Gabelli Focus Five Fund Changes Its Name to Gabelli Focused Growth and Income Fund, Implements Monthly Distributions

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Jan 22, 2021
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GAMCO Investors, Inc. (NYSE:GBL, Financial) today announced that the Board of Directors (the “Board”) of The Gabelli Focus Five Fund approved changing the name of the fund to “The Gabelli Focused Growth and Income Fund” (the “Fund”), effective January 14, 2021. The Board also approved changes to the Fund’s non-fundamental investment policies to invest to a greater extent in higher income producing securities, while still investing substantially all of its assets in securities selected primarily for their potential to provide a high level of capital appreciation. The changes to the Fund’s non-fundamental investment policies will take effect February 21, 2021.