Gabelli Utility Trust (The) Stock News

BlackRock Inc. cut its position in shares of Akorn, Inc. (NASDAQ:AKRX) by 2.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutio

Shares of GDL Fund (NYSE:GDL) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $8.67 and traded as high as $8.70. GDL Fund

The rebound continues, with 23 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. VAM will be merged into FINS this wee

2020 is turning out to be quite the volatile year, a type of volatility we have not seen since 2008. Most CEF sectors, along with most of the market, is showing

Sharp moves in asset prices have shined the light on the behavior of leveraged equity CEFs that have issued senior securities like preferred stock. In times of

1 out of 23 CEF sectors positive on price and 8 out of 23 sectors positive on NAV last week. A little bit of alpha available from MNE and SRF/SRV mergers. GER/G

The GDL Fund (NYSE:GDL) (the “Fund”) announced that it will host the 2020 Annual Meeting of Shareholders (the “Annual Meeting”) as a virtual meeting o

We remain bullish on equities for the medium and long term due to excess money supply. However, volatility is likely to continue in the shorter term, or at leas

The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the "Fund") approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distr

The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) declared a $0.12 per share cash distribution

14 out of 23 CEF sectors positive on price and 19 out of 23 sectors positive on NAV last week. EDF and EDI announce a drastic distribution cut, as we expected.

Gabelli Funds, LLC announces that, due to the public health impact of the COVID-19 pandemic and to support the health and well-being of its Funds’ sha

Electricity demand in the U.S. last week sank to a 17-year low as businesses closed and travel was restricted to try to slow the spread of the coronavirus, according to the Edison Electric Institute t

Nuclear power plants are now able to require longer shifts for their workers and delay some inspections, the Nuclear Regulatory Commission says, as operators cope with fewer available workers and soci

This is an update from a prior piece looking at two funds from the These 5 Names Never Cut Distributions With Inception Pre-2008. The two funds are poised to ma