Peter S. Lynch 2024 Recipient of Graham & Dodd, Murray, Greenwald Prize

GREENWICH, Conn.--(BUSINESS WIRE)-- Gabelli Funds announces Peter S. Lynch as the 2024 recipient of the Graham & Dodd, Murray, Greenwald Prize for Value Investing. He was presented with the Prize at the firm’s thirty-ninth client conference on Friday, May 10^th in New York.

In announcing Peter S. Lynch as the 2024 recipient, Tano Santos, the Robert Heilbrunn Professor of Asset Management and Finance and Academic Director of the Heilbrunn Center for Graham & Dodd Investing at Columbia Business School stated, “Given his accomplishments, Peter has made a lasting and important impact on the field of investing and should be recognized accordingly.”

Peter Lynch joined Fidelity Management and Research Company in 1969 as a research analyst. In May 1977, Mr. Lynch took over the Magellan Fund with $20 million in assets under management. By the time he retired from the fund in May 1990, the fund had grown to over $14 billion in assets with over a million shareholders. Peter is the author of “One Up on Wall Street”, a New York Times best-seller. He was recognized by the National Business Hall of Fame of both Fortune Magazine and Wall Street Week. A graduate of Boston College, he received his MBA from the Wharton School at the University of Pennsylvania. In 1994, he named Outstanding Alumnus by The Wharton School.

In 2005, Gabelli created the annual prize to honor an individual, student, or practitioner who has made an outstanding contribution to enlarge the field of value investing. Known as the “Gabelli Prize”, the company funded the prize with $1 million and presents the award at its annual client meetings.

GAMCO Investors, Inc. (OTCQX: GAMI), through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC) and is known for its Private Market Value with a Catalyst™ style of investment.

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Douglas R. Jamieson

President & Chief Operating Officer

(914) 921-5020

Source: Gabelli Funds, LLC