Gabelli Funds Announces the Launch of The Gabelli Value Plus+ Trust
February 19 2015 - 1:10PM
Business Wire
Fund Trades on the London Stock Exchange
under the Symbol GVP
Gabelli Funds, LLC completed the offering of a London Stock
Exchange listed closed-end fund, The Gabelli Value Plus+ Trust.
Gabelli Value Plus+ Trust (GVP) is the firm’s first direct entry to
the U.K. investment community.
The fund invests in U.S. equities, utilizing Gabelli's
fundamental, bottom up Private Market Value with a Catalyst™
investment approach.
“The U.K. market is highly sophisticated. We are delighted to be
entrusted with the opportunity to grow wealth for the U.K. investor
via the strengths of an investment trust vehicle. The investment
trust industry can trace its foundations to the U.K., and the LSE’s
offering remains a “best in class” choice for the closed ended
structure globally,” said Marc Gabelli.
GAMCO Investors, Inc., through its subsidiaries, manages private
advisory accounts (GAMCO Asset Management Inc.), mutual funds and
closed-end funds (Gabelli Funds, LLC), and partnerships and
offshore funds (Gabelli Securities, Inc.). Gabelli has had
operations in central London for more than fifteen years, primarily
as a research office assisting the New York headquarters in global
investment idea generation. As of December 31, 2014, GAMCO had $
47.5 billion in assets under management. This press release is not
an offer to sell or the solicitation of an offer to buy any
securities.
SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION
Our disclosure and analysis in this press release may contain
some forward-looking statements. Forward-looking statements give
our current expectations or forecasts of future events. In
particular, these include statements relating to future actions,
future performance and financial results. Although we believe that
we are basing our expectations and beliefs on reasonable
assumptions within the bounds of what we currently know about our
business and operations, there can be no assurance that our actual
results will not differ materially from what we expect or
believe.
GAMCO Investors, Inc.Douglas R. Jamieson, (914)
921-5020President, Chief Operating OfficerorFor further information
please visit www.gabelli.com
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