Gabelli Equity Trust declares $0.15 per share cash distribution.

• Bloomberg financial analyst summary of Gabelli Equity Trust's 10% distribution policy. • Declared $0.15 per share cash distribution for June 23, 2025. • Minimum annual distribution of 10% of the average net asset value. • Board of Directors reviews distribution quarterly from income, capital gain, or capital available. • Net asset value per share fluctuates daily. • Board of Directors will continue to monitor distribution levels.

The Gabelli Equity Trust (NYSE: GAB) has reaffirmed its 10% distribution policy, declaring a quarterly cash distribution of $0.15 per share, payable on June 23, 2025, to shareholders of record on June 13, 2025 [1]. This distribution, which maintains the Fund's commitment to distributing a minimum of 10% of average net asset value annually, is composed of approximately 2% from net investment income, 21% from net capital gains, and 77% as return of capital [1].

The Gabelli Equity Trust's Board of Directors will continue to review the distribution amount quarterly, considering the Fund's net asset value and the current financial market environment. The Fund's distribution policy is subject to modification by the Board at any time, and there can be no guarantee that the policy will continue [1].

Investors should note the tax implications of the distribution. Return of capital isn't immediately taxable but reduces cost basis, potentially creating larger capital gains liability upon eventual sale. The relatively small portions coming from actual investment income (2%) and capital gains (21%) highlight that the fund's portfolio isn't generating substantial organic returns to support its distribution policy [1].

For more information regarding the Fund’s distribution policy and other information about the Fund, investors can contact Molly Marion at (914) 921-5681 [1].

References:
[1] https://www.stocktitan.net/news/GAB/gabelli-equity-trust-10-distribution-policy-reaffirmed-and-declared-jibyg37bxowd.html