Gabelli Funds Portfolio Managers to Address IMPACT® 2017 Conference

– Fund Managers to Discuss Environmental, Social and Governance – ESG Investing –

Gabelli Funds, a Diamond Sponsor at the IMPACT® Conference in Chicago, IL will host a session for Advisors seeking insights on value equity investments, outlook for the market, as well as the growing relevance of ESG on Wednesday, November 15th, from 1:00 p.m. - 2:15 p.m.

Kevin V. Dreyer, the Co-Chief Investment Officer of Value Investments and Portfolio Manager of the Gabelli ESG Fund will lead an interactive session on the second day of the conference. Mr. Dreyer will be joined by Christopher C. Desmarais, Managing Director and Portfolio Manager of the Gabelli ESG and Sarah Donnelly, Portfolio Manager of the Teton Westwood Mighty Mites Fund. The conference runs from November 14th to November 17th at McCormick Place.

Mr. Dreyer, Mr. Desmarais, and Ms. Donnelly will share ideas on how to make successful equity investments globally and the benefits of focusing on overlooked stocks – from small to large – and having a flexible investment mandate. They will also discuss 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.

800-422-3554 • 914-921-5100 • Fax: [phone] • [e-mail] by G.distributors, LLC One Corporate Center, Rye, New York 10580

GAMCO Investors, Inc. (NYSE: 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 September 30, 2017, GAMCO Investors, Inc. had approximately $43.1 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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GAMCO Investors, Inc.Douglas R. Jamieson, 914-921-5020President & [e-mail]