GAMCO Investors Amends 13D Filing for Gabelli Trust

TL;DR

GAMCO updated its 13D filing for Gabelli Trust on 3/14/24. No major changes reported.

AI Summary

GAMCO Investors, Inc. filed an amendment (No. 8) to its Schedule 13D on March 14, 2024, regarding its holdings in Gabelli Global Small & Mid Cap Value Trust. The filing indicates a change in the date as of which the information is current to March 14, 2024. No specific changes in beneficial ownership percentages or dollar amounts were detailed in this amendment.

Why It Matters

This filing updates the market on GAMCO Investors' ongoing reporting requirements for their stake in the Gabelli Global Small & Mid Cap Value Trust, signaling continued oversight of their investment.

Risk Assessment

Risk Level: low — This is a routine amendment to a Schedule 13D filing, typically indicating updates to previously disclosed information rather than significant new events.

Key Players & Entities

• GAMCO Investors, Inc. (company) — Filer of the Schedule 13D amendment
• Gabelli Global Small & Mid Cap Value Trust (company) — Subject company of the filing
• David Goldman (person) — Person authorized to receive notices

FAQ

Filing Documents

• ggz_08.htm (SC 13D/A) — 136KB
• 0000807249-24-000033.txt ( ) — 138KB

Security and Issuer

Item 1. Security and Issuer This Amendment No. 8 to Schedule 13D on the Common Shares of The Gabelli Global Small and Mid Cap Value Trust (the "Issuer") is being filed on behalf of the undersigned to amend the Schedule 13D, as amended (the "Schedule 13D"), which was originally filed on November 19, 2015. Unless otherwise indicated, all capitalized terms used herein but not defined herein shall have the same meaning as set forth in the Schedule 13D.

Identity and Background

Item 2. Identity and Background

to Schedule 13D is amended, in pertinent part, as follows

Item 2 to Schedule 13D is amended, in pertinent part, as follows: This statement is being filed by various entities which except for LICT Corporation ("LICT) and CIBL, Inc. ("CIBL"), engage in various aspects of the securities business, primarily as investment adviser to various institutional and individual clients, including registered investment companies and pension plans, and as general partner or the equivalent of various private investment partnerships or private funds and as a registered broker-dealer. Certain of these entities may also make investments for their own accounts. Mario J. Gabelli ("Mario Gabelli") is deemed to directly or indirectly control these entities through his ownership interest. The foregoing persons in the aggregate often own beneficially more than 5% of a class of equity securities of a particular issuer. Although several of the foregoing persons are treated as institutional investors for purposes of reporting their beneficial ownership on the short-form Schedule 13G, the holdings of those who do not qualify as institutional investors may exceed the 1% threshold presented for filing on Schedule 13G or implementation of their investment philosophy may from time to time require action which could be viewed as not completely passive. In order to avoid any question as to whether their beneficial than on the short-form Schedule 13G and thereby to provide more expansive disclosure than may be necessary. (a), (b) and (c) - This statement is being filed by one or more of the following persons: GGCP, Inc. ("GGCP"), GGCP Holdings LLC ("GGCP Holdings"), GAMCO Investors, Inc. ("GBL"), Associated Capital Group, Inc. ("AC"), Gabelli Funds, LLC ("Gabelli Funds"), GAMCO Asset Management Inc. ("GAMCO"),

Interest In Securities Of The Issuer

Item 5. Interest In Securities Of The Issuer

to Schedule 13D is amended, in pertinent part, as follows

Item 5 to Schedule 13D is amended, in pertinent part, as follows: (a) The aggregate number of Securities to which this Schedule 13D relates is 2,798,797 shares, representing 33.36% of the 8,388,440 shares outstanding as reported in the Certified Shareholder Report filed on March 8, 2024. This Amendment to Schedule 13D is being filed to reflect an increase in the percent of the outstanding shares beneficially owned by the Reporting Persons which is due solely to a decrease in the shares outstanding as reported by the Issuer in its most recently filed Certified Shareholder Report.. The Reporting Persons beneficially own those Securities as follows: Name Shares of Common Stock % of Class of Common Mario Gabelli AC GGCP GAMCO GCIA 2,678,111 82,711 31,586 2,244 4,145 31.93% 0.99% 0.38% 0.03% 0.05% Mario Gabelli is deemed to have beneficial ownership of the Securities owned beneficially by each of the foregoing persons. AC, GBL and GGCP are deemed to have beneficial ownership of the Securities owned beneficially by each of the foregoing persons other than Mario Gabelli. (b) Each of the Reporting Persons and Covered Persons has the sole power to vote or direct the vote and sole power to dispose or to direct the disposition of the Securities reported for it, either for its own benefit or for the benefit of its investment clients or its partners, as the case may be, except that the power of Mario Gabelli, AC, GBL, and GGCP is indirect with respect to Securities beneficially owned directly by other Reporting Persons controlled by such Reporting Person. (c) Information with respect to all transactions in the Securities which were effected during the past sixty days or since the most recent filing on Schedule 13D, whichever is less, by each of the Reporting Persons and Covered Persons is set forth on Schedule II annexed hereto and incorporated herein by reference. (e) Not applicable. 8 Signature After reasonable inquiry and to the best of my knowl

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