Welcome to our dedicated page for Gabelli Equity Trust news (Ticker: GAB), a resource for investors and traders seeking the latest updates and insights on Gabelli Equity Trust stock.
The Gabelli Equity Trust Inc. (NYSE: GAB) is a diversified, closed-end management investment company focused on long-term growth of capital, with income as a secondary objective. This news page compiles company-issued announcements and market communications related to the fund’s operations, policies, and capital structure.
Recent news for The Gabelli Equity Trust has centered on its 10% distribution policy and the declaration of recurring quarterly cash distributions on its common shares. The Board of Directors regularly announces whether it has reaffirmed this policy and specifies the per-share distribution amount, record dates, and payment dates. These releases also describe how distributions may be sourced from net investment income, net capital gains, or return of capital, and they outline how the fund allocates these components on a book basis over the year.
Another key category of news involves the fund’s capital structure and preferred stock. The Gabelli Equity Trust has reported on a tender offer for its Series C and Series E Auction Rate Cumulative Preferred Stock, including the cash consideration per preferred share and the treatment of accrued and unpaid dividends for shares accepted in the offer. These items are tied to a tender offer statement on Schedule TO filed with the SEC.
Investors and observers can use this news stream to follow developments in the fund’s distribution policy, the estimated tax character of distributions, and Board decisions affecting common and preferred shareholders. Regularly reviewing these updates can help users understand how the fund is implementing its stated objectives and managing its equity-based investment strategy over time.
Gabelli Equity Trust (NYSE:GAB) reaffirmed its 10% distribution policy and declared a $0.15 per share cash distribution payable March 24, 2026 to shareholders of record March 17, 2026. The Fund targets a minimum annual distribution equal to 10% of average net asset value.
Based on current accounting records, the 2026 distributions are estimated to be ~4% net investment income, ~5% net capital gains and ~91% return of capital (book basis); final tax components will be determined after year-end.
Gabelli Equity Trust (NYSE:GAB) reaffirmed its 10% distribution policy and declared a $0.15 per share cash distribution payable December 19, 2025 to shareholders of record on December 12, 2025. The Fund said its 10% annual target is based on the average net asset value for the last day of the four preceding quarters; that 10% would equate to $0.54 using quarter-end NAVs of $5.24, $5.15, $5.41, $5.61. By declaring $0.15, the Board distributed $0.06 more than the quarterly amount implied by the policy. The Fund estimates 2025 distributions are ~6% net investment income, 51% net capital gains and 43% return of capital on a book basis; final tax components will be reported on Form 1099-DIV in early 2026.
Gabelli Equity Trust (NYSE:GAB) has reaffirmed its 10% distribution policy and declared a quarterly cash distribution of $0.15 per share, payable on September 23, 2025, to shareholders of record as of September 16, 2025.
The Fund maintains a minimum annual distribution of 10% of average net asset value or an amount meeting IRS requirements for regulated investment companies. The 2025 distributions comprise approximately 4% from net investment income, 26% from net capital gains, and 70% as return of capital on a book basis.
The Board of Directors regularly reviews distribution levels considering net asset value and market conditions. Shareholders will receive detailed tax information for 2025 distributions via Form 1099-DIV in early 2026.
The Gabelli Equity Trust (NYSE:GAB) has reaffirmed its 10% distribution policy and declared a quarterly cash distribution of $0.15 per share, payable on March 24, 2025, to shareholders of record on March 17, 2025. The distribution aims to maintain a minimum annual rate of 10% of the Fund's average net asset value or meet IRS requirements for regulated investment companies.
The current distribution composition includes approximately 4% from net capital gains and 84% as return of capital on a book basis. The Board of Directors reviews potential distributions quarterly, considering income, realized capital gains, and available capital. The distribution policy may be modified, and distributions can be treated as long-term capital gain or qualified dividend income, subject to a maximum 20% federal tax rate for individuals.
The Gabelli Equity Trust (NYSE:GAB) has reaffirmed its 10% distribution policy and declared a Q4 cash distribution of $0.15 per share, payable December 20, 2024. This brings the total 2024 distributions to $0.60 per share, exceeding the 10% policy requirement of $0.53 based on average NAV. The distribution comprises approximately 4% from net investment income, 20% from net capital gains, and 76% return of capital. The Fund's NAV fluctuated between $5.15 and $5.51 during 2024, and the Board has chosen to distribute $0.07 more than required by the policy.
The Gabelli Equity Trust Inc. (NYSE:GAB) has reaffirmed its 10% distribution policy and declared a $0.15 per share cash distribution for the third quarter, payable on September 23, 2024. The distribution is based on the average net asset value of the Fund over the last four calendar quarters. The Board of Directors reviews potential distributions quarterly, considering income, realized capital gains, and available capital.
For 2024 distributions, approximately 4% comes from net investment income, 20% from net capital gains, and 76% is considered a return of capital. The Fund's distribution policy aims to satisfy minimum distribution requirements for regulated investment companies. Shareholders should note that the distribution rate doesn't reflect the Fund's dividend yield or total return, and the policy may be modified by the Board at any time.
The Board of Directors of Gabelli Equity Trust (NYSE:GAB) reaffirmed its 10% distribution policy by declaring a $0.15 per share cash distribution, payable on June 21, 2024, to shareholders of record on June 13, 2024. The Fund aims to pay a minimum annual distribution of 10% of its average net asset value within a calendar year. This policy is subject to modification by the Board at any time. The distribution may consist of income, capital gains, or return of capital. In 2024, distributions are estimated to include 2% from net investment income, 14% from net capital gains, and 84% return of capital. Shareholders will be notified of the tax treatment in early 2025.
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