Gabelli Equity Trust:GAB

    Overview

    As of 4/25/2018

     Share
    Price    		NAVPremium/
    Discount
    Current$6.12$6.27-2.39%
    52 Wk Avg$6.25$6.40-2.37%
    52 Wk High$6.64$6.941.25%
    52 Wk Low$5.99$6.06-7.24%
    Regular Distribution Type†Managed Distribution
    Distribution Rate9.80%
    Distribution Amount$0.1500
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks long term capital growth with current income through investment in equity securities

    Capital Structure

    As of 4/25/2018

    Total Net Assets:$1,993.659M
    Total Common Assets:$1,580.745M
    Common Shares Outstanding:252,112,464
    Leverage

    As of 6/30/2017

    Preferred Share Assets: $413.000M
    Type of Preferred: Cumulative Preferred Shares
    Total Debt (USD):
    Structural Leverage (USD): $413.000M
    Structural Leverage (%): 21.99%
    Effective Leverage (USD): $413.000M
    Effective Leverage (%): 21.99%
    Annual Expense Ratios

    As of 12/31/2017

      Per Common Share
    Management Fees0.99%
    Other Expenses:0.09%
    Baseline Expense: 1.08%
    Interest Expense:0.00%
    Total: 1.08%
    Fund Management

    Fund Sponsor
    Gabelli Funds Inc

    Portfolio Managers
    Mario J Gabelli (21 Aug 1986) / Zahid Siddique (23 Aug 2010)

    Basics
    Category: US Equity-General Equity
    Ticker: GAB
    NAV Ticker: XGABX
    Average Daily Volume (shares): 393,000
    Average Daily Volume (USD): $2.439M
    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 4/25/2018

    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.

     to
    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 12/31/2017    		 -$0.0048
    Annualized Distribution Rate on NAV:
    As of 4/25/2018    		9.57%
    Total Return on NAV (12 months):
    As of 4/25/2018    		10.47%
    Avg. UNII Per Share:
    As of 12/31/2017    		 -$0.0038
    Total % Portfolio Effectively Leveraged:
    As of 4/25/2018     		21.99%

    Pricing Information

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

    As of 4/25/2018

    PeriodAvg Discount
    6 Month-4.21%
    1 Year-2.37%
    3 Year-4.50%
    5 Year-1.88%
    Z-Score

    As of 4/26/2018

    PeriodZStat
    3 Month1.10
    6 Month1.50
    1 Year0.00
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 4/25/2018
    Category: US General Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD1.24%-0.84%0.70%-0.17%
    201723.75%21.76%27.40%20.96%
    201615.92%13.66%13.90%13.38%
    2015-8.47%-6.85%-4.80%-4.36%
    2014-7.00%4.25%6.71%7.76%
    201352.66%41.90%33.34%29.39%
    201223.81%19.10%16.87%14.60%
    2011-2.40%-1.36%-4.21%-2.93%
    201024.31%27.93%21.08%19.95%
    200963.83%45.06%39.07%32.71%
    2008-54.59%-49.01%-45.35%-41.23%
    20078.30%7.46%1.89%5.34%
    200629.54%28.52%19.04%15.25%
    20051.34%5.15%  
    200424.60%20.14%  
    200330.18%41.41%  
    2002-28.04%-20.54%  
    200111.60%-2.53%  
    20002.10%-4.64%  
    199920.64%22.60%  
    19989.32%9.88%  
    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 4/25/2018
    Category: US General Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 12/31/2017    		452
    Annual Portfolio Turnover:
    As of 12/31/2017    		12.70%
    Asset Allocation

    As of 9/30/2015 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2017 reported by Fund Sponsor

    Sector%Portfolio
    Food & Beverage 11.80%
    Financial Services 9.60%
    Entertainment 7.30%
    Equipment & Supplies 5.60%
    Diversified Industrial 4.90%
    Top Holdings

    As of 12/31/2017 reported by Fund Sponsor

    HoldingValue% Portfolio
    US Treasury Bill 01 Feb 2018$88.41M4.33%
    Rollins, Inc.$63.42M3.10%
    Honeywell International, Inc.$48.00M2.35%
    MasterCard Incorporated A$40.41M1.98%
    US Treasury Bill 04 Jan 2018$36.87M1.80%
    American Express Co$35.95M1.76%
    US Treasury Bill 02 Jan 2018$35.00M1.71%
    Berkshire Hathaway Inc A$33.93M1.66%
    Swedish Match AB$32.11M1.57%
    Curtiss-Wright Corporation$29.89M1.46%
    Ametek, Inc.$29.93M1.46%
    Country Allocation

    As of 9/30/2015 reported by Fund Sponsor

    Country% Portfolio
    North America Region 82.55%
    European Developed 13.36%
    Latin America Region 2.50%
    Japan 1.56%
    Asia exc Japan 0.04%

    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.

    Data Provided by Morningstar
    Interactive Charts by Morningstar
    View Morningstar Notice and Disclaimer