GABELLI GLOBAL UTIL & INCOME
Gabelli Global Util & Income (ticker: GLU) is a closed‑end investment fund managed by Gabelli that focuses on utilities and income-producing companies worldwide. The fund primarily invests in equity securities of firms in the energy, water and utility sectors across developed and emerging markets, and may also hold income-generating instruments or use limited leverage to seek higher yield and total return. As a closed‑end vehicle it trades on the exchange and its market price can differ from net asset value (NAV). With a market capitalisation of about $107.9m, liquidity and discount/premium behaviour are important considerations. Key risks include sector concentration, sensitivity to interest rates, regulatory and commodity cycles, currency fluctuations and manager risk. Income distributions are variable and not guaranteed. This summary is general educational information only and not personal financial advice; investors should review the fund prospectus and consider seeking regulated advice.
Stock Performance Snapshot
Financial Health
Gabelli Global Utility & Income has moderate revenue and profitability, but lacks cash flow generation.
Dividend
GABELLI GLOBAL UTIL & INCOME offers a solid dividend yield of 6.49%, making it appealing for dividend-seeking investors. If you invested $1000 you would be paid $64.90 a year in dividends (based on the last 12 months).
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Baskets Featuring GLU
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The continued contraction of the U.S. manufacturing sector suggests a broader economic slowdown, prompting a potential shift in Federal Reserve policy. This environment could create opportunities in defensive stocks, such as those in the consumer staples and utilities sectors, which tend to be more resilient during economic downturns.
Published: August 3, 2025
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Explore BasketWhy You’ll Want to Watch This Stock
Income focused
Targets regular income through dividends and income-generating securities, though distributions can change and are not guaranteed.
Global utilities exposure
Provides exposure to utility firms worldwide, useful for sector allocation; bear in mind regulatory and regional risks.
Rate sensitivity
Utility equities and closed‑end funds can be sensitive to interest-rate moves and leverage, which may affect prices and income sustainability.
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