X0101 EFFECT 33 LIVE 2008-01-29 0000935069-08-000061 485APOS 0000877670 GABELLI EQUITY SERIES FUNDS INC 033-41913 S000001061 THE GABELLI EQUITY INCOME FUND C000002850 CLASS A S000001061 THE GABELLI EQUITY INCOME FUND C000002851 CLASS AAA S000001061 THE GABELLI EQUITY INCOME FUND C000002852 CLASS B S000001061 THE GABELLI EQUITY INCOME FUND C000002853 CLASS C S000001061 THE GABELLI EQUITY INCOME FUND C000061072 Class I S000001062 THE GABELLI SMALL CAP GROWTH FUND C000002854 CLASS A S000001062 THE GABELLI SMALL CAP GROWTH FUND C000002855 CLASS AAA S000001062 THE GABELLI SMALL CAP GROWTH FUND C000002856 CLASS B S000001062 THE GABELLI SMALL CAP GROWTH FUND C000002857 CLASS C S000001062 THE GABELLI SMALL CAP GROWTH FUND C000061073 Class I S000001063 THE GABELLI WOODLAND SMALL CAP FUND C000002858 CLASS A S000001063 THE GABELLI WOODLAND SMALL CAP FUND C000002859 CLASS B S000001063 THE GABELLI WOODLAND SMALL CAP FUND C000002860 CLASS C S000001063 THE GABELLI WOODLAND SMALL CAP FUND C000002861 CLASS AAA S000001063 THE GABELLI WOODLAND SMALL CAP FUND C000061074 Class I