The Gabelli Global Utility & Income Trust (GLU) NYSE

17.97

-0.0793(-0.44%)

Updated at September 30 02:48PM

Currency In USD

The Gabelli Global Utility & Income Trust

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

May 26, 2004

Key Executives

NameTitlePayYear Born
Mr. David I. SchachterVice President, Ombudsman & VP of Gabelli Asset Management Company75,0001953
Mr. Adam E. TokarVice President & Ombudsman01980
Mr. Richard John WalzChief Compliance Officer01959
Mr. John Chester BallPresident, Treasurer & Principal Financial and Accounting Officer01976
Mr. Mario Joseph Gabelli C.F.A.Portfolio Manager of The Gabelli Utility Trust01942

Description

The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends. The fund also invests in income producing securities such as governments. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Global Utility & Income Trust was formed on May 28, 2004 and is based in United States.