The Gabelli Equity Trust Inc. (GAB-PH) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Rye, NY, United States. The current CEO is Carter W. Austin.
GAB-PH has IPO date of 2012-09-26, listed on the NYSE, a market capitalization of $6.27B.
The Gabelli Equity Trust Inc. is a closed-end equity mutual fund launched by GAMCO Investors, Inc. and managed by Gabelli Funds, LLC. The fund invests primarily in U.S. public equity markets, focusing on value stocks across diversified sectors and various market capitalizations. In addition to common stocks, the fund may invest in preferred stocks, convertible or exchangeable securities, warrants, and rights. It employs fundamental analysis with a bottom-up stock picking approach to construct its portfolio and benchmarks its performance against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The fund was established in August 1986 and is domiciled in the United States.
