Core Insights - Gabelli Investors, Inc. reported strong operating results for the quarter and year ended December 31, 2025, with significant growth in assets under management and revenues [1][3] Financial Performance - Quarter-end assets under management (AUM) reached $34.9 billion, reflecting a 10% increase compared to Q4 2024 [3] - Quarterly revenues grew by 10.7% to $65.6 million [3] - Earnings per share (EPS) for the fourth quarter were $0.75, up from $0.64 in the fourth quarter of 2024 [3] - Total earnings for 2025 were $3.17 per share, compared to $2.58 per share in 2024 [3] Capital Management - The company maintains a strong liquidity position with $195.5 million in cash and investments and no debt [3] - A total of 22.0 million shares are outstanding after repurchasing 103,871 shares during Q4 2025 [3] Company Overview - Gabelli, established in 1977, provides investment advisory services across various funds and investment products, serving approximately 1,900 institutional and private wealth management investors primarily in the U.S. [1][2] - The company offers a diverse range of client solutions across asset classes, regions, market capitalizations, sectors, and investment styles [2]

Core Viewpoint - GAMCO Investors, Inc. intends to nominate David Schachter for election as a Trustee to the Boards of the Saba Income & Capital Opportunities Fund and the Saba Capital Income & Opportunities Fund II, both of which are currently trading at discounts to their net asset values [1][2]. Group 1: Nomination and Background - David Schachter has over 40 years of experience in closed-end funds, currently serving as Vice President of the Gabelli Utility Trust for over 25 years [2]. - Prior to joining GAMCO in 1998, Schachter worked for Thomas J. Herzfeld Advisors, a firm specializing in closed-end funds [2]. Group 2: Expertise and Contributions - Schachter has been featured on major financial news networks and has contributed to investor education through various media, including brochures and video content on closed-end funds [3]. - He co-authored a significant report on "Closed-End Funds Managed Distribution Policy," highlighting his expertise in the field [3]. Group 3: Strategic Intent - GAMCO believes that Schachter's election would enhance Board independence and expertise, addressing discount erosion and improving shareholder value [4]. - The company plans to solicit proxies in support of Schachter's nomination at the Funds' 2026 Annual Meeting of Shareholders [4]. Group 4: Company Overview - GAMCO Investors, Inc. was established in 1977 and provides investment advisory services to a range of funds and approximately 1,900 institutional and private wealth management investors [5]. - The company offers diverse client solutions across various asset classes, market capitalizations, and investment styles [6].