NYSE:GUT

Gabelli Utility Trust (the) Stock News

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$6.31
+0.0300 (+0.478%)
At Close: Jun 18, 2026

GUT: 2024 Rights Offering Underway

07:30am, Monday, 30'th Sep 2024
The Gabelli Utility Trust's 1-for-5 rights offering allows shareholders to buy additional shares at $5 each, expiring October 21, 2024. GUT trades at a 72.52% premium to NAV, making the rights valuabl
RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distrib
RYE, N.Y., Aug. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE: GUT) (the “Fund”) has approved a transferable rights offering which will allow the Fund's rec
Gabelli Utility Trust is a closed-end fund offering high income with equity exposure, focusing on the utility sector for inflation protection. The GUT closed-end fund yields 9.95%, outperforming peer
Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisi
RYE, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distribu
GUT: Destructive Return Of Capital Distributions Makes It Hard To Recommend This Expensive CEF
Vanilla investors are freaking out that Jerome Powell & Co. won't cut rates right away.
RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distrib
Gabelli Utility Trust trades at an 87% premium to net asset value, despite lagging behind the Vanguard Utilities Index Fund ETF Shares. The GUT closed-end fund's high premium is attributed to its attr

GUT: The Premium That Refuses To Die

07:54am, Thursday, 14'th Dec 2023
The utilities sector faced a tough year in 2023, contrary to its usual defensive nature during economic downturns. GUT displays an extremely high premium to its net asset value (NAV), currently at 109
19 out of 22 CEF sectors are positive on price, and 21 out of 22 sectors are positive on NAV. KYN/KMF merger completes. NXG Cushing Midstream Energy Fund rights offering begins.
RYE, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distrib

GUT: Down 25%, Still A Strong Sell

11:34am, Sunday, 08'th Oct 2023
GUT has suffered losses of over 25% these past few days. Losses were due to general market weakness and an excessively elevated premium. Premiums remain excessive, however. A look at the fund's premiu
Closed-end funds with high distribution rates and elevated premiums may be setting investors up for significant losses. Guggenheim Strategic Opportunities Fund (GOF) and Gabelli Utility Trust (GUT) ar
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