Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share

Rhea-AI Summary

Gabelli Utility Trust (NYSE:GUT) declared monthly cash distributions of $0.05 per share for January, February, and March 2026 with record/payable dates of Jan 15/Jan 23, Feb 12/Feb 20, Mar 17/Mar 24 respectively.

The Board reaffirmed its monthly distribution policy, will review distributions quarterly and may pay an adjusting distribution in December to meet RIC tax requirements. The Fund has paid distributions every month since October 1999. Based on current accounting, 2025 distributions are estimated to comprise ~11% net investment income, ~11% net capital gains, and ~78% return of capital on a book basis. The Fund currently trades at a premium to net asset value and reinvestment purchases occur at that premium.

Positive

• Declared monthly distributions of $0.05 per share for Jan–Mar 2026
• Monthly payout track record since October 1999

Negative

• 78% of 2025 distributions estimated as return of capital (book basis)
• Fund shares currently trade at a premium to net asset value
• Dividend reinvestment occurs at a market premium to net asset value

RYE, N.Y., Nov. 12, 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 January, February, and March 2026.

Distribution Month	Record Date	Payable Date	Distribution Per Share
January	January 15, 2026	January 23, 2026	$0.05
February	February 12, 2026	February 20, 2026	$0.05
March	March 17, 2026	March 24, 2026	$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 11% from net investment income, 11% from net capital gains and 78% 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 $332 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).

THE GABELLI UTILITY TRUST
Investor Relations Contact:
David Schachter
(914} 921-5057
dschachter@gabelli.com

NYSE – GUT
CUSIP – 36240A101

FAQ

What distribution did Gabelli Utility Trust (GUT) declare for January–March 2026?

The Board declared monthly cash distributions of $0.05 per share for January, February, and March 2026.

What are the record and payable dates for GUT distributions in January–March 2026?

January: record Jan 15, payable Jan 23, 2026; February: record Feb 12, payable Feb 20, 2026; March: record Mar 17, payable Mar 24, 2026.

How much of GUT's 2025 distributions are estimated as return of capital?

Based on current accounting, about 78% of 2025 distributions are estimated to be return of capital on a book basis.

Will GUT adjust distributions later in 2026 if needed to meet tax rules?

Yes. The Board may pay an adjusting distribution in December to include additional income and realized gains to satisfy RIC requirements.

Does reinvesting GUT dividends buy shares at net asset value?

No. At the current market price, reinvested distributions occur at a premium to net asset value.