Gabelli Funds Portfolio Manager Macrae Skyes on

Fund manager of $2 billion portfolio unveils 9 favorite stocks

Gabelli Asset Management, founded by the legendary money manager Mario Gabelli, represents a classic value-investment firm.

One of the firm’s flagship funds is Gabelli Equity Trust  (GAB) , an all-capitalization value mutual fund with $2 billion in assets. It’s a closed-end fund, which means it’s listed on an exchange (the NYSE) and trades throughout the day.