Gabelli Dividend & Income Trust
GDV

$24.34

0.12%

Market Cap: $2.18B

About: Gabelli Dividend & Income Trust operates as a diversified closed-end management investment company. The fund's investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. To achieve its objective, the fund may invest its assets in dividend-paying securities or other income-producing securities. The fund invests in various sectors, in which Financial Services, Food & Beverage, Health Care, Consumer Products, Electronics, and Computer Software & Services and others.

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]

12% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 50

4% less funds holding

Funds holding: 171 [Q1] → 165 (-6) [Q2]

6.38% less ownership

Funds ownership: 37.16% [Q1] → 30.78% (-6.38%) [Q2]

19% less capital invested

Capital invested by funds: $770M [Q1] → $628M (-$143M) [Q2]

33% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 18

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Research analyst outlook

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

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Financial journalist opinion

Based on 3 articles about GDV published over the past 30 days

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

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)

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

GDV: This Dividend-Oriented Equity Fund Has Improved Quite A Bit

Gabelli Dividend & Income Trust has a low yield of 5.76%, lower than most of U.S. equity-focused closed-end fund peers. The fund has delivered a 30.69% total return since late October 2023, outperforming the S&P 500 Index. The fund employs mostly a buy-and-hold strategy, and most of its largest holdings have performed pretty well over the past several months.

GDV: This Dividend-Oriented Equity Fund Has Improved Quite A Bit

This ‘Corporate Raider' Is Urging Us To Buy These 8%+ Paying Funds Now

Closed-end funds (CEFs)—our favorite 8%+ yielding investments—have a new (and popular!) fan. And he's making a big move I see sending CEF prices higher.

This ‘Corporate Raider' Is Urging Us To Buy These 8%+ Paying Funds Now

This Deeply Discounted CEF Mini-Portfolio Yields 9.2%

With the market at nosebleed valuations, where can we look for value and yield?

This Deeply Discounted CEF Mini-Portfolio Yields 9.2%

Building A 10% Income Portfolio Today

Six years ago, I wrote my first article on investing, in which I outlined the criteria that had guided me when constructing my first income portfolio. I have tried to retrace here the steps leading up to that article and then subsequent developments in creating my current portfolio. Today, I favor CEFs and ETFs that, in addition to providing regular income, show a positive NAV performance since inception, thereby demonstrating their ability to also generate value over time.

Building A 10% Income Portfolio Today

Finding Opportunities In The Closed-End Fund World

Closed-end funds have unique features that make them very attractive investment vehicles for the right asset classes and investors who understand them. Especially for complex and/or less liquid asset classes, like corporate senior loans, high-yield bonds, collateralized loan obligations, and the more recently discovered (by retail investors) "private credit" Activist and institutional investors are worth watching, so we can piggyback onto their efforts in the closed-end fund world.

Finding Opportunities In The Closed-End Fund World

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 Per Share

RYE, N.Y., May 16, 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 July, August, and September 2024.

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 Per Share

GDV: Discount Remains Wide, Distribution Remains Steady

The Gabelli Dividend & Income Trust is a diversified equity closed-end fund with a value-oriented approach. GDV consistently trades at a deep discount, but this discount has widened in recent years. GDV offers a steady monthly distribution to investors, and that looks set to continue, barring a long and drawn-out black swan event.

GDV: Discount Remains Wide, Distribution Remains Steady

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