Articles from The Gabelli Utility Trust

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (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 April, May, and June 2023.

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (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 2023.

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (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 October, November, and December 2022.

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (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 2022.

The Gabelli Utility Trust (NYSEGUT) (the “Fund”) is pleased to announce the successful completion of its transferable rights offering (the “Offering” or “Offer”) in which the Fund will issue 9,133,529 common shares, for gross proceeds totaling $50,234,410, assuming the over-subscription privilege is exercised.

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (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 April, May, and June 2022.

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (the “Fund”) authorized the redemption of all remaining outstanding 5.625% Series A Cumulative Preferred Shares (the “Series A Preferred Shares’). The Series A Preferred Shares will be redeemed at $25.13671875 per share (the “Redemption Price”), which consists of $25.00 per share (the “Liquidation Preference”) plus $0.13671875 per share representing accumulated but unpaid dividends and distributions to the redemption date of January 31, 2022 (the “Redemption Date”).

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (the “Fund”) authorized the redemption of all outstanding 5.625% Series A Cumulative Preferred Shares (the “Series A Preferred Shares’). The redemption date will be announced at a later date. The redemption price is $25.00 per Series A Preferred Share, plus an amount equal to any accumulated and unpaid dividends to the redemption date.

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (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 2022.

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (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 October, November, and December 2021.

The Board of Trustees of The Gabelli Utility Trust (NYSEGUT) (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 2021.