Form 497K GABELLI DIVIDEND GROWTH
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
THE GABELLI DIVIDEND GROWTH FUND
Supplement dated June 23, 2021
The Gabelli Dividend Growth Fund’s Summary Prospectus dated April 30, 2021
This supplement amends certain information in the Summary Prospectus (the “Summary Prospectus”), dated April 30, 2021, of The Gabelli Dividend Growth Fund (the “Fund”). Unless otherwise indicated, all other information included in the Summary Prospectus, or any previous supplements thereto, that is not inconsistent with the information set forth in this supplement remains unchanged. Capitalized terms not otherwise defined in this supplement have the same meaning as in the Summary Prospectus.
Reduction in Class I Minimum Investment Amount
Effective July 1, 2021, Class I Shares of the Fund are available to investors with a minimum initial investment amount of $10,000 and purchasing shares directly through the Distributor, or investors purchasing Class I shares through brokers or financial intermediaries that have entered into selling agreements with the Distributor specifically with respect to Class I shares.
As a result of the reduction in the minimum initial investment amount for Class I shares of the Fund, the following replaces the first paragraph under the “Management—Purchase and Sale of Fund Shares” section of the Summary Prospectus in its entirety:
The minimum initial investment for Class AAA, Class A, and Class C shares is $1,000 ($250 for IRAs or Coverdell Education Savings Plans). There is no minimum initial investment for Class AAA, Class A, and Class C shares in an automatic monthly investment plan. Class I shares are available to investors with a minimum investment of $10,000 when purchasing the shares directly through G.distributors, LLC, the Fund’s distributor (“G.distributors” or the “Distributor”), or investors purchasing Class I shares through brokers or financial intermediaries that have entered into selling agreements with the Distributor specifically with respect to Class I shares, and which have different minimum investment amounts. The minimum initial investment for Class I shares is waived for employee benefit plans with assets of at least $50 million. If you transact in Class I shares through a broker or financial intermediary, you may be required to pay a commission and/or other forms of compensation to the broker or financial intermediary. The Distributor reserves the right to waive or change minimum investment amounts. There is no minimum for subsequent investments.
Please refer to the Fund's statutory prospectus for additional information about share class conversions and exchanges among funds managed by the Adviser or its affiliates.
STOCKHOLDERS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
- S&P 500 edges down on virus woes, slowing economy
- 'Becoming JP Morgan of the Future': Square (SQ) Dips on Deal to Acquire BNPL Afterpay For $29B in Stock, Benefits Outweigh High Price Says Analyst
- Oil falls over 3% on concerns over demand and OPEC supply boost
- ON Semiconductor (ON) Surges on Strong Q2 Results and Q3 Outlook
- Dollar wavers on dovish Fed tone, mixed economic outlook
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Silgan Holdings (SLGN) Declares $0.14 Quarterly Dividend; 1.4% Yield
- Kimberly-Clark (KMB) Declares $1.14 Quarterly Dividend; 3.4% Yield
- Watts Water Technologies (WTS) Declares $0.26 Quarterly Dividend; 0.7% Yield
Create E-mail Alert Related CategoriesSEC Filings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!