# EDGAR Filing Document

**Accession Number:** 0000877670
**File Stem:** 0001752724-25-212181
**Filing Date:** 2025-8
**Character Count:** 26444
**Document Hash:** 2f6e72697b8bfbbf56f312bf16edf0ef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-212181.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001752724-25-212181

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GABELLI EQUITY SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000877670

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06367
- **FILM NUMBER:** 251276668

**BUSINESS ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **STREET 2:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 9149217728

**MAIL ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **STREET 2:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

## Series and Classes Contracts Data

### The Gabelli Global Financial Services Fund (Series ID: S000062891)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000203680 | CLASS I      | GFSIX           |
| C000203681 | CLASS A      | GGFSX           |
| C000203682 | CLASS AAA    | GAFSX           |
| C000203683 | CLASS C      | GCFSX           |

## Nport-Ex

#### The

#### Gabelli

#### Global

#### Financial

#### Services

#### Fund

#### Schedule

#### of

#### Investments

#### —

#### June

#### 30,

#### 2025
(Unaudited)

#### Shares

#### Market

#### Value

#### COMMON

#### STOCKS

#### —

#### 91.9%

#### Automobiles

#### —

#### 7.2%
31,199

Daimler

Truck

Holding

AG

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

$

1,476,282

11,600

Mercedes-Benz

Group

AG

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

678,975

12,975

Toyota

Motor

Corp.,

ADR

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

2,235,074

4,390,331

#### Banks

#### —

#### 25.1%
82,500

Banco

Bilbao

Vizcaya

Argentaria

SA

..........

1,268,696

82,000

Commerzbank

AG

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

2,586,731

1,138,700

Dah

Sing

Banking

Group

Ltd.

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

1,318,580

352,900

Dah

Sing

Financial

Holdings

Ltd.

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

1,337,432

1,056

First

Citizens

BancShares

Inc.,

Cl. A

..........

2,066,032

36,398

Flushing

Financial

Corp.

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

432,408

36,500

ING

Groep

NV

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

800,828

44,900

Japan

Post

Bank

Co.

Ltd.

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

484,841

22,250

Shinhan

Financial

Group

Co.

Ltd.,

ADR

.....

1,005,255

25,827

Southern

First

Bancshares

Inc.†

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

982,201

11,100

Texas

Capital

Bancshares

Inc.†

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

881,340

53,255

TrustCo

Bank

Corp.

NY

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

1,779,782

7,700

Webster

Financial

Corp.

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

420,420

15,364,546

#### Consumer

#### Finance

#### —

#### 5.2%
25,680

Ally

Financial

Inc.

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

1,000,236

10,310

Capital

One

Financial

Corp.

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

2,193,556

3,193,792

#### Diversified

#### Banks

#### —

#### 14.7%
92,500

Barclays

plc

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

428,270

15,050

Citigroup

Inc.

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

1,281,056

45,170

Credit

Agricole

SA

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

854,787

20,417

Hana

Financial

Group

Inc.

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

1,305,562

169,785

NatWest

Group

plc

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

1,191,845

11,360

Societe

Generale

SA

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

649,672

114,200

Standard

Chartered

plc

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

1,892,053

20,700

UniCredit

SpA

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

1,387,669

8,990,914

#### Energy

#### and

#### Utilities

#### —

#### 1.8%
50,522

Vitesse

Energy

Inc.

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

1,116,031

#### Homebuilders

#### —

#### 3.9%
3,500

Cavco

Industries

Inc.†

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

1,520,505

37,158

Legacy

Housing

Corp.†

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

842,000

2,362,505

#### Institutional

#### Banking

#### —

#### 2.0%
19,700

Moelis

&

Co.,

Cl. A

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

1,227,704

#### Institutional

#### Brokerage

#### —

#### 4.4%
118,500

Daiwa

Securities

Group

Inc.

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

843,049

101,200

Ichiyoshi

Securities

Co.

Ltd.

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

571,338

23,310

Jefferies

Financial

Group

Inc.

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

1,274,824

2,689,211

#### Shares

#### Market

#### Value

#### Institutional

#### Trust,

#### Fiduciary,

#### and

#### Custody

#### —

#### 5.9%
14,180

State

Street

Corp.

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

$

1,507,901

23,300

The

Bank

of

New

York

Mellon

Corp.

..........

2,122,863

3,630,764

#### Insurance

#### —

#### 11.8%
162,118

Aegon

Ltd.

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

1,174,064

183,700

E-L

Financial

Corp.

Ltd.

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

2,178,634

39,086

First

American

Financial

Corp.

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

2,399,490

21,955

NN

Group

NV

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

1,459,128

7,211,316

#### Investment

#### Management

#### —

#### 7.4%
11,413

Diamond

Hill

Investment

Group

Inc.

..........

1,658,423

19,200

Janus

Henderson

Group

plc

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

745,728

56,913

The

Westaim

Corp.†

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

1,285,584

53,858

Westwood

Holdings

Group

Inc.

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

840,185

4,529,920

#### Reinsurance

#### —

#### 2.5%
15,050

Axis

Capital

Holdings

Ltd.

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

1,562,491

#### TOTAL

#### COMMON

#### STOCKS

#### ..................
56,269,525

#### Principal

#### Amount

#### U.S.

#### GOVERNMENT

#### OBLIGATIONS

#### —

#### 8.1%
$

4,987,000

U.S.

Treasury

Bills,

4.239%

to

4.316%††,

07/31/25

to

12/11/25

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

4,948,346

#### TOTAL

#### INVESTMENTS

#### —

#### 100.0%
(Cost

$37,531,673)

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

$

61,217,871

†

Non-income

producing

security.

††

Represents

annualized

yields

at

dates

of

purchase.

ADR

American

Depositary

Receipt

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Gabelli Equity Series Funds Inc

- **b. Investment Company Act file number:** 811-06367

- **c. CIK number of Registrant:** 0000877670

- **d. LEI of Registrant:** 5493007J8TJQ0MSHWY40

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Corporate Center

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580-1422

  - **Telephone number:** 1-800-422-3554

**Item A.2. Information about the Series.**

- **a. Name of Series:** The Gabelli Global Financial Services Fund

- **b. EDGAR series identifier (if any):** S000062891

- **c. LEI of Series:** 549300OACYREG7GVGS13

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $61561383.17

**Total Liabilities:** $385610.52

**Net Assets:** $61175772.65

**Cash Not Reported:** $68381.47

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000203683 | -0.31%               | 6.41%                | 4.92%                |
| Class ID C000203681 | -0.12%               | 6.41%                | 5.00%                |
| Class ID C000203682 | -0.18%               | 6.48%                | 4.99%                |
| Class ID C000203680 | -0.12%               | 6.48%                | 4.99%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6734.87                 | $-138268.19                                |
| Month 2  | $-29871.24               | $3096220.10                                |
| Month 3  | $-40520.35               | $2725257.14                                |

### Schedule of Portfolio Investments

| Name                           | Title                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Shinhan Financial Group Co Ltd | Shinhan Financial Group Co Ltd     | CUSIP: 824596100<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |     22250 | NS      | $1005255.00   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc             | Ally Financial Inc                 | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     25680 | NS      | $1000236.00   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Dah Sing Banking Group Ltd     | Dah Sing Banking Group Ltd         | CUSIP: 000000000<br>LEI: 529900DXBMKJOLLQOM66 | Long             | EC               | CORP              | HK        |   1138700 | NS      | $1318579.48   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp         | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     10310 | NS      | $2193555.60   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797MG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    320000 | PA      | $318604.85    | 0.52%             | 2025-08-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Diamond Hill Investment Group  | Diamond Hill Investment Group Inc  | CUSIP: 25264R207<br>LEI: 549300AQ6779A0B7VZ57 | Long             | EC               | CORP              | US        |     11413 | NS      | $1658423.03   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG         | Mercedes-Benz Group AG             | CUSIP: 000000000<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |     11600 | NS      | $678975.09    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Daimler Truck Holding AG       | Daimler Truck Holding AG           | CUSIP: 000000000<br>LEI: 529900PW78JIYOUBSR24 | Long             | EC               | CORP              | DE        |     31199 | NS      | $1476282.13   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                  | UniCredit SpA                      | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |     20700 | NS      | $1387668.68   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797QM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    105000 | PA      | $104218.08    | 0.17%             | 2025-09-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797QY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    425000 | PA      | $417093.51    | 0.68%             | 2025-12-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Janus Henderson Group PLC      | Janus Henderson Group PLC          | CUSIP: 000000000<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | GB        |     19200 | NS      | $745728.00    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797PW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1190000 | PA      | $1179908.80   | 1.93%             | 2025-09-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NN Group NV                    | NN Group NV                        | CUSIP: 000000000<br>LEI: 724500OHYNDT9OY6Q215 | Long             | EC               | CORP              | NL        |     21955 | NS      | $1459127.96   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BBVA                           | Banco Bilbao Vizcaya Argentaria SA | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |     82500 | NS      | $1268696.32   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichiyoshi Securities Co Ltd    | Ichiyoshi Securities Co Ltd        | CUSIP: 000000000<br>LEI: 353800A8M3VE49QYFV53 | Long             | EC               | CORP              | JP        |    101200 | NS      | $571338.50    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC              | NatWest Group PLC                  | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |    169785 | NS      | $1191845.21   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC         | Standard Chartered PLC             | CUSIP: 000000000<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |    114200 | NS      | $1892052.52   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797MH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    375000 | PA      | $372124.09    | 0.61%             | 2025-09-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southern First Bancshares Inc  | Southern First Bancshares Inc      | CUSIP: 842873101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25827 | NS      | $982200.81    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc  | Jefferies Financial Group Inc      | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     23310 | NS      | $1274823.90   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797PQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    410000 | PA      | $407146.40    | 0.67%             | 2025-08-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Capital Bancshares Inc   | Texas Capital Bancshares Inc       | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     11100 | NS      | $881340.00    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Westwood Holdings Group Inc    | Westwood Holdings Group Inc        | CUSIP: 961765104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53858 | NS      | $840184.80    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerzbank AG                 | Commerzbank AG                     | CUSIP: 000000000<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | EC               | CORP              | DE        |     82000 | NS      | $2586731.08   | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                   | ING Groep NV                       | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |     36500 | NS      | $800828.13    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                   | Barclays PLC                       | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |     92500 | NS      | $428270.23    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Flushing Financial Corp        | Flushing Financial Corp            | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36398 | NS      | $432408.24    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc/ | First Citizens BancShares Inc/NC   | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      1056 | NS      | $2066032.32   | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Westaim Corp/The               | Westaim Corp/The                   | CUSIP: 956925101<br>LEI: 549300TSCVMK1W6GSK84 | Long             | EC               | CORP              | US        |     56913 | NS      | $1285583.90   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797PX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    342000 | PA      | $338837.96    | 0.55%             | 2025-09-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797PN1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1360000 | PA      | $1352855.77   | 2.21%             | 2025-08-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Moelis & Co                    | Moelis & Co                        | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     19700 | NS      | $1227704.00   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TrustCo Bank Corp NY           | TrustCo Bank Corp NY               | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53255 | NS      | $1779782.10   | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Agricole SA             | Credit Agricole SA                 | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EC               | CORP              | FR        |     45170 | NS      | $854786.54    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797PG6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    135000 | PA      | $134533.83    | 0.22%             | 2025-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| First American Financial Corp  | First American Financial Corp      | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     39086 | NS      | $2399489.54   | 3.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc           | Cavco Industries Inc               | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3500 | NS      | $1520505.00   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Vitesse Energy Inc             | Vitesse Energy Inc                 | CUSIP: 92852X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50522 | NS      | $1116030.98   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA            | Societe Generale SA                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |     11360 | NS      | $649672.41    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp         | Webster Financial Corp             | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |      7700 | NS      | $420420.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| E-L Financial Corp Ltd         | E-L Financial Corp Ltd             | CUSIP: 268575107<br>LEI: 5493008YS2NMV2UCI287 | Long             | EC               | CORP              | CA        |    183700 | NS      | $2178634.11   | 3.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Aegon Ltd                      | Aegon Ltd                          | CUSIP: 000000000<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | EC               | CORP              | NL        |    162118 | NS      | $1174064.49   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd      | Axis Capital Holdings Ltd          | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     15050 | NS      | $1562491.00   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp              | State Street Corp                  | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     14180 | NS      | $1507901.20   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797PP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    325000 | PA      | $323022.74    | 0.53%             | 2025-08-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/T | Bank of New York Mellon Corp/The   | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     23300 | NS      | $2122863.00   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DAH SING                       | Dah Sing Financial Holdings Ltd    | CUSIP: 000000000<br>LEI: 529900J55QMXMR5KMH32 | Long             | EC               | CORP              | HK        |    352900 | NS      | $1337432.09   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group Inc       | Hana Financial Group Inc           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     20417 | NS      | $1305562.46   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                      | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     15050 | NS      | $1281056.00   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa Securities Group Inc     | Daiwa Securities Group Inc         | CUSIP: 000000000<br>LEI: 353800WRC7Y23PWFJG38 | Long             | EC               | CORP              | JP        |    118500 | NS      | $843048.85    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Post Bank Co Ltd         | Japan Post Bank Co Ltd             | CUSIP: 000000000<br>LEI: 5493006JVO6N2HC2XZ76 | Long             | EC               | CORP              | JP        |     44900 | NS      | $484840.80    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Motor Corp              | Toyota Motor Corp                  | CUSIP: 892331307<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |     12975 | NS      | $2235073.50   | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Legacy Housing Corp            | Legacy Housing Corp                | CUSIP: 52472M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37158 | NS      | $842000.28    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** Gabelli Equity Series Funds Inc

**Signature:** John C. Ball

**Name of Signer:** John C. Ball

**Title:** Treasurer