Stock GAB THE GABELLI EQUITY TRUST INC.
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Company The Gabelli Equity Trust Inc.

Equities

GAB

US3623971013

Closed End Funds

Market Closed - Nyse
Other stock markets
 21:00:02 15/05/2024 BST 		5-day change 1st Jan Change
5.53 USD +0.73% Intraday chart for The Gabelli Equity Trust Inc. +2.03% +8.86%
03-08 The Gabelli Equity Trust Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 The Gabelli Equity Trust Inc. Reports Earnings Results for the Half Year Ended June 30, 2023 CI

Business Summary

The Gabelli Equity Trust Inc. is a diversified closed-end management investment company. The Fund's primary investment objective is to achieve long term growth of capital by investing primarily in a portfolio of equity securities consisting of common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities. The Fund's secondary investment objective is income. Under normal market conditions, the Fund invests at least 80% of the value of its total assets in equity securities. The Fund seeks out undervalued companies with greater than average potential for growth. The Fund invests in various sectors, such as financial services, food and beverage, equipment and supplies, health care, diversified industrial, energy and utilities, business services, entertainment, machinery, consumer services, electronics, retail, environmental services, and aerospace and defense. The Fund's investment adviser is Gabelli Funds, LLC.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
122 100.0 % 138 100.0 % +13.56%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
122 100.0 % 138 100.0 % +13.56%

Managers

Managers TitleAgeSince
Mario Gabelli CHM
 Chairman 81 19/05/86
John Ball PSD
 President 48 31/12/16
Richard Walz CMP
 Compliance Officer 65 31/10/13
Agnes Mullady BRD
 Director/Board Member 65 31/12/05
Kevin Dreyer PRN
 Corporate Officer/Principal 46 -
Peter D. Goldstein SEC
 Corporate Secretary 71 31/12/03

Members of the board

Members of the board TitleAgeSince
James Conn BRD
 Director/Board Member 86 14/05/89
Mario Gabelli CHM
 Chairman 81 19/05/86
William Heitmann BRD
 Director/Board Member 75 14/08/12
Frank Fahrenkopf BRD
 Director/Board Member 85 10/05/98
Salvatore Zizza BRD
 Director/Board Member 79 20/08/86
Elizabeth Bogan BRD
 Director/Board Member 80 31/12/20
Laura Linehan BRD
 Director/Board Member - -
Agnes Mullady BRD
 Director/Board Member 65 31/12/05
Kuni Nakamura BRD
 Director/Board Member 56 30/04/18
Michael Ferrantino BRD
 Director/Board Member 53 21/02/17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 302,053,894 300,329,025 ( 99.43 %) 0 99.43 %

Shareholders

NameEquities%Valuation
Commonwealth Equity Services LLC
0.8819 %
2,573,366 0.8819 % 14 M $
LPL Financial LLC
0.7732 %
2,256,192 0.7732 % 12 M $
Morgan Stanley Smith Barney LLC
0.7249 %
2,115,315 0.7249 % 11 M $
Mario Gabelli
0.5353 %
1,561,972 0.5353 % 8 M $
Bank of America, NA (Charlotte, North Carolina)
0.4174 %
1,218,005 0.4174 % 6 M $
The Philadelphia Trust Co.
0.4110 %
1,199,269 0.4110 % 6 M $
Cohen & Steers Capital Management, Inc.
0.3097 %
903,640 0.3097 % 5 M $
GAMCO Asset Management, Inc.
0.2902 %
846,675 0.2902 % 4 M $
Landscape Capital Management LLC
0.2426 %
707,976 0.2426 % 4 M $
BerganKDV Wealth Management LLC
0.2136 %
623,338 0.2136 % 3 M $
NameEquities%Valuation
Knights of Columbus (Investment Portfolio)
21.02 %
800,000 21.02 % 17 M $
Salvatore Zizza
0.0263 %
1,000 0.0263 % 21 390 $
NameEquities%Valuation
UBS GROUP AG
12.90 %
258 12.90 % 1 311 $
NameEquities%Valuation
UBS GROUP AG
12.93 %
517 12.93 % 2 740 $
NameEquities%Valuation
GAMCO Asset Management, Inc.
1.165 %
29,000 1.165 % 617 700 $
NameEquities%Valuation
GAMCO Asset Management, Inc.
13.13 %
90,000 13.13 % 477 000 $

Company contact information

Gabelli Equity Trust, Inc.

One Corporate Center

10580-1422, Rye

+914 921 5000

http://www.gabelli.com
address The Gabelli Equity Trust Inc.(GAB)

Sector

Financials
Collective Investments
Collective Investments
Closed End Funds
Closed End Funds

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