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Gabelli Dividend & Income Trust

25.22 USD
+0.04
0.16%
Updated Feb 7, 12:37 PM EST
1 day
0.16%
5 days
2.90%
1 month
3.96%
3 months
1.57%
6 months
12.74%
Year to date
4.52%
1 year
14.79%
5 years
14.48%
10 years
17.91%
0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

64% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 11

3% more funds holding

Funds holding: 164 [Q2] → 169 (+5) [Q3]

8.25% less ownership

Funds ownership: 38.99% [Q2] → 30.74% (-8.25%) [Q3]

16% less capital invested

Capital invested by funds: $795M [Q2] → $666M (-$129M) [Q3]

19% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 59

67% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 1 (-2) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for GDV.

Financial journalist opinion

Positive
Seeking Alpha
1 week ago
GDV: Solid Performance And Consistent Monthly Dividends
Gabelli Dividend & Income Trust offers a 6.7% dividend yield with a focus on income and capital preservation, making it ideal for income-focused investors. GDV's $3B portfolio is heavily weighted in Financial Services, Health Care, and Food & Beverage sectors, with minimal exposure to technology stocks. The fund trades at a 13% discount to NAV, presenting an attractive entry point, but relies heavily on net realized gains for growth.
GDV: Solid Performance And Consistent Monthly Dividends
Neutral
Forbes
1 week ago
Weird Economic Fear Gives Us A 13% Discount On This Dividend Payer
We hear a lot of chatter in the business media about productivity these days—specifically how it could decline in the US (and, by extension, hit our gains from stocks—and stock-focused CEFs).
Weird Economic Fear Gives Us A 13% Discount On This Dividend Payer
Neutral
GlobeNewsWire
2 months ago
Gabelli Dividend & Income Trust Increases Annual Distribution 27% to $1.68 From $1.32 and Monthly Distribution Rate to $0.14 From $0.11
RYE, N.Y., Dec. 04, 2024 (GLOBE NEWSWIRE) -- In light of the performance of The Gabelli Dividend & Income Trust (NYSE: GDV) (the “Fund”) and the Fund's $1.4 billion in portfolio unrealized gains, The Board of Trustees has decided to increase the annual distribution to $1.68 per share, which will be paid $0.14 per share monthly. The increased monthly distributions will commence with the previously announced distribution dates in the first quarter of 2025.
Gabelli Dividend & Income Trust Increases Annual Distribution 27% to $1.68 From $1.32 and Monthly Distribution Rate to $0.14 From $0.11
Neutral
Seeking Alpha
2 months ago
3 Closed-End Fund Buys In The Month Of October 2024
Every month, I put cash to work in my closed-end fund portfolio to help build up cash flow over time. Broader equity markets have continued to perform well for the most part, and discounts narrowing on average for CEFs this year has kept me from wanting to get too aggressive. That said, I think there are still some opportunities for adding and worth putting capital to work more cautiously.
3 Closed-End Fund Buys In The Month Of October 2024
Neutral
GlobeNewsWire
2 months ago
Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 Per Share
RYE, N.Y., Nov. 14, 2024 (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 $0.11 per share for each of January, February, and March 2025.
Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 Per Share
Neutral
GlobeNewsWire
3 months ago
Gabelli Dividend & Income Trust Announces That GAMCO Investors, Inc. and Affiliates Purchased $107 million of Series M Cumulative Preferred
RYE, N.Y., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Gabelli Dividend & Income Trust (NYSE: GDV) (the “Fund”) announced today that GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) and affiliates purchased $107 million of the Fund's Series M Cumulative Preferred Shares (“Series M Preferred”). The Series M preferred carries a 4.80% dividend rate, is puttable/callable in December 2025 and has a mandatory redemption in December 2026.
Gabelli Dividend & Income Trust Announces That GAMCO Investors, Inc. and Affiliates Purchased $107 million of Series M Cumulative Preferred
Positive
Seeking Alpha
4 months ago
GDV: Stable And Modest Distribution With Attractive Discount
Gabelli Dividend & Income Trust offers a stable, modest monthly distribution with a deep discount and value-oriented portfolio. GDV's discount to NAV has narrowed since our last update but remains relatively attractive based on its historical level. Saba Capital Management, a well-known activist group, has taken an initial stake in the fund, which could push for some changes in the future.
GDV: Stable And Modest Distribution With Attractive Discount
Positive
Seeking Alpha
4 months ago
Wonderful News Income Investors, For Bottom Fishing
The time to buy cheap fixed-rate income is rapidly coming to a close. Rate cuts will prompt a rush to buy, when you should've been buying ahead of them. Collect income, collect experiences; don't drain your bank account doing so.
Wonderful News Income Investors, For Bottom Fishing
Negative
Seeking Alpha
4 months ago
GDV.PR.K: With Most Of The Curve Move Behind Us, This Is A Hold Now (Rating Downgrade)
GDV.PR.K are preferred shares issued by Gabelli Dividend & Income Trust. The securities have a high duration, making them sensitive to interest rates. The share has recently outperformed the S&P 500 due to falling interest rates. I believe that most of the easy gains from falling rates are now behind us.
GDV.PR.K: With Most Of The Curve Move Behind Us, This Is A Hold Now (Rating Downgrade)
Neutral
GlobeNewsWire
5 months ago
Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 Per Share
RYE, N.Y., Aug. 23, 2024 (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 $0.11 per share for each of October, November, and December 2024.
Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 Per Share
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