Gabelli Global Utility & Income:GLU

    Manage Alerts

    Overview

    As of 1/21/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$19.57$20.68-5.37%
    52 Wk Avg$18.46$19.72-6.40%
    52 Wk High$20.04$20.73-2.96%
    52 Wk Low$17.39$18.60-9.68%
    Regular Distribution TypeManaged Distribution
    Distribution Rate6.13%
    Distribution Amount$0.1000
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Funds investment objective is to seek a consist level of after-tax total return. The Fund will invest equity securities of domestic and foreign companies involved in the Utilities Industry. Under normal market conditions, at least 80% of the Funds assets will consist of equity securities of domestic and foreign companies involved to a substantial extent in the utilities industry. In making stock selections, the Funds investment adviser looks for companies that have proven dividend records and sound financial structures.

    Capital Structure

    As of 1/21/2020

    Total Investment Exposure:$175.651M
    Total Common Assets:$111.038M
    Common Shares Outstanding:5,369,326
    Leverage

    As of 12/31/2018

    Preferred Share Assets: $64.613M
    Total Debt (USD):
    Regulatory Leverage (USD): $64.613M
    Effective Leverage (USD): $64.613M
    Effective Leverage (%): 36.78%
    Annual Expense Ratios

    As of 12/31/2019

      Per Common Share
    Management Fees0.49%
    Other Expenses:0.83%
    Baseline Expense: N/A
    Interest Expense:0.01%
    Total: 1.33%
    Fund Management

    Fund Sponsor
    Gabelli

    Portfolio Managers
    Mario J. Gabelli

    Basics
    Category: Equity-Sector Equity
    Ticker: GLU
    NAV Ticker: XGLUX
    Average Daily Volume (shares): 14,238
    Average Daily Volume (USD): $0.262M
    Inception Date: 5/25/2004
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 1/21/2020

    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 6/30/2019
    -$0.1007
    Annualized Distribution Rate on NAV:
    As of 1/21/2020
    5.80%
    Total Return on NAV (12 months):
    As of 1/21/2020
    15.84%
    Total % Portfolio Effectively Leveraged:
    As of 1/21/2020
    36.78%

    Pricing Information

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

    As of 1/22/2020

    PeriodAvg Discount
    6 Month-5.63%
    1 Year-6.40%
    3 Year-8.17%
    5 Year-10.82%
    Z-Score

    As of 1/21/2020

    PeriodZStat
    3 Month0.35
    6 Month0.25
    1 Year0.77
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 1/21/2020
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD25.23%15.84%26.97%22.79%
    201925.23%15.84%27.00%22.81%
    2018-19.49%-11.46%-12.66%-10.55%
    201734.90%19.59%18.58%13.02%
    20168.42%7.53%17.45%14.67%
    2015-8.58%-5.52%-15.98%-12.75%
    20143.15%3.53%5.16%4.65%
    20131.75%15.68%16.34%17.44%
    20125.28%5.42%12.53%11.75%
    20119.16%6.39%-1.05%0.79%
    201012.00%9.62%20.02%17.83%
    200931.45%14.92%50.36%35.04%
    2008-26.26%-23.23%-42.07%-39.30%
    200710.94%10.39%  
    200632.91%26.66%  
    2005-2.36%4.20%  
    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 1/21/2020
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2019
    255
    Annual Portfolio Turnover:
    As of 12/31/2019
    12.80%
    Asset Allocation

    As of 9/30/2019 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2019 reported by Fund Sponsor

    Sector%Portfolio
    Defensive (Super Sector)38.48%
    Utilities30.14%
    Sensitive (Super Sector)29.92%
    Cash Equivalents (Super Sector)19.12%
    Cash Equivalents19.12%
    Communication Services15.61%
    Cyclical (Super Sector)10.93%
    Industrials6.96%
    Consumer Cyclical5.62%
    Consumer Defensive5.44%
    Top Holdings

    As of 9/30/2019 reported by Fund Sponsor

    HoldingValue% Portfolio
    United States Treasury Bills 2.05%$19.21M11.32%
    United States Treasury Bills 1.79%$4.72M2.78%
    Sony Corp ADR$2.84M1.67%
    National Fuel Gas Co$2.82M1.66%
    Severn Trent PLC$2.61M1.54%
    American Electric Power Co Inc$2.58M1.52%
    United States Treasury Bills 1.89%$2.58M1.52%
    United States Treasury Bills 2.18%$2.55M1.50%
    WEC Energy Group Inc$2.28M1.34%
    Verizon Communications Inc$2.23M1.32%
    Credit Quality

    As of 9/30/2019 reported by Fund Sponsor

    Maturity Breakdown

    As of 9/30/2019 reported by Fund Sponsor

    Country Allocation

    As of 9/30/2019 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity40.81%
    United Kingdom - Equity9.06%
    Canada - Equity5.63%
    Switzerland - Equity3.97%
    Japan - Equity2.74%
    France - Equity2.70%
    Italy - Equity2.25%
    Spain - Equity2.03%
    Netherlands - Equity1.34%
    Sweden - Equity1.26%
    Colombia - Equity1.12%
    Hong Kong - Equity1.12%
    Germany - Equity0.83%
    Belgium - Equity0.75%
    Russia - Equity0.72%
    Mexico - Equity0.60%
    United States - Fixed Income0.58%
    Austria - Equity0.36%
    Singapore - Equity0.36%
    China - Equity0.35%
    South Korea - Equity0.30%
    Denmark - Equity0.25%
    Portugal - Equity0.23%
    Chile - Equity0.22%
    South Africa - Equity0.18%
    Brazil - Equity0.18%
    Turkey - Equity0.07%
    Finland - Equity0.05%
    Others - Equity0.03%

    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.

    EWB-1014244PR-E1119W