This CEF Appears Down From Its 1986 Prices, but It's Hiding a Lovely Secret [Yahoo! Finance]
Gabelli Equity Trust, Inc. (The) (GAB)
US:NYSE Investor Relations:
gabelli.com/funds/products/-111.html
Company Research
Source: Yahoo! Finance
GAB's 11% yield and managed distribution policy are the engine, but there's a catch: about 91% of payouts come as return of capital, which erodes the share price unless you reinvest religiously. Over ten years, GAB's dividend-adjusted returns (209%) nearly matched SCHD at 218%. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE The Gabelli Equity Trust launched in August 1986 with an initial NAV of $9.34. Today, shares trade near $5.57. On a chart, that looks like a 40% loss over nearly four decades. Pull up any stock screener, and GAB appears to have destroyed capital since the Reagan administration. That first impression is completely wrong. What GAB Is Actually Built to Do Gabelli Equity Trust NYSE:GAB ) is a diversified, closed-end management investment company whose primary investment objective is long-term growth of capital, with income as a secondary objective. It runs a concentrated, value-oriented portfolio with $2.1 billion i
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GAB
News
- Gabelli Equity Trust pays 9.5% yield while founder quietly buys millions in shares [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