GAMCO Investors Inc. Appoints Jeff Jonas to the Investment Team of Gabelli Dividend & Income Trust
April 03, 2012 at 06:30 am EDT
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GAMCO Investors Inc. announced the addition of Jeff Jonas, CFA to the investment team of the Gabelli Dividend & Income Trust. Jeff joins Mario J. Gabelli, Barbara G. Marcin, Robert D. Leininger, Kevin V. Dreyer, and Christopher J. Marangi, as the fund continues to expand its investment team. Mr. Jonas started his career with Gabelli & Company Inc. in July 2003 as a research analyst covering the health & wellness sector, focusing on cardiovascular, plastic surgery, and pharmacy benefits management companies. In 2007, Mr. Jonas was named a Portfolio Manager of the Gabelli Healthcare & WellnessRx Trust. Mr. Jonas graduated as a Gabelli Presidential Scholar from the Carroll School of Management at Boston College with a B.S. in finance and management information systems.
The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to seek a high level of total return with an emphasis on dividends and income. Under normal market conditions, the Fund invests at least 80% of its assets in dividend paying or other income-producing securities. In addition, under normal market conditions, at least 50% of the Fund's assets will consist of dividend paying equity securities. In making stock selections, the Fund's investment adviser looks for securities that have a superior yield and capital gains potential. The Fund invests in a range of sectors, including financial services, food and beverage, consumer products, cable and satellite, business services, paper and forest products, computer software and services, wireless communications, publishing, agriculture, building and construction, health care, broadcasting and others. The Fund's investment advisor is Gabelli Funds, LLC.