GABELLI GLOBAL UTIL & INCOME
The Gabelli Global Utility & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to seek a consistent level of after-tax total return for its investors, with an emphasis on tax advantaged dividend income under current tax law. Under normal market conditions, the Fund invests at least 80% of its assets in equity securities and income producing securities (such as governments) of domestic and foreign companies involved in the utilities industry and other industries that are expected to pay periodic dividends. The Fund invests in sectors, such as integrated energy and utilities, telecommunications, food and beverage, financial services, services, natural gas utilities, natural gas integrated, cable and satellite, electric transmission and distribution, diversified industrial, wireless communications and others. The Fund's investment advisor is Gabelli Funds, LLC.
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 6.62%, making it appealing for dividend-seeking investors. If you invested $1000 you would be paid $66.20 a year in dividends (based on the last 12 months).
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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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6% Interest on Cash
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