GABELLI GLOBAL UTILITY & INCOME TRUST (GLU)
The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends. The fund also invests in income producing securities such as governments. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Global Utility & Income Trust was formed on May 28, 2004 and is based in United States.
Industry: Asset Management
The Gabelli Global Utility & Income Trust
NYSE:GLUFinancial Services · Asset Management - Income
AHAfter hours+0.00%$18.48
Prev close$18.22+1.40%Close$18.480.00%Now$18.48
Close$18.48+1.40%
Mkt Cap$110.67M
Float5.41M
O/S5.99M
VOL21K sh
$ Vol$380K
RVOL2.02×
Inst Own19.2%
Div Yield7.04%
Dilution
Financials Summary
Revenue$8.93M
Net Income$29.99M
Total Assets$135.18M
Free Cash Flow$0
Debt & Equity
Equity 84%
Preferred 16%
Total Debt$0
Total Equity$134.89M
Preferred Stock$24.78M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GLU's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$135.18M
Liabilities$292K
Accounts Receivable$474K
Accounts Payable$19K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $8.93M | $3.8M | $5.22M | $6.94M | $8.81M | $754K | $10.13M | $6.96M | $8.13M | $7.56M | $3.49M | $4.84M | $2.84M | $2.34M |
| YoY Growth | 135.3% | -27.3% | -24.8% | -21.2% | 1068.2% | -92.6% | 45.5% | -14.4% | 7.6% | 116.3% | -27.8% | 70.3% | 21.1% | - |
| Cost of Revenue | $1M | $941K | $0 | $833 | $160 | $1.07M | $1.29M | $970K | $943K | $748K | $974K | $0 | $0 | $0 |
| Gross Profit | $7.93M | $2.86M | $5.22M | $5.85M | $7.58M | -$312K | $8.84M | $5.99M | $7.19M | $6.81M | $2.52M | $4.84M | $2.84M | $2.34M |
| Gross Margin | 88.8% | 75.2% | 100.0% | 84.3% | 86.1% | -41.3% | 87.3% | 86.1% | 88.4% | 90.1% | 72.1% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $518K | -$5.69M | $1.33M | $1.34M | $1.56M | $1.3M | $1.4M | $1.13M | $1.19M | $993K | $1.23M | $1.28M | $959K | $775K |
| Other | -$22.55M | $0 | $0 | -$805K | -$883K | $0 | $13.99M | $0 | $0 | $0 | -$5.76M | $0 | $0 | $0 |
| Total Operating Expenses | -$22.04M | -$5.69M | $1.33M | $530K | $675K | $1.3M | $15.39M | $10.66M | $13.82M | $3.58M | $5.76M | $608K | $13.51M | $963K |
| Operating Income (EBIT) | $29.97M | $8.55M | $3.89M | -$18.03M | $17.28M | $3.89M | $19.87M | -$7.18M | $17.44M | $7.8M | -$3.24M | $3.55M | $1.88M | $1.57M |
| Operating Margin | 335.5% | 225.2% | 74.5% | -259.8% | 196.2% | 515.8% | 196.2% | -103.1% | 214.5% | 103.2% | -92.7% | 73.4% | 66.2% | 66.9% |
| Interest Expense | $3K | $768 | $186 | $833 | $160 | $782 | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $3.96M | $0 | $0 | $833 | $160 | $782 | $11K | $15K | $2K | $65 | $502 | $495 | $0 | $0 |
| Other Income (Expense) | $21K | -$24K | -$183K | -$21K | -$14K | $24K | $4K | $4K | $126K | -$14K | -$14K | $1.89M | $14.47M | $1.74M |
| Income Before Tax (EBT) | $29.99M | $8.52M | $3.71M | -$18.05M | $17.27M | $3.91M | $19.86M | -$7.19M | $17.57M | $7.79M | -$3.25M | $5.44M | $16.35M | $3.31M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $29.99M | $8.52M | $3.71M | -$18.05M | $17.27M | $3.91M | $19.86M | -$7.19M | $17.57M | $7.79M | -$3.25M | $3.15M | $16.35M | $3.31M |
| Net Income Margin | 335.8% | 224.5% | 71.0% | -260.1% | 196.0% | 518.9% | 196.1% | -103.3% | 216.1% | 103.0% | -93.1% | 65.1% | 575.9% | 141.1% |
| Supplementary Data | ||||||||||||||
| EPS | 4.79 | 1.12 | 0.18 | -3.72 | 2.69 | 0.24 | 2.83 | -1.57 | 4.21 | 1.87 | -0.78 | 0.77 | 3.97 | 1.07 |
| Diluted EPS | 4.79 | 1.12 | 0.18 | -3.72 | 2.69 | 0.24 | 2.83 | -1.57 | 4.21 | 1.87 | -0.78 | 0.77 | 3.97 | 1.07 |
| Weighted Average OS | 5.98M | 5.98M | 5.97M | 5.51M | 5.46M | 5.45M | 5.45M | 4.57M | 4.17M | 4.17M | 4.17M | 4.11M | 4.12M | 3.10M |
| EBITDA | $29.99M | $8.55M | $3.89M | -$18.03M | $17.33M | $3.89M | $19.86M | -$7.19M | $17.44M | $7.8M | -$3.24M | $3.55M | $1.88M | $0 |
| EBITDA Margin | 335.8% | 225.2% | 74.5% | -259.8% | 196.7% | 515.8% | 196.1% | -103.3% | 214.5% | 103.2% | -92.7% | 73.4% | 66.2% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $67K | $10K | $9K | $100K | $7K | $7K | $55K | $5K | $2K | $47K | $75K | $89K | $11K | $2K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $67K | $10K | $9K | $100K | $7K | $7K | $55K | $5K | $2K | $47K | $75K | $89K | $11K | $2K |
| Accounts Receivable | $474K | $1.06M | $697K | $554K | $476K | $369K | $3.98M | $1.43M | $387K | $4.05M | $292K | $356K | $655K | $184K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$44K | $0 | $880 | $0 | $0 | $0 | $0 | $0 | $18K | $24 | $0 | $16 | $35K | $15K |
| Total Current Assets | $540K | $1.08M | $707K | $656K | $483K | $382K | $4.04M | $1.44M | $409K | $4.09M | $369K | $449K | $704K | $200K |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $134.54M | $116.93M | $126.47M | $155.82M | $174.83M | $169.28M | $171.99M | $168.35M | $142.63M | $124.62M | $131.64M | $138.32M | $123.48M | $60.92M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $101K | $137K | $85K | $85K | $83K | $59K | $559K | $59K | $755K | $4.4M | $7K | $3.24M | $23.12M | -$60.92M |
| Total Long-Term Assets | $134.64M | $117.07M | $126.56M | $155.91M | $174.91M | $169.34M | $172.55M | $168.41M | $143.38M | $129.02M | $131.64M | $141.56M | $146.6M | $60.92M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.3M |
| Total Assets | $135.18M | $118.15M | $127.26M | $156.56M | $175.4M | $169.72M | $176.58M | $169.85M | $143.79M | $133.12M | $132.01M | $142.01M | $147.3M | $63.41M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $19K | $19K | $27K | $97K | $128K | $136K | $1.98M | $3.45M | $21K | $0 | $0 | $0 | $3.04M | $0 |
| Short-Term Debt | $0 | $3.25M | $7K | $26K | $47K | $0 | $0 | $0 | $134 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$26K | -$47K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | -$19K | -$27K | $0 | $0 | $0 | $0 | $0 | $0 | $41K | $41K | $5K | $152K | $158K |
| Total Current Liabilities | $285K | $3.55M | $240K | $396K | $457K | $438K | $2.25M | $3.83M | $233K | $242K | $245K | $198K | $3.37M | $158K |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $3.25M | $8K | $0 | $47K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $292K | $26.46M | $0 | $404K | $0 | $0 | $0 | $0 | $0 | $0 | $262K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $292K | $29.71M | $8K | $404K | $47K | $474K | $2.29M | $0 | $0 | $269K | $262K | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | -$369K | $34K | -$438K | -$2.25M | $0 | $0 | -$242K | -$245K | $0 | $0 | $0 |
| Total Liabilities | $292K | $3.56M | $248K | $430K | $539K | $474K | $2.29M | $3.83M | $233K | $269K | $262K | $198K | $3.37M | $158K |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $24.78M | $26.17M | $38.27M | $61.3M | $61.93M | $64.61M | $64.61M | $65.37M | $51.33M | $51.3M | $51.3M | $51.65M | $51.67M | $0 |
| Common Stock | $59.39M | $63.92M | $69.98M | $75.76M | $69.8M | $73.74M | $80.48M | $82.64M | $61.27M | $61.27M | $61.75M | $65.36M | $67.52M | $51.92M |
| Retained Earnings | $50.72M | $24.49M | $18.77M | $19.07M | $43.13M | $30.9M | $29.2M | $18.02M | $30.95M | $9K | $51K | $24.81M | $24.58M | $11.34M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $29.2M | $0 | $0 | $20.26M | $18.64M | $0 | $0 | $0 |
| Other Stockholders' Equity | $24.78M | $26.17M | $38.27M | $61.3M | $61.93M | $64.61M | $64.61M | $65.37M | $51.33M | $71.56M | $69.95M | $51.65M | $51.67M | $0 |
| Total Equity | $134.89M | $114.58M | $127.02M | $156.13M | $174.86M | $169.24M | $174.29M | $166.02M | $143.56M | $132.85M | $131.75M | $141.81M | $143.78M | $63.26M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $135.18M | $118.15M | $127.26M | $156.56M | $175.4M | $169.72M | $176.58M | $169.85M | $143.79M | $133.12M | $132.01M | $142.01M | $147.15M | $63.41M |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $3.25M | $15K | $26K | $47K | $0 | $0 | $0 | $134 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$67K | $3.24M | $6K | -$74K | $41K | -$7K | -$55K | -$5K | -$2K | -$47K | -$75K | -$89K | -$11K | -$2K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | $29.99M | $8.52M | $3.71M | -$18.05M | $17.27M | $3.91M | $19.86M | -$7.19M | $17.57M | $7.79M | -$3.25M | $5.44M | $16.35M | $3.31M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $51K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | -$29.99M | -$8.52M | -$3.71M | $18.05M | -$17.32M | -$3.91M | -$19.86M | $7.19M | -$17.57M | -$7.79M | $3.25M | -$5.44M | -$16.35M | -$3.31M |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |