Teton Advisors, LLC is a publicly owned investment manager. The firm primarily provides its services to business development companies. It manages separate client-focused equity portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity and fixed income markets of the United States. The firm primarily invests in value stocks of small-cap and mid-cap companies. It considers companies with market capitalization in the range of $100 million to $2.5 billion for its small-cap investments. The firm employs a fundamental analysis with bottom-up stock picking approach to make its investments. The firm obtains external research to complement its in-house research. It was formerly known as Gabelli Advisors LLC. Teton Advisors, LLC was founded in 2021 and is based in Greenwich, Connecticut.