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April 27, 2015 2:08 AM 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 Funds, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests growth oriented value stocks of companies. It 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.

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: 62
Principal Financial Officer, Secretary and Treasurer
Age: 55
President of GAMCO and Chief Operating Officer of GAMCO
Age: 59
General Counsel, General Counsel of GAMCO Investors Inc and Secretary of GAMCO Investors Inc
Age: 50
Chairman and Chief Investment Officer
Age: 71
Compensation as of Fiscal Year 2014.

The Gabelli Equity Trust Inc. Key Developments

The Gabelli Equity Trust Inc. Declares Cash Distribution for First Quarter, Payable on March 24, 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 First Quarter, payable on March 24, 2015 to common stock shareholders of record on March 17, 2015.

Gabelli Equity Trust Declares Quarterly Distribution Payable on December 19, 2014

The Board of Directors of The Gabelli Equity Trust Inc. reaffirmed its 10% distribution policy and declared a $0.19 per share cash distribution payable on December 19, 2014 to common stock shareholders of record on December 12, 2014. With this fourth quarter distribution, the total distributions from the Fund would equate to $0.64 per share for 2014, an increase from total distributions paid in 2013 of $0.62 per share. The amount of the distribution reflects an adjustment, determined by the Board of Directors, attributable to the rights offering. The Fund paid distributions of $0.15 per share in each of the first, second, and third quarters of 2014.

Gabelli Equity Trust, Inc.(NYSE:GAB.PRH) dropped from S&P Preferred Stock Index

Gabelli Equity Trust, Inc.(NYSE:GAB.PRH) dropped from S&P Preferred Stock Index

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