Distribution Policy: The Gabelli Utility Trust has approved fixed monthly cash distributions of $0.05 per share for January, February, and March 2026, with ongoing reviews of the distribution levels based on the Fund's performance and market conditions.
Tax Implications: Portions of the distributions may be classified as long-term capital gains or qualified dividend income, subject to federal tax rates, and any excess distributions over earnings may be treated as a return of capital, reducing the shareholder's cost basis.
Investment Performance: The Fund has maintained a monthly distribution to shareholders since October 1999, but the current trading premium over net asset value may not be sustainable, and shareholders should not infer investment performance solely from distribution amounts.
Fund Overview: The Gabelli Utility Trust is a closed-end investment company focused on long-term capital growth and income through investments in utility companies, with total net assets of $332 million, managed by Gabelli Funds, LLC.
The Gabelli Utility Trust (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is long term growth of capital and income. The Fund invests at least 80% of its net assets (plus borrowings made for investment purposes), 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. Under normal circumstances, the Fund invests in securities of issuers located in countries other than the United States and may invest in such foreign securities without limitation. The Fund's portfolio includes equipment and supplies, transportation, diversified industrial, oil, electronics, environmental services, financial services, automotive and specialty chemicals. The Fund's investment adviser is Gabelli Funds, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
