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November 24, 2015 7:48 PM ET

Capital Markets

Company Overview of The Gabelli Equity Trust Inc.

Company Overview

The Gabelli Equity Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Fund, LDC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of companies. It employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as sustainable competitive advantages, hard assets, and cash flow to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity T...

One Corporate Centre

Rye, NY 10580-1422

United States

Founded in 1986

Key Executives for The Gabelli Equity Trust Inc.

Principal Executive Officer, President and Chief Operating Officer of Gabelli Funds Llc
Age: 63
President of the Open-End Fund Division and Chief Operating Officer of the Open-End Fund Division
Age: 56
President of GAMCO and Chief Operating Officer of GAMCO
Age: 60
General Counsel, General Counsel of GAMCO Investors Inc and Secretary of GAMCO Investors Inc
Age: 51
Age: 42
Compensation as of Fiscal Year 2015.

The Gabelli Equity Trust Inc. Key Developments

Gabelli Equity Trust Declares Fourth Quarter Distribution Payable on December 18, 2015

The Board of Directors of The Gabelli Equity Trust Inc. reaffirmed and satisfied its 10% distribution policy by declaring a $0.19 per share cash distribution payable on December 18, 2015 to common stock shareholders of record on December 11, 2015.

The Gabelli Equity Trust Inc. Declares Third Quarter Distribution Payable on September 23, 2015

The Board of Directors of The Gabelli Equity Trust Inc. reaffirmed its 10% distribution policy and declared a $0.15 per share cash distribution for the third quarter, payable on September 23, 2015 to common stock shareholders of record on September 16, 2015.

Gabelli Equity Trust Expands Investment Team

GAMCO Investors Inc. announced the appointment of Robert D. Leininger, CFA and Daniel M. Miller to the investment team of the Gabelli Equity Trust, effective June 1, 2015. Messrs. Leininger and Miller join Mario J. Gabelli, who has been the portfolio manager of the Fund since its launch on August 21, 1986, and Kevin V. Dreyer and Christopher J. Marangi, who joined the portfolio management team on July 1, 2013.

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