1

Gabelli

International

Growth

Fund,

Inc.

Schedule

of

Investments

—

September

30,

2022

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

 —

99.3%

HEALTH

CARE

 —

20.4%

5,500‌

AstraZeneca

plc

........................................

$

604,612‌

1,500‌

EssilorLuxottica

SA

..................................

203,884‌

1,800‌

Gerresheimer

AG

......................................

87,887‌

1,500‌

Hoya

Corp.

...............................................

144,538‌

6,500‌

Koninklijke

Philips

NV

...............................

100,077‌

375‌

Lonza

Group

AG

.......................................

182,584‌

7,250‌

Novartis

AG

..............................................

552,718‌

7,000‌

Novo

Nordisk

A/S,

Cl. B

............................

697,325‌

2,200‌

Roche

Holding

AG,

Genusschein

...............

716,172‌

19,000‌

Smith

&

Nephew

plc

.................................

219,313‌

2,200‌

Sysmex

Corp.

...........................................

117,560‌

3,626,670‌

CONSUMER

DISCRETIONARY

 —

19.6%

1,650‌

Christian

Dior

SE

......................................

950,969‌

7,150‌

Cie

Financiere

Richemont

SA,

Cl. A

...........

674,927‌

18,000‌

Entain

plc

.................................................

215,216‌

400‌

Fast

Retailing

Co.

Ltd.

...............................

211,978‌

725‌

Hermes

International

................................

852,687‌

1,300‌

Shimano

Inc.

............................................

203,405‌

3,600‌

Sony

Group

Corp.

.....................................

231,892‌

8,000‌

Universal

Music

Group

NV

........................

149,840‌

3,490,914‌

CONSUMER

STAPLES

-

FOOD,

BEVERAGE,

AND

TOBACCO

 —

15.9%

4,170‌

Danone

SA

...............................................

197,180‌

15,000‌

Diageo

plc

................................................

631,403‌

3,500‌

Heineken

NV

............................................

305,659‌

11,000‌

Kobe

Bussan

Co.

Ltd.

...............................

264,630‌

8,600‌

Nestlé

SA

.................................................

930,153‌

2,750‌

Pernod

Ricard

SA

.....................................

504,499‌

2,833,524‌

INDUSTRIALS

 —

11.0%

1,600‌

DSV

A/S

...................................................

187,436‌

15,000‌

Epiroc

AB,

Cl. B

........................................

189,145‌

2,400‌

FANUC

Corp.

............................................

336,994‌

6,000‌

Jardine

Matheson

Holdings

Ltd.

................

303,348‌

3,500‌

Nidec

Corp.

..............................................

195,916‌

1,500‌

SMC

Corp.

...............................................

610,456‌

500‌

Teleperformance

.......................................

126,842‌

1,950,137‌

INFORMATION

TECHNOLOGY

 —

9.8%

415‌

ASML

Holding

NV

....................................

171,926‌

2,580‌

Keyence

Corp.

..........................................

852,846‌

6,800‌

Murata

Manufacturing

Co.

Ltd.

.................

312,985‌

3,000‌

RELX

plc

..................................................

73,307‌

1,000‌

SOITEC†

..................................................

114,184‌

7,000‌

STMicroelectronics

NV

.............................

217,541‌

1,742,789‌

Shares

Market

Value

MATERIALS

 —

8.8%

7,000‌

Agnico

Eagle

Mines

Ltd.

...........................

$

295,610‌

2,439‌

Air

Liquide

SA

..........................................

278,776‌

24,512‌

Barrick

Gold

Corp.

....................................

379,936‌

8,125‌

Rio

Tinto

plc

.............................................

439,610‌

5,000‌

Wheaton

Precious

Metals

Corp.

................

161,800‌

1,555,732‌

CONSUMER

STAPLES

-

HOUSEHOLD

AND

PERSONAL

PRODUCTS

 —

6.8%

2,300‌

L'Oreal

SA

................................................

735,407‌

1,300‌

Reckitt

Benckiser

Group

plc

......................

86,166‌

5,000‌

Shiseido

Co.

Ltd.

......................................

175,236‌

5,000‌

Unilever

plc

..............................................

220,082‌

1,216,891‌

FINANCIALS

 —

6.6%

25,000‌

AIA

Group

Ltd.

.........................................

208,148‌

1,300‌

Euronext

NV

.............................................

82,272‌

32,000‌

Investor

AB,

Cl. B

.....................................

466,919‌

10,000‌

Kinnevik

AB,

Cl. B†

...................................

131,059‌

11,700‌

Prudential

plc

...........................................

114,515‌

579‌

S&P

Global

Inc.

........................................

176,798‌

1,179,711‌

ENERGY

AND

UTILITIES

 —

0.4%

2,000‌

Equinor

ASA

.............................................

65,957‌

TOTAL

COMMON

STOCKS

..................

17,662,325‌

WARRANTS

 —

0.0%

CONSUMER

DISCRETIONARY

 —

0.0%

14,300‌

Cie

Financiere

Richemont

SA,

expire

11/22/23†

.............................................

6,377‌

Principal

Amount

U.S.

GOVERNMENT

OBLIGATIONS

 —

0.7%

$

115,000‌

U.S.

Treasury

Bill,

2.481%††,

11/10/22

.............................

114,671‌

TOTAL

INVESTMENTS

—

100.0%

(Cost

$12,388,800)

...............................

$

17,783,373‌

†

Non-income

producing

security.

††

Represents

annualized

yield

at

date

of

purchase.

2

Gabelli

International

Growth

Fund,

Inc.

Schedule

of

Investments

(Continued)

—

September

30,

2022

(Unaudited)

Geographic

Diversification

%

of

Market

Value

Market

Value

Europe

..............................

70.2‌

%

$

12,484,627‌

Japan

...............................

20.6‌

3,658,436‌

North

America

......................

6.3‌

1,128,815‌

Asia/Pacific

.........................

2.9‌

511,495‌

100.0‌%

$

17,783,373‌