The Gabelli Utility Trust (GUT) NYSE
Currency In USD
- General
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- Historical Data
- Profile
- Financials
The Gabelli Utility Trust
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
July 12, 1999
Key Executives
| Name | Title | Pay | Year Born |
| David I. Schachter | Vice President | 80,000 | 1953 |
| Timothy Michael Winter | Portfolio Manager | 0 | N/A |
| Justin Laurence Bergner | Portfolio Manager | 0 | N/A |
| John Chester Ball | President, Treasurer, Principal Financial & Accounting Officer | 0 | 1976 |
| Mario Joseph Gabelli | Chairman, Chief Investment Officer & Portfolio Manager | 0 | 1942 |
| Bruce N. Alpert | Executive Vice President & Chief Operating Officer | 0 | 1952 |
| Tze-Kiang Wong | Portfolio Manager | 0 | N/A |
Description
Operating as a closed-end equity fund, The Gabelli Utility Trust was initially established by GAMCO Investors, Inc., with its management overseen by Gabelli Funds, LLC. This fund primarily allocates capital to publicly traded companies across global markets, focusing specifically on businesses involved in delivering products, services, or vital equipment for the generation or distribution of essential utilities such as electricity, gas, and water, alongside telecommunications services and broader infrastructure operations. It seeks investment opportunities in companies regardless of their market capitalization. To measure its performance, the fund benchmarks its portfolio against the S&P 500 Utilities Index, the Lipper Utility Fund Average, and the S&P 500 Index. The Gabelli Utility Trust commenced operations on July 9, 1999, and is legally based in the United States.
