Exhibit 28(d)(ix)
CONTRACTUAL MANAGEMENT FEE WAIVER AND
EXPENSE REIMBURSEMENT AGREEMENT
AGREEMENT made as of the 18th day of November, 2009 by and between GAMCO
Global Series Funds, Inc. (the "Company") on behalf of The GAMCO Global
Convertible Securities Fund (the "Fund"), a series of the Company, and Gabelli
Funds, LLC (the "Adviser").
With respect to the Fund, the Adviser hereby agrees to waive management
fees and/or reimburse expenses to the extent necessary to maintain the Fund's
Total Annual Operating Expenses (excluding brokerage costs, acquired fund fees
and expenses, interest, taxes, and extraordinary expenses) at no more than 2.00%
for Class AAA Shares, 2.00% for Class A Shares, 2.75% for Class B Shares and
2.75% for Class C Shares and 1.75% for Class I Shares of the average daily net
assets of the Fund.
This Agreement shall be in effect until May 1, 2011 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 GLOBAL SERIES FUNDS, INC. GABELLI FUNDS, LLC
ON BEHALF OF
THE GABELLI GLOBAL CONVERTIBLE
SECURITIES FUND
By: /S/ XXXXX XXXXXXX By: /S/ XXXXX XXXXXX
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Attest: /S/ XXXXX XXXXXX Attest: /S/ XXXXX XXXXXXX
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