Gabelli Enterprise Mergers and Acquisitions Fund AAA

The Gabelli Enterprise Mergers and Acquisitions Fund AAA (EAAAX) is a non-diversified, open-end mutual fund domiciled in the United States and listed on NASDAQ, with approximately $57 million in total net assets. Managed since inception in 2001 by veteran portfolio manager Mario J. Gabelli, CFA — Chairman and CEO of GAMCO Investors, Inc. — the fund pursues capital appreciation by combining traditional risk arbitrage techniques with a buy-and-hold strategy targeting companies likely to be acquired within 12 to 18 months. The fund also invests in equity securities of companies already involved in publicly announced corporate restructuring events, such as mergers, tender offers, leveraged buyouts, spin-offs, and liquidations, seeking to capture the spread between a security's market price and its expected value upon deal consummation. While primarily focused on U.S. equities, the fund may also allocate capital to foreign securities, including those in emerging markets, and is categorized under the Event Driven/Merger Arbitrage investment strategy.