Latest News for GAB

Shareholders Received Total Return of 27.32% in 2025 Reaffirms 10% Distribution Policy of $0.60 Per Share Annually Announces Rights Offering for Common Shares RYE, N.Y., Feb. 17, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust (NYSE: GAB) (the “Fund”) reaffirmed the Fund's distribution policy of paying $0.60 per share annually, and has approved a transferable rights offering which will…

RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on March 24, 2026 to common stock shareholders of record on March 17, 2026.

GAB's preferred shares carry an A1 Moody's rating, offer ~6% current yields, trade below par, and pay 100% qualified dividends. Low leverage (~16%) and 1940 Act asset coverage requirements provide substantial protection even in severe market stress scenarios. The fund's scale may provide diversification and liquidity advantages for shareholders.

Under Armour, W.R. Berkley, and Gabelli Healthcare and WellnessRx Trust have seen some huge insider purchases, and there were some other notable insider purchases as well..

Gabelli Equity Trust Inc. (NYSE: GAB - Get Free Report) shares crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $6.08 and traded as high as $6.17. Gabelli Equity Trust shares last traded at $6.1350, with a volume of 410,811 shares traded. Gabelli Equity
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