Exhibit (d)
DRAFT
Contractual Advisory Fee Waiver and Expense Reimbursement
AGREEMENT made this 1st day of October, by and between THE GABELLI WESTWOOD
FUNDS, a Massachusetts business trust (the "Trust"), and GABELLI ADVISERS,
INC. (the "Adviser").
The Adviser hereby agrees to waive advisory fees and reimburse expenses to
the extent necessary to maintain Total Annual Operating Expenses at the
following levels for a period of one year from the date of this Agreement for
each class of the following funds:
Fund Total Annual Operating Expenses
Class Class Class Class
AAA A B C
Gabelli Westwood Small Cap Equity Fund 1.50% 1.75% 2.25%
2.25%
Gabelli Westwood Mighty Mitessm Fund 1.50% 1.75% 2.25% 2.25%
Gabelli Westwood Realty Fund 1.50% 1.75% 2.25% 2.25%
Gabelli Westwood Intermediate Bond 1.00% 1.10% 1.75% 1.75%
Fund
This Agreement shall be renewable at the end of each one year period for an
additional one year period upon the written agreement of the parties hereto.
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be
executed as of the day and year first written above.
THE GABELLI WESTWOOD FUNDS GABELLI ADVISERS, INC.
By:____________By:_______________
Attest:_____________Attest:________
