Gabelli Utility Trust Approves Monthly Cash Distributions for the Month of April, May, and June 2021, Payable on April 23, 2021, May 21, 2021 and June 23, 2021 Respectively
February 25, 2021 at 09:53 am EST
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The Gabelli Utility Trust approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of April, May, and June 2021. The distribution for April 2021 will be payable on April 23, 2021 to common shareholders of record on April 16, 2021. The distribution for May 2021 will be payable on May 21, 2021 to common shareholders of record on May 14, 2021. The distribution for June 2021 will be payable on June 23, 2021 to common shareholders of record on June 16, 2021.
The Gabelli Utility Trust (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is long term growth of capital and income. The Fund invests at least 80% of its net assets (plus borrowings made for investment purposes), under normal market conditions, in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas and water, and telecommunications services or infrastructure operations. Under normal circumstances, the Fund invests in securities of issuers located in countries other than the United States and may invest in such foreign securities without limitation. The Fund's portfolio includes equipment and supplies, transportation, diversified industrial, oil, electronics, environmental services, financial services, automotive and specialty chemicals. The Fund's investment adviser is Gabelli Funds, LLC.
Gabelli Utility Trust Approves Monthly Cash Distributions for the Month of April, May, and June 2021, Payable on April 23, 2021, May 21, 2021 and June 23, 2021 Respectively
THE GABELLI UTILITY TRUST 
