Gabelli Equity Trust's Series H Preferred Stock Yields Above 6% Mark

Gabelli Equity Trust's Series H Preferred Stock has reached a 6% yield mark, with shares trading as low as $20.83. The stock is currently off 0.6% on the day, while the common shares are off 0.8%. The average yield in the "ETFs & CEFs" preferred stock category is 6.19%. The stock is trading at a 15.84% discount to its liquidation preference amount.