Gabelli Global Utility & Income Trust Stock News

The utility sector has long been a favorite of conservative investors due to its overall stability and high yields. The market mania has driven down yields, but Gabelli Global Utility & Income Trust i

GLU invests in utilities and other defensive income-producing securities. GLU pays a forward yield of 7.8%. However, the yield has been funded by liquidating NAV, as GLU does not earn sufficient retur

Utilities have long been a favorite asset among conservative investors looking for stable income. Closed-end fund GLU invests in utilities and other dividend-paying companies that have similar charact

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

GLU's rights offering has concluded. A higher than expected number of rights holders subscribed.

GLU's rights offering is now live. Rights are discounted versus their intrinsic value, possibly arbitrage opportunity.

GDV: Looking Cheaper Than Usual, Steady Monthly Pay

There were a total of 7 closed-end funds that have never cut their distributions with inceptions before 2008/09's GFC. We will see the loss of one of those names with PKO set to merge with PDI.

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) approved the continuation of its policy of paying fixed monthly cas

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) approved the continuation of its policy of paying fixed monthly cas

GLU has a 5.95% current yield, generous but is it sustainable? I continue a series where I examine CEFs beyond the yield with a look at GLU, another fund managed by Gabelli.

Not all funds were forced to cut distributions during market panics. Today's list is of funds that have been paying the same or more regular distribution for a long time.

Utilities can offer conservative investors an attractive way to generate income due to their comparatively high yields and stable cash flows. The low interest rate environment has made it nearly impos

CEF discounts remain significantly wider than their historical average, indicating attractive valuations.

4 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. Preferreds have the highest sector