1
The
Gabelli
Global
Rising
Income
and
Dividend
Fund
Schedule
of
Investments
—
March
31,
2024
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
—
97
.8
%
Aerospace
and
Defense
—
1
.5
%
1,600
L3Harris
Technologies
Inc.
.......................
$
340,960
100,000
Rolls-Royce
Holdings
plc
†
........................
538,559
879,519
Automotive
—
5
.3
%
18,500
Daimler
Truck
Holding
AG
.........................
937,262
50,000
Iveco
Group
NV
†
......................................
744,406
35,000
Traton
SE
.................................................
1,258,910
1,000
Volkswagen
AG
........................................
152,765
3,093,343
Automotive:
Parts
and
Accessories
—
1
.0
%
20,000
Dana
Inc.
.................................................
254,000
2,000
Genuine
Parts
Co.
.....................................
309,860
800
Linamar
Corp.
..........................................
42,523
606,383
Broadcasting
—
2
.1
%
1,500
Cogeco
Inc.
..............................................
63,010
33,000
Paramount
Global
,
Cl. A
............................
720,390
35,000
Sinclair
Inc.
..............................................
471,450
1,254,850
Building
and
Construction
—
4
.1
%
500
Arcosa
Inc.
...............................................
42,930
500
Chofu
Seisakusho
Co.
Ltd.
........................
7,111
9,200
Herc
Holdings
Inc.
....................................
1,548,360
6,000
Johnson
Controls
International
plc
............
391,920
2,000
Lennar
Corp.
,
Cl. B
...................................
308,360
300
Sika
AG
....................................................
89,350
2,388,031
Business
Services
—
1
.4
%
23,000
JCDecaux
SE
†
..........................................
446,644
12,000
Matthews
International
Corp.
,
Cl. A
...........
372,960
819,604
Cable
and
Satellite
—
1
.7
%
5,105
EchoStar
Corp.
,
Cl. A
†
..............................
72,746
16,000
Liberty
Latin
America
Ltd.
,
Cl. A
†
..............
111,520
595
Liberty
Latin
America
Ltd.
,
Cl. C
†
..............
4,159
19,000
Rogers
Communications
Inc.
,
Cl. B
...........
779,000
967,425
Computer
Software
and
Services
—
0
.8
%
28,000
Hewlett
Packard
Enterprise
Co.
.................
496,440
Consumer
Products
—
4
.6
%
7,500
Energizer
Holdings
Inc.
.............................
220,800
20,000
Essity
AB
,
Cl. A
.........................................
476,457
2,000
L'Oreal
SA
................................................
946,475
6,200
Salvatore
Ferragamo
SpA
.........................
75,384
10,000
Scandinavian
Tobacco
Group
A/S
..............
179,061
6,800
Spectrum
Brands
Holdings
Inc.
................
605,268
Shares
Market
Value
6,200
Unicharm
Corp.
........................................
$
197,370
2,700,815
Consumer
Services
—
1
.5
%
11,500
Ashtead
Group
plc
....................................
818,631
200
Boyd
Group
Services
Inc.
.........................
42,287
860,918
Diversified
Industrial
—
8
.5
%
600
Aker
ASA
,
Cl. A
.........................................
34,459
11,571
Ampco-Pittsburgh
Corp.
†
.........................
25,109
9,000
Ardagh
Group
SA
†
...................................
40,095
34,000
Bollore
SE
................................................
227,055
12,000
Bouygues
SA
............................................
489,755
1,200
Crane
Co.
.................................................
162,156
8,000
Enpro
Inc.
................................................
1,350,160
7,000
Hyster-Yale
Materials
Handling
Inc.
...........
449,190
12,000
Jardine
Matheson
Holdings
Ltd.
................
447,600
15,000
Myers
Industries
Inc.
................................
347,550
11,000
Nilfisk
Holding
A/S
†
.................................
225,605
2,600
Park-Ohio
Holdings
Corp.
.........................
69,368
3,000
Sulzer
AG
.................................................
364,916
3,600
Svenska
Cellulosa
AB
SCA
,
Cl. A
...............
55,224
6,000
Textron
Inc.
..............................................
575,580
3,000
Trinity
Industries
Inc.
................................
83,550
4,947,372
Electronics
—
6
.6
%
21,000
Sony
Group
Corp.
.....................................
1,793,698
24,000
Sony
Group
Corp.
,
ADR
............................
2,057,760
3,851,458
Energy
and
Utilities
—
6
.4
%
4,000
BP
plc
,
ADR
.............................................
150,720
7,500
Cameco
Corp.
..........................................
324,900
600
Cheniere
Energy
Inc.
................................
96,768
1,500
Dril-Quip
Inc.
†
..........................................
33,795
11,500
Landis+Gyr
Group
AG
...............................
883,046
11,500
National
Fuel
Gas
Co.
................................
617,780
11,000
National
Grid
plc
,
ADR
..............................
750,420
17,000
Severn
Trent
plc
.......................................
529,977
11,000
Shell
plc
...................................................
364,446
3,751,852
Entertainment
—
3
.9
%
30,000
Corus
Entertainment
Inc.
,
Cl. B
.................
16,168
80,000
Grupo
Televisa
SAB
,
ADR
.........................
256,000
13,000
International
Game
Technology
plc
............
293,670
115,000
ITV
plc
.....................................................
107,264
20,000
Ollamani
SAB
†
.........................................
36,127
44,000
Tencent
Music
Entertainment
Group
,
ADR
†
492,360
1,500
Ubisoft
Entertainment
SA
†
........................
31,565
10,000
Universal
Music
Group
NV
........................
300,783
50,000
Vivendi
SE
................................................
544,819
2
The
Gabelli
Global
Rising
Income
and
Dividend
Fund
Schedule
of
Investments
(Continued)
—
March
31,
2024
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
(Continued)
Entertainment
(Continued)
20,000
Warner
Bros
Discovery
Inc.
†
....................
$
174,600
2,253,356
Equipment
and
Supplies
—
2
.4
%
200
AMETEK
Inc.
............................................
36,580
5,000
Ardagh
Metal
Packaging
SA
......................
17,150
3,000
Graco
Inc.
................................................
280,380
40,000
Instalco
AB
..............................................
157,997
17,000
Mueller
Industries
Inc.
..............................
916,810
1,408,917
Financial
Services
—
11
.9
%
1,000
American
Express
Co.
...............................
227,690
1,800
American
International
Group
Inc.
.............
140,706
3,000
Bank
of
America
Corp.
..............................
113,760
3
Berkshire
Hathaway
Inc.
,
Cl. A
†
................
1,903,320
10,000
Citigroup
Inc.
...........................................
632,400
3,200
Comerica
Inc.
...........................................
175,968
8,000
Deutsche
Bank
AG
....................................
126,160
5,500
EXOR
NV
.................................................
611,465
27,000
FinecoBank
Banca
Fineco
SpA
...................
404,455
107,000
GAM
Holding
AG
†
....................................
31,026
1,600
Julius
Baer
Group
Ltd.
..............................
92,397
14,000
Kinnevik
AB
,
Cl. A
†
...................................
157,735
4,400
Morgan
Stanley
........................................
414,304
40,000
Resona
Holdings
Inc.
...............................
246,268
4,000
State
Street
Corp.
.....................................
309,280
1,000
T.
Rowe
Price
Group
Inc.
..........................
121,920
10,000
The
Bank
of
New
York
Mellon
Corp.
..........
576,200
1,500
The
PNC
Financial
Services
Group
Inc.
......
242,400
7,000
UBS
Group
AG
.........................................
215,040
4,000
Wells
Fargo
&
Co.
....................................
231,840
6,974,334
Food
and
Beverage
—
15
.1
%
10,000
Campbell
Soup
Co.
...................................
444,500
5,000
Danone
SA
...............................................
323,062
40,000
Davide
Campari-Milano
NV
.......................
401,936
6,000
Diageo
plc
,
ADR
.......................................
892,440
6,400
Fomento
Economico
Mexicano
SAB
de
CV
,
ADR
.....................................................
833,728
1,700
General
Mills
Inc.
.....................................
118,949
2,000
Heineken
NV
............................................
192,769
2,500
Kellanova
.................................................
143,225
4,000
Kerry
Group
plc
,
Cl. A
...............................
347,606
53,000
Kikkoman
Corp.
........................................
677,817
10,000
Maple
Leaf
Foods
Inc.
..............................
163,966
3,000
McCormick
&
Co.
Inc.
..............................
232,260
3,000
McCormick
&
Co.
Inc.,
Non-Voting
...........
230,430
3,600
Molson
Coors
Beverage
Co.
,
Cl. B
.............
242,100
14,000
Nestlé
SA
.................................................
1,486,389
3,500
Pernod
Ricard
SA
.....................................
566,207
Shares
Market
Value
12,100
Remy
Cointreau
SA
..................................
$
1,219,774
5,400
The
Kraft
Heinz
Co.
...................................
199,260
625
WK
Kellogg
Co.
........................................
11,750
5,000
Yakult
Honsha
Co.
Ltd.
.............................
102,127
8,830,295
Health
Care
—
2
.1
%
20,000
Achaogen
Inc.
†
(a)
....................................
0
4,000
Bristol-Myers
Squibb
Co.
..........................
216,920
3,500
Cutera
Inc.
†
.............................................
5,145
800
GSK
plc
,
ADR
...........................................
34,296
9,000
Haleon
plc
,
ADR
.......................................
76,410
700
ICU
Medical
Inc.
†
.....................................
75,124
4,666
Idorsia
Ltd.
†
............................................
14,632
1,400
Johnson
&
Johnson
.................................
221,466
4,000
Perrigo
Co.
plc
.........................................
128,760
6,000
Pfizer
Inc.
................................................
166,500
5,000
Roche
Holding
AG
,
ADR
...........................
159,600
10,000
Viatris
Inc.
...............................................
119,400
1,218,253
Hotels
and
Gaming
—
1
.2
%
2,500
Caesars
Entertainment
Inc.
†
.....................
109,350
190,000
Mandarin
Oriental
International
Ltd.
..........
295,450
200,000
The
Hongkong
&
Shanghai
Hotels
Ltd.
†
....
152,040
1,400
Wynn
Resorts
Ltd.
...................................
143,122
699,962
Machinery
—
4
.3
%
140,000
CNH
Industrial
NV,
New
York
....................
1,814,400
2,666
NKT
A/S
†
.................................................
219,793
2,000
Tennant
Co.
..............................................
243,220
15,024
Twin
Disc
Inc.
...........................................
248,347
2,525,760
Publishing
—
0
.2
%
26,000
The
E.W.
Scripps
Co.
,
Cl. A
†
.....................
102,180
Retail
—
1
.8
%
4,000
Nathan's
Famous
Inc.
...............................
283,200
33,000
Walgreens
Boots
Alliance
Inc.
...................
715,770
1,700
Zalando
SE
†
.............................................
48,584
1,047,554
Specialty
Chemicals
—
1
.7
%
3,609
Arcadium
Lithium
plc
†
.............................
15,555
700
Ashland
Inc.
.............................................
68,159
1,100
Darling
Ingredients
Inc.
†
..........................
51,161
3,600
International
Flavors
&
Fragrances
Inc.
.....
309,564
9,600
Novonesis
(Novozymes)
B
........................
562,627
200
The
Chemours
Co.
....................................
5,252
1,012,318
Telecommunications
—
4
.3
%
1,300
Cogeco
Communications
Inc.
...................
57,661
11,000
Deutsche
Telekom
AG
...............................
267,015
3
The
Gabelli
Global
Rising
Income
and
Dividend
Fund
Schedule
of
Investments
(Continued)
—
March
31,
2024
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
(Continued)
Telecommunications
(Continued)
20,000
Deutsche
Telekom
AG
,
ADR
......................
$
484,200
280,000
HKBN
Ltd.
................................................
104,818
75,000
Koninklijke
KPN
NV
..................................
280,447
15,000
Liberty
Global
Ltd.
,
Cl. A
†
.........................
253,800
9,000
Liberty
Global
Ltd.
,
Cl. C
†
.........................
158,760
4,000
Orange
Belgium
SA
†
................................
59,207
60,000
Pharol
SGPS
SA
†
.....................................
3,159
2,179
Prosus
NV
................................................
68,350
14,000
Proximus
SA
............................................
113,249
100,000
Telefonica
Deutschland
Holding
AG
...........
254,069
13,000
VEON
Ltd.
,
ADR
†
.....................................
312,130
3,000
Verizon
Communications
Inc.
...................
125,880
2,542,745
Wireless
Telecommunications
—
3
.4
%
22,000
Millicom
International
Cellular
SA
,
SDR
†
...
448,468
5,500
T-Mobile
US
Inc.
......................................
897,710
75,000
Vodafone
Group
plc
,
ADR
.........................
667,500
2,013,678
TOTAL
COMMON
STOCKS
........................
57,247,362
WARRANTS
—
0.0
%
Diversified
Industrial
—
0.0
%
8,000
Ampco-Pittsburgh
Corp.
,
expire
08/01/25
†
800
Principal
Amount
U.S.
GOVERNMENT
OBLIGATIONS
—
2
.2
%
$
1,315,000
U.S.
Treasury
Bills,
5.262
%
to
5.312
%
††
,
04/25/24
to
06/20/24
............................
1,306,242
TOTAL
INVESTMENTS
—
100.0%
(Cost
$
41,117,067
)
...............................
$
58,554,404
(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
SDR
Swedish
Depositary
Receipt
Geographic
Diversification
%
of
Market
Value
Market
Value
Europe
..............................
44
.1
%
$
25,844,592
United
States
........................
40
.2
23,520,023
Japan
...............................
8
.7
5,082,151
Asia/Pacific
.........................
2
.6
1,492,268
Canada
..............................
2
.5
1,489,514
Latin
America
.......................
1
.9
1,125,856
100.0%
$
58,554,404