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Sentiment and valuations improving, with average discounts over 1% narrower than last month. However, CEF discounts are still wider than average, which is a buy
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 cash distributions. The Board of Tru
The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American:GLU) (the “Fund”) approved the continuation of its policy of pay

Bear Market Thoughts: Distribution Cuts

09:41pm, Friday, 24'th Apr 2020
The fund sponsor can play a role in forecasting who will cut first. Though it isn't a guarantee on what exactly the distribution cuts will amount to. Each crisi
Carbon emissions from energy flattened last year following two years of increases, even as the world economy expanded by 2.9%, according to a new report from the International Energy Agency.The IEA s
The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE MKT:GLU) (the “Fund”) reset the annual dividend rate to 4.00% or $2.00 per share for the Series B Preferred Shares, effecti
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