RYE, N.Y.--(BUSINESS WIRE)--GAMCO Investors, Inc., (NYSE: GBL) announced the appointment of Robert D. Leininger CFA, and Justin L. Bergner CFA to the investment team of the Gabelli Dividend Growth Fund (the “Fund”) effective March 1, 2017. Messrs. Leininger and Bergner, join Barbara G. Marcin CFA, who has been the portfolio manager of the Fund since its launch on August 26, 1999.
Prior to joining Gabelli, Barbara Marcin was head of Value Investments at Citibank, where she worked from 1993 to 1999. In this capacity, Barbara headed up the team responsible for managing $1.2 billion in mutual funds and separate accounts, and was a member of the US Investment Policy Committee. She previously worked at Fiduciary Trust Company International and at E.F. Hutton & Company. A Chartered Financial Analyst, Ms. Marcin received her Masters of Business Administration from Harvard University’s Graduate School of Business and her undergraduate degree from the University of Virginia, where she graduated with Distinction, as an Echols Scholar.
Commenting on the appointments, Mr. Mario J. Gabelli said, “We are delighted to have Bob and Justin join the team. They will make a value added addition to our team to find investments that meet the objectives of (y)our Fund.”
Bob Leininger joined Gabelli in 1993 as a security analyst covering the beverage industry after earning his MBA from the Wharton School at the University of Pennsylvania. Bob rejoined Gabelli in 2010. He holds the Chartered Financial Analyst designation and is a member of the Financial Analyst Society of Philadelphia. Bob is a magna cum laude graduate of Amherst College with a degree in Economics. Since September 27, 2010, Bob has been a Portfolio Manager of the Gabelli Dividend and Income Trust. (NYSE:GDV) and since June 1, 2015 a Portfolio Manager of the Gabelli Equity Trust (NYSE:GAB).
Justin Bergner is currently a Vice President at Gabelli & Company and a portfolio manager for Gabelli Funds LLC, the Adviser. Justin rejoined Gabelli & Company in 2013 as a research analyst covering Diversified Industrials, Home Improvement, and Transport companies. He began his investment career at Gabelli & Company in 2005 as a metals and mining analyst, and subsequently spent five years at Axiom International Investors as a senior analyst focused on industrial and healthcare stocks. Prior to business school, Mr. Bergner worked in management consulting at both Bain & Company and Dean & Company. A Chartered Financial Analyst, Mr. Bergner graduated cum laude from Yale University with a B.A. in Economics & Mathematics and received an M.B.A. in Finance and Accounting from the Wharton School at the University of Pennsylvania.
The Gabelli Dividend Growth Fund Inc. is a diversified, open-end management investment company whose primary investment objective is long term growth of capital. Current income is a secondary objective of the Fund. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE:GBL), which through its subsidiaries, manages assets of private advisory accounts (GAMCO Asset Management Inc.), mutual funds and closed-end funds (Gabelli Funds, LLC), and is known for its Private Market Value with a Catalyst™ style of investment. As of December 31, 2016, GAMCO Investors, Inc. had $39.7 billion in assets under management.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800 GABELLI or visit www.gabelli.com
The Gabelli Mutual Funds are distributed by G.distributors, LLC. a registered broker dealer and member of FINRA