EXHIBIT 23(D)
CONTRACTUAL MANAGEMENT FEE WAIVER AND
EXPENSE REIMBURSEMENT AGREEMENT
AGREEMENT made this 1st day of January, 2007 by and between GABELLI
INVESTOR FUNDS, INC., a Maryland corporation (the "Corporation"), and GABELLI
FUNDS, LLC (the "Manager").
With respect to the Gabelli ABC Fund, the sole series of the
Corporation (the "Fund"), the Manager hereby agrees to waive management fees
and/or reimburse expenses in the amount of 0.50% of the average daily net assets
of the Fund.
This Agreement shall be in effective until December 2007 and is
renewable for an additional one-year period upon the written agreement of the
parties hereto.
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be
executed as of the day and year first written above.
GABELLI INVESTOR FUNDS, INC. GABELLI FUNDS, LLC
By: /S/ XXXXX X. XXXXXX By: /S/ XXXXX X. XXXXX
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Xxxxx X. Xxxxxx Xxxxx X. XxXxx