Gabelli SRI Fund, Inc. Class A (SRIAX)

Overview

The described fund is a socially responsible investment vehicle that focuses on allocating its resources primarily into the equities of companies adhering to certain ethical, environmental, and social guidelines. With a commitment to invest no less than 80% of its assets in socially responsible common and preferred stocks, it aligns its investment focus with the values of investors seeking positive social impact alongside financial returns. The strategy extends to engaging in foreign securities and convertible securities, providing a diversified portfolio approach. Through a rigorous social screening overlay process, the fund ensures that investments meet its social guidelines proactively at the time of investment, managed under the guidance of its Adviser.

Products and Services

The fund offers distinct investment opportunities, focusing on two main types of products and services within its operational framework:

• Equity Investments in Socially Responsible Companies:

  Primarily, the fund invests in the common and preferred stocks of companies that align with its defined social responsibility guidelines. This not only helps in achieving financial returns but also ensures that the investments contribute positively to the societal, environmental, and ethical standards set by the fund. It targets companies exhibiting responsible practices in areas such as environmental sustainability, social justice, and corporate ethics.

• Investment in Foreign Securities and Convertibles:

  In addition to investments in socially responsible companies, the fund diversifies its portfolio by including foreign securities and securities that are convertible into common stocks. This diversification strategy aims to mitigate risks and capitalize on the global economic growth potential. The inclusion of convertible securities provides an avenue for benefiting from potential equity upside while potentially limiting downside risk compared to direct equity investments. The fund carefully selects these investments to align with its social responsibility criteria, extending its values-driven approach beyond domestic markets.