-$0.01 (-0.18%)
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | Mario J. Gabelli |
| Industry | Asset Management |
| Sector | Financial Services |
| Current Symbol | GAB |
| CUSIP | 362397101 |
| CIK | 0000794685 |
| Web | https://www.gabelli.com/Template/fundinfo.cfm?tid=MWY5ZDg=&bid=YjUxNQ==&mid=MjJmMTI=&num=NmVjMTI=&kid=Mzc2MDA=&pid=obj&rid=111-=edoc_dnuf |
| Phone | 914-921-5000 |
| Currency | USD |
| Employees | None |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 0.05 |
| Payout Ratio | 0.54 |
| Current Ratio | 28.92 |
| Quick Ratio | 28.92 |
| Cash Ratio | 0.24 |
Sales & Book Value
| Annual Sales | $191.22M |
| Price / Sales | 11.37 |
| Cash Flow | 0.26 |
| Price / Cash Flow | 21.20 |
| Price / Book | 0.90 |
Price Target and Rating
| Average Stock Price Forecast | $ |
| High Stock Price Forecast | $ |
| Low Stock Price Forecast | $ |
| Forecast Upside/Downside | % |
| Consensus Rating | Buy |
| Rating Score(0-5) | 4 |
| Research Coverage | 0 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $0.93 |
| Trailing P/E Ratio | 6.02 |
| PEG Ratio | 0.11 |
| P/E Growth | 0.11 |
| Net Income | $303.18M |
| Net Margin | 195.76% |
| Pretax Margin | 195.76% |
| Return on Equity | 15.54% |
| Return on Assets | 14.51% |
Financials Score
| AltmanZ Score | 11.52 |
| Piotroski Score | 6.00 |
| Working Capital | 65.5M |
| Total Assets | 2.09B |
| Ebit | 366.64M |
| Market Cap | 1.78B |
| Total Liabilities | 105.42M |
About The Gabelli Equity Trust Inc. (NYSE:GAB) Stock
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 U ... nited States.
Gabelli Equity Trust: Deep Discount In This Value Focused Income Fund
2026-06-29 22:45:37
The Gabelli Equity Trust offers a 10.7% yield, trades at a 4.58% discount to NAV, and targets income-focused investors prioritizing stability. GAB's portfolio emphasizes value equities and minimal tech exposure and relies on net realized gains, which can limit capital appreciation in prolonged rallies. Leverage at 14.7% of assets amplifies both upside and downside risks, especially during market downturns or rising interest rate environments.
10 Best CEFs This Month: Average Yield Of Near 10% (June 2026)
2026-06-27 08:15:00
The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 9.8% plus yield and nearly 7.5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
2026-05-13 10:14:00
RYE, N.Y., May 13, 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 June 23, 2026 to common stock shareholders of record on June 15, 2026.
While Everyone Chases Tech, These 3 Funds Quietly Pay 11%
2026-05-13 09:35:07
Stocks are surging—but they're also developing a case of “bad breadth.” That is, most of the gains are coming from a small slice of the market (I'm looking at you, tech).
This CEF Appears Down From Its 1986 Prices, but It's Hiding a Lovely Secret
2026-04-27 19:43:29
The Gabelli Equity Trust launched in August 1986 with an initial NAV of $9.34. Today, shares trade near $5.57.
Gabelli Equity Trust pays 9.5% yield while founder quietly buys millions in shares
2026-04-27 11:53:02
Gabelli Equity Trust (NYSE:GAB) has quietly become one of the most beloved income vehicles among retail investors, and the math behind that loyalty is straightforward: a 9.5% annualized yield paid quarterly, a founder who keeps buying shares with his own money, and a recent rights offering oversubscribed by more than $117 million.
Gabelli Equity Trust Rights Offering Oversubscribed by $117 Million Raising $155 Million
2026-04-22 08:00:00
RYE, N.Y., April 22, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE: GAB) (the “Fund”) is pleased to announce the completion of its transferable rights offering (the “Offering” or “Offer”) in which more than 31.1 million common shares will be issued, resulting in gross proceeds to the Fund of approximately $155 million. Pursuant to the Offer, the Fund issued one transferable right (a “Right”) for each common share of the Fund held by shareholders of record (“record date shareholders”) as of March 2, 2026.
Why Income Investors Love GAB's Dividend (And Why They Shouldn't)
2026-04-17 06:12:05
Gabelli Equity Trust (NYSE:GAB) has paid a steady $0.15 quarterly dividend for years, which at a recent share price of roughly $5.7 translates to an annualized yield near 10.6%.
Frequently Asked Questions
What is the current The Gabelli Equity Trust Inc. (GAB) stock price?
The Gabelli Equity Trust Inc.(NYSE:GAB) stock price is $5.66 in the last trading session. During the trading session, GAB stock reached the peak price of $6.30693 while $5.28 was the lowest point it dropped to. The percentage change in GAB stock occurred in the recent session was --0.18% while the dollar amount for the price change in GAB stock was -$-0.01.
GAB's industry and sector of operation?
The NYSE listed GAB is part of Asset Management industry that operates in the broader Financial Services sector.
Who are the executives of GAB?
Molly Marion
| Vice President
Douglas Richard Jamieson
| President of GAMCO and Chief Operating Officer of GAMCO
Carter W. Austin
| Senior Vice President
Christopher J. Marangi
| Portfolio Manager
Daniel Miller
| Portfolio Manager
How many employees does GAB have?
Number of GAB employees currently stands at None. GAB operates from One Corporate Center, Rye, NY 10580-1422, US.
Link for GAB official website?
How do I contact GAB?
GAB could be contacted at phone #914-921-5000 and can also be accessed through its website. GAB operates from One Corporate Center, Rye, NY 10580-1422, US.
How many shares of GAB are traded daily?
The average number of GAB shares traded daily for last 3 months was 1.16M.
What is the market cap of GAB currently?
The market value of GAB currently stands at $1.76B with its latest stock price at $5.66