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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. logo

The Gabelli Equity Trust Inc.

NYSE:GABFinancial Services
-2.11%$5.11
AH Close$5.11+0.00%vs close
Mkt Cap$1.59B
Float307.65M
O/S311.2M
Inst Own15.7%
SI0.1%
Div Yield11.74%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$1.59B
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership15.65%

based on 311.20M shares outstanding

SectorFinancial Services
IndustryAsset Management
ExchangeNYSE
CountryUSUS
IPO Date-
Shares Outstanding311.20M
Float307.65M
Company Overview

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

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trading
InsiderTypeShares
ZIZZA SALVATORE J profile photoZIZZA SALVATORE JOther433
GABELLI MARIO J profile photoGABELLI MARIO JOther156.2K
GABELLI MARIO J profile photoGABELLI MARIO JOther84.2K
Ball John Chester profile photoBall John ChesterOther17
Mullady Agnes profile photoMullady AgnesOther15
VANEKRIS ANTHONIE C profile photoVANEKRIS ANTHONIE COther500
Shareholders
15.7%
Institutional
(222)
0.6%
Insiderⓘ
(6)
0.0%
5%+ Owners
(0)
83.7%
Unattributed (incl. retail)ⓘ
Institutional15.7%
Insider0.6%
Unattributed (incl. retail)83.7%
Sources: 13F, Form 4, 13D/13GO/S: 311.2M · date not recorded · SEC EDGAR
Insiders & Institutional Holders
52-Week Range
$5.08$6.37
$5.11(2nd percentile)
Volume
Average Daily Volume952.27K
1.64M today vs 952.27K avg(+72%)

30d Avg

952.27K

60d Avg

990.37K

90d Avg

876.48K

Earnings
Dividend History
TTM Yield
11.74%
Paid quarterly
Annual (LTM)
$0.60
Latest
$0.1500
Sep 16, 26
5Y Growth
+0.23%
per year
Compliance Status
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