Gabelli Equity Trust Declares $0.15 Per Share Cash Distribution
ByAinvest
Thursday, Aug 21, 2025 12:36 pm ET1min read
GAB--
The Fund's distribution policy requires it to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The average net asset value of the Fund is based on the average net asset values as of the last day of the four preceding calendar quarters during the year [1].
The distribution is subject to modification by the Board of Directors at any time and is not a guarantee of future distributions. The Fund's distribution rate should not be considered the dividend yield or total return on an investment in the Fund. The distribution components include approximately 4% from net investment income, 26% from net capital gains, and 70% deemed as a return of capital on a book basis [1].
The Gabelli Equity Trust Inc. is a diversified, closed-end management investment company with $2.1 billion in total net assets. Its primary investment objective is long-term growth of capital, achieved primarily through investing in a portfolio of equity securities. The Fund's secondary investment objective is income, with a focus on undervalued companies with growth potential [3].
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, contact Molly Marion at (914) 921-5681 or via email at mmarion@gabelli.com [1].
References:
[1] https://finance.yahoo.com/news/gabelli-equity-trust-10-distribution-154600407.html
[2] https://www.marketscreener.com/news/the-gabelli-equity-trust-inc-declares-third-quarter-cash-distribution-payable-on-september-23-202-ce7c50dad98af523
[3] https://www.marketscreener.com/quote/stock/THE-GABELLI-EQUITY-TRUST--408948/
The Gabelli Equity Trust Inc. has declared a $0.15 per share cash distribution payable on September 23, 2025, to common stock shareholders of record on September 16, 2025. This decision reaffirms the company's 10% distribution policy. The payment will be made to shareholders as part of the company's ongoing commitment to provide stable returns to its investors.
The Gabelli Equity Trust Inc. (NYSE: GAB) has announced a $0.15 per share cash distribution payable on September 23, 2025, to common stock shareholders of record on September 16, 2025. This distribution reaffirms the company's 10% distribution policy, which aims to provide a stable return to investors.The Fund's distribution policy requires it to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The average net asset value of the Fund is based on the average net asset values as of the last day of the four preceding calendar quarters during the year [1].
The distribution is subject to modification by the Board of Directors at any time and is not a guarantee of future distributions. The Fund's distribution rate should not be considered the dividend yield or total return on an investment in the Fund. The distribution components include approximately 4% from net investment income, 26% from net capital gains, and 70% deemed as a return of capital on a book basis [1].
The Gabelli Equity Trust Inc. is a diversified, closed-end management investment company with $2.1 billion in total net assets. Its primary investment objective is long-term growth of capital, achieved primarily through investing in a portfolio of equity securities. The Fund's secondary investment objective is income, with a focus on undervalued companies with growth potential [3].
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, contact Molly Marion at (914) 921-5681 or via email at mmarion@gabelli.com [1].
References:
[1] https://finance.yahoo.com/news/gabelli-equity-trust-10-distribution-154600407.html
[2] https://www.marketscreener.com/news/the-gabelli-equity-trust-inc-declares-third-quarter-cash-distribution-payable-on-september-23-202-ce7c50dad98af523
[3] https://www.marketscreener.com/quote/stock/THE-GABELLI-EQUITY-TRUST--408948/
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