The Gabelli Dividend & Income Trust Reports Earnings Results for the Full Year Ended December 31, 2019
March 06, 2020 at 04:01 pm EST
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The Gabelli Dividend & Income Trust announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was USD 52.341 million compared to USD 0 a year ago. Net income was USD 468.085 million compared to USD 0 a year ago.
The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to seek a high level of total return with an emphasis on dividends and income. Under normal market conditions, the Fund invests at least 80% of its assets in dividend paying or other income-producing securities. In addition, under normal market conditions, at least 50% of the Fund's assets will consist of dividend paying equity securities. In making stock selections, the Fund's investment adviser looks for securities that have a superior yield and capital gains potential. The Fund invests in a range of sectors, including financial services, food and beverage, consumer products, cable and satellite, business services, paper and forest products, computer software and services, wireless communications, publishing, agriculture, building and construction, health care, broadcasting and others. The Fund's investment advisor is Gabelli Funds, LLC.
THE GABELLI DIVIDEND & INCOME TRUST 
