<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000901246
<NAME> GABELLI CAPITAL SERIES
<SERIES>
<NUMBER> 1
<NAME> GABELLI CAPITAL ASSET FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
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<ACCUMULATED-NII-CURRENT> 144342
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<APPREC-INCREASE-CURRENT> (16953497)
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<NUMBER-OF-SHARES-SOLD> 659949
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<NET-CHANGE-IN-ASSETS> (11653438)
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</TABLE>
