GAB

Insider Trades

Name	Value	Action	Price	Current Price
Gabelli Mario JDirector, Other: Control Person Of Adviser $29k5k shares SellNov 25, 2024 $5.73 --

News

globenewswire.comGabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Shareglobenewswire.comMay 13

forbes.comWhile Everyone Chases Tech, These 3 Funds Quietly Pay 11%forbes.comMay 13

247wallst.comThis CEF Appears Down From Its 1986 Prices, but It's Hiding a Lovely Secret247wallst.comApr 27

247wallst.comGabelli Equity Trust pays 9.5% yield while founder quietly buys millions in shares247wallst.comApr 27

globenewswire.comGabelli Equity Trust Rights Offering Oversubscribed by $117 Million Raising $155 Millionglobenewswire.comApr 22

Trade GAB

About The Gabelli Equity Trust Inc.

The Gabelli Equity Trust Inc. functions as a closed-end equity mutual fund, initially established by GAMCO Investors, Inc. Its investment activities and general management are overseen by Gabelli Funds, LLC. The fund's primary focus is on deploying capital into the public stock markets of the United States, aiming to construct a diversified portfolio that includes companies from various industrial sectors. Beyond common stock, its holdings can extend to preferred shares, convertible or exchangeable securities, and various warrants and rights. A central pillar of its investment methodology is to pinpoint and invest in value stocks, irrespective of a company's market capitalization. The selection of individual securities is driven by rigorous fundamental analysis, utilizing a bottom-up stock-picking approach. For performance evaluation, the fund benchmarks its returns against several major market indices: the S&P 500 Index, the Dow Jones Industrial Average, and the Nasdaq Composite Index. This U.S.-domiciled trust was founded on August 21, 1986.

CEO: Carter W. Austin
IPO Date: Aug 14, 1986

Market Data

Open: $5.47
High: $5.49
Low: $5.42
Volume: 808.8K
Avg Volume: 1.2M
52W High: $6.31
52W Low: $5.28

Valuation

Market Cap: $1.7B
Enterprise Value: $1.8B
Dividend Yield: 60.0%

Financials

Free Cash Flow: $-4.3M
Revenue: $191M
Net Income: $303M
Cash: $553k
Debt: $103M

Events

DividendJun 15

$0.15