Gabelli Utility Trust (The) (GUT)

Gabelli Utility Trust is an investment trust that primarily focuses on providing shareholders with a high level of current income and long-term capital appreciation through investments in the utility sector

The trust targets a diverse range of utility companies, including those involved in the production and distribution of electricity, natural gas, and water, as well as telecommunications services. By pooling investors' capital, the trust seeks to leverage the expertise of its management team in identifying undervalued utility assets and generating returns for investors, while also adhering to the overarching goal of preserving capital and providing consistent income through dividends.