Gabelli Equity Trust pays 9.5% yield while founder quietly buys millions in shares [Yahoo! Finance]
Gabelli Equity Trust, Inc. (The) (GAB)
US:NYSE Investor Relations:
gabelli.com/funds/products/-111.html
Company Research
Source: Yahoo! Finance
Gabelli's $0.15 quarterly payout held steady through 2008 and 2020 crises, signaling distribution durability. Founder Mario Gabelli's $5 million December 2025 share purchase signals confidence in the fund's outlook. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Gabelli Equity Trust NYSE:GAB ) has quietly become one of the most beloved income vehicles among retail investors, and the math behind that loyalty is straightforward: a 9.5% annualized yield paid quarterly, a founder who keeps buying shares with his own money, and a recent rights offering oversubscribed by more than $117 million. The question income investors actually need answered is whether that yield is real money or a slow return of their own capital dressed up as income. Gabelli Equity Trust is a closed-end management investment company launched in August 1986 with $2.1 billion in net assets. Shares trade around $6, down 7% year to date but up 17% over the past year.
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GAB
News
- This CEF Appears Down From Its 1986 Prices, but It's Hiding a Lovely Secret [Yahoo! Finance]Yahoo! Finance
- Gabelli Equity Trust Rights Offering Oversubscribed by $117 Million Raising $155 MillionGlobeNewswire
- GAB Rights Offering Update: Lower Subscription Price And Deadline Extended [Seeking Alpha]Seeking Alpha
- Gabelli Equity Trust Announces Updated Rights Offering Price and Extends Expiration Date to April 21, 2026 [Yahoo! Finance]Yahoo! Finance
- Gabelli Equity Trust Announces Updated Rights Offering Price and Extends Expiration Date to April 21, 2026 [TheStreet.com]TheStreet.com
GAB
Sec Filings
- 4/22/26 - Form 497AD
- 4/20/26 - Form 4
- 4/1/26 - Form 424B4
- GAB's page on the SEC website