# The Gabelli Dividend & Income Trust (GDV): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gdv 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: 2003-11-25 The Gabelli Dividend & Income Trust 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 primarily invests in dividend paying stocks of companies. The fund seeks to benchmarks the performance of its portfolio against a combination of the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. Gabelli Dividend & Income Trust was formed on November 28, 2003 and is domicil... ## Key Facts | Metric | Value | |---|---| | Price | $28.48 | | Expense Ratio | 1.83% | | Assets Under Management | $2.47B | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 6.25% | | Annual Distribution (TTM) | $1.78 /share | | Distribution Frequency | Monthly | | 52-Week Range | $26.14 – $31.00 | | Beta | 1.01 | ## Latest Distribution - Amount: $0.1500 /share - Ex-date: 2026-12-11 - Pay date: 2026-12-18 ## Frequently Asked Questions ### What does GDV invest in? The Gabelli Dividend & Income Trust 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 primarily invests in dividend paying stocks of companies. The fund seeks to benchmarks the performance of its portfolio against a combination of the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. Gabelli Dividend & Income Trust was formed on November 28, 2003 and is domiciled in the United States. ### What is the expense ratio of GDV? The Gabelli Dividend & Income Trust (GDV) charges an expense ratio of 1.83%. This is the annual fee deducted from fund assets to cover management and operations. ### What is GDV's dividend yield? GDV's trailing-twelve-month yield is 6.25%, calculated from the sum of dividends over the past year divided by the current price. ### How big is GDV? The Gabelli Dividend & Income Trust (GDV) manages $2.47B 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 GDV actively managed or an index fund? GDV 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 (GDV's is 1.83%) because there's no security selection cost. ### When was GDV launched? The Gabelli Dividend & Income Trust (GDV) launched in November 2003 and is managed by the fund issuer. ### Does GDV pay a dividend? Yes, The Gabelli Dividend & Income Trust (GDV) distributes dividends to shareholders. The trailing-twelve-month yield is 6.25%. Full dividend history is on this page. ### How often does GDV pay dividends? The Gabelli Dividend & Income Trust pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is GDV's next ex-dividend date? The most recently announced ex-dividend date for GDV was 2026-12-11. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will GDV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.83% 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 GDV charge its expense ratio? The expense ratio is deducted in tiny daily slices from GDV'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 GDV cost more than a fund like VOO? GDV is a passive index fund (current expense ratio 1.83%). 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 GDV? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GDV (1.83%) 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/gdv - Distribution history: https://www.dividenddata.com/funds/gdv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gdv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gdv/expenses - Peer comparison: https://www.dividenddata.com/funds/gdv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.