GABELLI EQUITY TRUST INC (GAB)
The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.
Industry: Asset Management
The Gabelli Equity Trust Inc.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 311.20M shares outstanding
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.
Leadership
Agnes Mullady
Director
Anthonie C. van Ekris
Director
Carter W. Austin
Senior Vice President
David I. Schachter
Vice President
Employees
--
Country
US
Sector
Financial Services
Website
gabelli.com
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
| Director | Other | 433 | $2.2K | Apr 28, 2026 | |
| Director | Other | 156.2K | $781.0K | Apr 28, 2026 | |
| Director | Other | 84.2K | $420.8K | Apr 28, 2026 | |
| President & Treasurer | Other | 17 | $85 | Apr 28, 2026 | |
| Director | Other | 15 | $75 | Apr 28, 2026 | |
| Director | Other | 500 | $2.8K | Apr 28, 2026 |
| Name | Shares | % | Source |
|---|---|---|---|
RIVERNORTH CAPITAL MANAGEMENT, LLC | 6.6M | 2.1% | 13F |
Ursa Fund Management, LLC | 5.6M | 1.8% | 13F |
LPL Financial LLC | 4.3M | 1.4% | 13F |
MORGAN STANLEY | 2.6M | 0.8% | 13F |
Karpus Management, Inc. | 2.0M | 0.6% | 13F |
GABELLI MARIO J Director | 1.7M | 0.6% | FORM 4 |
COMMONWEALTH EQUITY SERVICES, LLC | 1.6M | 0.5% | 13F |
ABSOLUTE INVESTMENT ADVISERS, LLC | 1.5M | 0.5% | 13F |
Shaker Financial Services, LLC | 1.5M | 0.5% | 13F |
COHEN & STEERS, INC. | 1.1M | 0.4% | 13F |
Insiders
- ZIZZA SALVATORE JDirector
- GABELLI MARIO JDirector
- Ball John ChesterPresident & Treasurer
- Mullady AgnesDirector
- VANEKRIS ANTHONIE CDirector
- HEITMANN WILLIAM FDirector
based on 311.20M shares outstanding
30d Avg
952.27K
60d Avg
990.37K
90d Avg
876.48K