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Gabelli Utility Trust, Inc. (The)
Ticker Symbol: GUT CUSIP: 36240A101 Exchange: NYSE
Company's Online Profile
FUND DESCRIPTION: The Gabelli Utility Trust is an exchange-traded closed-end fund or a closed-end ETF which is officially described in its prospectus as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Fund's primary investment objectives are long-term growth of capital and income. FUND STRATEGY: The Fund will invest primarily in common stock and other securities of foreign and domestic companies involved to a substantial extent in providing products, services or equipment for the generation or distribution of electricity, gas and water and the provision of telecommunications services or infrastructure operations, such as airports, toll roads and municipal services. The Fund will attempt to achieve its objectives by investing, under normal market conditions, at least 65% of its total assets in common stock and other securities of foreign and domestic companies in the utility industry. Such industry is generally associated with electric, gas, gas pipeline, telephone, telecommunications, water, cable, airport, seaport, toll road, water disposal and other municipal services companies. It is anticipated that the Utility Fund will invest primarily in equity securities of companies in the utility industry. However, the Utility Fund may also invest in preferred stocks and debt securities of any quality and any maturity of such companies when it appears that the Utility Fund will be better able to achieve its investment objective through investments in such securities or when the Utility Fund is temporarily in a defensive position. The remaining 35% of its assets may be invested in other securities, including stocks, debt obligations and money market instruments, as well as certain derivative instruments in the utility industry or other industries. Moreover, should extraordinary conditions affecting such sectors or securities markets as a whole warrant, the Utility Fund may temporarily be primarily invested in money market instruments. FUND MANAGEMENT: Gabelli Funds, LLC serves as investment adviser to the Fund.
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Find All Related Securities for GUT
IPO - 6/29/1999 -
Link to IPO Prospectus
Small Cap Stock -
Market Value $282.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: One Corporate Center, Rye, NY 10580 |
| Main Phone Number |
914-921-5100 |
| Fax Number |
914-921-5392 |
| Shareholder Services
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800-336-6983
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| Toll Free Phone Number |
800-422-3554 |
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