Gabelli Investment Management Firm recently released its “Value 25 Fund” second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund navigated a strong but increasingly AI-driven equity market in the second quarter of 2026, with its emphasis on live, in-person experiences, defense and aerospace, and businesses benefiting from improving efficiency supporting several areas of the portfolio. The Fund’s Class I shares gained 7.16% in Q2, compared with a 15.20%...
