Gabelli Firm Update

Core Viewpoint - GAMCO Investors, Inc. announced that Chairman Mario Gabelli was hospitalized for observation and testing after a medical incident, but his condition is improving and he is on the road to recovery [1]. Group 1: Company Leadership - Day-to-day operations will continue to be led by Co-CEO Douglas Jamieson and President and Co-CIO Christopher Marangi, ensuring continuity in management [2]. Group 2: Company Overview - Gabelli, established in 1977, is a recognized provider of investment advisory services, managing 27 open-end funds, 13 closed-end funds in the U.S., one limited investment company in the U.K., 8 actively managed exchange-traded funds, and serving approximately 1,900 institutional and private wealth management investors primarily in the U.S. [3].