Soft Data, Hard Truth: Why This 11.6% Dividend Could Plunge [Forbes]
Gabelli Equity Trust, Inc. (The) (GAB)
US:NYSE Investor Relations:
gabelli.com/funds/products/-111.html
Company Research
Source: Forbes
That's the story with an 11.6%-paying closed-end fund (CEF) that's pretty well-known (for a CEF, that is!). It's the Gabelli Equity Trust (GAB) , run by Mario Gabelli, whom you may have seen on the cable news channels over the years. To get at why we're dodging this well-run fund now, we need to first talk about a phrase you may have heard a lot more from said business channels lately: “soft data.” Ring a bell? Basically it refers to numbers that are more about feelings (or “vibes” as the kids call them these days) that people have about the economy: surveys of consumers and companies, expectations of economic conditions in the future, that sort of thing. This is different from “hard” data, which reflects what's actually happening. Think about it as the difference between asking someone if they're cutting back on their spending and actually looking through their bank accounts to see if they really are. Soft data is notoriously unreliable and often not taken all that seriously
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GAB
News
- Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 per Share [Yahoo! Finance]Yahoo! Finance
- Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 per ShareGlobeNewswire
- The Gabelli Equity Trust Q3 2025 Commentary [Seeking Alpha]Seeking Alpha
GAB
Sec Filings
- 11/28/25 - Form NPORT-P
- 10/16/25 - Form N-23C-2
- GAB's page on the SEC website