Gabelli Funds Names Mark Donegan, James Dolan, Soo Kim, and Tom Gallagher to 2016 Management Hall of Fame

Gabelli Funds announced the 2016 inductees to the GAMCO Management Hall of Fame during its thirtieth-first annual client conference on Friday, May 20 in New York. The inductees to the Hall of Fame are: Mark Donegan of Precision Castparts, James Dolan of Cablevision, Soo Kim of Media General and Tom Gallagher of Genuine Parts.

In 1990, Gabelli Funds established the GAMCO Management Hall of Fame to honor corporate executives for their outstanding contributions in enhancing shareholder value. The selection process starts with the firm’s research on the company. Each inductee has passed rigorous criteria, including:

• creating shareholder wealth

• earning a superior rate of return over the long term

• practicing the virtues of capital accumulation

• enhancing our clients’ investment success

This Hall of Fame follows the philosophical underpinnings of Gabelli Funds’ fundamental research, as presented in Security Analysis (1934) by Benjamin Graham and David Dodd. It is the investment bible, the key to unlocking values in the stock market. In Security Analysis, Graham and Dodd presented principles and techniques to measure asset value and cash flows in a methodology to evaluate individual companies. They created the profession of security analysis using an investment process that is known today as value investing.

GAMCO Investors, Inc. (NYSE: GBL), 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. As of March 31, 2016, GAMCO Investors, Inc. had $38.7 billion in assets under management.

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Gabelli FundsDouglas R. JamiesonPresident & Chief Operating Officer914-921-5020orFor further information please visitwww.gabelli.com