Gabelli Utility Trust Approves Monthly Cash Distributions for the Month of October, November, and December 2020, Payable on October 23, 2020, November 20, 2020 and December 18, 2020 Respectively
August 20, 2020 at 08:55 am EDT
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The Board of Trustees of 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 October, November, and December 2020. The distribution for October 2020 will be payable on October 23, 2020 to common shareholders of record on October 16, 2020. The distribution for November 2020 will be payable on November 20, 2020 to common shareholders of record on November 13, 2020. The distribution for December 2020 will be payable on December 18, 2020 to common shareholders of record on December 11, 2020.
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 October, November, and December 2020, Payable on October 23, 2020, November 20, 2020 and December 18, 2020 Respectively
THE GABELLI UTILITY TRUST 
