Mario Gabelli Chief Investment Officer - Value, Howard Ward Chief Investment Officer – Growth, and Christopher Marangi Co - Chief Investment Officer - Value to Speak At IMPACT® 2019 Conference

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

Gabelli Funds, a Diamond Sponsor at the IMPACT® Conference in San Diego, CA will host a session for Advisors seeking insights on the power of equities and outlook for the market on Wednesday, November 6, from 9:45-11:00 a.m.

Howard F. Ward, the Chief Investment Officer of Growth, Portfolio Manager of the GAMCO Growth Fund, and Co-Portfolio Manager of the GAMCO Global Growth Fund, will lead an interactive session on the third day of the conference. Mr. Ward will be joined by Chairman, Chief Executive Officer and Chief Investment Officer of Value, Mario J. Gabelli, CFA, and Christopher J. Marangi, the Co-Chief Investment Officer of Value who has portfolio manager responsibilities for four open-end funds, The Gabelli Asset Fund, The Gabelli Value 25 Fund, The Gabelli ESG Fund, and The Gabelli Media Mogul Fund as well as four closed-end funds. The conference runs from November 4 to November 7 at the San Diego Convention Center.

Mr. Gabelli, Mr. Marangi, and Mr. Ward will share ideas on factors driving economic growth and how to position portfolios to benefit, industries and companies that offer interesting investment opportunities, and the growing relevance of incorporating ESG factors in the investment decision making process.

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.

GAMCO Investors, Inc. GBL, 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 June 30, 2019, GAMCO Investors, Inc. had approximately $36.9 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.

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