Gabelli Equity Trust

GAB

Market cap $1.88B

Overview Fund Activity

6.08 USD

+0.01

0.16%

At close Updated Sep 17, 4:00 PM EDT

Pre-market

After hours

6.08

0.00

0%

1 day

0.16%

5 days

-1.78%

1 month

1.67%

3 months

9.16%

6 months

12.8%

Year to date

13.22%

1 year

13.01%

5 years

16.48%

10 years

14.29%

About: Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is the long-term growth of capital with income as a secondary objective. The Fund invests at least its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, Consumer Services and others.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 14

25% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 48

12% more capital invested

Capital invested by funds: $129M [Q1] → $145M (+$16M) [Q2]

2% more funds holding

Funds holding: 186 [Q1] → 190 (+4) [Q2]

0.49% more ownership

Funds ownership: 7.61% [Q1] → 8.11% (+0.49%) [Q2]

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Financial journalist opinion

Based on 3 articles about GAB published over the past 30 days

Gabelli Equity Trust High Quality Preferred Shares: Stability And Yield In A Volatile Market

Gabelli Equity Trust preferred shares present a compelling fixed-income alternative as common stocks remain overvalued. GAB's preferreds offer a stable A1 credit rating, trade below par, and yield approximately 5.8% with cumulative distributions. Compared to peers, GAB's preferreds have tighter spreads and strong credit quality, enhancing their appeal for risk-conscious investors.

Gabelli Equity Trust High Quality Preferred Shares: Stability And Yield In A Volatile Market

This 10% Dividend Will Be The First To Fall In The Next Pullback

This market continues to float higher—and that means we dividend investors do need to be more selective. But it doesn't mean there aren't high-yield options on the table for us.

This 10% Dividend Will Be The First To Fall In The Next Pullback

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.15 Per Share

RYE, N.Y., Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on September 23, 2025 to common stock shareholders of record on September 16, 2025.

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.15 Per Share

High-Quality Preferred Stock With 6% Yield Potential From Gabelli Equity Trust

I'm shifting focus to high-quality preferred stocks like those from Gabelli Equity Trust, as common stocks seem overvalued and fixed income offers better risk-return. GAB's preferreds are A1-rated, trade below par, yield around 6%, and offer strong stability with low leverage and robust protections. Compared to peers, GAB's preferreds deliver higher yields for their credit quality, making them attractive versus riskier alternatives with lower returns.

High-Quality Preferred Stock With 6% Yield Potential From Gabelli Equity Trust

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on June 23, 2025 to common stock shareholders of record on June 13, 2025.

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

GAB: Lack Of Tech Exposure Is A Plus, But This Fund Is Incredibly Expensive

The Gabelli Equity Trust offers high income and equity exposure, boasting a 10.73% yield, significantly higher than major domestic equity indices and fixed-income indices. The fund's portfolio lacks exposure to the underperforming technology sector, contributing to its outperformance compared to the S&P 500 Index year-to-date. GAB has a place in a portfolio, as its holdings are very different from those of most other closed-end funds. This helps avoid concentration in only a few companies.

GAB: Lack Of Tech Exposure Is A Plus, But This Fund Is Incredibly Expensive

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.15 Per Share

RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on March 24, 2025 to common stock shareholders of record on March 17, 2025.

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.15 Per Share

Sell Equity, Buy Fixed Income, Part 2: GAB And 5.9% From One Of The Highest Rated Preferred Shares On The Exchange

We recommend selling equity and buying fixed income, focusing on high-yield preferred shares like Gabelli Equity Trust preferred stock for minimal credit risk. GAB preferred shares offer a high yield of 5.87% with strong credit ratings (A1 from Moody's and A from Fitch), making them a safe investment. GAB trades at a 1.47% discount with low leverage, ensuring stability and safety in comparison to other preferred stocks with higher risks.

Sell Equity, Buy Fixed Income, Part 2: GAB And 5.9% From One Of The Highest Rated Preferred Shares On The Exchange

GAB: 5 Reasons Why I Would Avoid This CEF

The Gabelli Equity Trust is a closed-end investment company focused on long-term growth of capital. GAB's expense ratio of 1.6% is significantly higher than the average equity mutual fund expense ratio and represents a key negative. The fund's underweight exposure to mega-cap tech companies and premium to NAV are also key negatives.

GAB: 5 Reasons Why I Would Avoid This CEF

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share

RYE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on December 20, 2024 to common stock shareholders of record on December 13, 2024. With this fourth quarter distribution, the total distributions from the Fund for 2024 would equate to $0.60 per share.

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share

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