Gabelli Utility Trust:GUT

    Manage Alerts

    Overview

    As of 7/12/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$6.15$2.94109.18%
    52 Wk Avg$5.92$2.90104.24%
    52 Wk High$7.17$3.34126.82%
    52 Wk Low$4.60$2.6679.26%
    Regular Distribution TypeIncome Only
    Distribution Rate9.76%
    Distribution Amount$0.0500
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is long term growth of capital and income. The Fund will invest at least 80% of its net assets, under normal market conditions, in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, and water and telecommunications services or infrastructure operations. A company will be considered to be in the Utility Industry if it derives at least 50% of its revenues or earnings from, or devotes at least 50% of its assets to, the indicated activities or utility-related activities.

    Capital Structure

    As of 7/12/2024

    Total Investment Exposure:$290.779M
    Total Common Assets:$220.918M
    Common Shares Outstanding:75,142,210
    Leverage

    As of 7/12/2024

    Preferred Share Assets: $49.384M
    Total Debt (USD): $20.477M
    Regulatory Leverage (USD): $69.861M
    Effective Leverage (USD): $69.861M
    Effective Leverage (%): 24.03%
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees1.00%
    Other Expenses:0.78%
    Baseline Expense: N/A
    Interest Expense:0.08%
    Total: 1.86%
    Fund Management

    Fund Sponsor
    Gabelli

    Portfolio Managers
    Justin Bergner, Timothy M. Winter, Simon Wong, Mario J. Gabelli

    Basics
    Category: Equity-Sector Equity
    Ticker: GUT
    NAV Ticker: XGUTX
    Average Daily Volume (shares): 158,957
    Average Daily Volume (USD): $0.920M
    Inception Date: 7/9/1999
    Inception Share Price: $7.50
    Inception NAV: $7.50
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 7/12/2024

    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 12/31/2023
    $0.0180
    Annualized Distribution Rate on NAV:
    As of 7/12/2024
    20.41%
    Total Return on NAV (12 months):
    As of 7/12/2024
    5.10%
    Total % Portfolio Effectively Leveraged:
    As of 7/12/2024
    24.03%

    Pricing Information

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

    As of 7/12/2024

    PeriodAvg Discount
    6 Month100.45%
    1 Year104.24%
    3 Year96.23%
    5 Year86.52%
    Z-Score

    As of 7/12/2024

    PeriodZStat
    3 Month0.37
    6 Month0.99
    1 Year0.43
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2024
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD15.49%5.51%10.18%6.17%
    2023-20.73%-3.06%4.81%6.23%
    2022-0.64%-2.21%-10.73%-7.15%
    20219.95%21.61%22.39%17.58%
    202013.81%-6.60%5.15%5.71%
    201942.98%23.21%26.64%22.38%
    2018-5.57%-4.63%-12.35%-9.96%
    201723.53%9.28%18.18%12.88%
    201622.10%18.62%17.45%14.67%
    2015-14.20%-7.12%-15.98%-12.75%
    201425.45%13.87%5.16%4.65%
    201314.17%20.99%16.34%17.44%
    2012-14.29%7.43%12.53%11.75%
    201133.75%19.16%  
    2010-20.96%18.14%  
    200969.46%19.46%  
    2008-32.00%-30.34%  
    20073.42%9.04%  
    200616.53%29.35%  
    20057.77%8.03%  
    200416.82%18.02%  
    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 6/30/2024
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 3/31/2024
    214
    Annual Portfolio Turnover:
    As of 12/31/2023
    2.00%
    Asset Allocation

    As of 3/31/2024

    Top Sectors

    As of 3/31/2024

    Sector%Portfolio
    Utilities63.89%
    Defensive (Super Sector)63.89%
    Sensitive (Super Sector)27.88%
    Energy11.15%
    Communication Services10.00%
    Government (Super Sector)7.83%
    Government7.83%
    Industrials5.87%
    Technology0.87%
    Cyclical (Super Sector)0.38%
    Top Holdings

    As of 3/31/2024

    HoldingValue% Portfolio
    NextEra Energy Inc$12.15M4.23%
    United States Treasury Bills 5.30007%$11.42M3.97%
    ONEOK Inc$11.38M3.96%
    Southwest Gas Holdings Inc$10.23M3.56%
    WEC Energy Group Inc$10.07M3.50%
    Xcel Energy Inc$7.57M2.63%
    Eversource Energy$7.53M2.62%
    Evergy Inc$7.39M2.57%
    Duke Energy Corp$6.98M2.43%
    United States Treasury Bills 5.29291%$6.19M2.15%
    Credit Quality

    As of 3/31/2024

    Maturity Breakdown

    As of 3/31/2024

    Country Allocation

    As of 3/31/2024

    Country% Portfolio
    United States - Equity73.39%
    United Kingdom - Equity6.16%
    Canada - Equity3.32%
    Japan - Equity2.22%
    Italy - Equity1.61%
    Germany - Equity1.43%
    Spain - Equity1.08%
    Belgium - Equity0.83%
    France - Equity0.67%
    Switzerland - Equity0.46%
    Austria - Equity0.28%
    United States - Fixed Income0.17%
    Peru - Equity0.17%
    South Korea - Equity0.12%
    Turkey - Equity0.11%
    Pakistan - Equity0.08%
    Denmark - Equity0.07%
    Sweden - Equity0.07%
    China - Equity0.05%
    Mexico - Equity0.03%
    Portugal - Equity0.01%
    Indonesia - Equity0.00%
    Others - Equity0.00%
    Hong Kong - 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. 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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