# The Gabelli Equity Trust Inc. (GAB): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gab for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Passive Index · Inception: 1986-08-14 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... ## Key Facts | Metric | Value | |---|---| | Price | $5.15 | | Expense Ratio | 1.61% | | Assets Under Management | $1.60B | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 11.65% | | Annual Distribution (TTM) | $0.60 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $5.09 – $6.37 | | Beta | 0.75 | ## Latest Distribution - Amount: $0.1500 /share - Ex-date: 2026-09-16 - Pay date: 2026-09-23 ## Frequently Asked Questions ### 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 $1.60B 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. ### Does GAB pay a dividend? The Gabelli Equity Trust Inc. (GAB) currently distributes little or no income. Trailing-twelve-month yield is 11.65%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GAB pay dividends? The Gabelli Equity Trust Inc. pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GAB's dividend yield? GAB's trailing-twelve-month yield is 11.65%, calculated from the sum of dividends over the past year divided by the current price. ### When is GAB's next ex-dividend date? The most recently announced ex-dividend date for GAB was 2026-09-16. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will GAB's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.61% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GAB charge its expense ratio? The expense ratio is deducted in tiny daily slices from GAB's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GAB cost more than a fund like VOO? GAB is a passive index fund (current expense ratio 1.61%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to GAB? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GAB (1.61%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/gab - Distribution history: https://www.dividenddata.com/funds/gab/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gab/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gab/expenses - Peer comparison: https://www.dividenddata.com/funds/gab/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.