0001193125-17-290137.txt : 20170921 0001193125-17-290137.hdr.sgml : 20170921 20170921102610 ACCESSION NUMBER: 0001193125-17-290137 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20170921 DATE AS OF CHANGE: 20170921 EFFECTIVENESS DATE: 20170921 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GAMCO GLOBAL SERIES FUNDS, INC CENTRAL INDEX KEY: 0000909504 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-66262 FILM NUMBER: 171095229 BUSINESS ADDRESS: STREET 1: ONE CORPORATE CENTER CITY: RYE STATE: NY ZIP: 10580 BUSINESS PHONE: 8004223554 MAIL ADDRESS: STREET 1: ONE CORPORATE CENTER CITY: RYE STATE: NY ZIP: 10580 FORMER COMPANY: FORMER CONFORMED NAME: GABELLI GLOBAL SERIES FUNDS INC DATE OF NAME CHANGE: 19930805 0000909504 S000001066 GAMCO INTERNATIONAL SMALL CAP FUND C000002871 CLASS C GGLCX C000002872 CLASS A GOCAX C000002873 CLASS AAA GABOX C000034310 CLASS I GLOIX 497 1 d431689d497.htm GAMCO GLOBAL SERIES FUNDS, INC. GAMCO Global Series Funds, Inc.

EXPLANATORY NOTE

On behalf of the Gabelli International Small Cap Fund (the “Fund”), a series of the GAMCO Global Series Funds, Inc. (the “Corporation”), and pursuant to Rule 497(e) under the Securities Act of 1933, attached for filing is an exhibit containing interactive data format risk/return summary information. The interactive data file included as an exhibit to this filing relates to the supplement filed with the Securities and Exchange Commission on behalf of the Funds pursuant to Rule 497(e) on September 6, 2017.

EX-101.INS 2 ggsfi-20170906.xml XBRL INSTANCE DOCUMENT 0000909504 2017-04-28 2017-04-28 0000909504 ggsfi:S000001066Member 2017-04-28 2017-04-28 0000909504 ggsfi:S000001066Member ggsfi:C000002873Member 2017-04-28 2017-04-28 0000909504 ggsfi:S000001066Member ggsfi:C000002872Member 2017-04-28 2017-04-28 0000909504 ggsfi:S000001066Member ggsfi:C000002871Member 2017-04-28 2017-04-28 0000909504 ggsfi:S000001066Member ggsfi:C000034310Member 2017-04-28 2017-04-28 0000909504 ggsfi:S000001066Member ggsfi:ClassTSharesMember 2017-04-28 2017-04-28 pure iso4217:USD 2017-04-28 497 2016-12-31 GAMCO GLOBAL SERIES FUNDS, INC 0000909504 false 2017-09-06 2017-09-06 <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GAMCO GLOBAL SERIES FUNDS, INC. </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center"><b>Supplement dated September&nbsp;6, 2017 </b></p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>to </b></p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>Prospectus dated April&nbsp;28, 2017; and </b></p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>Statement of Additional Information dated April&nbsp;28, 2017 </b></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; ">This supplement amends certain information in the Prospectus (the &#147;Prospectus&#148;) and Statement of Additional Information (&#147;SAI&#148;), each dated April&nbsp;28, 2017, of GAMCO Global Series Funds, Inc. (the &#147;Corporation&#148;). Unless otherwise indicated, all other information included in the Prospectus and SAI, or any previous supplements thereto, that is not inconsistent with the information set forth in this supplement remains unchanged. Capitalized terms not otherwise defined in this supplement have the same meaning as in the Prospectus and SAI. </p> <p style="margin-top:18pt; margin-bottom:0pt; "><b>Revised Fee and Expense Waiver For Class AAA Shares of The Gabelli International Small Cap Fund </b></p> <p style="margin-top:6pt; margin-bottom:0pt; ">Effective September&nbsp;5, 2017, Gabelli Funds, LLC, the Adviser, has agreed to amend its contractual agreement with respect to Class AAA Shares of The Gabelli International Small Cap Fund (the &#147;Fund&#148;) and to waive its investment advisory fees and/or to reimburse expenses of the Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00% for Class AAA shares of the Fund. This arrangement is in effect through April&nbsp;30, 2018. </p> <p style="margin-top:12pt; margin-bottom:0pt; ">Under these same arrangements, the Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the Fund&#146;s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00% for Class AAA shares after giving effect to the repayments. </p> <p style="margin-top:12pt; margin-bottom:0pt; ">There are no changes to the terms of the contractual agreement with respect to the Fund&#146;s Class&nbsp;A, C, I, or T shares or share classes of other funds in the Corporation. </p> <p style="margin-top:12pt; margin-bottom:12pt; ">The Fund&#146;s waiver/reimbursement arrangements are in effect through April&nbsp;30, 2018, and may be terminated only by the Board of Directors of the Corporation before such time. </p> <p style="margin-top:0pt; margin-bottom:0pt; "><b>Revised Fees and Expenses Table </b></p> <p style="margin-top:6pt; margin-bottom:0pt; ">To reflect the changes in the contractual fee and expense waivers, the section &#147;Fees and Expenses&#148; in the Corporation&#146;s Prospectus as it relates to the Fund is modified as follows: </p> <p style="margin-top:18pt; margin-bottom:0pt; ">The Gabelli International Small Cap Fund (the &#147;International Small Cap Fund&#148;) </p> <p style="margin-top:6pt; margin-bottom:0pt; "><b>Fees and Expenses of the International Small Cap Fund: </b></p> <p style="margin-top:6pt; margin-bottom:0pt; ">This table describes the fees and expenses that you may pay if you buy and hold shares of the International Small Cap Fund. You may qualify for sales charge discounts on Class&nbsp;A shares if you and your family invest, or agree to invest in the future, at least $50,000 in Class&nbsp;A shares of the Gabelli/GAMCO family of mutual funds. More information about these and other discounts is available from your financial professional and in the section entitled, &#147;Classes of Shares&#148; on page 37 of the prospectus and in Appendix A, &#147;Sales Charge Reductions and Waivers Available through Certain Intermediaries,&#148; attached to the prospectus. </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="100%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="55%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;AAA<br/>Shares</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;A<br/>Shares</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;C<br/>Shares</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;I<br/>Shares</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;T<br/>Shares<sup>(1)</sup></b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>Shareholder Fees</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; ">(fees paid directly from your investment):</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">5.75</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.50</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Maximum Deferred Sales Charge (Load) (as a percentage of redemption price)</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested)</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less)</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Exchange Fee</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>Annual Fund&nbsp;Operating Expenses</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; ">(expenses that you pay each year as a percentage of the value of your investment):</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Management Fees</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Distribution and Service (Rule 12b-1) Fees</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Other Expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="font-size:1px;"> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses<sup>(2)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.80</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.80</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">3.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.80</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Fee Waiver and/or Expense Reimbursement<sup>(2)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(1.80</td> <td valign="bottom">)%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(0.79</td> <td valign="bottom">)%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(0.79</td> <td valign="bottom">)%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(1.55</td> <td valign="bottom">)%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(0.79</td> <td valign="bottom">)%&nbsp;</td></tr> <tr style="font-size:1px;"> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement<sup>(2)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.01</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.76</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.01</td> <td valign="bottom">%&nbsp;</td></tr> <tr style=" "> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td></tr> </table> <p style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="4%" valign="top" align="left">(1)</td> <td align="left" valign="top">Class T shares are not currently offered for sale. </td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="4%" valign="top" align="left">(2)</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The Adviser has contractually agreed to waive its investment advisory fees and/or to reimburse expenses of the International Small Cap Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00%, 2.00%, 2.75%, 1.00%, and 2.00% for Class AAA, Class&nbsp;A, Class C, Class I, and Class T shares, respectively. Under this same arrangement, the International Small Cap Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the International Small Cap Fund&#146;s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00%, 2.00%, 2.75%, 1.00% and 2.00%for Class AAA, Class&nbsp;A, Class C, Class I, and Class T shares, respectively, after giving effect to the repayments. This arrangement is in effect through April&nbsp;30, 2018 and may be terminated only by the Board of Directors of the Corporation before such time. The Fund will carry forward, for a period not to exceed three years from the date that an amount is waived, any fees in excess of the expense limitation and repay the Adviser such amount provided the Fund is able to do so without exceeding the lesser of (1)&nbsp;the expense limit in effect at the time of the waiver or reimbursement, as applicable, or (2)&nbsp;the expense limit in effect at the time of recoupment.</div></td></tr></table> <p style="margin-top:24pt; margin-bottom:0pt; " align="center"><b>Expense Example </b></p> <p style="margin-top:12pt; margin-bottom:0pt; ">This example is intended to help you compare the cost of investing in the International Small Cap Fund with the cost of investing in other mutual funds. </p> <p style="margin-top:12pt; margin-bottom:0pt; ">The example assumes that you invest $10,000 in the International Small Cap Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the International Small Cap Fund&#146;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="73%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>1&nbsp;Year</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>3&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>5&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>10&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;AAA Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">102</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">697</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,319</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,997</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;A Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">767</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,323</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,903</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,469</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;C Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">379</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,016</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,774</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,767</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class I Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">102</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">645</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,216</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,769</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;T Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">449</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,024</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,624</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,244</td> <td valign="bottom">&nbsp;</td></tr> </table> <p style="margin-top:18pt; margin-bottom:0pt; ">You would pay the following expenses if you did not redeem your shares of the International Small Cap Fund: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="73%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>1&nbsp;Year</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>3&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>5&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>10&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;AAA Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">102</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">697</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,319</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,997</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;A Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">767</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,323</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,903</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,469</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;C Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">279</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,016</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,774</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,767</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class I Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">102</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">645</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,216</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,769</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;T Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">449</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,024</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,624</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,244</td> <td valign="bottom">&nbsp;</td></tr> </table> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>GAMCO GLOBAL SERIES FUNDS, INC. </b></p> <p style="margin-top:6pt; margin-bottom:0pt; " align="center"><b>Supplement dated September&nbsp;6, 2017 </b></p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>to </b></p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>Prospectus dated April&nbsp;28, 2017; and </b></p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>Statement of Additional Information dated April&nbsp;28, 2017 </b></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; ">This supplement amends certain information in the Prospectus (the &#147;Prospectus&#148;) and Statement of Additional Information (&#147;SAI&#148;), each dated April&nbsp;28, 2017, of GAMCO Global Series Funds, Inc. (the &#147;Corporation&#148;). Unless otherwise indicated, all other information included in the Prospectus and SAI, or any previous supplements thereto, that is not inconsistent with the information set forth in this supplement remains unchanged. Capitalized terms not otherwise defined in this supplement have the same meaning as in the Prospectus and SAI. </p> <p style="margin-top:18pt; margin-bottom:0pt; "><b>Revised Fee and Expense Waiver For Class AAA Shares of The Gabelli International Small Cap Fund </b></p> <p style="margin-top:6pt; margin-bottom:0pt; ">Effective September&nbsp;5, 2017, Gabelli Funds, LLC, the Adviser, has agreed to amend its contractual agreement with respect to Class AAA Shares of The Gabelli International Small Cap Fund (the &#147;Fund&#148;) and to waive its investment advisory fees and/or to reimburse expenses of the Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00% for Class AAA shares of the Fund. This arrangement is in effect through April&nbsp;30, 2018. </p> <p style="margin-top:12pt; margin-bottom:0pt; ">Under these same arrangements, the Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the Fund&#146;s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00% for Class AAA shares after giving effect to the repayments. </p> <p style="margin-top:12pt; margin-bottom:0pt; ">There are no changes to the terms of the contractual agreement with respect to the Fund&#146;s Class&nbsp;A, C, I, or T shares or share classes of other funds in the Corporation. </p> <p style="margin-top:12pt; margin-bottom:12pt; ">The Fund&#146;s waiver/reimbursement arrangements are in effect through April&nbsp;30, 2018, and may be terminated only by the Board of Directors of the Corporation before such time. </p> <p style="margin-top:0pt; margin-bottom:0pt; "><b>Revised Fees and Expenses Table </b></p> <p style="margin-top:6pt; margin-bottom:0pt; ">To reflect the changes in the contractual fee and expense waivers, the section &#147;Fees and Expenses&#148; in the Corporation&#146;s Prospectus as it relates to the Fund is modified as follows: </p> <p style="margin-top:18pt; margin-bottom:0pt; ">The Gabelli International Small Cap Fund (the &#147;International Small Cap Fund&#148;) </p> <p style="margin-top:6pt; margin-bottom:0pt; "><b>Fees and Expenses of the International Small Cap Fund: </b></p> <p style="margin-top:6pt; margin-bottom:0pt; ">This table describes the fees and expenses that you may pay if you buy and hold shares of the International Small Cap Fund. You may qualify for sales charge discounts on Class&nbsp;A shares if you and your family invest, or agree to invest in the future, at least $50,000 in Class&nbsp;A shares of the Gabelli/GAMCO family of mutual funds. More information about these and other discounts is available from your financial professional and in the section entitled, &#147;Classes of Shares&#148; on page 37 of the prospectus and in Appendix A, &#147;Sales Charge Reductions and Waivers Available through Certain Intermediaries,&#148; attached to the prospectus. </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="100%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="55%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;AAA<br/>Shares</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;A<br/>Shares</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;C<br/>Shares</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;I<br/>Shares</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;T<br/>Shares<sup>(1)</sup></b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>Shareholder Fees</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; ">(fees paid directly from your investment):</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">5.75</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.50</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Maximum Deferred Sales Charge (Load) (as a percentage of redemption price)</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested)</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less)</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.00</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Exchange Fee</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; "><b>Annual Fund&nbsp;Operating Expenses</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; ">(expenses that you pay each year as a percentage of the value of your investment):</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&nbsp;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Management Fees</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Distribution and Service (Rule 12b-1) Fees</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">None</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Other Expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.55</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="font-size:1px;"> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses<sup>(2)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.80</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.80</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">3.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.55</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.80</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Fee Waiver and/or Expense Reimbursement<sup>(2)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(1.80</td> <td valign="bottom">)%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(0.79</td> <td valign="bottom">)%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(0.79</td> <td valign="bottom">)%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(1.55</td> <td valign="bottom">)%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">(0.79</td> <td valign="bottom">)%&nbsp;</td></tr> <tr style="font-size:1px;"> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</div></td> <td>&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement<sup>(2)</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.01</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.76</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.01</td> <td valign="bottom">%&nbsp;</td></tr> <tr style=" "> <td valign="bottom"></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td valign="bottom"> <div style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</div></td> <td>&nbsp;</td></tr> </table> <p style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="4%" valign="top" align="left">(1)</td> <td align="left" valign="top">Class T shares are not currently offered for sale. </td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style = "page-break-inside:avoid"> <td width="4%" valign="top" align="left">(2)</td> <td align="left" valign="top"> <div align="left" style=" margin-top:0pt ; margin-bottom:0pt; ">The Adviser has contractually agreed to waive its investment advisory fees and/or to reimburse expenses of the International Small Cap Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00%, 2.00%, 2.75%, 1.00%, and 2.00% for Class AAA, Class&nbsp;A, Class C, Class I, and Class T shares, respectively. Under this same arrangement, the International Small Cap Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the International Small Cap Fund&#146;s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00%, 2.00%, 2.75%, 1.00% and 2.00%for Class AAA, Class&nbsp;A, Class C, Class I, and Class T shares, respectively, after giving effect to the repayments. This arrangement is in effect through April&nbsp;30, 2018 and may be terminated only by the Board of Directors of the Corporation before such time. The Fund will carry forward, for a period not to exceed three years from the date that an amount is waived, any fees in excess of the expense limitation and repay the Adviser such amount provided the Fund is able to do so without exceeding the lesser of (1)&nbsp;the expense limit in effect at the time of the waiver or reimbursement, as applicable, or (2)&nbsp;the expense limit in effect at the time of recoupment.</div></td></tr></table> <p style="margin-top:24pt; margin-bottom:0pt; " align="center"><b>Expense Example </b></p> <p style="margin-top:12pt; margin-bottom:0pt; ">This example is intended to help you compare the cost of investing in the International Small Cap Fund with the cost of investing in other mutual funds. </p> <p style="margin-top:12pt; margin-bottom:0pt; ">The example assumes that you invest $10,000 in the International Small Cap Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the International Small Cap Fund&#146;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="73%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>1&nbsp;Year</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>3&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>5&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>10&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;AAA Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">102</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">697</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,319</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,997</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;A Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">767</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,323</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,903</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,469</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;C Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">379</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,016</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,774</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,767</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class I Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">102</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">645</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,216</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,769</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;T Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">449</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,024</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,624</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,244</td> <td valign="bottom">&nbsp;</td></tr> </table> <p style="margin-top:18pt; margin-bottom:0pt; ">You would pay the following expenses if you did not redeem your shares of the International Small Cap Fund: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="73%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>1&nbsp;Year</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>3&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>5&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>10&nbsp;Years</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;AAA Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">102</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">697</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,319</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,997</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;A Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">767</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,323</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,903</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,469</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;C Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">279</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,016</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,774</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,767</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class I Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">102</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">645</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,216</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,769</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;T Shares</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">449</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,024</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,624</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,244</td> <td valign="bottom">&nbsp;</td></tr> </table> <b>Fees and Expenses of the International Small Cap Fund:</b> This table describes the fees and expenses that you may pay if you buy and hold shares of the International Small Cap Fund. You may qualify for sales charge discounts on Class&nbsp;A shares if you and your family invest, or agree to invest in the future, at least $50,000 in Class&nbsp;A shares of the Gabelli/GAMCO family of mutual funds. More information about these and other discounts is available from your financial professional and in the section entitled, &#8220;Classes of Shares&#8221; on page 37 of the prospectus and in Appendix A, &#8220;Sales Charge Reductions and Waivers Available through Certain Intermediaries,&#8221; attached to the prospectus. <b>Shareholder Fees</b><br/>(fees paid directly from your investment): <b>Annual Fund&nbsp;Operating Expenses</b><br/>(expenses that you pay each year as a percentage of the value of your investment): <b>Expense Example </b> This example is intended to help you compare the cost of investing in the International Small Cap Fund with the cost of investing in other mutual funds. <br/><br/>The example assumes that you invest $10,000 in the International Small Cap Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the International Small Cap Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: You would pay the following expenses if you did not redeem your shares of the International Small Cap Fund: You may qualify for sales charge discounts on Class&nbsp;A shares if you and your family invest, or agree to invest in the future, at least $50,000 in Class&nbsp;A shares of the Gabelli/GAMCO family of mutual funds. April 30, 2018 0 0.0575 0 0 0.025 0 0 0.01 0 0 0 0 0 0 0 -0.02 -0.02 -0.02 -0.02 -0.02 0 0 0 0 0 0.01 0.01 0.01 0.01 0.01 0.0025 0.0025 0.01 0 0.0025 0.0155 0.0155 0.0155 0.0155 0.0155 0.028 0.028 0.0355 0.0255 0.028 -0.018 -0.0079 -0.0079 -0.0155 -0.0079 0.01 0.0201 0.0276 0.01 0.0201 102 697 1319 2997 767 1323 1903 3469 379 1016 1774 3767 102 645 1216 2769 449 1024 1624 3244 102 697 1319 2997 767 1323 1903 3469 279 1016 1774 3767 102 645 1216 2769 449 1024 1624 3244 50000 Class T shares are not currently offered for sale. The Adviser has contractually agreed to waive its investment advisory fees and/or to reimburse expenses of the International Small Cap Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00%, 2.00%, 2.75%, 1.00%, and 2.00% for Class AAA, Class A, Class C, Class I, and Class T shares, respectively. Under this same arrangement, the International Small Cap Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the International Small Cap Fund’s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00%, 2.00%, 2.75%, 1.00% and 2.00%for Class AAA, Class A, Class C, Class I, and Class T shares, respectively, after giving effect to the repayments. This arrangement is in effect through April 30, 2018 and may be terminated only by the Board of Directors of the Corporation before such time. The Fund will carry forward, for a period not to exceed three years from the date that an amount is waived, any fees in excess of the expense limitation and repay the Adviser such amount provided the Fund is able to do so without exceeding the lesser of (1) the expense limit in effect at the time of the waiver or reimbursement, as applicable, or (2) the expense limit in effect at the time of recoupment. 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Central Index Key dei_EntityCentralIndexKey 0000909504
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Apr. 28, 2017

GAMCO GLOBAL SERIES FUNDS, INC.

Supplement dated September 6, 2017

to

Prospectus dated April 28, 2017; and

Statement of Additional Information dated April 28, 2017

This supplement amends certain information in the Prospectus (the “Prospectus”) and Statement of Additional Information (“SAI”), each dated April 28, 2017, of GAMCO Global Series Funds, Inc. (the “Corporation”). Unless otherwise indicated, all other information included in the Prospectus and SAI, or any previous supplements thereto, that is not inconsistent with the information set forth in this supplement remains unchanged. Capitalized terms not otherwise defined in this supplement have the same meaning as in the Prospectus and SAI.

Revised Fee and Expense Waiver For Class AAA Shares of The Gabelli International Small Cap Fund

Effective September 5, 2017, Gabelli Funds, LLC, the Adviser, has agreed to amend its contractual agreement with respect to Class AAA Shares of The Gabelli International Small Cap Fund (the “Fund”) and to waive its investment advisory fees and/or to reimburse expenses of the Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00% for Class AAA shares of the Fund. This arrangement is in effect through April 30, 2018.

Under these same arrangements, the Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the Fund’s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00% for Class AAA shares after giving effect to the repayments.

There are no changes to the terms of the contractual agreement with respect to the Fund’s Class A, C, I, or T shares or share classes of other funds in the Corporation.

The Fund’s waiver/reimbursement arrangements are in effect through April 30, 2018, and may be terminated only by the Board of Directors of the Corporation before such time.

Revised Fees and Expenses Table

To reflect the changes in the contractual fee and expense waivers, the section “Fees and Expenses” in the Corporation’s Prospectus as it relates to the Fund is modified as follows:

The Gabelli International Small Cap Fund (the “International Small Cap Fund”)

Fees and Expenses of the International Small Cap Fund:

This table describes the fees and expenses that you may pay if you buy and hold shares of the International Small Cap Fund. You may qualify for sales charge discounts on Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 in Class A shares of the Gabelli/GAMCO family of mutual funds. More information about these and other discounts is available from your financial professional and in the section entitled, “Classes of Shares” on page 37 of the prospectus and in Appendix A, “Sales Charge Reductions and Waivers Available through Certain Intermediaries,” attached to the prospectus.

 

     Class AAA
Shares
    Class A
Shares
    Class C
Shares
    Class I
Shares
    Class T
Shares(1)
 
Shareholder Fees
          
(fees paid directly from your investment):
          
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
     None       5.75     None       None       2.50
Maximum Deferred Sales Charge (Load) (as a percentage of redemption price)
     None       None       1.00     None       None  
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested)
     None       None       None       None       None  
Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less)
     2.00     2.00     2.00     2.00     2.00
Exchange Fee
     None       None       None       None       None  
Annual Fund Operating Expenses
          
(expenses that you pay each year as a percentage of the value of your investment):
          
Management Fees
     1.00     1.00     1.00     1.00     1.00
Distribution and Service (Rule 12b-1) Fees
     0.25     0.25     1.00     None       0.25
Other Expenses
     1.55     1.55     1.55     1.55     1.55
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total Annual Fund Operating Expenses(2)
     2.80     2.80     3.55     2.55     2.80
Fee Waiver and/or Expense Reimbursement(2)
     (1.80 )%      (0.79 )%      (0.79 )%      (1.55 )%      (0.79 )% 
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement(2)
     1.00     2.01     2.76     1.00     2.01
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 

 

(1) Class T shares are not currently offered for sale.
(2)
The Adviser has contractually agreed to waive its investment advisory fees and/or to reimburse expenses of the International Small Cap Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00%, 2.00%, 2.75%, 1.00%, and 2.00% for Class AAA, Class A, Class C, Class I, and Class T shares, respectively. Under this same arrangement, the International Small Cap Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the International Small Cap Fund’s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00%, 2.00%, 2.75%, 1.00% and 2.00%for Class AAA, Class A, Class C, Class I, and Class T shares, respectively, after giving effect to the repayments. This arrangement is in effect through April 30, 2018 and may be terminated only by the Board of Directors of the Corporation before such time. The Fund will carry forward, for a period not to exceed three years from the date that an amount is waived, any fees in excess of the expense limitation and repay the Adviser such amount provided the Fund is able to do so without exceeding the lesser of (1) the expense limit in effect at the time of the waiver or reimbursement, as applicable, or (2) the expense limit in effect at the time of recoupment.

Expense Example

This example is intended to help you compare the cost of investing in the International Small Cap Fund with the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the International Small Cap Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the International Small Cap Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  
Class AAA Shares
   $ 102      $ 697      $ 1,319      $ 2,997  
Class A Shares
   $ 767      $ 1,323      $ 1,903      $ 3,469  
Class C Shares
   $ 379      $ 1,016      $ 1,774      $ 3,767  
Class I Shares
   $ 102      $ 645      $ 1,216      $ 2,769  
Class T Shares
   $ 449      $ 1,024      $ 1,624      $ 3,244  

You would pay the following expenses if you did not redeem your shares of the International Small Cap Fund:

 

     1 Year      3 Years      5 Years      10 Years  
Class AAA Shares
   $ 102      $ 697      $ 1,319      $ 2,997  
Class A Shares
   $ 767      $ 1,323      $ 1,903      $ 3,469  
Class C Shares
   $ 279      $ 1,016      $ 1,774      $ 3,767  
Class I Shares
   $ 102      $ 645      $ 1,216      $ 2,769  
Class T Shares
   $ 449      $ 1,024      $ 1,624      $ 3,244  
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GAMCO GLOBAL SERIES FUNDS, INC.

Supplement dated September 6, 2017

to

Prospectus dated April 28, 2017; and

Statement of Additional Information dated April 28, 2017

This supplement amends certain information in the Prospectus (the “Prospectus”) and Statement of Additional Information (“SAI”), each dated April 28, 2017, of GAMCO Global Series Funds, Inc. (the “Corporation”). Unless otherwise indicated, all other information included in the Prospectus and SAI, or any previous supplements thereto, that is not inconsistent with the information set forth in this supplement remains unchanged. Capitalized terms not otherwise defined in this supplement have the same meaning as in the Prospectus and SAI.

Revised Fee and Expense Waiver For Class AAA Shares of The Gabelli International Small Cap Fund

Effective September 5, 2017, Gabelli Funds, LLC, the Adviser, has agreed to amend its contractual agreement with respect to Class AAA Shares of The Gabelli International Small Cap Fund (the “Fund”) and to waive its investment advisory fees and/or to reimburse expenses of the Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00% for Class AAA shares of the Fund. This arrangement is in effect through April 30, 2018.

Under these same arrangements, the Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the Fund’s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00% for Class AAA shares after giving effect to the repayments.

There are no changes to the terms of the contractual agreement with respect to the Fund’s Class A, C, I, or T shares or share classes of other funds in the Corporation.

The Fund’s waiver/reimbursement arrangements are in effect through April 30, 2018, and may be terminated only by the Board of Directors of the Corporation before such time.

Revised Fees and Expenses Table

To reflect the changes in the contractual fee and expense waivers, the section “Fees and Expenses” in the Corporation’s Prospectus as it relates to the Fund is modified as follows:

The Gabelli International Small Cap Fund (the “International Small Cap Fund”)

Fees and Expenses of the International Small Cap Fund:

This table describes the fees and expenses that you may pay if you buy and hold shares of the International Small Cap Fund. You may qualify for sales charge discounts on Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 in Class A shares of the Gabelli/GAMCO family of mutual funds. More information about these and other discounts is available from your financial professional and in the section entitled, “Classes of Shares” on page 37 of the prospectus and in Appendix A, “Sales Charge Reductions and Waivers Available through Certain Intermediaries,” attached to the prospectus.

 

     Class AAA
Shares
    Class A
Shares
    Class C
Shares
    Class I
Shares
    Class T
Shares(1)
 
Shareholder Fees
          
(fees paid directly from your investment):
          
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
     None       5.75     None       None       2.50
Maximum Deferred Sales Charge (Load) (as a percentage of redemption price)
     None       None       1.00     None       None  
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested)
     None       None       None       None       None  
Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less)
     2.00     2.00     2.00     2.00     2.00
Exchange Fee
     None       None       None       None       None  
Annual Fund Operating Expenses
          
(expenses that you pay each year as a percentage of the value of your investment):
          
Management Fees
     1.00     1.00     1.00     1.00     1.00
Distribution and Service (Rule 12b-1) Fees
     0.25     0.25     1.00     None       0.25
Other Expenses
     1.55     1.55     1.55     1.55     1.55
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total Annual Fund Operating Expenses(2)
     2.80     2.80     3.55     2.55     2.80
Fee Waiver and/or Expense Reimbursement(2)
     (1.80 )%      (0.79 )%      (0.79 )%      (1.55 )%      (0.79 )% 
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement(2)
     1.00     2.01     2.76     1.00     2.01
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 

 

(1) Class T shares are not currently offered for sale.
(2)
The Adviser has contractually agreed to waive its investment advisory fees and/or to reimburse expenses of the International Small Cap Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00%, 2.00%, 2.75%, 1.00%, and 2.00% for Class AAA, Class A, Class C, Class I, and Class T shares, respectively. Under this same arrangement, the International Small Cap Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the International Small Cap Fund’s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00%, 2.00%, 2.75%, 1.00% and 2.00%for Class AAA, Class A, Class C, Class I, and Class T shares, respectively, after giving effect to the repayments. This arrangement is in effect through April 30, 2018 and may be terminated only by the Board of Directors of the Corporation before such time. The Fund will carry forward, for a period not to exceed three years from the date that an amount is waived, any fees in excess of the expense limitation and repay the Adviser such amount provided the Fund is able to do so without exceeding the lesser of (1) the expense limit in effect at the time of the waiver or reimbursement, as applicable, or (2) the expense limit in effect at the time of recoupment.

Expense Example

This example is intended to help you compare the cost of investing in the International Small Cap Fund with the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the International Small Cap Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the International Small Cap Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  
Class AAA Shares
   $ 102      $ 697      $ 1,319      $ 2,997  
Class A Shares
   $ 767      $ 1,323      $ 1,903      $ 3,469  
Class C Shares
   $ 379      $ 1,016      $ 1,774      $ 3,767  
Class I Shares
   $ 102      $ 645      $ 1,216      $ 2,769  
Class T Shares
   $ 449      $ 1,024      $ 1,624      $ 3,244  

You would pay the following expenses if you did not redeem your shares of the International Small Cap Fund:

 

     1 Year      3 Years      5 Years      10 Years  
Class AAA Shares
   $ 102      $ 697      $ 1,319      $ 2,997  
Class A Shares
   $ 767      $ 1,323      $ 1,903      $ 3,469  
Class C Shares
   $ 279      $ 1,016      $ 1,774      $ 3,767  
Class I Shares
   $ 102      $ 645      $ 1,216      $ 2,769  
Class T Shares
   $ 449      $ 1,024      $ 1,624      $ 3,244  
GAMCO INTERNATIONAL SMALL CAP FUND  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] ggsfi_SupplementTextBlock

GAMCO GLOBAL SERIES FUNDS, INC.

Supplement dated September 6, 2017

to

Prospectus dated April 28, 2017; and

Statement of Additional Information dated April 28, 2017

This supplement amends certain information in the Prospectus (the “Prospectus”) and Statement of Additional Information (“SAI”), each dated April 28, 2017, of GAMCO Global Series Funds, Inc. (the “Corporation”). Unless otherwise indicated, all other information included in the Prospectus and SAI, or any previous supplements thereto, that is not inconsistent with the information set forth in this supplement remains unchanged. Capitalized terms not otherwise defined in this supplement have the same meaning as in the Prospectus and SAI.

Revised Fee and Expense Waiver For Class AAA Shares of The Gabelli International Small Cap Fund

Effective September 5, 2017, Gabelli Funds, LLC, the Adviser, has agreed to amend its contractual agreement with respect to Class AAA Shares of The Gabelli International Small Cap Fund (the “Fund”) and to waive its investment advisory fees and/or to reimburse expenses of the Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00% for Class AAA shares of the Fund. This arrangement is in effect through April 30, 2018.

Under these same arrangements, the Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the Fund’s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00% for Class AAA shares after giving effect to the repayments.

There are no changes to the terms of the contractual agreement with respect to the Fund’s Class A, C, I, or T shares or share classes of other funds in the Corporation.

The Fund’s waiver/reimbursement arrangements are in effect through April 30, 2018, and may be terminated only by the Board of Directors of the Corporation before such time.

Revised Fees and Expenses Table

To reflect the changes in the contractual fee and expense waivers, the section “Fees and Expenses” in the Corporation’s Prospectus as it relates to the Fund is modified as follows:

The Gabelli International Small Cap Fund (the “International Small Cap Fund”)

Fees and Expenses of the International Small Cap Fund:

This table describes the fees and expenses that you may pay if you buy and hold shares of the International Small Cap Fund. You may qualify for sales charge discounts on Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 in Class A shares of the Gabelli/GAMCO family of mutual funds. More information about these and other discounts is available from your financial professional and in the section entitled, “Classes of Shares” on page 37 of the prospectus and in Appendix A, “Sales Charge Reductions and Waivers Available through Certain Intermediaries,” attached to the prospectus.

 

     Class AAA
Shares
    Class A
Shares
    Class C
Shares
    Class I
Shares
    Class T
Shares(1)
 
Shareholder Fees
          
(fees paid directly from your investment):
          
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
     None       5.75     None       None       2.50
Maximum Deferred Sales Charge (Load) (as a percentage of redemption price)
     None       None       1.00     None       None  
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested)
     None       None       None       None       None  
Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less)
     2.00     2.00     2.00     2.00     2.00
Exchange Fee
     None       None       None       None       None  
Annual Fund Operating Expenses
          
(expenses that you pay each year as a percentage of the value of your investment):
          
Management Fees
     1.00     1.00     1.00     1.00     1.00
Distribution and Service (Rule 12b-1) Fees
     0.25     0.25     1.00     None       0.25
Other Expenses
     1.55     1.55     1.55     1.55     1.55
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total Annual Fund Operating Expenses(2)
     2.80     2.80     3.55     2.55     2.80
Fee Waiver and/or Expense Reimbursement(2)
     (1.80 )%      (0.79 )%      (0.79 )%      (1.55 )%      (0.79 )% 
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement(2)
     1.00     2.01     2.76     1.00     2.01
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 

 

(1) Class T shares are not currently offered for sale.
(2)
The Adviser has contractually agreed to waive its investment advisory fees and/or to reimburse expenses of the International Small Cap Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00%, 2.00%, 2.75%, 1.00%, and 2.00% for Class AAA, Class A, Class C, Class I, and Class T shares, respectively. Under this same arrangement, the International Small Cap Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the International Small Cap Fund’s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00%, 2.00%, 2.75%, 1.00% and 2.00%for Class AAA, Class A, Class C, Class I, and Class T shares, respectively, after giving effect to the repayments. This arrangement is in effect through April 30, 2018 and may be terminated only by the Board of Directors of the Corporation before such time. The Fund will carry forward, for a period not to exceed three years from the date that an amount is waived, any fees in excess of the expense limitation and repay the Adviser such amount provided the Fund is able to do so without exceeding the lesser of (1) the expense limit in effect at the time of the waiver or reimbursement, as applicable, or (2) the expense limit in effect at the time of recoupment.

Expense Example

This example is intended to help you compare the cost of investing in the International Small Cap Fund with the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the International Small Cap Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the International Small Cap Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  
Class AAA Shares
   $ 102      $ 697      $ 1,319      $ 2,997  
Class A Shares
   $ 767      $ 1,323      $ 1,903      $ 3,469  
Class C Shares
   $ 379      $ 1,016      $ 1,774      $ 3,767  
Class I Shares
   $ 102      $ 645      $ 1,216      $ 2,769  
Class T Shares
   $ 449      $ 1,024      $ 1,624      $ 3,244  

You would pay the following expenses if you did not redeem your shares of the International Small Cap Fund:

 

     1 Year      3 Years      5 Years      10 Years  
Class AAA Shares
   $ 102      $ 697      $ 1,319      $ 2,997  
Class A Shares
   $ 767      $ 1,323      $ 1,903      $ 3,469  
Class C Shares
   $ 279      $ 1,016      $ 1,774      $ 3,767  
Class I Shares
   $ 102      $ 645      $ 1,216      $ 2,769  
Class T Shares
   $ 449      $ 1,024      $ 1,624      $ 3,244  
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the International Small Cap Fund:
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the International Small Cap Fund. You may qualify for sales charge discounts on Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 in Class A shares of the Gabelli/GAMCO family of mutual funds. More information about these and other discounts is available from your financial professional and in the section entitled, “Classes of Shares” on page 37 of the prospectus and in Appendix A, “Sales Charge Reductions and Waivers Available through Certain Intermediaries,” attached to the prospectus.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees
(fees paid directly from your investment):
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment):
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination April 30, 2018
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts on Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 in Class A shares of the Gabelli/GAMCO family of mutual funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Expense Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the International Small Cap Fund with the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the International Small Cap Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the International Small Cap Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption You would pay the following expenses if you did not redeem your shares of the International Small Cap Fund:
GAMCO INTERNATIONAL SMALL CAP FUND | Class AAA Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of redemption price) rr_MaximumDeferredSalesChargeOverOther none
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested) rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less) rr_RedemptionFeeOverRedemption 2.00%
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (Rule 12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 1.55%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.80% [1]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (1.80%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement rr_NetExpensesOverAssets 1.00% [1]
1 Year rr_ExpenseExampleYear01 $ 102
3 Years rr_ExpenseExampleYear03 697
5 Years rr_ExpenseExampleYear05 1,319
10 Years rr_ExpenseExampleYear10 2,997
1 Year rr_ExpenseExampleNoRedemptionYear01 102
3 Years rr_ExpenseExampleNoRedemptionYear03 697
5 Years rr_ExpenseExampleNoRedemptionYear05 1,319
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,997
GAMCO INTERNATIONAL SMALL CAP FUND | Class A Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum Deferred Sales Charge (Load) (as a percentage of redemption price) rr_MaximumDeferredSalesChargeOverOther none
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested) rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less) rr_RedemptionFeeOverRedemption 2.00%
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (Rule 12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 1.55%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.80% [1]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.79%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement rr_NetExpensesOverAssets 2.01% [1]
1 Year rr_ExpenseExampleYear01 $ 767
3 Years rr_ExpenseExampleYear03 1,323
5 Years rr_ExpenseExampleYear05 1,903
10 Years rr_ExpenseExampleYear10 3,469
1 Year rr_ExpenseExampleNoRedemptionYear01 767
3 Years rr_ExpenseExampleNoRedemptionYear03 1,323
5 Years rr_ExpenseExampleNoRedemptionYear05 1,903
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 3,469
GAMCO INTERNATIONAL SMALL CAP FUND | Class C Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of redemption price) rr_MaximumDeferredSalesChargeOverOther 1.00%
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested) rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less) rr_RedemptionFeeOverRedemption 2.00%
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (Rule 12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 1.55%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 3.55% [1]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.79%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement rr_NetExpensesOverAssets 2.76% [1]
1 Year rr_ExpenseExampleYear01 $ 379
3 Years rr_ExpenseExampleYear03 1,016
5 Years rr_ExpenseExampleYear05 1,774
10 Years rr_ExpenseExampleYear10 3,767
1 Year rr_ExpenseExampleNoRedemptionYear01 279
3 Years rr_ExpenseExampleNoRedemptionYear03 1,016
5 Years rr_ExpenseExampleNoRedemptionYear05 1,774
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 3,767
GAMCO INTERNATIONAL SMALL CAP FUND | Class I Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of redemption price) rr_MaximumDeferredSalesChargeOverOther none
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested) rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less) rr_RedemptionFeeOverRedemption 2.00%
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and Service (Rule 12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 1.55%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.55% [1]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (1.55%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement rr_NetExpensesOverAssets 1.00% [1]
1 Year rr_ExpenseExampleYear01 $ 102
3 Years rr_ExpenseExampleYear03 645
5 Years rr_ExpenseExampleYear05 1,216
10 Years rr_ExpenseExampleYear10 2,769
1 Year rr_ExpenseExampleNoRedemptionYear01 102
3 Years rr_ExpenseExampleNoRedemptionYear03 645
5 Years rr_ExpenseExampleNoRedemptionYear05 1,216
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,769
GAMCO INTERNATIONAL SMALL CAP FUND | Class T Shares  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50% [2]
Maximum Deferred Sales Charge (Load) (as a percentage of redemption price) rr_MaximumDeferredSalesChargeOverOther none [2]
Maximum Sales Charge (Load) Imposed on Reinvested Dividends (as a percentage of amount invested) rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none [2]
Redemption Fee (as a percentage of amount redeemed for shares held 7 days or less) rr_RedemptionFeeOverRedemption 2.00% [2]
Exchange Fee rr_ExchangeFeeOverRedemption none [2]
Management Fees rr_ManagementFeesOverAssets 1.00% [2]
Distribution and Service (Rule 12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25% [2]
Other Expenses rr_OtherExpensesOverAssets 1.55% [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.80% [1],[2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.79%) [1],[2]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement rr_NetExpensesOverAssets 2.01% [1],[2]
1 Year rr_ExpenseExampleYear01 $ 449
3 Years rr_ExpenseExampleYear03 1,024
5 Years rr_ExpenseExampleYear05 1,624
10 Years rr_ExpenseExampleYear10 3,244
1 Year rr_ExpenseExampleNoRedemptionYear01 449
3 Years rr_ExpenseExampleNoRedemptionYear03 1,024
5 Years rr_ExpenseExampleNoRedemptionYear05 1,624
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 3,244
[1] The Adviser has contractually agreed to waive its investment advisory fees and/or to reimburse expenses of the International Small Cap Fund to the extent necessary to maintain the Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement (excluding brokerage costs, acquired fund fees and expenses, interest, taxes, and extraordinary expenses) at no more than an annual rate of 1.00%, 2.00%, 2.75%, 1.00%, and 2.00% for Class AAA, Class A, Class C, Class I, and Class T shares, respectively. Under this same arrangement, the International Small Cap Fund has also agreed, during the two year period following the year of any such waiver or reimbursement by the Adviser, to repay such amount, but only to the extent the International Small Cap Fund’s adjusted Total Annual Fund Operating Expenses would not exceed an annual rate of 1.00%, 2.00%, 2.75%, 1.00% and 2.00%for Class AAA, Class A, Class C, Class I, and Class T shares, respectively, after giving effect to the repayments. This arrangement is in effect through April 30, 2018 and may be terminated only by the Board of Directors of the Corporation before such time. The Fund will carry forward, for a period not to exceed three years from the date that an amount is waived, any fees in excess of the expense limitation and repay the Adviser such amount provided the Fund is able to do so without exceeding the lesser of (1) the expense limit in effect at the time of the waiver or reimbursement, as applicable, or (2) the expense limit in effect at the time of recoupment.
[2] Class T shares are not currently offered for sale.
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GAMCO GLOBAL SERIES FUNDS, INC
Prospectus Date rr_ProspectusDate Apr. 28, 2017
Document Creation Date dei_DocumentCreationDate Sep. 06, 2017
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