GAB — Gabelli Equity Trust Inc · catalysts, narrative & risks

Overview

Gabelli Equity Trust Inc. (NYSE: GAB) is a non-diversified, closed-end management investment company, organized in 1986 and managed by Gabelli Funds, LLC, an affiliate of GAMCO Investors. Its primary objective is long-term capital growth with income as a secondary objective; under normal conditions the fund invests at least 80% of assets in equity securities using a value-oriented, bottom-up approach. Mario J. Gabelli serves as chairman and CEO of the adviser's broader organization. [10] [11] [14]