Gabelli Equity Trust (GAB)

$5.45 +0.02 (0.37%)
Market Cap 1.65B
Revenue (ttm) 233.76M
Net Income (ttm) 231.45M
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin N/A
Debt to Equity Ratio N/A
Volume 159,980
Avg Vol 573,286
Day's Range N/A - N/A
Shares Out 302.05M
Stochastic %K 0%
Beta 0.87
Analysts Strong Buy
Price Target N/A

Company Profile

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 analys...

Industry: Asset Management
Sector: Financial Services
Phone: 914-921-5000
Fax: 914-921-5118
Address:
One Corporate Center, Rye, United States
PennyWeasel
PennyWeasel Jun. 4 at 3:08 AM
$GUT $GAB Target pricing now $5.92 and $6.10 respectively. 🥰🍀🍀🥃
1 · Reply
Sparrky
Sparrky Jun. 3 at 3:46 PM
$GAB Added $5.585 cause stuff and things like that there.
0 · Reply
MichaelJk
MichaelJk Jun. 3 at 1:59 PM
$GAB Started a new Position here at 5.595
1 · Reply
PennyWeasel
PennyWeasel Jun. 2 at 2:09 AM
$GAB $GGT $GUT June 1st NAVs as follows: GAB down $0.04 to $5.82 with a forward Price Target of $6.08 - BUY. GGT up $0.01 to $3.93 with a forward TP of $4.33 - HOLD. GUT down $0.06 to $3.08 with a forward TP now sitting at $5.85 - SELL! GAB coffer filled to 120% - HOLDing. GGT at TP +/- a few pennies - HOLDing. GUT - All sold off (except 1-share) with $5.95, $5.90 and $5.85 GTC's set. May modify/lower tomorrow. 🥰 the Gabelli's! 🍀🍀🥃
0 · Reply
Eyore
Eyore Jun. 1 at 11:40 PM
$USA it should be but it's barely participated in the rally post war! I had to leave this and $GAB for $BTX $BST $BSTZ. Now out of all. Also takes its sweet time distributing divvies lol. What can be catalyst for USA? Usually NAV closes discount at exactly the time overall market rallies but no dice here
0 · Reply
Sparrky
Sparrky Jun. 1 at 2:51 PM
$GAB $5.575 Good nuff for government work.
0 · Reply
PennyWeasel
PennyWeasel May. 29 at 7:43 PM
$GAB How the hell did that just happen? My $5.60 order sitting all day. Now market buys are going at $5.6050. WTH I say, a market buy at $6.605 will average out to $5.600 with my $6.595 from yesterday. So I entered at $2500.00 market buy! 446.428 shares at $5.60!!! THANK YOU VERY MUCH MR. MM! The weekend starts now! Maybe a good sign too that Josh (Fidelity) is going to call me at 400 PM EST to say they fixed $GGT's DRIP! 🥰🥰🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel May. 29 at 2:58 PM
$GAB She pops, then settles back. Pops, then settles back. Arbitrage takes time to settle out and square things up. So, I've placed another half order buy (to complete my other half order buy [$5.595] yesterday) for $5.60 as she settles back. Maybe yes, maybe no. Don't really care. I just know the future Target Price sits at $6.14. 🥰🍀🍀🥃
0 · Reply
Sparrky
Sparrky May. 28 at 2:51 PM
$GAB Are we the only ones seeing this? $GGT $GUT $GNT (Hey you guys!!!!!!!!!}
1 · Reply
PennyWeasel
PennyWeasel May. 28 at 2:20 PM
$GAB I mean really... Who can say "No"? 🤣🥰🍀🍀🥃
1 · Reply
Latest News on GAB
Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

May 13, 2026, 10:14 AM EDT - 22 days ago

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

While Everyone Chases Tech, These 3 Funds Quietly Pay 11%

May 13, 2026, 9:35 AM EDT - 22 days ago

While Everyone Chases Tech, These 3 Funds Quietly Pay 11%

DSL NXG

Gabelli Equity Trust Rights Offering Oversubscribed by $117 Million Raising $155 Million

Apr 22, 2026, 8:00 AM EDT - 6 weeks ago

Gabelli Equity Trust Rights Offering Oversubscribed by $117 Million Raising $155 Million

2 Cheap CEFs With 10%+ Dividends The Market Has Missed

Apr 8, 2026, 8:25 AM EDT - 2 months ago

2 Cheap CEFs With 10%+ Dividends The Market Has Missed

PTY

Gabelli Equity Trust Announces Updated Rights Offering Price and Extends Expiration Date to April 21, 2026

Mar 31, 2026, 5:48 PM EDT - 2 months ago

Gabelli Equity Trust Announces Updated Rights Offering Price and Extends Expiration Date to April 21, 2026

Gabelli Equity Trust 40th Anniversary

Feb 17, 2026, 4:04 PM EST - 3 months ago

Gabelli Equity Trust 40th Anniversary

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.15 Per Share

Feb 11, 2026, 4:27 PM EST - 4 months ago

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.15 Per Share

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 per Share

Nov 12, 2025, 2:12 PM EST - 7 months ago

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 per Share

This 10% Dividend Will Be The First To Fall In The Next Pullback

Aug 23, 2025, 10:40 AM EDT - 10 months ago

This 10% Dividend Will Be The First To Fall In The Next Pullback

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.15 Per Share

Aug 21, 2025, 11:46 AM EDT - 10 months ago

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.15 Per Share

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share

Nov 14, 2024, 8:22 AM EST - 1 year ago

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share

This Huge 11% Dividend Is Perfect For This ‘Naysayer's Market'

Jul 2, 2024, 7:15 AM EDT - 2 years ago

This Huge 11% Dividend Is Perfect For This ‘Naysayer's Market'

Gabelli Equity Trust 10% Distribution Policy Reaffirmed And Declared First Quarter Distribution Of $0.15 Per Share

Feb 14, 2024, 9:11 AM EST - 2 years ago

Gabelli Equity Trust 10% Distribution Policy Reaffirmed And Declared First Quarter Distribution Of $0.15 Per Share

Gabelli Equity Trust Extends Expiration Date of Tender Offer to January 5, 2024 for Series C and Series E Auction Rate Preferred Stock

Dec 11, 2023, 5:04 PM EST - 2 years ago

Gabelli Equity Trust Extends Expiration Date of Tender Offer to January 5, 2024 for Series C and Series E Auction Rate Preferred Stock

Gabelli Equity Trust Commences Tender Offer for Series C and Series E Auction Rate Preferred Stock

Nov 22, 2023, 4:52 PM EST - 2 years ago

Gabelli Equity Trust Commences Tender Offer for Series C and Series E Auction Rate Preferred Stock

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share

Nov 16, 2023, 8:43 AM EST - 2 years ago

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share

3 Clicks To A 12% Dividend (With Big Upside This Year)

Feb 28, 2023, 10:30 AM EST - 3 years ago

3 Clicks To A 12% Dividend (With Big Upside This Year)

PFL RA

This 3-Fund Portfolio Pays $5,000 Every Month

Jun 28, 2022, 8:45 AM EDT - 4 years ago

This 3-Fund Portfolio Pays $5,000 Every Month

ASG PFL

Gabelli Equity Trust Announces Redemption of 5.45% Series J Cumulative Preferred Stock and Ongoing Closing of Private Placement of 4.25% Series M Cumulative Preferred Stock

Jan 6, 2022, 12:26 PM EST - 4 years ago

Gabelli Equity Trust Announces Redemption of 5.45% Series J Cumulative Preferred Stock and Ongoing Closing of Private Placement of 4.25% Series M Cumulative Preferred Stock

Gabelli Equity Trust Announces Initial Closing of Private Placement of 4.25% Series M Cumulative Preferred Stock

Dec 17, 2021, 1:32 PM EST - 4 years ago

Gabelli Equity Trust Announces Initial Closing of Private Placement of 4.25% Series M Cumulative Preferred Stock

Gabelli Equity Trust Announces Redemption of 5.45% Series J Cumulative Preferred Stock

Dec 17, 2021, 1:11 PM EST - 4 years ago

Gabelli Equity Trust Announces Redemption of 5.45% Series J Cumulative Preferred Stock

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.18 Per Share

Nov 12, 2021, 9:15 AM EST - 4 years ago

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.18 Per Share

Gabelli Equity Trust Rights Offering Oversubscribed Raising $144 Million

Jul 15, 2021, 9:00 AM EDT - 5 years ago

Gabelli Equity Trust Rights Offering Oversubscribed Raising $144 Million

Gabelli Equity Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms

May 19, 2021, 7:45 PM EDT - 5 years ago

Gabelli Equity Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms

Gabelli Equity Trust Appoints Additional Teammates as Portfolio Managers

Jan 11, 2021, 8:00 AM EST - 5 years ago

Gabelli Equity Trust Appoints Additional Teammates as Portfolio Managers

Revamp This Old-Fashioned Advice For 11% Dividends (Forever)

Oct 24, 2020, 8:30 AM EDT - 6 years ago

Revamp This Old-Fashioned Advice For 11% Dividends (Forever)

How To Invest $100,000 For $940 Per Month In Passive Income

Oct 20, 2020, 10:20 AM EDT - 6 years ago

How To Invest $100,000 For $940 Per Month In Passive Income

4 High-Yield Closed-End Funds To Buy For Yearly 9.5% Dividends

Jul 1, 2020, 10:48 AM EDT - 6 years ago

4 High-Yield Closed-End Funds To Buy For Yearly 9.5% Dividends

GBAB NCZ

The Secret To 7.8%+ Dividends In A 2% World

Feb 18, 2020, 9:43 AM EST - 6 years ago

The Secret To 7.8%+ Dividends In A 2% World

ASG

PennyWeasel
PennyWeasel Jun. 4 at 3:08 AM
$GUT $GAB Target pricing now $5.92 and $6.10 respectively. 🥰🍀🍀🥃
1 · Reply
Sparrky
Sparrky Jun. 3 at 3:46 PM
$GAB Added $5.585 cause stuff and things like that there.
0 · Reply
MichaelJk
MichaelJk Jun. 3 at 1:59 PM
$GAB Started a new Position here at 5.595
1 · Reply
PennyWeasel
PennyWeasel Jun. 2 at 2:09 AM
$GAB $GGT $GUT June 1st NAVs as follows: GAB down $0.04 to $5.82 with a forward Price Target of $6.08 - BUY. GGT up $0.01 to $3.93 with a forward TP of $4.33 - HOLD. GUT down $0.06 to $3.08 with a forward TP now sitting at $5.85 - SELL! GAB coffer filled to 120% - HOLDing. GGT at TP +/- a few pennies - HOLDing. GUT - All sold off (except 1-share) with $5.95, $5.90 and $5.85 GTC's set. May modify/lower tomorrow. 🥰 the Gabelli's! 🍀🍀🥃
0 · Reply
Eyore
Eyore Jun. 1 at 11:40 PM
$USA it should be but it's barely participated in the rally post war! I had to leave this and $GAB for $BTX $BST $BSTZ. Now out of all. Also takes its sweet time distributing divvies lol. What can be catalyst for USA? Usually NAV closes discount at exactly the time overall market rallies but no dice here
0 · Reply
Sparrky
Sparrky Jun. 1 at 2:51 PM
$GAB $5.575 Good nuff for government work.
0 · Reply
PennyWeasel
PennyWeasel May. 29 at 7:43 PM
$GAB How the hell did that just happen? My $5.60 order sitting all day. Now market buys are going at $5.6050. WTH I say, a market buy at $6.605 will average out to $5.600 with my $6.595 from yesterday. So I entered at $2500.00 market buy! 446.428 shares at $5.60!!! THANK YOU VERY MUCH MR. MM! The weekend starts now! Maybe a good sign too that Josh (Fidelity) is going to call me at 400 PM EST to say they fixed $GGT's DRIP! 🥰🥰🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel May. 29 at 2:58 PM
$GAB She pops, then settles back. Pops, then settles back. Arbitrage takes time to settle out and square things up. So, I've placed another half order buy (to complete my other half order buy [$5.595] yesterday) for $5.60 as she settles back. Maybe yes, maybe no. Don't really care. I just know the future Target Price sits at $6.14. 🥰🍀🍀🥃
0 · Reply
Sparrky
Sparrky May. 28 at 2:51 PM
$GAB Are we the only ones seeing this? $GGT $GUT $GNT (Hey you guys!!!!!!!!!}
1 · Reply
PennyWeasel
PennyWeasel May. 28 at 2:20 PM
$GAB I mean really... Who can say "No"? 🤣🥰🍀🍀🥃
1 · Reply
PennyWeasel
PennyWeasel May. 28 at 2:15 PM
$GAB With my increase to coffer size, just added a market buy and got $5.595! Sorry Sparrky! Gotta ya beat again. lol But this one was just a half lot buy. 🥰🍀🍀🥃
1 · Reply
Sparrky
Sparrky May. 28 at 2:06 PM
$GAB More @ $5.605
0 · Reply
Sparrky
Sparrky May. 27 at 3:34 PM
$GAB Added $5.64.
0 · Reply
PennyWeasel
PennyWeasel May. 27 at 2:08 PM
$GAB Maybe the path of least resistance would be to just increase my coffer size! 🥰 And it's done! 🤣
0 · Reply
PennyWeasel
PennyWeasel May. 27 at 1:52 PM
$GAB Added at $5.6200. GAB coffers once again above maximum. Willing to accept the added "risk". Not much really IMHO. Arbitrage will settle out in due course and GAB will reclaim its "normal" pricing trading at a premium to NAV. Ex-div on 06/15 ($0.15). NAV currently sits at $5.90. Target Price of $6.17. 🥰🍀🍀🥃 Still waiting on the Goot $GUT to take a tumble. Still over-priced IMO with a Target Price of $6.09. Currently trading at $6.27 (just sold my $6.00 DRIP shares at $6.27 too). NAV sitting at $3.21. GTC's starting at $5.95. 🥰🍀🍀🥃
1 · Reply
PennyWeasel
PennyWeasel May. 27 at 3:12 AM
$GAB NAV up $0.06 (06/26) to $5.90. Revised forward looking Target Price of: $6.17 - BUY 🥰🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel May. 26 at 7:00 PM
$GAB Is the upcoming $0.15 divvi (ex-div. 06/15) starting to perk up a bit of interest? Current forward looking Target Price now stands at $6.11 with a current NAV of $5.84. Still a huge BUY! 🥰🍀🍀🥃
1 · Reply
Sparrky
Sparrky May. 26 at 3:21 PM
$GAB I got twitchy and added.
1 · Reply
PennyWeasel
PennyWeasel May. 22 at 1:04 PM
$GAB Current price ( $5.57) well below Target Price ($6.08) - BUY 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel May. 21 at 8:33 PM
$GUT WOWZAA!!! For the first time since November 2024, I have zero shares of the Goot (actually I kept one share so I can get my discounted DRIP shares next week)! My very last "never sell" $ 5.0x lot I talked myself into selling in AH today. 😭 .. Sold at $6.30 & $6.31. The Goot is just sitting on a crazy valuation IMHO at the moment. Over 25-months of equivalent divvis sitting there. Next buy at $5.95 somewhere down stream. Gonna have to use $GAB and $GGT as surrogates in the meantime. 🥰🥰🍀🍀🥃
3 · Reply
PennyWeasel
PennyWeasel May. 21 at 7:32 PM
$GAB I just couldn't make it stop! My hand/fingers took over and forced me to place a market buy (executed at $5.5450) for 901.712 shares. Coffers are now over capacity by 900+ shares. I'll need to flip a little higher priced lot (in exchange for having bought these $5.545's) for a few bucks while waiting longer term for the share price to recover to around $6.10. 🥰🍀🍀🥃
1 · Reply
PennyWeasel
PennyWeasel May. 21 at 6:50 PM
$GGT $GAB $GUT Carter (Gabelli) just called back. We had another long conversation. He understands and agrees completely GGT should be getting the discounted DRIP. He also said these are the three (GAB, GGT, GUT) that usually run > 5% prem. to NAV and therefore usually DRIP at discount. They have others that DRIP at discount from time to time based on SP and NAV. He also confirmed GAB is currently going thru arbitrage and therefore is trading at a discount (all those $5.00 RO shares being traded for a quick profit). It time, it will again be back to a premium. As we all know, the increase back takes longer than the drop. 🤣 I mentioned Casandra's @MoonBeamSF Fidelity comment... "Fidelity said only GUT trades under the Gabelli discount plan". All others DRIP under the Fidelity plan. So, he'll be looking into the other Gabelli funds/Fidelity and see what's what. He mentioned CompuServe and Transfer Agent as contact points he needs to follow-up with as well. CHARGE!!!!
0 · Reply