Gabelli Investment Management Firm recently released its “Equity Income Fund” second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund highlighted a strong rebound in U.S. equities, during the second quarter of 2026, with its Class I shares gaining 6.76%, compared with a 9.70% return for the Lipper Equity Income Fund Average. The fund’s performance came as the S&P 500 advanced about 15%, while value stocks gained 8% and growth stocks surged 22%, with...
