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Mario J. Gabelli Chief Investment Officer – Value and Christopher J. Marangi Co - Chief Investment Officer – Value to Speak at Impact® 2022 Conference

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– Fund Managers to Discuss Long Term Wealth Creation through the Ownership of Equities –

RYE, N.Y.--(BUSINESS WIRE)-- Gabelli Funds, a Diamond Sponsor at the IMPACT® Conference in Denver, CO will host a session for Advisors seeking insights on the power of equities and outlook for the market on Wednesday, November 2, from 2:45-4:00 p.m.

Chairman, Chief Executive Officer, and Chief Investment Officer - Value Mario J. Gabelli, CFA and Christopher J. Marangi, Co-Chief Investment Officer - Value who has portfolio manager responsibilities for several open-end and closed-end funds as well as the sustainability-focused Love our Planet & People (LOPP) actively managed ETF, will host an interactive session on the second day of the conference. The conference runs from November 1 to November 3 at the Colorado Convention Center.

Mr. Gabelli and Mr. Marangi will discuss their investment outlook, factors driving economic growth, how investors can preserve and grow wealth, and industries and companies that offer interesting investment opportunities.

Investors should carefully consider the investment objectives, risks, charges and expenses of each Fund before investing. Each Fund’s prospectus contains information about these and other matters and should be read carefully before investing. To obtain a prospectus, please call 800 GABELLI or visit www.gabelli.com.

The Gabelli Mutual Funds are distributed by G.distributors, LLC., a registered broker-dealer and member of FINRA.

800-422-3554 • 914-921-5100 • Fax: 914-921-5118 • info@gabelli.com
Distributed by G.distributors, LLC One Corporate Center, Rye, New York 10580

GAMCO Investors, Inc. (OTCQX: GAMI), through its subsidiaries, manages assets of private advisory accounts (GAMCO Asset Management, Inc.) and mutual funds and closed-end funds (Gabelli Funds, LLC), and is known for its Private Market Value with a Catalyst™ style of investment. As of September 30, 2022, GAMCO Investors, Inc. had approximately $27.6 billion in assets under management.

SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION

Our disclosure and analysis in this press release contain some forward-looking statements. Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, there can be no assurance that our actual results will not differ materially from what we expect or believe. Some of the factors that could cause our actual results to differ from our expectations or beliefs include, without limitation: the adverse effect from a decline in the securities markets; a decline in the performance of our products; a general downturn in the economy; changes in government policy or regulation; changes in our ability to attract or retain key employees; and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations. We also direct your attention to any more specific discussions of risk contained in our Form 10-K and other public filings. We are providing these statements as permitted by the Private Litigation Reform Act of 1995. We do not undertake to update publicly any forward-looking statements if we subsequently learn that we are unlikely to achieve our expectations or if we receive any additional information relating to the subject matters of our forward-looking statement.

Douglas R. Jamieson

President & C.O.O.

(914) 921-5020

djamieson@gabelli.com

For further information please visit

www.gabelli.com

Source: Gabelli Funds

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About GBL

GAMCO is known for its research-driven approach to equity investing. GAMCO conducts its investment advisory business principally through two subsidiaries: GAMCO Asset Management Inc. (approximately 1,500 institutional and private wealth separate accounts, principally in the U.S.) and Gabelli Funds, LLC (24 open-end funds, a SICAV, and 16 closed-end funds). GAMCO serves a broad client base including institutions, intermediaries, offshore investors, private wealth, and direct retail investors. GAMCO offers a wide range of solutions across Value and Growth Equity, ESG-SRI, Convertibles, sector- focused strategies including Gold and Utilities, Merger Arbitrage, and Fixed Income. In 1977, GAMCO launched its flagship All Cap Value strategy, Gabelli Value, and in 1986 launched its mutual fund business. In addition to its Value strategies, for over 30 years the firm has managed solutions in Growth and Global Growth Equity, Convertibles, SRI, and Merger Arbitrage.