
Liberty
Latin
America
Ltd.,
Cl. A†
..............
117,504
595
Liberty
Latin
America
Ltd.,
Cl. C†
..............
4,855
19,000
Rogers
Communications
Inc.,
Cl. B
...........
729,410
1,361,019
Computer
Software
and
Services
—
0.8%
28,000
Hewlett
Packard
Enterprise
Co.
.................
486,360
Consumer
Products
—
4.4%
7,500
Energizer
Holdings
Inc.
.............................
240,300
20,000
Essity
AB,
Cl. A
.........................................
432,930
2,000
L'Oreal
SA
................................................
831,422
5,800
Salvatore
Ferragamo
SpA
.........................
76,896
Shares
Market
Value
12,000
Scandinavian
Tobacco
Group
A/S
..............
$
182,863
6,800
Spectrum
Brands
Holdings
Inc.
................
532,780
6,200
Unicharm
Corp.
........................................
219,514
2,516,705
Consumer
Services
—
1.3%
11,500
Ashtead
Group
plc
....................................
701,838
200
Boyd
Group
Services
Inc.
.........................
35,565
737,403
Diversified
Industrial
—
7.8%
600
Aker
ASA,
Cl. A
.........................................
36,993
11,571
Ampco-Pittsburgh
Corp.†
.........................
30,432
9,000
Ardagh
Group
SA†
...................................
33,345
34,000
Bollore
SE
................................................
182,968
12,000
Bouygues
SA
............................................
420,447
1,200
Crane
Co.
.................................................
106,608
11,200
EnPro
Industries
Inc.
................................
1,357,328
7,000
Hyster-Yale
Materials
Handling
Inc.
...........
312,060
12,000
Jardine
Matheson
Holdings
Ltd.
................
557,040
15,000
Myers
Industries
Inc.
................................
268,950
11,500
Nilfisk
Holding
A/S†
.................................
202,468
2,600
Park-Ohio
Holdings
Corp.
.........................
51,766
3,000
Sulzer
AG
.................................................
287,267
4,000
Svenska
Cellulosa
AB
SCA,
Cl. A
...............
54,917
6,000
Textron
Inc.
..............................................
468,840
3,000
Trinity
Industries
Inc.
................................
73,050
4,444,479
Electronics
—
6.8%
23,200
Sony
Group
Corp.
.....................................
1,900,214
24,000
Sony
Group
Corp.,
ADR
............................
1,977,840
3,878,054
Energy
and
Utilities
—
6.2%
4,000
BP
plc,
ADR
.............................................
154,880
7,500
Cameco
Corp.
..........................................
297,300
600
Cheniere
Energy
Inc.
................................
99,576
1,500
Dril-Quip
Inc.†
..........................................
42,255
12,000
Landis+Gyr
Group
AG
...............................
869,176
11,000
National
Fuel
Gas
Co.
................................
571,010
11,000
National
Grid
plc,
ADR
..............................
666,930
17,000
Severn
Trent
plc
.......................................
490,541
11,000
Shell
plc
...................................................
349,754
3,541,422
Entertainment
—
3.4%
35,000
Corus
Entertainment
Inc.,
Cl. B
.................
26,542
60,000
Grupo
Televisa
SAB,
ADR
.........................
183,000
13,000
International
Game
Technology
plc
............
394,160
115,000
ITV
plc
.....................................................
99,088
44,000
Tencent
Music
Entertainment
Group,
ADR†
280,720
1,000
Ubisoft
Entertainment
SA†
........................
32,521
10,000
Universal
Music
Group
NV
........................
261,458
50,000
Vivendi
SE
................................................
438,547
2
The
Gabelli
Global
Rising
Income
and
Dividend
Fund
Schedule
of
Investments
(Continued)
—
September
30,
2023
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
(Continued)
Entertainment
(Continued)
20,000
Warner
Bros
Discovery
Inc.†
....................
$
217,200
1,933,236
Equipment
and
Supplies
—
2.0%
200
AMETEK
Inc.
............................................
29,552
5,000
Ardagh
Metal
Packaging
SA
......................
15,650
4,500
Graco
Inc.
................................................
327,960
40,000
Instalco
AB
..............................................
118,987
8,500
Mueller
Industries
Inc.
..............................
638,860
1,131,009
Financial
Services
—
9.9%
1,000
American
Express
Co.
...............................
149,190
1,800
American
International
Group
Inc.
.............
109,080
3,000
Bank
of
America
Corp.
..............................
82,140
3
Berkshire
Hathaway
Inc.,
Cl. A†
................
1,594,431
12,000
Citigroup
Inc.
...........................................
493,560
3,200
Comerica
Inc.
...........................................
132,960
8,000
Deutsche
Bank
AG
....................................
87,920
5,500
EXOR
NV
.................................................
488,101
27,000
FinecoBank
Banca
Fineco
SpA
...................
328,704
125,000
GAM
Holding
AG†
....................................
61,793
1,600
Julius
Baer
Group
Ltd.
..............................
102,885
15,000
Kinnevik
AB,
Cl. A†
...................................
151,297
4,400
Morgan
Stanley
........................................
359,348
40,000
Resona
Holdings
Inc.
...............................
221,708
4,000
State
Street
Corp.
.....................................
267,840
1,000
T.
Rowe
Price
Group
Inc.
..........................
104,870
10,000
The
Bank
of
New
York
Mellon
Corp.
..........
426,500
1,500
The
PNC
Financial
Services
Group
Inc.
......
184,155
7,000
UBS
Group
AG
.........................................
172,550
4,000
Wells
Fargo
&
Co.
....................................
163,440
5,682,472
Food
and
Beverage
—
16.4%
10,000
Campbell
Soup
Co.
...................................
410,800
7,500
Chr.
Hansen
Holding
A/S
...........................
459,710
5,700
Danone
SA
...............................................
314,936
45,000
Davide
Campari-Milano
NV
.......................
531,189
6,000
Diageo
plc,
ADR
.......................................
895,080
6,400
Fomento
Economico
Mexicano
SAB
de
CV,
ADR
.....................................................
698,560
1,700
General
Mills
Inc.
.....................................
108,783
2,000
Heineken
NV
............................................
176,476
2,500
Kellanova
.................................................
148,775
4,000
Kerry
Group
plc,
Cl. A
...............................
328,065
10,600
Kikkoman
Corp.
........................................
556,386
10,000
Maple
Leaf
Foods
Inc.
..............................
192,159
3,000
McCormick
&
Co.
Inc.
..............................
236,640
3,000
McCormick
&
Co.
Inc.,
Non-Voting
...........
226,920
3,600
Molson
Coors
Beverage
Co.,
Cl. B
.............
228,924
14,000
Nestlé
SA
.................................................
1,586,672
Shares
Market
Value
3,500
Pernod
Ricard
SA
.....................................
$
584,104
12,100
Remy
Cointreau
SA
..................................
1,479,479
5,400
The
Kraft
Heinz
Co.
...................................
181,656
3,000
Yakult
Honsha
Co.
Ltd.
.............................
72,932
9,418,246
Health
Care
—
2.4%
20,000
Achaogen
Inc.†(a)
....................................
0
4,000
Bristol-Myers
Squibb
Co.
..........................
232,160
5,000
Cutera
Inc.†
.............................................
30,100
800
GSK
plc,
ADR
...........................................
29,000
9,000
Haleon
plc,
ADR
.......................................
74,970
700
ICU
Medical
Inc.†
.....................................
83,307
4,666
Idorsia
Ltd.†
............................................
13,203
1,400
Johnson
&
Johnson
.................................
218,050
4,000
Perrigo
Co.
plc
.........................................
127,800
6,000
Pfizer
Inc.
................................................
199,020
5,000
Roche
Holding
AG,
ADR
...........................
169,650
18,000
Viatris
Inc.
...............................................
177,480
1,354,740
Hotels
and
Gaming
—
1.1%
190,000
Mandarin
Oriental
International
Ltd.
..........
323,950
200,000
The
Hongkong
&
Shanghai
Hotels
Ltd.†
....
160,645
1,400
Wynn
Resorts
Ltd.
...................................
129,374
613,969
Machinery
—
3.8%
90,000
CNH
Industrial
NV,
Borsa
Italiana
..............
1,098,060
50,000
CNH
Industrial
NV,
New
York
....................
605,000
2,666
NKT
A/S†
.................................................
139,452
2,000
Tennant
Co.
..............................................
148,300
15,024
Twin
Disc
Inc.†
.........................................
206,129
2,196,941
Publishing
—
0.2%
26,000
The
E.W.
Scripps
Co.,
Cl. A†
.....................
142,480
Retail
—
1.7%
4,000
Nathan's
Famous
Inc.
...............................
282,640
29,000
Walgreens
Boots
Alliance
Inc.
...................
644,960
1,700
Zalando
SE†
.............................................
37,977
965,577
Specialty
Chemicals
—
0.7%
700
Ashland
Inc.
.............................................
57,176
1,000
Darling
Ingredients
Inc.†
..........................
52,200
4,000
International
Flavors
&
Fragrances
Inc.
.....
272,680
1,500
Livent
Corp.†
...........................................
27,615
200
The
Chemours
Co.
....................................
5,610
415,281
Telecommunications
—
3.4%
1,000
Cogeco
Communications
Inc.
...................
46,288
11,000
Deutsche
Telekom
AG
...............................
231,060
20,000
Deutsche
Telekom
AG,
ADR
......................
419,200
3
The
Gabelli
Global
Rising
Income
and
Dividend
Fund
Schedule
of
Investments
(Continued)
—
September
30,
2023
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
(Continued)
Telecommunications
(Continued)
280,000
HKBN
Ltd.
................................................
$
114,060
75,000
Koninklijke
KPN
NV
..................................
247,317
4,000
Orange
Belgium
SA†
................................
58,106
60,000
Pharol
SGPS
SA†
.....................................
2,652
2,180
Prosus
NV†
..............................................
64,338
13,000
Proximus
SA
............................................
105,803
130,000
Sistema
PJSC
FC,
GDR†(a)
.......................
65,000
125,000
Telefonica
Deutschland
Holding
AG
...........
224,005
13,000
VEON
Ltd.,
ADR†
.....................................
253,500
3,000
Verizon
Communications
Inc.
...................
97,230
1,928,559
Wireless
Telecommunications
—
3.3%
22,000
Millicom
International
Cellular
SA,
SDR†
...
341,813
6,200
T-Mobile
US
Inc.†
.....................................
868,310
75,000
Vodafone
Group
plc,
ADR
.........................
711,000
1,921,123
TOTAL
COMMON
STOCKS
..................
51,456,112
WARRANTS
—
0.0%
Diversified
Industrial
—
0.0%
8,000
Ampco-Pittsburgh
Corp.,
expire
08/01/25†
2,560
Principal
Amount
U.S.
GOVERNMENT
OBLIGATIONS
—
10.2%
$
5,870,000
U.S.
Treasury
Bills,
5.024%
to
5.379%††,
11/02/23
to
12/28/23
............................
5,838,625
TOTAL
INVESTMENTS
—
100.0%
(Cost
$47,413,187)
...............................
$
57,297,297
(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
........................
44.8
%
$
25,671,340
Europe
..............................
40.0
22,904,391
Japan
...............................
8.7
4,955,607
Canada
..............................
2.5
1,447,984
Asia/Pacific
Rim
....................
2.5
1,436,415
Latin
America
.......................
1.5
881,560
100.0%
$
57,297,297