# EDGAR Filing Document

**Accession Number:** 0000877670
**File Stem:** 0000940400-26-009563
**Filing Date:** 2026-3
**Character Count:** 25482
**Document Hash:** 5db712075ca70e6ed3d3775364872ffc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-009563.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0000940400-26-009563

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20260930

**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:** 26704056

**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

#### —

#### December

#### 31,

#### 2025
(Unaudited)

#### Shares

#### Market

#### Value

#### COMMON

#### STOCKS

#### —

#### 87.2%

#### Automobiles

#### —

#### 7.7%
80,699

Daimler

Truck

Holding

AG

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

$

3,539,334

21,900

Mercedes-Benz

Group

AG

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

1,546,014

17,225

Toyota

Motor

Corp.,

ADR

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

3,687,184

8,772,532

#### Banks

#### —

#### 25.6%
82,500

Banco

Bilbao

Vizcaya

Argentaria

SA

..........

1,943,928

75,250

Commerzbank

AG

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

3,192,460

1,614,900

Dah

Sing

Banking

Group

Ltd.

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

2,214,011

443,700

Dah

Sing

Financial

Holdings

Ltd.

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

2,015,911

2,011

First

Citizens

BancShares

Inc.,

Cl. A

..........

4,315,968

119,948

Flushing

Financial

Corp.

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

1,819,611

36,500

ING

Groep

NV

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

1,029,904

44,900

Japan

Post

Bank

Co.

Ltd.

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

633,198

30,076

Shinhan

Financial

Group

Co.

Ltd.,

ADR

.....

1,612,976

42,355

Southern

First

Bancshares

Inc.†

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

2,182,130

11,100

Texas

Capital

Bancshares

Inc.†

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

1,004,994

1,648,500

The

Bank

of

East

Asia

Ltd.

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

2,821,388

89,505

TrustCo

Bank

Corp.

NY

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

3,699,242

12,450

Webster

Financial

Corp.

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

783,603

29,269,324

#### Consumer

#### Finance

#### —

#### 4.6%
32,180

Ally

Financial

Inc.

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

1,457,432

15,460

Capital

One

Financial

Corp.

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

3,746,886

5,204,318

#### Diversified

#### Banks

#### —

#### 11.4%
92,500

Barclays

plc

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

593,440

15,050

Citigroup

Inc.

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

1,756,185

108,170

Credit

Agricole

SA

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

2,230,980

24,223

Hana

Financial

Group

Inc.

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

1,582,301

169,785

NatWest

Group

plc

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

1,491,721

11,360

Societe

Generale

SA

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

917,431

111,200

Standard

Chartered

plc

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

2,731,033

20,700

UniCredit

SpA

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

1,725,245

13,028,336

#### Energy

#### and

#### Utilities

#### —

#### 2.2%
129,642

Vitesse

Energy

Inc.

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

2,496,905

#### Homebuilders

#### —

#### 4.2%
3,940

Cavco

Industries

Inc.†

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

2,327,516

128,997

Legacy

Housing

Corp.†

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

2,518,021

4,845,537

#### Institutional

#### Banking

#### —

#### 1.6%
27,200

Moelis

&

Co.,

Cl. A

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

1,869,728

#### Institutional

#### Brokerage

#### —

#### 2.9%
149,600

Daiwa

Securities

Group

Inc.

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

1,308,904

139,600

Ichiyoshi

Securities

Co.

Ltd.

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

966,078

17,310

Jefferies

Financial

Group

Inc.

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

1,072,701

3,347,683

#### Shares

#### Market

#### Value

#### Institutional

#### Trust,

#### Fiduciary,

#### and

#### Custody

#### —

#### 4.0%
14,180

State

Street

Corp.

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

$

1,829,362

23,300

The

Bank

of

New

York

Mellon

Corp.

..........

2,704,897

4,534,259

#### Insurance

#### —

#### 11.9%
225,118

Aegon

Ltd.

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

1,756,669

311,200

E-L

Financial

Corp.

Ltd.

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

3,688,918

65,836

First

American

Financial

Corp.

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

4,044,964

23,155

NN

Group

NV

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

1,788,901

52,350

Old

Republic

International

Corp.

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

2,389,254

13,668,706

#### Investment

#### Management

#### —

#### 7.3%
22,416

Diamond

Hill

Investment

Group

Inc.

..........

3,799,512

36,450

Janus

Henderson

Group

plc

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

1,733,926

102,413

The

Westaim

Corp.†

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

1,902,686

53,858

Westwood

Holdings

Group

Inc.

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

926,896

8,363,020

#### Reinsurance

#### —

#### 3.8%
73,700

Aspen

Insurance

Holdings

Ltd.,

Cl. A†

.......

2,734,270

15,550

Axis

Capital

Holdings

Ltd.

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

1,665,249

4,399,519

#### TOTAL

#### COMMON

#### STOCKS

#### ..................
99,799,867

#### Principal

#### Amount

#### U.S.

#### GOVERNMENT

#### OBLIGATIONS

#### —

#### 12.8%
$

14,800,000

U.S.

Treasury

Bills,

3.556%

to

3.760%††,

03/12/26

to

05/14/26

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

14,684,276

#### TOTAL

#### INVESTMENTS

#### —

#### 100.0%
(Cost

$79,511,095)

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

$

114,484,143

†

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:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $114814399.95

**Total Liabilities:** $2068559.29

**Net Assets:** $112745840.66

**Cash Not Reported:** $1160.51

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000203680 | -0.95%               | 4.14%                | 5.02%                |
| Class ID C000203681 | -1.00%               | 4.13%                | 4.97%                |
| Class ID C000203682 | -1.01%               | 4.10%                | 4.97%                |
| Class ID C000203683 | -1.12%               | 4.07%                | 4.92%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $197464.83               | $-942824.57                                |
| Month 2  | $-22115.99               | $3138774.99                                |
| Month 3  | $1904.05                 | $4249360.07                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Citigroup Inc                  | Citigroup Inc                      | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     15050 | NS      | $1756184.50   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| TrustCo Bank Corp NY           | TrustCo Bank Corp NY               | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89505 | NS      | $3699241.65   | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                   | ING Groep NV                       | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |     36500 | NS      | $1029904.15   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc             | Ally Financial Inc                 | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     32180 | NS      | $1457432.20   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd      | Axis Capital Holdings Ltd          | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     15550 | NS      | $1665249.50   | 1.48%             |  |  |  | No            |                  1 | 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      | $2704897.00   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                  | UniCredit SpA                      | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |     20700 | NS      | $1725245.31   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc/ | First Citizens BancShares Inc/NC   | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      2011 | NS      | $4315967.98   | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA            | Societe Generale SA                | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |     11360 | NS      | $917430.69    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| E-L Financial Corp Ltd         | E-L Financial Corp Ltd             | CUSIP: 268575107<br>LEI: 5493008YS2NMV2UCI287 | Long             | EC               | CORP              | CA        |    311200 | NS      | $3688917.71   | 3.27%             |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797PV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11225000 | PA      | $11141739.80  | 9.88%             | 2026-03-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Aegon Ltd                      | Aegon Ltd                          | CUSIP: 000000000<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | EC               | CORP              | NL        |    225118 | NS      | $1756669.59   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Dah Sing Banking Group Ltd     | Dah Sing Banking Group Ltd         | CUSIP: 000000000<br>LEI: 529900DXBMKJOLLQOM66 | Long             | EC               | CORP              | HK        |   1614900 | NS      | $2214010.95   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                   | Barclays PLC                       | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |     92500 | NS      | $593440.04    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of East Asia Ltd/The      | Bank of East Asia Ltd/The          | CUSIP: 000000000<br>LEI: CO6GC26LCGGRTUESIP55 | Long             | EC               | CORP              | HK        |   1648500 | NS      | $2821388.46   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group Inc       | Hana Financial Group Inc           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     24223 | NS      | $1582301.41   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC              | NatWest Group PLC                  | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |    169785 | NS      | $1491720.50   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Flushing Financial Corp        | Flushing Financial Corp            | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    119948 | NS      | $1819611.16   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group PLC      | Janus Henderson Group PLC          | CUSIP: 000000000<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | GB        |     36450 | NS      | $1733926.50   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Agricole SA             | Credit Agricole SA                 | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EC               | CORP              | FR        |    108170 | NS      | $2230980.29   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc           | Cavco Industries Inc               | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3940 | NS      | $2327515.60   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc  | Jefferies Financial Group Inc      | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     17310 | NS      | $1072700.70   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa Securities Group Inc     | Daiwa Securities Group Inc         | CUSIP: 000000000<br>LEI: 353800WRC7Y23PWFJG38 | Long             | EC               | CORP              | JP        |    149600 | NS      | $1308904.49   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                    | Moelis & Co                        | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     27200 | NS      | $1869728.00   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797SB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    165000 | PA      | $163885.77    | 0.15%             | 2026-03-12      | 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        |     42355 | NS      | $2182129.60   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp              | State Street Corp                  | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     14180 | NS      | $1829361.80   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Westaim Corp/The               | Westaim Corp/The                   | CUSIP: 956925101<br>LEI: 549300TSCVMK1W6GSK84 | Long             | EC               | CORP              | US        |    102413 | NS      | $1902685.88   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp         | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     15460 | NS      | $3746885.60   | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Vitesse Energy Inc             | Vitesse Energy Inc                 | CUSIP: 92852X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129642 | NS      | $2496904.92   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Cor | Old Republic International Corp    | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     52350 | NS      | $2389254.00   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG         | Mercedes-Benz Group AG             | CUSIP: 000000000<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |     21900 | NS      | $1546014.38   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichiyoshi Securities Co Ltd    | Ichiyoshi Securities Co Ltd        | CUSIP: 000000000<br>LEI: 353800A8M3VE49QYFV53 | Long             | EC               | CORP              | JP        |    139600 | NS      | $966077.63    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC         | Standard Chartered PLC             | CUSIP: 000000000<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |    111200 | NS      | $2731032.97   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Daimler Truck Holding AG       | Daimler Truck Holding AG           | CUSIP: 000000000<br>LEI: 529900PW78JIYOUBSR24 | Long             | EC               | CORP              | DE        |     80699 | NS      | $3539334.19   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NN Group NV                    | NN Group NV                        | CUSIP: 000000000<br>LEI: 724500OHYNDT9OY6Q215 | Long             | EC               | CORP              | NL        |     23155 | NS      | $1788900.84   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Motor Corp              | Toyota Motor Corp                  | CUSIP: 892331307<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |     17225 | NS      | $3687183.50   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamond Hill Investment Group  | Diamond Hill Investment Group Inc  | CUSIP: 25264R207<br>LEI: 549300AQ6779A0B7VZ57 | Long             | EC               | CORP              | US        |     22416 | NS      | $3799512.00   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BBVA                           | Banco Bilbao Vizcaya Argentaria SA | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |     82500 | NS      | $1943927.70   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| DAH SING                       | Dah Sing Financial Holdings Ltd    | CUSIP: 000000000<br>LEI: 529900J55QMXMR5KMH32 | Long             | EC               | CORP              | HK        |    443700 | NS      | $2015911.19   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares Inc   | Texas Capital Bancshares Inc       | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     11100 | NS      | $1004994.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797QN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $789781.74    | 0.70%             | 2026-05-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Shinhan Financial Group Co Ltd | Shinhan Financial Group Co Ltd     | CUSIP: 824596100<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |     30076 | NS      | $1612975.88   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp         | Webster Financial Corp             | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     12450 | NS      | $783603.00    | 0.70%             |  |  |  | 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      | $926896.18    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Legacy Housing Corp            | Legacy Housing Corp                | CUSIP: 52472M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    128997 | NS      | $2518021.44   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp  | First American Financial Corp      | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     65836 | NS      | $4044963.84   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerzbank AG                 | Commerzbank AG                     | CUSIP: 000000000<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | EC               | CORP              | DE        |     75250 | NS      | $3192460.18   | 2.83%             |  |  |  | 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      | $633197.78    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Insurance Holdings Ltd   | Aspen Insurance Holdings Ltd       | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EC               | CORP              | BM        |     73700 | NS      | $2734270.00   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill        | CUSIP: 912797SC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2610000 | PA      | $2588868.55   | 2.30%             | 2026-03-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

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

**Signature:** John C. Ball

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

**Title:** Treasurer