Gabelli SRI Fund, Inc. Class I (SRIDX)

Overview

The fund is a socially responsible investment vehicle that focuses on allocating its assets primarily in common and preferred stocks of companies adhering to specific social responsibility criteria. It is dedicated to investors who seek to contribute positively to society alongside generating financial returns. The fund operates with a commitment to invest at least 80% of its assets in the stocks of socially responsible companies, ensuring that investments align with the ethical and social standards set forth at the time of investment. To diversify its portfolio and possibly enhance returns, the fund is also open to investing in foreign securities and securities convertible into common stocks. An important aspect of its operation is the use of a social screening overlay process, applied proactively by the Adviser to identify companies that meet the fund's social guidelines, ensuring investments are consistent with its social responsibility framework.

Products and Services

The fund offers a range of investment opportunities focused on social responsibility and ethical investing, including:

• Common and Preferred Stocks: The primary component of the fund's investment strategy involves allocating assets to common and preferred stocks of companies that adhere to the fund's social responsibility criteria. This aims to provide investors with the opportunity to generate returns while supporting companies that have a positive impact on society.
• Foreign Securities: To achieve diversification and potentially enhance investment returns, the fund also invests in foreign securities. This opens up opportunities to participate in the growth of socially responsible companies across the globe.
• Convertible Securities: The fund invests in securities that have the potential to be converted into common stocks. This adds flexibility and the potential for capital appreciation to the investment strategy, allowing participants to benefit from the growth of companies that meet the fund’s social guidelines.
• Social Screening Overlay Process: A distinctive service offered by the fund is the application of a social screening overlay process. This proactive approach is employed at the time of investment to ensure that all investments align with the fund’s social responsibility criteria. It differentiates the fund by maintaining a strong ethical investment standard.