# EDGAR Filing Document

**Accession Number:** 0001394166
**File Stem:** 0001829126-26-003109
**Filing Date:** 2026-4
**Character Count:** 3096
**Document Hash:** f14d87c8805bdcf7750142fdff348cbb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001829126-26-003109.hdr.sgml**: 20260402

**ACCESSION NUMBER**: 0001829126-26-003109

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260402

**DATE AS OF CHANGE**: 20260402

**EFFECTIVENESS DATE**: 20260402

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Gabelli 787 Fund, Inc.
- **CENTRAL INDEX KEY:** 0001394166

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-141582
- **FILM NUMBER:** 26834399

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 1580-1422
- **BUSINESS PHONE:** 800-422-3554

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 1580-1422

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 787 Fund, Inc.
- **DATE OF NAME CHANGE:** 20070322

## Series and Classes Contracts Data

### Enterprise Mergers and Acquisitions Fund (Series ID: S000017793)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000049130 | Class A      | EMAAX           |
| C000049132 | Class C      | EMACX           |
| C000049133 | Class Y      | EMAYX           |
| C000085566 | Class AAA    | EAAAX           |

**Filed Pursuant to Rule 497(k)**

**Registration No. 333-141582**

**GABELLI 787 FUND, INC.**

**GABELLI ENTERPRISE MERGERS & ACQUISITIONS FUND**

**Supplement dated March 31, 2026**

**to**

**Summary Prospectus dated January 28, 2026**

This supplement amends certain information in the Summary Prospectus (the "Summary Prospectus"), dated January 28, 2026, of Gabelli Enterprise Mergers and Acquisitions Fund (the "Fund"). Unless otherwise indicated, all other information included in the Prospectus and SAI, or any previous supplements thereto, that is not inconsistent with the information set forth in this supplement, remains unchanged. Capitalized terms not otherwise defined in this supplement have the same meaning as in the Summary Prospectus.

*The following paragraphs replace the disclosure in the Summary Prospectus sub-section entitled "The Portfolio Manager" beginning on page 7:*

**<u>The Portfolio Managers</u>.** Mario J. Gabelli, CFA, Kevin V. Dreyer, and Willis Brucker are primarily responsible for the day-to-day management of the Fund. Mr. Gabelli has served as portfolio manager of the Fund since its inception on February 28, 2001, and Messrs. Dreyer and Brucker have served as portfolio managers of the Fund since March 2026.

The investment team assists in developing and executing the Fund's investment strategy and includes Salvatore Muoio, Gustavo Pifano, and Paul Young.

The members of the investment team may take on primary responsibility for the day-to-day management of the Fund in place of or in addition to the named portfolio managers, and are subject to change from time to time, in the judgment and at the discretion of the Adviser.

**SHAREHOLDERS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**