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 Jul. 14 at 9:09 PM
$OXLC $GAB $CLM Still bearish on the Ox. In lew of buying the Ox, $IBM was smacked HARD today and finished down 25%+! Overreaction? Ya think? I sure do! And too, it's IBM and they ain't go'n anywhere. Even pays a 3% divvi to boot. Ex-div. 08/10/2026 ($1.69 /qtr). Bought a handful of shares in AH at $218.80. I mean, it's IBM! 🤣🍀🍀🥃
1 · Reply
Sparrky
Sparrky Jul. 13 at 4:55 PM
$GUT $GGT $GAB $GNT Calm in the storm.
0 · Reply
PennyWeasel
PennyWeasel Jul. 10 at 10:07 PM
$OXLC $GAB $GGT Two whole weeks in (50 weeks to go) and I ain't complaining. As we often say, crap, I should have bought more. 🤣 No divvis yet and green on 10 out of 11 with an overall average of 1.97%. To the weekend! Staying inside at 77 vs outside at 105! 🍀🍀🥃🥃🥃
1 · Reply
Sparrky
Sparrky Jul. 8 at 3:52 PM
$DX Added @$12.995 as well as $AVK @$12.78 and $GAB @$5.59.
1 · Reply
PennyWeasel
PennyWeasel Jul. 6 at 1:47 PM
$UTG $GAB $OXLC Based on the 52-Wk Discount vs NAV share price (-0.39%), current discount sits at a -2.32%. Current NAV: $40.98. This in time will return to averages which puts the forward looking share price at $40.82. Hence a BUY in my book! So I did just that! $40.027 🍀🍀🥃 Just waiting now on my last DRIPs from $PDI and $PDO to sell them off and put them in the rearview mirror.
0 · Reply
PennyWeasel
PennyWeasel Jul. 5 at 1:15 AM
$OXLC (-32.75%) $GAB (47.94%) $GGT (24.75%) Since I had some free time on my hands, I decided to do a quick 2.5-year Total ROI (01/02/2024 to 07/02/2026) on these (11) vs something we pretty much all know and 🥰, and no, it's not the Ox since we all already know what that has done over the past 2.5-Years (-32.75% 🤣). I decided to bounce them against $CLM . SInce CLM slightly outperformed CRF (58.54%) over the same time frame. Interesting results. CLM had a total ROI of 64.57% with DRIP! 🥰 the Clam! Highest ROI at 82.70% (EDF) Lowest ROI at 23.68% (HPF) Overall Average ROI of 43.54% Results after 1-week and a short week at that. Up 1.05%. (9) out of the (11) in the black. 🍀🍀🥃 Happy July 4th! Source: https://www.dividendchannel.com/drip-returns-calculator/
2 · Reply
Firkin
Firkin Jul. 3 at 7:47 AM
$UTF $UTG $GAB under $6
1 · Reply
PennyWeasel
PennyWeasel Jul. 1 at 4:36 PM
$GAB Maybe folks are taking notice that GABs NAV has been rising. Up another $0.04 yesterday to $5.94 and the next ex-div date a long way away on 09/16. Share price up to a high so far today of $5.71. Forward looking premium to NAV target price at $6.14. We'll get there in time +/-! Carry on. 🥰🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jun. 29 at 4:20 PM
$OXLC $GAB $GGT For shits & giggles, I decided to create my own "bread basket" of CEF funds, CEF funds that I don't currently trade. I came up with (11) funds based on filtering for monthly divvi payers, trade +/- 5% to NAV, currently pay at least an 8.5% yield (ranges from 8.78% to 13.09%) and has a trailing 1-Yr Total ROI >= 8% (ranges from 8.09% to 41.65%). Bought $1,500 in each one starting in PM and then a couple more hours into the regular session today. Keeping them for ONE year, all divvis will be DRIP'd with no additional buying and/or selling. List below. 🍀🍀 to me! So far so good! 🤣🥰 🥃 .
2 · Reply
PennyWeasel
PennyWeasel Jun. 25 at 10:27 PM
$GAB Weird! GAB closed today at $5.65 and in AH somebody had 180 shares up for sell at $5.60 so I bought 'em. Placed the order for 447 shares JIC. Doubt I'll get the remaining 267 shs, but $5.60 was a 🎁of 180 shs IMO! Especially so since NAV bumped up today by $0.07 to $5.90! Forward looking PT now $6.11! Thanks!!! 🤣🥰🍀🍀🥃
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 - 2 months 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 - 2 months 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 - 3 months 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 - 3 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 - 3 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 - 5 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 - 5 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 - 8 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 - 11 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 - 11 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 - 5 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 Jul. 14 at 9:09 PM
$OXLC $GAB $CLM Still bearish on the Ox. In lew of buying the Ox, $IBM was smacked HARD today and finished down 25%+! Overreaction? Ya think? I sure do! And too, it's IBM and they ain't go'n anywhere. Even pays a 3% divvi to boot. Ex-div. 08/10/2026 ($1.69 /qtr). Bought a handful of shares in AH at $218.80. I mean, it's IBM! 🤣🍀🍀🥃
1 · Reply
Sparrky
Sparrky Jul. 13 at 4:55 PM
$GUT $GGT $GAB $GNT Calm in the storm.
0 · Reply
PennyWeasel
PennyWeasel Jul. 10 at 10:07 PM
$OXLC $GAB $GGT Two whole weeks in (50 weeks to go) and I ain't complaining. As we often say, crap, I should have bought more. 🤣 No divvis yet and green on 10 out of 11 with an overall average of 1.97%. To the weekend! Staying inside at 77 vs outside at 105! 🍀🍀🥃🥃🥃
1 · Reply
Sparrky
Sparrky Jul. 8 at 3:52 PM
$DX Added @$12.995 as well as $AVK @$12.78 and $GAB @$5.59.
1 · Reply
PennyWeasel
PennyWeasel Jul. 6 at 1:47 PM
$UTG $GAB $OXLC Based on the 52-Wk Discount vs NAV share price (-0.39%), current discount sits at a -2.32%. Current NAV: $40.98. This in time will return to averages which puts the forward looking share price at $40.82. Hence a BUY in my book! So I did just that! $40.027 🍀🍀🥃 Just waiting now on my last DRIPs from $PDI and $PDO to sell them off and put them in the rearview mirror.
0 · Reply
PennyWeasel
PennyWeasel Jul. 5 at 1:15 AM
$OXLC (-32.75%) $GAB (47.94%) $GGT (24.75%) Since I had some free time on my hands, I decided to do a quick 2.5-year Total ROI (01/02/2024 to 07/02/2026) on these (11) vs something we pretty much all know and 🥰, and no, it's not the Ox since we all already know what that has done over the past 2.5-Years (-32.75% 🤣). I decided to bounce them against $CLM . SInce CLM slightly outperformed CRF (58.54%) over the same time frame. Interesting results. CLM had a total ROI of 64.57% with DRIP! 🥰 the Clam! Highest ROI at 82.70% (EDF) Lowest ROI at 23.68% (HPF) Overall Average ROI of 43.54% Results after 1-week and a short week at that. Up 1.05%. (9) out of the (11) in the black. 🍀🍀🥃 Happy July 4th! Source: https://www.dividendchannel.com/drip-returns-calculator/
2 · Reply
Firkin
Firkin Jul. 3 at 7:47 AM
$UTF $UTG $GAB under $6
1 · Reply
PennyWeasel
PennyWeasel Jul. 1 at 4:36 PM
$GAB Maybe folks are taking notice that GABs NAV has been rising. Up another $0.04 yesterday to $5.94 and the next ex-div date a long way away on 09/16. Share price up to a high so far today of $5.71. Forward looking premium to NAV target price at $6.14. We'll get there in time +/-! Carry on. 🥰🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jun. 29 at 4:20 PM
$OXLC $GAB $GGT For shits & giggles, I decided to create my own "bread basket" of CEF funds, CEF funds that I don't currently trade. I came up with (11) funds based on filtering for monthly divvi payers, trade +/- 5% to NAV, currently pay at least an 8.5% yield (ranges from 8.78% to 13.09%) and has a trailing 1-Yr Total ROI >= 8% (ranges from 8.09% to 41.65%). Bought $1,500 in each one starting in PM and then a couple more hours into the regular session today. Keeping them for ONE year, all divvis will be DRIP'd with no additional buying and/or selling. List below. 🍀🍀 to me! So far so good! 🤣🥰 🥃 .
2 · Reply
PennyWeasel
PennyWeasel Jun. 25 at 10:27 PM
$GAB Weird! GAB closed today at $5.65 and in AH somebody had 180 shares up for sell at $5.60 so I bought 'em. Placed the order for 447 shares JIC. Doubt I'll get the remaining 267 shs, but $5.60 was a 🎁of 180 shs IMO! Especially so since NAV bumped up today by $0.07 to $5.90! Forward looking PT now $6.11! Thanks!!! 🤣🥰🍀🍀🥃
1 · Reply
Sparrky
Sparrky Jun. 25 at 5:09 PM
$GAB And $AVK have been my "on my radar" buys lately. https://www.cefconnect.com/fund/AVK
0 · Reply
PennyWeasel
PennyWeasel Jun. 24 at 11:37 PM
$GAB Got lucky and was able to sell off my DRIP shares (paid out at $5.5753) today for $5.5800 for an extra buck 13! Woohoo. Stage now reset to move forward with a sane number of shares (3,650 vs 10,950) with a long-term hold strategy and a $5.462 PP avg. Target price now $6.04. The only downside on this one is the quarterly divvi. But too, it looks like it's going to take longer than anticipated for this to get back to a premium to NAV valuation. But that was the 🎲🎲 roll risk going into this. I'm now very comfortable with holding 3,650 shs with a $5.46 average and some pesos banked! 10,950 shares just had too high of a pucker factor! 🤣🥰🍀🍀🥃
1 · Reply
PennyWeasel
PennyWeasel Jun. 22 at 4:53 PM
$GAB $GGT $GUT Tomorrow be pay day! If I get DRIP shares tomorrow on GGT, Fidelity official sucks!!! Still 🥰 the Gabelli tripletts, not so much Fidelity! 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jun. 22 at 2:57 PM
$GAB Used the pop today to back out of my remaining high priced lots. Back now to my original long-term equity limit hold position as we wait for the inevitable correction to a Premium vs NAV share price. After a month and a half of painful frolic and over buying, finally at a 3% overall gain (realized/unrealized) on a 10% annual yield investment. Now at a $5.462 avg. PP position. I mean, I wouldn't complain at a new bigly dip! 🤣🥰🍀🍀🥃
0 · Reply
Sparrky
Sparrky Jun. 18 at 2:18 PM
$GAB Bought $5.439 why not? I missed yesterday with my not cleared funds.
1 · Reply
Sparrky
Sparrky Jun. 16 at 2:01 PM
$GAB Added $5.535. This is a gem. https://www.cefconnect.com/fund/GAB
1 · Reply
PennyWeasel
PennyWeasel Jun. 16 at 12:15 PM
$GAB $GGT $GUT 🥰🍀🍀🥃 Target pricing post dividend NAV adjustments: GAB ($5.85) plus $0.03 - $6.11 GGT ($3.79) plus $0.01 - $4.18 GUT ($3.12) minus $0.01 - $5.94
0 · Reply
PennyWeasel
PennyWeasel Jun. 13 at 12:35 AM
$GAB $GGT $GUT NAVs increase on both GAB ($6.00) up $0.06 and GUT($3.17) up $0.04 today! GGT ($3.87) down $0.03. Monday is ex-div. day for all three. Here's to the weekend! 🥰🍀🍀🥃 🥃 GAB TP: $6.24 GGT TP: $4.26 GUT TP: $6.05
1 · Reply
PennyWeasel
PennyWeasel Jun. 12 at 12:00 AM
$GAB $GGT $GUT Impressive moves to NAV on both GAB ($5.94) and GGT ($3.90) today! Both up $0.11. Not so much on GUT ($3.13) with a big goose egg. 🥰🍀🍀🥃 GAB TP: $6.18 GGT TP: $4.30 GUT TP: $5.97
0 · Reply
PennyWeasel
PennyWeasel Jun. 11 at 8:01 PM
$GAB Nicely done! 🥰🍀🍀🥃
0 · Reply
Sparrky
Sparrky Jun. 11 at 6:07 PM
$GAB GAB good, Fire bad.
0 · Reply
PennyWeasel
PennyWeasel Jun. 11 at 6:05 PM
$GAB She's starting to get a little perky! Or is she just faking it? "I'll have what she's having". 🤣🥰🍀🍀🥃 https://youtu.be/PdJm3DVg3EM?si=2AoOi9KzCf31aFOZ
0 · Reply