The Gabelli Utility Trust (GUT)
| Market Value | 399.42M |
| Revenue (ttm) | 10.75M |
| Net Income (ttm) | 4.40M |
| Shares Out | 75.79M |
| EPS (ttm) | 0.06 |
| PE Ratio | 90.88 |
| Forward PE | n/a |
| Dividend | $0.60 (11.39%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 363,186 |
| Open | 5.17 |
| Previous Close | 5.10 |
| Day's Range | 5.10 - 5.29 |
| 52-Week Range | 4.97 - 6.25 |
| Beta | 0.70 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About GUT
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utili... [Read more]
News
GUT Rights Offering Results Quick Notes
GUT's rights offering concluded successfully, issuing 11.6 million shares and raising $58.1 million, though it was undersubscribed with a 76.5% participation rate. The offering was highly accretive, i...
Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
RYE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) -- November 14, 2024 – The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed mont...
These Closed-End Funds Pay $1,000 A Month On Every $100K Invested
I can't tell you how many times I've mentioned closed-end funds (CEFs) to investors and been met with blank stares in return.
Gabelli Utility Trust Rights Offering Concludes Raising $58 Million
RYE, New York, Oct. 22, 2024 (GLOBE NEWSWIRE) -- The Gabelli Utility Trust (NYSE: GUT) (the “Fund”) is pleased to announce the successful completion of its transferable rights offering (the “Offering”...
CEF Weekly Review: Rights Offerings Are Contingent Alpha
We review the CEF market valuation and performance through the third week of September and highlight recent market action. CEF market activity was mixed with tighter discounts and lower NAVs. Western ...
In Case You Need A Reminder, Swap GUT For DPG
Fourteen months ago, I wrote on article that described the absurd valuation difference between two utility funds that actually had much in common. But based on the NAV and MKT yields of the funds, I f...
GUT: 2024 Rights Offering Underway
The Gabelli Utility Trust's 1-for-5 rights offering allows shareholders to buy additional shares at $5 each, expiring October 21, 2024. GUT trades at a 72.52% premium to NAV, making the rights valuabl...
Gabelli Utility Trust Announces Rights Offering for Common Shares Record Date and Summary of Terms
RYE, N.Y., Aug. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE: GUT) (the “Fund”) has approved a transferable rights offering which will allow the Fund's record ...
GUT: Examining The Fund's Changes Over The Past Few Months
Gabelli Utility Trust is a closed-end fund offering high income with equity exposure, focusing on the utility sector for inflation protection. The GUT closed-end fund yields 9.95%, outperforming peer ...
Closed-End Funds: 2024 Revisit Of Funds That Never Cut Distributions With Inception Pre-2008
Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisi...
GUT: Destructive Return Of Capital Distributions Makes It Hard To Recommend This Expensive CEF
Gabelli Utility Trust offers a high level of income for investors without sacrificing the potential upside from common stocks.
3 Utility CEFs Paying Electric Yields Up To 11%
Vanilla investors are freaking out that Jerome Powell & Co. won't cut rates right away.
Gabelli Utility Trust Is Overpriced At An 87% Premium To NAV But Hard To Short
Gabelli Utility Trust trades at an 87% premium to net asset value, despite lagging behind the Vanguard Utilities Index Fund ETF Shares. The GUT closed-end fund's high premium is attributed to its attr...
GUT: The Premium That Refuses To Die
The utilities sector faced a tough year in 2023, contrary to its usual defensive nature during economic downturns. GUT displays an extremely high premium to its net asset value (NAV), currently at 109...
GUT: Down 25%, Still A Strong Sell
GUT has suffered losses of over 25% these past few days. Losses were due to general market weakness and an excessively elevated premium. Premiums remain excessive, however. A look at the fund's premiu...
2 CEFs To Sell (GOF And GUT) With Better Replacements
Closed-end funds with high distribution rates and elevated premiums may be setting investors up for significant losses. Guggenheim Strategic Opportunities Fund (GOF) and Gabelli Utility Trust (GUT) ar...
Gabelli Utility Trust to Commence Exchange Offer For Series B Auction Market Preferred Shares
RYE, N.Y., Sept. 06, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE: GUT) (the “Fund”) has authorized an exchange offer (the “Offer”) for all of the Fund's outstandi...
Equity CEFs: Peak Insanity, Version 2023
In 2018, we warned about premium valuations in equity CEFs before a correction and bear market occurred. We believe that the current wide discounts in many CEFs are due to institutional shareholders r...
Equity CEFs: So DPG Cuts, But GUT Won't Have To?
It's been a rough year for utility stocks and utility focused CEFs as interest rates have moved up making their high dividend yields less attractive. So despite a bull market in just about everything ...
GUT: Pay A Dollar For 50 Cents
The Gabelli Utility Trust (GUT) fund is trading at a 113% premium to its net asset value (NAV), despite only delivering a 6.7% average annual return over 10 years. The fund is liquidating its NAV to m...
3 Monthly Dividend Stocks Yielding Up To 19.5%
If retirement gets any better than monthly dividend payers then, well, I don't want to know about it.
Closed-End Fund: April 2023 Check On Valuation
Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experience...
Potentially The Greatest Swap Idea In CEF History: Sell GUT, Buy PGP
What could go wrong with a fund near an all-time high 105% market price premium combined with a near all-time low NAV? Shareholders of the Gabelli Utility Trust may think they own a safe utility stock...