Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 per Share
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) ha riaffermato la sua politica di distribuzione del 10% e ha dichiarato una distribuzione in contanti di 0,15 USD per azione, pagabile il 19 dicembre 2025 agli azionisti registrati al 12 dicembre 2025. Il Fondo ha detto che il suo obiettivo annuo del 10% si basa sulla media del valore patrimoniale netto per l’ultimo giorno dei quattro trimestri precedenti; quel 10% corrisponderebbe a 0,54 USD usando NAV di fine trimestre di 5,24, 5,15, 5,41, 5,61. Dichiarando 0,15, il Consiglio ha distribuito 0,06 USD in più rispetto all’importo trimestrale implicito dalla politica. Il Fondo stima che le distribuzioni del 2025 siano circa 6% di reddito netto da investimenti, 51% di plusvalenze nette e 43% di ritorno di capitale su base contabile; i componenti fiscali finali saranno riportati sul modulo Form 1099-DIV all’inizio del 2026.
Gabelli Equity Trust (NYSE:GAB) reafirmó su política de distribución del 10% y declaró una distribución en efectivo de 0,15 USD por acción, pagadera el 19 de diciembre de 2025 a los accionistas registrados el 12 de diciembre de 2025. El Fondo indicó que su objetivo anual del 10% se basa en el valor neto de activo promedio para el último día de los cuatro trimestres anteriores; ese 10% equivaldría a 0,54 USD usando NAVs de fin de trimestre de 5,24, 5,15, 5,41, 5,61. Al declarar 0,15, la Junta distribuyó 0,06 USD más de lo que implica el importe trimestral según la política. El Fondo estima que las distribuciones de 2025 son aproximadamente 6% de ingreso neto por inversiones, 51% de ganancias netas de capital y 43% de retorno de capital en base contable; los componentes fiscales finales se informarán en el Formulario 1099-DIV a principios de 2026.
Gabelli Equity Trust (NYSE:GAB)는 12월 10%의 배당 정책을 재확인하고 주당 0.15달러의 현금 배당을 2025년 12월 19일에 지급하며, 기록 주주 명부는 2025년 12월 12일에 작성됩니다. 펀드는 연간 10% 목표가 네 분기 전의 마지막 날의 평균 순자산가치를 기반으로 한다고 밝히며, 0.54 USD. 0.15를 선언함으로써 이사회는 정책에 의해 시사된 분기별 금액보다 0.06달러 더 배당했습니다. 펀드는 2025년 distributions가 순투자소득 6%, 순자본이익 51%, 그리고 회계상 자본상환 43%로 추정되며, 최종 세금 구성요소는 2026년 초 Form 1099-DIV에 보고될 예정입니다.
Gabelli Equity Trust (NYSE:GAB) a réaffirmé sa politique de distribution de 10% et a déclaré une distribution en espèces de 0,15 USD par action payable le 19 décembre 2025 aux actionnaires inscrits au 12 décembre 2025. Le Fonds indique que son objectif annuel de 10% est basé sur la valeur nette d’inventaire moyenne du dernier jour des quatre trimestres précédents; ce 10% équivaudrait à 0,54 USD en utilisant les NAV de fin de trimestre de 5,24, 5,15, 5,41, 5,61. En annonçant 0,15, le Conseil a distribué 0,06 USD de plus que le montant trimestriel implicite par la politique. Le Fonds estime que les distributions de 2025 sont d’environ 6% de revenu net d’investissement, 51% de gains en capital nets et 43% de retour de capital sur une base comptable; les composants fiscaux finaux seront reportés sur le formulaire 1099-DIV au début de 2026.
Gabelli Equity Trust (NYSE:GAB) hat seine Dividendenpolitik von 10% bestätigt und eine Barausschüttung von 0,15 USD je Aktie angekündigt, zahlbar am 19. Dezember 2025 an die Aktionäre, die am 12. Dezember 2025 registriert sind. Der Fonds gab an, dass sein jährliches Ziel von 10% auf dem durchschnittlichen Nettovermögen pro Tag des letzten Tages der vier vorangegangenen Quartale basiert; diese 10% würden 0,54 USD entsprechen, wenn man die NAVs zum Quartalsende von 5,24, 5,15, 5,41, 5,61 verwendet. Durch die Bekanntgabe von 0,15 USD hat der Vorstand 0,06 USD mehr ausgeschüttet als der durch die Richtlinie implizierte vierteljährliche Betrag. Der Fonds schätzt, dass die Ausschüttungen für 2025 ca. 6% Nettoeinkommen aus Investitionen, 51% Netto-Kapitalgewinne und 43% Kapitalrückführung auf Buchbasis betragen; endgültige Steuerkomponenten werden Anfang 2026 im Formular 1099-DIV gemeldet.
Gabelli Equity Trust (NYSE:GAB) أقر مرة أخرى سياسة التوزيع 10% و أعلن عن توزيع نقدي قدره 0.15 دولار أمريكي للسهم قابل للدفع 19 ديسمبر 2025 للمساهمين المسجلين في 12 ديسمبر 2025. وقال الصندوق إن هدفه السنوي البالغ 10% يعتمد على متوسط صافي قيمة الأصول للأيام الأخيرة من الأرباع الأربعة السابقة؛ وهذا 10% سيعادل 0.54 دولار باستخدام NAVs عند نهاية الربع من 5.24، 5.15، 5.41، 5.61. من خلال إعلان 0.15 دولار، قام المجلس بتوزيع 0.06 دولار أكثر من المبلغ الربعي المتوقع وفق السياسة. يقدر الصندوق أن توزيعات 2025 ستكون نحو 6% صافي دخل الاستثمار، و51% صافي أرباح رأس المال و43% عودة رأس المال على أساس محاسبي؛ ستُعلَم المكونات الضريبية النهائية في نموذج 1099-DIV في أوائل 2026.
- Board reaffirmed the Fund's 10% distribution policy
- Declared $0.15 per share payable Dec 19, 2025
- Board added $0.06 above policy-implied distribution level
- Estimated 51% of 2025 distributions from net capital gains
- Estimated 43% of 2025 distributions deemed return of capital
- Net investment income estimated at only 6% of 2025 distributions
- Distribution policy is subject to change by the Board
- Distributions may reduce shareholder cost basis if treated as return of capital
Insights
GAB declared a
The Fund declared a
Risk and dependencies center on the distribution’s funding and tax character. The Fund reports estimated 2025 distribution components of ~
Watch the Fund’s year‑end tax characterization and the Form 1099‑DIV to be sent in early
RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its
The Fund intends to pay a minimum annual distribution of
We note that
The Board of Directors will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. The Fund’s distribution policy is subject to modification by the Board of Directors at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income ta4x rate for long term capital gains, which is currently
If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.
Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would include approximately
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:
Molly Marion
(914) 921-5681
About The Gabelli Equity Trust
The Gabelli Equity Trust Inc. is a diversified, closed-end management investment company with
NYSE – GAB
CUSIP – 362397101
Investor Relations Contact:
Molly Marion
(914) 921-5681
mmarion@gabelli.com
FAQ
What distribution did Gabelli Equity Trust (GAB) declare on November 12, 2025?
How does GAB's declared distribution relate to its 10% distribution policy?
What are the estimated tax components of GAB's 2025 distributions?
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