A press release entitled, "Gabelli U.​S. Treasury Money Market Fund Exceeds $​3 Billion In AUM," tells us, "Gabelli Funds, LLC is pleased to announce that the Gabelli U.​S. Treasury Money Market Fund (​GABXX) exceeded $​3 billion in assets under management on April 9, 2020. This achievement marks a significant new milestone in reinforcing the Fund'​s reputation in the money market space as it continues to grow while providing shareholders with outstanding tax advantaged returns. The Gabelli U.​S. Treasury Money Market Fund is among the most attractive money market funds in its class. The quality of U.​S. Treasury securities coupled with total expenses capped at 0.​08% and the exemption from state and local income taxes of its dividends, translates into an effective after-​tax yield competitive with any fund in the industry." It adds, "The Gabelli U.​S. Treasury Money Market Fund is a money market mutual fund managed by Gabelli Funds, LLC, a wholly owned subsidiary of GAMCO Investors, Inc. (​GBL). The Fund invests exclusively in U.​S. Treasury securities and its primary objective is high current income consistent with the preservation of principal and liquidity."

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