THE GABELLI VALUE 25 FUND INC. OPERATING EXPENSES LIMITATION AGREEMENTOperating Expenses Limitation Agreement • April 27th, 2017 • Gabelli Value 25 Fund Inc • New York
THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 1st day of October, 2016, by and between The Gabelli Value 25 Fund Inc., a Maryland corporation (the “Fund”), on behalf of each of the Fund’s classes of shares listed on Appendix A (each, a “Class”), and the Fund’s investment adviser, Gabelli Funds, LLC (the “Adviser”).
