Shares
Market
Value
INVESTMENT
COMPANIES
—
0.4%
209,863
Gabelli
Financial
Services
Opportunities
ETF(c)
.......................
$
8,734,498
TOTAL
INVESTMENTS
—
100.0%
....
(Cost
$1,077,690,628)
............
$
2,080,583,978
(a)
Security
is
valued
using
significant
unobservable
inputs
and
is
classified
as
Level
3
in
the
fair
value
hierarchy.
(b)
Mandatory
convertible
securities
are
required
to
be
converted
on
the
dates
listed;
they
generally
may
be
converted
prior
to
these
dates
at
the
option
of
the
holder.
(c)
Investment
in
an
affiliated
fund
that
is
registered
under
the
Investment
Company
Act
of
1940,
as
amended,
and
is
advised
by
Gabelli
Funds,
LLC.
†
Non-income
producing
security.
††
Represents
annualized
yields
at
dates
of
purchase.
ADR
American
Depositary
Receipt
CVR
Contingent
Value
Right
REIT
Real
Estate
Investment
Trust
Geographic
Diversification
%
of
Total
Investments
Market
Value
North
America
......................
85.1
%
$
1,769,936,352
Europe
..............................
12.3
254,992,652
Latin
America
.......................
1.4
29,683,330
Japan
...............................
1.0
21,579,711
Asia/Pacific
.........................
0.2
4,391,933
Total
Investments
...................
100.0%
$
2,080,583,978