Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 per Share

Rhea-AI Summary

Gabelli Global Utility & Income Trust (NYSE American: GLU) has announced the continuation of its monthly distribution policy, declaring $0.10 per share for October, November, and December 2025. This aligns with the Fund's initial distribution policy of paying a minimum annual distribution of 6% of the $20.00 IPO price.

The distributions' composition for 2025 is estimated at 31% from net investment income, 50% from net capital gains, and 19% as return of capital. The Board of Trustees regularly reviews distribution levels considering the Fund's NAV and market conditions. Distributions are payable on October 24, November 20, and December 19, 2025, respectively.

Positive

• Consistent monthly distribution maintained at $0.10 per share
• Significant portion (81%) of distribution comes from investment income and capital gains
• Board actively monitors and adjusts distribution policy based on market conditions

Negative

• 19% of distributions classified as return of capital, which reduces shareholder cost basis
• Distribution subject to 3.8% Medicare surcharge for certain high-income shareholders

RYE, N.Y., Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.10 per share for each of October, November, and December 2025.

Distribution Month	Record Date	Payable Date	Distribution Per Share
October	October 17, 2025	October 24, 2025	$	0.10
November	November 13, 2025	November 20, 2025	$	0.10
December	December 12, 2025	December 19, 2025	$	0.10

Under the Fund’s initial distribution policy, the Fund has paid a minimum annual distribution of 6% of the initial public offering price of $20.00 per share (a distribution of $0.10 per share each month).

Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. If necessary, the Fund will pay an adjusting distribution in December which includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The Fund’s distribution policy is subject to modification by the Board of Trustees 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 tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.

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 31% from net investment income, 50% from net capital gains and 19% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the monthly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.

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:

Adam Tokar
(914) 457-1079

About The Gabelli Global Utility & Income Trust
The Gabelli Global Utility & Income Trust is a diversified, closed-end management investment company with $134 million in total net assets whose primary investment objective is to seek a consistent level of after-tax total return for its investors with an emphasis on tax-advantaged dividend income under current tax law. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).

NYSE American – GLU
CUSIP – 36242L105

Investor Relations Contact:
Adam Tokar
(914) 457-1079
atokar@gabelli.com

FAQ

What is GLU's distribution amount and frequency for Q4 2025?

GLU will distribute $0.10 per share monthly for October, November, and December 2025, maintaining its consistent monthly distribution policy.

What is the composition of GLU's 2025 distributions?

GLU's 2025 distributions comprise approximately 31% from net investment income, 50% from net capital gains, and 19% as return of capital.

When are GLU's Q4 2025 distribution payment dates?

The payment dates are October 24, 2025 for October, November 20, 2025 for November, and December 19, 2025 for December distributions.

What is GLU's annual distribution rate based on its IPO price?

GLU maintains a minimum annual distribution of 6% based on its initial public offering price of $20.00 per share.

How are GLU's distributions taxed for shareholders?

GLU's distributions may be taxed as long-term capital gains, qualified dividend income, or return of capital, with final tax treatment determined at year-end and reported on Form 1099-DIV.