The Gabelli Equity Trust Inc. (GAB-PK) 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-PK has IPO date of 2019-12-12, listed on the NYSE, a market capitalization of $6.39B.
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 diverse sectors and market capitalizations, while also holding preferred stocks, convertible securities, warrants, and rights. It employs a fundamental, bottom-up stock picking approach to construct its portfolio and measures performance against major indices including the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite. Established in August 1986 and domiciled in the United States, the fund seeks long-term capital appreciation through disciplined equity selection.
