Company The Gabelli Equity Trust Inc.

Equities

GAB

US3623971013

Closed End Funds

Real-time Estimate Cboe BZX 11:57:04 2024-04-29 am EDT 5-day change 1st Jan Change
5.32 USD +0.19% Intraday chart for The Gabelli Equity Trust Inc. +0.44% +4.60%

Business Summary

The Gabelli Equity Trust Inc. is a diversified closed-end management investment company. The Fund's primary investment objective is to achieve long term growth of capital by investing primarily in a portfolio of equity securities consisting of common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities. The Fund's secondary investment objective is income. Under normal market conditions, the Fund invests at least 80% of the value of its total assets in equity securities. The Fund seeks out undervalued companies with greater than average potential for growth. The Fund invests in various sectors, such as financial services, food and beverage, equipment and supplies, health care, diversified industrial, energy and utilities, business services, entertainment, machinery, consumer services, electronics, retail, environmental services, and aerospace and defense. The Fund's investment adviser is Gabelli Funds, LLC.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
122 100.0 % 138 100.0 % +13.56%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
122 100.0 % 138 100.0 % +13.56%

Managers

Managers TitleAgeSince
Chairman 81 86-05-19
President 48 16-12-31
Compliance Officer 65 13-10-31
Director/Board Member 65 05-12-31
Corporate Officer/Principal 46 -
Corporate Secretary 71 03-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 86 89-05-14
Chairman 81 86-05-19
Director/Board Member 75 12-08-14
Director/Board Member 85 98-05-10
Director/Board Member 79 86-08-20
Director/Board Member 80 20-12-31
Director/Board Member 65 05-12-31
Director/Board Member 56 18-04-30
Director/Board Member 53 17-02-21
Director/Board Member 56 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 302,053,894 300,329,025 ( 99.43 %) 0 99.43 %

Shareholders

NameEquities%Valuation
Morgan Stanley Smith Barney LLC
0.7249 %
2,115,315 0.7249 % 12 M $
Commonwealth Equity Services LLC
0.7206 %
2,102,667 0.7206 % 12 M $
1,561,972 0.5353 % 9 M $
Bank of America, NA (Charlotte, North Carolina)
0.4174 %
1,218,005 0.4174 % 7 M $
The Philadelphia Trust Co.
0.4117 %
1,201,444 0.4117 % 7 M $
Cohen & Steers Capital Management, Inc.
0.3097 %
903,640 0.3097 % 5 M $
GAMCO Asset Management, Inc.
0.2902 %
846,675 0.2902 % 5 M $
BerganKDV Wealth Management LLC
0.2136 %
623,338 0.2136 % 3 M $
Creative Planning LLC
0.1830 %
533,961 0.1830 % 3 M $
RBC Dominion Securities, Inc.
0.1814 %
529,182 0.1814 % 3 M $
NameEquities%Valuation
Knights of Columbus (Investment Portfolio)
21.02 %
800,000 21.02 % 18 M $
1,000 0.0263 % 21 995 $
NameEquities%Valuation
258 12.90 % 1 311 $
NameEquities%Valuation
517 12.93 % 2 854 $
NameEquities%Valuation
GAMCO Asset Management, Inc.
1.165 %
29,000 1.165 % 632 925 $
NameEquities%Valuation
GAMCO Asset Management, Inc.
13.13 %
90,000 13.13 % 496 800 $
NameEquities%Valuation
Bartlett & Co. Wealth Management LLC
0.1108 %
4,500 0.1108 % 99 045 $

Company contact information

Gabelli Equity Trust, Inc.

One Corporate Center

10580-1422, Rye

+914 921 5000

http://www.gabelli.com
address The Gabelli Equity Trust Inc.(GAB)
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