Gabelli Equity:GAB

    Manage Alerts

    Overview

    As of 12/7/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$7.37$6.4614.09%
    52 Wk Avg$6.81$6.445.79%
    52 Wk High$7.57$6.9514.68%
    52 Wk Low$6.03$5.690.00%
    Regular Distribution TypeManaged Distribution
    Distribution Rate9.77%
    Distribution Amount$0.1800
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To achieve long-term growth of capital primarily through investment in equity securities, with income being a secondary objective. The Fund will invest at least 80% of its assets in equity securities. The Fund may invest, from time to time, in shares of other investment companies. It may purchase or write call or put options on securities or indices. It may invest up to 10% of its net assets in securities, for which the markets are illiquid. The Fund invests in various industries, including food and beverage, financial services, energy and utilities, telecommunications, healthcare, diversified industrial, consumer products, publishing, entertainment, cable and satellite, hotels and gaming, and equipment and supplies.

    Capital Structure

    As of 12/7/2021

    Total Investment Exposure:$2,145.922M
    Total Common Assets:$1,702.285M
    Common Shares Outstanding:263,511,620
    Leverage

    As of 12/7/2021

    Preferred Share Assets: $443.637M
    Total Debt (USD):
    Regulatory Leverage (USD): $443.637M
    Effective Leverage (USD): $443.637M
    Effective Leverage (%): 20.67%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management Fees0.99%
    Other Expenses:0.49%
    Baseline Expense: N/A
    Interest Expense:0.00%
    Total: 1.48%
    Fund Management

    Fund Sponsor
    Gabelli

    Portfolio Managers
    Zahid Siddique, Ashish Sinha, Hendi Susanto, Gustavo Pifano, Mario J. Gabelli, Ian Lapey

    Basics
    Category: Equity-U.S. Equity
    Ticker: GAB
    NAV Ticker: XGABX
    Average Daily Volume (shares): 634,441
    Average Daily Volume (USD): $4.312M
    Inception Date: 8/21/1986
    Inception Share Price: $10.00
    Inception NAV: $9.35
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 12/7/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2021
    -$0.0044
    Annualized Distribution Rate on NAV:
    As of 12/7/2021
    11.15%
    Total Return on NAV (12 months):
    As of 12/7/2021
    19.05%
    Total % Portfolio Effectively Leveraged:
    As of 12/7/2021
    20.67%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/8/2021

    PeriodAvg Discount
    6 Month4.81%
    1 Year5.79%
    3 Year5.17%
    5 Year2.27%
    Z-Score

    As of 12/7/2021

    PeriodZStat
    3 Month2.55
    6 Month2.92
    1 Year2.87
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2021
    Category: Morningstar US CEF US Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD20.68%13.23%25.78%17.93%
    202016.02%13.25%8.80%9.76%
    201932.17%24.03%32.25%27.32%
    2018-8.70%-10.17%-11.89%-10.13%
    201725.16%24.40%22.72%19.06%
    201615.92%13.66%13.79%12.38%
    2015-8.47%-6.85%-7.45%-6.29%
    2014-7.09%4.25%24.05%7.38%
    201352.54%41.90%37.23%30.01%
    201223.79%19.21%16.19%14.79%
    2011-2.38%-1.45%-2.63%-1.36%
    201024.31%27.93%22.35%18.15%
    200962.98%45.06%50.91%28.82%
    2008-54.68%-49.01%  
    20078.21%7.60%  
    200629.56%28.37%  
    20051.32%5.13%  
    200424.12%20.14%  
    200328.85%41.41%  
    2002-29.60%-20.54%  
    200110.27%-2.53%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2021
    Category: Morningstar US CEF US Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2021
    728
    Annual Portfolio Turnover:
    As of 12/31/2020
    12.60%
    Asset Allocation

    As of 9/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Sensitive (Super Sector)42.13%
    Cyclical (Super Sector)30.15%
    Industrials22.83%
    Defensive (Super Sector)21.13%
    Financial Services14.26%
    Consumer Defensive14.16%
    Communication Services13.88%
    Consumer Cyclical10.68%
    Cash Equivalents (Super Sector)6.44%
    Cash Equivalents6.44%
    Top Holdings

    As of 9/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    United States Treasury Bills 0.04%$92.62M4.11%
    Swedish Match AB$63.65M2.82%
    Mastercard Inc Class A$57.55M2.55%
    American Express Co$49.09M2.18%
    Rollins Inc$47.48M2.10%
    Deere & Co$47.41M2.10%
    Berkshire Hathaway Inc Class A$44.84M1.99%
    AMETEK Inc$44.02M1.95%
    Texas Instruments Inc$36.33M1.61%
    Honeywell International Inc$31.74M1.41%
    Credit Quality

    As of 9/30/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 9/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 9/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity75.85%
    United Kingdom - Equity3.04%
    Sweden - Equity2.99%
    France - Equity2.57%
    Canada - Equity1.56%
    Japan - Equity1.38%
    Switzerland - Equity1.31%
    Mexico - Equity0.99%
    Denmark - Equity0.79%
    Italy - Equity0.58%
    Singapore - Equity0.47%
    Germany - Equity0.45%
    Netherlands - Equity0.45%
    Ireland - Equity0.35%
    Spain - Equity0.10%
    Others - Equity0.09%
    Russia - Equity0.09%
    Chile - Equity0.08%
    United States - Fixed Income0.07%
    Israel - Equity0.06%
    Brazil - Equity0.05%
    China - Equity0.04%
    Greece - Equity0.04%
    Hong Kong - Equity0.03%
    Belgium - Equity0.02%
    Taiwan - Equity0.01%
    South Korea - Equity0.01%
    Poland - Equity0.01%
    Hungary - Equity0.01%
    Austria - Equity0.01%
    Argentina - Equity0.00%
    Finland - Equity0.00%
    Turkey - Equity0.00%
    Australia - Equity0.00%
    Czech Republic - Equity0.00%
    Norway - Equity0.00%
    South Africa - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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