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 analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.
Frequently asked questions
What sector does The Gabelli Equity Trust Inc (GAB-PH) operate in?
The Gabelli Equity Trust Inc belongs to the Financials sector and operates in the Asset Management industry.
What is The Gabelli Equity Trust Inc (GAB-PH) current stock price?
As of the latest data, The Gabelli Equity Trust Inc stock price is $19.20, with a previous close of $19.28. The Gabelli Equity Trust Inc lost -$0.08 in the last trading session, representing a -0.41% loss.
What is The Gabelli Equity Trust Inc (GAB-PH) current market capitalization?
The Gabelli Equity Trust Inc market cap is approximately 4.86 billion.
What is The Gabelli Equity Trust Inc (GAB-PH) Earnings Per Share (EPS)?
The trailing EPS is $1.18.
What is The Gabelli Equity Trust Inc (GAB-PH) Price-to-Earnings (P/E) ratio?
The Gabelli Equity Trust Inc current P/E ratio is 16.34.
Does The Gabelli Equity Trust Inc (GAB-PH) pay dividends?
Yes. The Gabelli Equity Trust Inc pays quarterly dividends with an annualized yield of 6.51% and an estimated annual payout of $1.25 per share.
When is the next ex-dividend date for The Gabelli Equity Trust Inc (GAB-PH)?
The next ex-dividend date is scheduled for September 21, 2026.
What is The Gabelli Equity Trust Inc (GAB-PH) beta (volatility) score?
The Gabelli Equity Trust Inc has a beta of 0.737, indicating lower volatility than the overall market.