The Gabelli Equity Trust Inc.

Frequently Asked Questions About GAB

What does GAB invest in?

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.

What is the expense ratio of GAB?

The Gabelli Equity Trust Inc. (GAB) charges an expense ratio of 1.61%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GAB?

The Gabelli Equity Trust Inc. (GAB) manages $1.74B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is GAB actively managed or an index fund?

GAB is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (GAB's is 1.61%) because there's no security selection cost.

When was GAB launched?

The Gabelli Equity Trust Inc. (GAB) launched in August 1986 and is managed by the fund issuer.

How has GAB performed?

GAB's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.