# EDGAR Filing Document

**Accession Number:** 0000877670
**File Stem:** 0001829126-26-003114
**Filing Date:** 2026-4
**Character Count:** 3125
**Document Hash:** 466a57dfbbc098cf8a89ae12136fd570
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001829126-26-003114.hdr.sgml**: 20260402

**ACCESSION NUMBER**: 0001829126-26-003114

**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 EQUITY SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000877670

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

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-41913
- **FILM NUMBER:** 26834462

**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 SMALL CAP GROWTH FUND (Series ID: S000001062)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000002854 | CLASS A      | GCASX           |
| C000002855 | CLASS AAA    | GABSX           |
| C000002857 | CLASS C      | GCCSX           |
| C000061073 | Class I      | GACIX           |

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

**Registration No. 033-41913**

**GABELLI EQUITY SERIES FUNDS, INC.**

**The Gabelli Small Cap Growth 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 The Gabelli Small Cap Growth Fund (the "Small Cap Growth Fund"). Unless otherwise indicated, all other information included in the Summary Prospectus, 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 paragraph replaces the disclosure in the Summary Prospectus sub-section entitled "Management—The Portfolio Manager" beginning on page 5:*

**<u>The Portfolio Managers</u>.** Mario J. Gabelli, CFA, Christopher J. Marangi, and Kevin V. Dreyer 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 October 22, 1991, and Messrs. Marangi and Dreyer 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 G. Anthony Bancroft, Sarah Donnelly, Joseph Gabelli, Brian C. Sponheimer, and Hendi Susanto.

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**