Gabelli Equity Trust
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
131% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 13
105% more capital invested
Capital invested by funds: $122M [Q3] → $250M (+$128M) [Q4]
50% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 42
7% more funds holding
Funds holding: 185 [Q3] → 198 (+13) [Q4]
0.4% less ownership
Funds ownership: 8.38% [Q3] → 7.98% (-0.4%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for GAB.
Financial journalist opinion
Neutral
GlobeNewsWire
2 months ago
Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.15 Per Share
RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on March 24, 2025 to common stock shareholders of record on March 17, 2025.
Positive
Seeking Alpha
2 months ago
Sell Equity, Buy Fixed Income, Part 2: GAB And 5.9% From One Of The Highest Rated Preferred Shares On The Exchange
We recommend selling equity and buying fixed income, focusing on high-yield preferred shares like Gabelli Equity Trust preferred stock for minimal credit risk. GAB preferred shares offer a high yield of 5.87% with strong credit ratings (A1 from Moody's and A from Fitch), making them a safe investment. GAB trades at a 1.47% discount with low leverage, ensuring stability and safety in comparison to other preferred stocks with higher risks.
Negative
Seeking Alpha
2 months ago
GAB: 5 Reasons Why I Would Avoid This CEF
The Gabelli Equity Trust is a closed-end investment company focused on long-term growth of capital. GAB's expense ratio of 1.6% is significantly higher than the average equity mutual fund expense ratio and represents a key negative. The fund's underweight exposure to mega-cap tech companies and premium to NAV are also key negatives.
Neutral
GlobeNewsWire
5 months ago
Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share
RYE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on December 20, 2024 to common stock shareholders of record on December 13, 2024. With this fourth quarter distribution, the total distributions from the Fund for 2024 would equate to $0.60 per share.
Neutral
Seeking Alpha
5 months ago
GAB: Risks Abound For This Underperforming Equity CEF
The Gabelli Equity Trust offers a high 10.68% yield but has underperformed the S&P 500 and its peers over the past five years. The GAB closed-end fund's high yield raises concerns about potential distribution cuts, especially given its reliance on unrealized capital gains. Despite its attractive yield, the fund's higher expenses and leverage, coupled with poor performance, make it less appealing than its peers.
Neutral
GlobeNewsWire
7 months ago
Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.15 Per Share
RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on September 23, 2024 to common stock shareholders of record on September 16, 2024.
Positive
Seeking Alpha
8 months ago
GAB: Moving This Equity CEF To Hold After The Run-Up (Rating Downgrade)
Gabelli Equity Trust was undervalued ten months ago and has outperformed since. Current market conditions with stretched valuations make it a hold rather than a buy. GAB has shifted towards mid-cap stocks with a lower P/E ratio compared to the S&P 500. While the fund has benefited from recent rallies in the financial sector, this is seen as a temporary trend. The fund's value tilt is also a positive.
Positive
Forbes
9 months ago
This Huge 11% Dividend Is Perfect For This ‘Naysayer's Market'
There are three very clear signs the stock-market bull will keep stampeding. Let's dive into them, then talk about two discounted funds set to ride those gains (and pay us rich dividends up to 11.4% in the process).
Neutral
GlobeNewsWire
11 months ago
Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share
RYE, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on June 21, 2024 to common stock shareholders of record on June 13, 2024.
Positive
Seeking Alpha
11 months ago
GAB: Managed Minimum 10% Distribution Rate Out Of Equities
GAB is currently trading at a slight discount, making it a more attractive candidate than our previous update. More patient investors could still yet be likely to look for a deeper discount on this fund to make it a more enticing prospect. GAB has a minimum 10% managed distribution policy, which is the main draw for income investors.
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