Gabelli Westwood Funds Renamed

Gabelli Westwood Funds Renamed 


RYE, N.Y., Jan. 11  /PRNewswire/ -- Gabelli Advisers, Inc. is pleased to
announce that the Gabelli Westwood Funds has been renamed the Westwood Funds.
The Westwood family of funds offers investors a wide choice of investment
strategies.

  Each fund in the Westwood Funds series has been renamed as follows:

          Westwood Equity Fund
          Westwood Balanced Fund
          Westwood SmallCap Equity Fund
          Westwood Mighty Mites(SM) Fund
          Westwood Realty Fund
          Westwood Intermediate Bond Fund



The Westwood Funds' investment objectives, ticker symbols, share classes and
cusips remain the same.

A prospectus for the Westwood Funds can be obtained by calling Gabelli &
Company, Inc. at 800-GABELLI (800-422-3554) or by visiting
http://www.gabelli.com/. The Westwood Funds are distributed by Gabelli &
Company, Inc., One Corporate Center, Rye, NY 10580.

Investors should consider the investment objectives, risks, charges and
expenses of a fund carefully before investing. The prospectus contains more
complete information about this and other matters and should be read carefully
before investing.

Gabelli Advisers, Inc., which advises the Westwood Funds, is a subsidiary of
Gabelli Asset Management Inc., a publicly traded asset management company (GBL:
NYSE) that manages through its subsidiaries approximately $28 billion in assets
of mutual funds and closed-end funds, partnerships and private advisory
accounts.

Westwood Management Corp. is the sub-adviser to five of the six Westwood Funds
portfolios and is a wholly-owned subsidiary of Westwood Holdings Group, Inc., a
publicly traded asset management company (WHG: NYSE) which, through its
subsidiaries manages approximately $4 billion in assets for pension funds,
public retirement plans, endowments and foundations, mutual funds and trust
accounts. 

DATASOURCE: Gabelli Advisers, Inc.



CONTACT:  Jason Swirbul, [phone], or Jennifer Camac,

[phone], both for Gabelli Advisers, Inc.



Web site:  http://www.gabelli.com/ 

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