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Gabelli Dividend & Income Trust

GDV

Market cap $2.56B

29.55 USD

+0.15

0.51%

At close Updated Sep 11, 4:00 PM EDT

1 day

0.51%

5 days

-2.18%

1 month

-3.27%

3 months

1.93%

6 months

6.6%

Year to date

6.37%

1 year

8.76%

5 years

10.59%

10 years

52.24%

About: Gabelli Dividend & Income Trust operates as a diversified closed-end management investment company. The fund's investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. To achieve its objective, the fund may invest its assets in dividend-paying securities or other income-producing securities. The fund invests in various sectors, including Financial Services, Food and Beverage, Health Care, Consumer Products, Electronics, and Computer Software & Services, and others.

Financials Asset Management

News

Positive

Neutral

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Sentiment 3-Months

Positive 75%

Neutral 25%

Negative 0%

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Forget CDs, Buy These High Yielding Preferreds Instead

GDV: Deep Discount And Stable Monthly Payout Make This Attractive

The Gabelli Dividend & Income Trust remains attractive for long-term investors, offering a deep discount and stable monthly distributions. GDV's value-oriented, diversified portfolio limits tech exposure, differentiating it from major equity indexes and supporting the sustainability of its 6.05% yield. Saba Capital's activist efforts were rejected, and GDV's discount persists near historical averages, though with a narrowing trend.

GDV: Deep Discount And Stable Monthly Payout Make This Attractive

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.15 per Share

RYE, N.Y., Aug. 12, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.15 per share for each of October, November, and December 2026.

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.15 per Share

GDV: Solid Equity Fund For Retired Income Investors

The Gabelli Dividend & Income Trust remains a hold, offering a 6.2% yield and trading at a 12.26% discount to NAV. GDV's distributions are well covered by earnings, but reliance on net realized gains limits capital appreciation and increases vulnerability in downturns. The fund's moderate leverage (14.35%) and sector allocations, especially to financials and software, can amplify downside risk amid market uncertainty.

GDV: Solid Equity Fund For Retired Income Investors

CEF Weekly Review: Proxy Adviser Calls Out Gabelli

We review the CEF market valuation and performance through the second week of May and highlight recent market action. CEF market showed mixed performance; equity sectors outperformed while MLP and Utility funds lagged, with discounts remaining weak despite NAV strength. Loan CEFs underperformed due to distribution cuts from Fed rate moves and AI disruption concerns, widening their discounts after prior expensive levels.

CEF Weekly Review: Proxy Adviser Calls Out Gabelli

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.15 Per Share, Reaffirms Annualized Distribution of $1.80 Per Share

RYE, N.Y., May 13, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.15 per share for each of July, August, and September 2026.

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.15 Per Share, Reaffirms Annualized Distribution of $1.80 Per Share

Gabelli Dividend & Income Trust Announces Adjournment of 2026 Annual Meeting Until June 29, 2026

RYE, N.Y., May 11, 2026 (GLOBE NEWSWIRE) -- The Gabelli Dividend & Income Trust (NYSE: GDV) (the “Fund”) announced today that its 2026 annual meeting of shareholders (the “Annual Meeting”) has been adjourned. The meeting will be reconvened at 8:00 a.m.

Gabelli Dividend & Income Trust Announces Adjournment of 2026 Annual Meeting Until June 29, 2026

Leading Independent Proxy Advisor ISS Supports Saba's Case for Boardroom Change at Gabelli Dividend & Income Trust

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”), the second-largest common shareholder of Gabelli Dividend & Income Trust (NYSE: GDV) (“GDV” or the “Fund”), today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended that GDV shareholders support the election of Saba's independent nominee, Andre Clemot, to the Fund's Board of Trustees at the 2026 Annual Meeting.

Leading Independent Proxy Advisor ISS Supports Saba's Case for Boardroom Change at Gabelli Dividend & Income Trust

Leading Independent Proxy Advisory Firm Glass Lewis Recommends Shareholders Support all of Gabelli Dividend & Income Trust's Board Nominees on the White Proxy Card at GDV's Upcoming Annual Meeting

RYE, N.Y., April 30, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Dividend & Income Trust (the “Board”) (NYSE: GDV) (the “Fund”) is pleased to announce that Glass Lewis, a leading independent proxy advisory firm, has expressed its support for the election of all of the Board's nominees at the Fund's Annual Meeting of Shareholders scheduled for Monday, May 11, 2026. After reviewing the Fund's performance, corporate governance and slate of trustee candidates, as well as the candidate proposed by dissident shareholder Saba Capital Management (“Saba”), Glass Lewis has recommended that the shareholders vote: FOR ALL of the Board's nominees on the WHITE proxy card and DO NOT VOTE on Saba's gold proxy card.

Leading Independent Proxy Advisory Firm Glass Lewis Recommends Shareholders Support all of Gabelli Dividend & Income Trust's Board Nominees on the White Proxy Card at GDV's Upcoming Annual Meeting

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GDV's $1.80 annual payout faces a hidden test as leverage amplifies market risk

The Gabelli Dividend & Income Trust (NYSE:GDV) has pushed to an all-time high of roughly $29, with shares changing hands at about $29 and annual distributions stepped up to $1.80 per share.

GDV's $1.80 annual payout faces a hidden test as leverage amplifies market risk

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