GAB The Gabelli Equity Trust Inc. CEF Edit This CEF

This is an actively managed closed end fund whose investment objective is long term growth of capital, with income as a secondary objective. Investments will be made based on management's perception of their potential for capital appreciation. The Fund seeks out undervalued companies with greater than average potential for growth. The Equity Trust maintains a 10% Distribution Policy whereby the Trust pays out to common shareholders 10% of its average net assets each year. This distribution is paid quarterly. The distribution rate is not representative of dividend yield or the total return of the Fund and may include a return of capital.

Note: this fund has been around a long time. We don't have pricing data and dividend data for the entire history of the fund. Our data begins 08/31/2001.

$5.56
As of 03/23/2023     IEX book   CBOE book

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CEF Information

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Sponsor:     Gabelli
Category1:  US Equity
Category2:  Broad market
Category3:  Large and mid cap
Morningstar category:  Large Blend
Leverage factor:  1.37    as of 06/30/2020
Inception date:  08/21/1986
Our data start date:  08/31/2001
Current yield:  10.79%
Historical average yield:  6.09%
Market cap:  $1,455,454,183
Average volume:  518,106
Fees:     1.4200%
Investment style: Actively managed
All SEC Filings:  SEC Edgar Online
Semi-Annual filings:  N-CSR
Quarterly holdings:  NPORT


Fund NAV:              $5.01
Trading premium:     10.98%