The Gabelli Equity Trust Inc. (GAB-PK) NYSE

20.10

+0.08(+0.40%)

Updated at June 02 03:52PM

Currency In USD

The Gabelli Equity Trust Inc.

Address

One Corporate Center

Rye, NY 10580-1422

United States of America (the)

Phone

914-921-5000

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

December 12, 2019

Key Executives

NameTitlePayYear Born
Carter W. AustinSenior Vice President60,0001966
David I. SchachterVice President80,0001953
Molly MarionVice President80,0001954
Daniel MillerPortfolio Manager01981
Kevin V. DreyerPortfolio Manager0N/A
Mario Joseph GabelliPortfolio Manager01942
Jennie TsaiPortfolio Manager0N/A
Douglas Richard JamiesonPresident of GAMCO and Chief Operating Officer of GAMCO01954
Bruce N. AlpertPrincipal Executive Officer, President and Chief Operating Officer of Gabelli Funds Llc01952
Christopher J. MarangiPortfolio Manager01974
Robert Douglas LeiningerPortfolio Manager0N/A

Description

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.