GAMCO Policy on Precluding Questions During Public Company Conference Calls
February 28, 2024 at 07:32 am EST
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On a public company’s recent publicly available 2023 Earnings Call only sell side analysts were permitted to ask a question. A GAMCO Investors, Inc. (OTCQX: GAMI) (“GAMCO”) buy side analyst was precluded from asking a question. GAMCO believes this process is inappropriate and that any shareholder of an Issuer that files a 13F should be given the opportunity to ask a question on a public conference call. Should any company not follow this open practice, it will be recommended to GAMCO’s proxy voting committee that GAMCO withhold votes for management of that company.
GAMCO Investors, Inc., through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC) and is known for its Private Market Value with a Catalyst™ style of investment.
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GAMCO Investors, Inc. is a provider of investment advisory services to open and closed-end funds semi-transparent exchange-traded funds (ETFs), and institutional and private wealth management. The Company manages assets on a fully discretionary basis and invests in a variety of United States and international securities through various investment styles, including value, growth, non-market correlated, and convertible securities. The Company conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, five actively managed semi-transparent ETFs, and a societe d'investissement a capital variable (SICAV)) and GAMCO Asset Management Inc. (approximately 1,400 institutional and private wealth separate accounts, principally in the United States). It serves various client bases, including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.
GAMCO INVESTORS, INC. 
