Amendment to Schedule 13D Filing for Gabelli Global Small & Mid Cap Value Trust

This filing is an amendment to a Schedule 13D, reporting changes in beneficial ownership of common shares of Gabelli Global Small & Mid Cap Value Trust. The reporting persons, including GAMCO Investors, Inc. and Mario Gabelli, collectively hold 2,812,797 shares, representing 36.49% of the outstanding shares. This increase in ownership percentage is attributed to a decrease in the total number of outstanding shares reported by the issuer. The filing details the principal business activities and addresses of the various reporting entities and individuals involved. No transactions in the securities were effected during the past sixty days. Each reporting person has the sole power to vote or direct the vote and dispose or direct the disposition of the securities reported for it, with certain exceptions related to voting power and investment advisory clients.