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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
PDF 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 [Read more]