Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

    Get Diamond plan for FREE

    logo

    The Gabelli Equity Trust Inc. (GAB)

    Price:

    6.17 USD

    ( - -0.07 USD)

    Your position:

    0 USD

    ACTION PANEL
    CREATE A NOTE
    ABOUT
    Symbol
    GAB
    Name
    The Gabelli Equity Trust Inc.
    Industry
    Asset Management
    Sector
    Financial Services
    Price
    6.170
    Market Cap
    1.908B
    Enterprise value
    1.869B
    Currency
    USD
    Ceo
    Carter W. Austin
    Full Time Employees
    Ipo Date
    1986-08-14
    City
    Rye
    Address
    One Corporate Center

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
    Descriptive alt text

    (REGISTER FOR EARLY ACCESS) CHOOSE A PROMPT ABOVE TO ASK OUR AI ABOUT THE SPECIFIC INFORMATION

    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    Corebridge Financial, Inc.

    VALUE SCORE:

    9

    Symbol
    CRBG
    Market Cap
    13.870B
    Industry
    Asset Management
    Sector
    Financial Services

    2nd position

    FS Credit Opportunities Corp.

    VALUE SCORE:

    13

    Symbol
    FSCO
    Market Cap
    1.045B
    Industry
    Asset Management
    Sector
    Financial Services

    The best

    RiverNorth Opportunities Fund, Inc.

    VALUE SCORE:

    14

    Symbol
    RIV
    Market Cap
    261.683M
    Industry
    Asset Management
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    7.229
    P/S
    15.582
    P/B
    1.037
    Debt/Equity
    0.000
    EV/FCF
    24.101
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    15.581
    Earnings yield
    0.138
    Debt/assets
    0.000
    FUNDAMENTALS
    Net debt/ebidta
    -0.000
    Interest coverage
    57.551
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0.000
    Capex to revenue
    0.000
    Capex to depreciation
    0
    Return on tangible assets
    0.136
    Debt to market cap
    0.000
    Piotroski Score
    6.000
    FUNDAMENTALS
    PEG
    0.186
    P/CF
    25.418
    P/FCF
    24.376
    RoA %
    13.610
    RoIC %
    6.561
    Gross Profit Margin %
    91.437
    Quick Ratio
    9.212
    Current Ratio
    9.212
    Net Profit Margin %
    224.749
    Net-Net
    -0.307
    FUNDAMENTALS PER SHARE
    FCF per share
    0.245
    Revenue per share
    0.380
    Net income per share
    0.853
    Operating cash flow per share
    0.245
    Free cash flow per share
    0.245
    Cash per share
    0.000
    Book value per share
    5.951
    Tangible book value per share
    5.951
    Shareholders equity per share
    5.951
    Interest debt per share
    0.007
    TECHNICAL
    52 weeks high
    6.370
    52 weeks low
    4.500
    Current trading session High
    6.240
    Current trading session Low
    6.110
    DIVIDEND
    Dividend yield
    9.73%
    Payout ratio
    66.9%
    Years of div. Increase
    1.000
    Years of div.
    39.000
    Q-shift
    3.000
    Dividend per share
    0.600
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.089056194%
    Payout Ratio
    73.8263%
    P/E
    9.793
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.05831904%
    Payout Ratio
    37.297255%
    P/E
    7.361
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.09819967%
    Payout Ratio
    75.954694%
    P/E
    10.779
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.077006504%
    Payout Ratio
    48.3562%
    P/E
    11.964
    DESCRIPTION

    The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/gabelli-equity-trust-40th-anniversary-20260217.jpg
    Gabelli Equity Trust 40th Anniversary

    globenewswire.com

    2026-02-17 16:04:00

    Shareholders Received Total Return of 27.32% in 2025 Reaffirms 10% Distribution Policy of $0.60 Per Share Annually Announces Rights Offering for Common Shares RYE, N.Y., Feb. 17, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust (NYSE: GAB) (the “Fund”) reaffirmed the Fund's distribution policy of paying $0.60 per share annually, and has approved a transferable rights offering which will allow the Fund's record date common shareholders to acquire additional shares of common stock (the “Offering”).

    https://images.financialmodelingprep.com/news/gabelli-equity-trust-10-distribution-policy-reaffirmed-and-declared-20260211.jpg
    Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.15 Per Share

    globenewswire.com

    2026-02-11 16:27:00

    RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on March 24, 2026 to common stock shareholders of record on March 17, 2026.

    https://images.financialmodelingprep.com/news/a1rated-and-6-from-gabelli-equity-trusts-preferred-stocks-20260109.jpg
    A1-Rated And 6% From Gabelli Equity Trust's Preferred Stocks

    seekingalpha.com

    2026-01-09 09:02:40

    GAB's preferred shares carry an A1 Moody's rating, offer ~6% current yields, trade below par, and pay 100% qualified dividends. Low leverage (~16%) and 1940 Act asset coverage requirements provide substantial protection even in severe market stress scenarios. The fund's scale may provide diversification and liquidity advantages for shareholders.

    https://images.financialmodelingprep.com/news/billionaires-start-2026-with-huge-insider-buys-20260107.jpg
    Billionaires Start 2026 With Huge Insider Buys

    247wallst.com

    2026-01-07 08:45:23

    Under Armour, W.R. Berkley, and Gabelli Healthcare and WellnessRx Trust have seen some huge insider purchases, and there were some other notable insider purchases as well..

    https://images.financialmodelingprep.com/news/gabelli-equity-trust-nysegab-stock-price-passes-above-fifty-20251227.png
    Gabelli Equity Trust (NYSE:GAB) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

    defenseworld.net

    2025-12-27 04:20:57

    Gabelli Equity Trust Inc. (NYSE: GAB - Get Free Report) shares crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $6.08 and traded as high as $6.17. Gabelli Equity Trust shares last traded at $6.1350, with a volume of 410,811 shares traded. Gabelli Equity

    https://images.financialmodelingprep.com/news/envestnet-asset-management-inc-buys-404110-shares-of-gabelli-equity-20251117.png
    Envestnet Asset Management Inc. Buys 404,110 Shares of Gabelli Equity Trust Inc. $GAB

    defenseworld.net

    2025-11-17 04:34:54

    Envestnet Asset Management Inc. boosted its stake in Gabelli Equity Trust Inc. (NYSE: GAB) by 761.9% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 457,149 shares of the financial services provider's stock after buying an additional 404,110

    https://images.financialmodelingprep.com/news/gabelli-equity-trust-10-distribution-policy-reaffirmed-and-declared-20251112.jpg
    Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 per Share

    globenewswire.com

    2025-11-12 14:12:00

    RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on December 19, 2025 to common stock shareholders of record on December 12, 2025.

    https://images.financialmodelingprep.com/news/gabelli-equity-trust-high-quality-preferred-shares-stability-and-20250916.jpg
    Gabelli Equity Trust High Quality Preferred Shares: Stability And Yield In A Volatile Market

    seekingalpha.com

    2025-09-16 14:58:09

    Gabelli Equity Trust preferred shares present a compelling fixed-income alternative as common stocks remain overvalued. GAB's preferreds offer a stable A1 credit rating, trade below par, and yield approximately 5.8% with cumulative distributions. Compared to peers, GAB's preferreds have tighter spreads and strong credit quality, enhancing their appeal for risk-conscious investors.

    https://images.financialmodelingprep.com/news/this-10-dividend-will-be-the-first-to-fall-20250823.jpg
    This 10% Dividend Will Be The First To Fall In The Next Pullback

    forbes.com

    2025-08-23 10:40:07

    This market continues to float higher—and that means we dividend investors do need to be more selective. But it doesn't mean there aren't high-yield options on the table for us.

    https://images.financialmodelingprep.com/news/gabelli-equity-trust-10-distribution-policy-reaffirmed-and-declared-20250821.jpg
    Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.15 Per Share

    globenewswire.com

    2025-08-21 11:46:00

    RYE, N.Y., Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on September 23, 2025 to common stock shareholders of record on September 16, 2025.

    https://images.financialmodelingprep.com/news/highquality-preferred-stock-with-6-yield-potential-from-gabelli-20250723.jpg
    High-Quality Preferred Stock With 6% Yield Potential From Gabelli Equity Trust

    seekingalpha.com

    2025-07-23 07:00:00

    I'm shifting focus to high-quality preferred stocks like those from Gabelli Equity Trust, as common stocks seem overvalued and fixed income offers better risk-return. GAB's preferreds are A1-rated, trade below par, yield around 6%, and offer strong stability with low leverage and robust protections. Compared to peers, GAB's preferreds deliver higher yields for their credit quality, making them attractive versus riskier alternatives with lower returns.

    https://images.financialmodelingprep.com/news/gabelli-equity-trust-10-distribution-policy-reaffirmed-and-declared-20250514.jpg
    Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

    globenewswire.com

    2025-05-14 10:28:00

    RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on June 23, 2025 to common stock shareholders of record on June 13, 2025.

    https://images.financialmodelingprep.com/news/gab-lack-of-tech-exposure-is-a-plus-but-20250512.jpg
    GAB: Lack Of Tech Exposure Is A Plus, But This Fund Is Incredibly Expensive

    seekingalpha.com

    2025-05-12 08:06:42

    The Gabelli Equity Trust offers high income and equity exposure, boasting a 10.73% yield, significantly higher than major domestic equity indices and fixed-income indices. The fund's portfolio lacks exposure to the underperforming technology sector, contributing to its outperformance compared to the S&P 500 Index year-to-date. GAB has a place in a portfolio, as its holdings are very different from those of most other closed-end funds. This helps avoid concentration in only a few companies.

    https://images.financialmodelingprep.com/news/gabelli-equity-trust-10-distribution-policy-reaffirmed-and-declared-20250213.jpg
    Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.15 Per Share

    globenewswire.com

    2025-02-13 11:22:00

    RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on March 24, 2025 to common stock shareholders of record on March 17, 2025.

    https://images.financialmodelingprep.com/news/sell-equity-buy-fixed-income-part-2-gab-and-20250212.jpg
    Sell Equity, Buy Fixed Income, Part 2: GAB And 5.9% From One Of The Highest Rated Preferred Shares On The Exchange

    seekingalpha.com

    2025-02-12 14:01:03

    We recommend selling equity and buying fixed income, focusing on high-yield preferred shares like Gabelli Equity Trust preferred stock for minimal credit risk. GAB preferred shares offer a high yield of 5.87% with strong credit ratings (A1 from Moody's and A from Fitch), making them a safe investment. GAB trades at a 1.47% discount with low leverage, ensuring stability and safety in comparison to other preferred stocks with higher risks.

    https://images.financialmodelingprep.com/news/gab-5-reasons-why-i-would-avoid-this-cef-20250203.jpg
    GAB: 5 Reasons Why I Would Avoid This CEF

    seekingalpha.com

    2025-02-03 08:05:21

    The Gabelli Equity Trust is a closed-end investment company focused on long-term growth of capital. GAB's expense ratio of 1.6% is significantly higher than the average equity mutual fund expense ratio and represents a key negative. The fund's underweight exposure to mega-cap tech companies and premium to NAV are also key negatives.