Statement of Additional Info - Gabelli

portfolio securities to Westwood in its capacity as the Funds’ Sub-Adviser. The Sub-Adviser has adopted a Proxy Voting
Policy for the voting of proxies on behalf of client accounts for which the Sub-Adviser has voting discretion, including
the Funds. Under the Proxy Voting Policy, shares are to be voted in the best interests of the Funds.
Normally, the Sub-Adviser exercises proxy voting discretion on particular types of proposals in accordance with its
Proxy Guidelines set forth in the Proxy Voting Policy. The Proxy Guidelines address, for example, proposals to elect the
board of directors, to classify the board of directors, to select an independent registered public accounting firm, to issue
blank check preferred stock, to call for cumulative voting, to require shareholder ratification of poison pills, to support
fair price provisions, to require a supermajority shareholder vote for mergers, to provide for director and officer
indemnification and liability protection, to increase the number of authorized shares of common stock, to allow
greenmail, to limit shareholders’ rights to call special meetings, to limit shareholders’ right to act by written consent, to
approve executive and director compensation plans (including golden parachutes), to limit or increase executive and
director pay and to opt in or out of state takeover statutes.
A Proxy Voting Committee will be notified of all proxy proposals for which the Sub-Adviser has voting discretion and
will receive recommendations on how to vote from Glass Lewis as well as any other material to assist in the proxy voting
process. Once materials are received, the proxy proposals will be voted according to the Proxy Guidelines, unless any
member of the Proxy Voting Committee believes the Proxy Guidelines are not appropriate with respect to a particular
proposal. In such a case, a meeting of the Proxy Voting Committee will be called to discuss the proposal and to cast a
vote. Each proposal submitted to the Proxy Voting Committee for a vote will be determined by the vote of a majority of
the members present at the meeting. The Proxy Voting Committee will notify the appropriate officer of the Trust of its
decisions and the proxies will be voted accordingly.
The Trust files Form N-PX with its complete proxy voting record for the 12 months ended June 30, no later than August
31 of each year. This filing for the Trust is available without charge, upon request, by calling toll free (800) 422-3554
and on the SEC’s website at www.sec.gov.
CONTROL PERSONS AND PRINCIPAL SHAREHOLDERS
Persons or organizations owning 25% or more of the outstanding shares of a Fund may be presumed to “control” (as that
term is defined in the 1940 Act) a Fund. As a result, these persons or organizations could have the ability to approve or
reject those matters submitted to the shareholders of such Fund for their approval. As of December 31, 2013, the
following persons were known to own of record 5% or more of the outstanding voting securities of any class of any Fund.
Name and Address of Holder of Record Percentage of Class Nature of Ownership
MIGHTY MITES FUND
CLASS AAA
UBS WM USA
Omni Account M/F
Attn: Department Manager
Weehawken, NJ 07086-6761
National Financial Serv. Corp
For The Exclusive Benefit Of
Our Customers
Jersey City, NJ 07310-2010
Charles Schwab & Co Inc.
Reinvest Account
Attn: Mutual Funds
San Francisco, CA 94105-1905
TD Ameritrade Inc For The
Exclusive Benefit Of Our Clients
Omaha, NE 68103-2226
24.54 % Beneficial †
21.96 % Beneficial †
15.83 % Beneficial †
5.58 % Beneficial †
Pershing LLC 5.35 % Beneficial †
32