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Gabelli Utility Trust (The) (GUT)

5.4500
+0.0200 (0.37%)

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.

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UPDATE - United Kingdom Investment Trusts
GREENWICH, Conn., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Closed-End – David Schachter, Senior Vice President of Gabelli Funds, will travel to the United Kingdom to visit selected investment trusts.
By GAMCO Investors, Inc. · Via GlobeNewswire · January 29, 2025
Discount Doctor to Visit United Kingdom in Support of Investment Trusts
RYE, N.Y., Jan. 28, 2025 (GLOBE NEWSWIRE) -- David Schachter, Senior Vice President of GAMCO Investors, Inc., will visit the United Kingdom to convey support for the British investment trust industry.
By GAMCO Investors, Inc. · Via GlobeNewswire · January 28, 2025
Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
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.
By The Gabelli Utility Trust · Via Business Wire · February 17, 2023
Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
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.
By The Gabelli Utility Trust · Via Business Wire · November 11, 2022
Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
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.
By The Gabelli Utility Trust · Via Business Wire · August 18, 2022
Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
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.
By The Gabelli Utility Trust · Via Business Wire · May 13, 2022
Gabelli Utility Trust Rights Offering Oversubscribed by $68 Million Raising $50 Million
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.
By The Gabelli Utility Trust · Via Business Wire · April 20, 2022
Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
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.
By The Gabelli Utility Trust · Via Business Wire · February 9, 2022
Gabelli Utility Trust to Redeem Its Outstanding 5.625% Series A Cumulative Preferred Shares
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”).
By The Gabelli Utility Trust · Via Business Wire · December 30, 2021
Gabelli Utility Trust to Redeem Its Outstanding 5.625% Series A Cumulative Preferred Shares
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.
By The Gabelli Utility Trust · Via Business Wire · November 17, 2021
Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
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.
By The Gabelli Utility Trust · Via Business Wire · November 12, 2021
Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
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.
By The Gabelli Utility Trust · Via Business Wire · August 19, 2021
Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share
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.
By The Gabelli Utility Trust · Via Business Wire · May 13, 2021
Gabelli Utility Trust Rights Offering Oversubscribed Raising $43 Million
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 7,885,840 common shares, for gross proceeds totaling $43,372,120.
By Gabelli Utility Trust · Via Business Wire · April 15, 2021