The Gabelli Utility Trust (NYSE:GUT) has announced the continuation of its monthly distribution policy, declaring $0.05 per share for July, August, and September 2025. The distributions will be paid on July 24, August 22, and September 23, 2025, respectively. The Fund's current distribution composition is approximately 4% from net investment income, 1% from net capital gains, and 95% return of capital. The Board of Trustees reviews the distribution level quarterly, considering the Fund's NAV and market conditions. Notably, the Fund's shares are trading at a premium to NAV, which the Board believes may not be sustainable. The Fund has maintained monthly distributions since October 1999.
Il Gabelli Utility Trust (NYSE:GUT) ha annunciato la continuazione della sua politica di distribuzione mensile, dichiarando un dividendo di $0,05 per azione per i mesi di luglio, agosto e settembre 2025. Le distribuzioni saranno pagate rispettivamente il 24 luglio, 22 agosto e 23 settembre 2025. La composizione attuale della distribuzione del Fondo è di circa 4% da reddito netto da investimenti, 1% da plusvalenze nette e 95% da restituzione di capitale. Il Consiglio di Amministrazione esamina trimestralmente il livello delle distribuzioni, tenendo conto del NAV del Fondo e delle condizioni di mercato. È importante notare che le azioni del Fondo stanno negoziando a un premio rispetto al NAV, situazione che il Consiglio ritiene possa non essere sostenibile. Il Fondo ha mantenuto distribuzioni mensili sin da ottobre 1999.
El Gabelli Utility Trust (NYSE:GUT) ha anunciado la continuidad de su política de distribución mensual, declarando un pago de $0.05 por acción para julio, agosto y septiembre de 2025. Las distribuciones se pagarán el 24 de julio, 22 de agosto y 23 de septiembre de 2025, respectivamente. La composición actual de la distribución del Fondo es aproximadamente 4% de ingresos netos por inversiones, 1% de ganancias netas de capital y 95% retorno de capital. La Junta de Síndicos revisa trimestralmente el nivel de distribución, considerando el NAV del Fondo y las condiciones del mercado. Es importante destacar que las acciones del Fondo cotizan con una prima respecto al NAV, lo que la Junta considera que podría no ser sostenible. El Fondo ha mantenido distribuciones mensuales desde octubre de 1999.
Gabelli Utility Trust (NYSE:GUT)는 2025년 7월, 8월, 9월에 대해 주당 0.05달러의 월 배당 정책을 계속한다고 발표했습니다. 배당금은 각각 2025년 7월 24일, 8월 22일, 9월 23일에 지급될 예정입니다. 펀드의 현재 배당 구성은 약 순투자소득 4%, 순자본이익 1%, 자본환급 95%로 이루어져 있습니다. 이사회는 펀드의 순자산가치(NAV)와 시장 상황을 고려하여 분기별로 배당 수준을 검토합니다. 특히, 펀드 주식이 NAV 대비 프리미엄으로 거래되고 있는데, 이사회는 이러한 상태가 지속 가능하지 않을 수 있다고 보고 있습니다. 이 펀드는 1999년 10월부터 월 배당을 유지해 오고 있습니다.
Le Gabelli Utility Trust (NYSE:GUT) a annoncé la poursuite de sa politique de distribution mensuelle, déclarant un montant de 0,05 $ par action pour les mois de juillet, août et septembre 2025. Les distributions seront versées respectivement les 24 juillet, 22 août et 23 septembre 2025. La composition actuelle des distributions du Fonds est d'environ 4 % issus des revenus nets d'investissement, 1 % des plus-values nettes et 95 % de retour de capital. Le conseil d'administration examine trimestriellement le niveau des distributions en tenant compte de la valeur liquidative (NAV) du Fonds et des conditions de marché. Il est à noter que les actions du Fonds se négocient avec une prime par rapport à la NAV, ce que le conseil considère comme potentiellement non durable. Le Fonds verse des distributions mensuelles depuis octobre 1999.
Der Gabelli Utility Trust (NYSE:GUT) hat die Fortsetzung seiner monatlichen Ausschüttungspolitik bekannt gegeben und für Juli, August und September 2025 eine Ausschüttung von 0,05 USD pro Aktie erklärt. Die Ausschüttungen erfolgen am 24. Juli, 22. August und 23. September 2025. Die aktuelle Zusammensetzung der Ausschüttungen des Fonds beträgt etwa 4 % aus Nettoanlageerträgen, 1 % aus Netto-Kapitalgewinnen und 95 % Kapitalrückzahlung. Der Verwaltungsrat überprüft vierteljährlich die Ausschüttungshöhe unter Berücksichtigung des NAV des Fonds und der Marktbedingungen. Bemerkenswert ist, dass die Fondsanteile mit einem Aufschlag auf den NAV gehandelt werden, was der Verwaltungsrat für möglicherweise nicht nachhaltig hält. Der Fonds zahlt seit Oktober 1999 monatliche Ausschüttungen.
Positive
Consistent monthly distribution policy maintained since October 1999
Regular quarterly review of distribution levels by Board of Trustees
Negative
95% of distributions are return of capital, indicating insufficient earnings to cover distributions
Shares trading at unsustainable premium to NAV according to Board
Only 5% of distributions come from actual earnings (4% net investment income, 1% capital gains)
RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of July, August, and September 2025.
Distribution Month
Record Date
Payable Date
Distribution Per Share
July
July 17, 2025
July 24, 2025
$0.05
August
August 15, 2025
August 22, 2025
$0.05
September
September 16, 2025
September 23, 2025
$0.05
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. The Gabelli Utility Trust has paid a distribution to shareholders every month since October 1999.
The Fund’s shares are currently trading at a premium to net asset value. The Board of Trustees believes that the premium at which the Fund shares trade relative to net asset value is not likely to be sustainable. Shareholders participating in the Fund’s dividend reinvestment plan should note that at the current market price, the reinvestment of distributions occurs at a premium to net asset value.
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 4% from net investment income, 1% from net capital gains and 95% 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:
David Schachter (914) 921-5057
About The Gabelli Utility Trust The Gabelli Utility Trust is a diversified, closed-end management investment company with $321 million in total net assets whose primary investment objective is to seek long-term growth of capital and income by investing primarily in utility companies involved in the generation and distribution of electricity, gas, and water. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).
NYSE – GUT CUSIP – 36240A101
THE GABELLI UTILITY TRUST Investor Relations Contact: David Schachter (914) 921-5057 dschachter@gabelli.com
FAQ
What is GUT's monthly distribution amount for July-September 2025?
The Gabelli Utility Trust (GUT) declared monthly distributions of $0.05 per share for July, August, and September 2025.
What is the composition of GUT's 2025 distributions?
GUT's 2025 distributions consist of approximately 4% from net investment income, 1% from net capital gains, and 95% return of capital.
When did GUT begin its monthly distribution policy?
The Gabelli Utility Trust has been paying monthly distributions to shareholders since October 1999.
Is GUT trading at a premium or discount to NAV?
GUT is currently trading at a premium to its net asset value (NAV), which the Board believes may not be sustainable.
What are the payment dates for GUT's Q3 2025 distributions?
The payment dates are July 24 for July distribution, August 22 for August distribution, and September 23 for September distribution.
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