CEF Advisors AICA Event NAVigator Podcast

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Go to AICA CEF/BDC Screener Learn More @ www.AICalliance.org

Gabelli Equity Trust (GAB)

U.S. Equity Funds - General Equity Funds

Data as of Aug. 18, 2022
Current
Market Price $6.43 (- $0.07)
NAV (Aug. 18, 2022) $5.59 (+ $0.01)
Fund Listed NYSE
Premium / Discount 15.03% (-1.46%)
Fund Info
Inception Aug. 21, 1986
Sponsor Gabelli Funds
Website https://www.gabelli.co...
Phone 800-422-3554
NAV Symbol XGABX
Location New York
Incorporated Maryland
Staggered Board Yes
Objective: Long term growth of capital, with income by investing in undervalued companies with greater than average potential for growth.
Related Indexes
15 Major CEF Sectors Index
Global Equity Index
60/40 Balanced (w/ BDCs) Index
Premium CEF/BDC Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 291,796,036
Total Assets (Reported: Dec. 31, 2021) $2,387M
Estimated Total Assets $2,118M
Net Assets $1,631M
Market Cap $1,876M
Portfolio Turnover 12.00%
Total Leverage 23.00%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.50%
Non Lev Exp Ratio 1.37%
Rel Lev Cost 0.44%
Discount Data
Average Discount (3 Yr) 8.70%
Discount Low(3 Yr) -1.57%
Discount High(3 Yr) 30.30%
Discount Rel Range 52.08%
Comp Discount 22.05
Discount St Dev (1Yr) 6.70
Z-Stat
Z-Stat (6mo) -1.30
Z-Stat (1Yr) 0.07
Z-Stat (3Yr) 0.99
Comp Z-Stat (6mo) -1.36
Comp Z-Stat (3Yr) 0.41
Distribution Data
Market Yield 9.80%
Income Yield 0.31%
Lev Adj NAV Yield 9.16%
Distribution Frequency Q
Current Distribution $0.150
Current Income $0.001
Ex-Date 6/14/22
Payable Date 6/23/22
Div Growth (3yr) 0.00%
Dividend Change 7.1% on 2/27/14
Expected Div 8/18/22
RoC (1yr) 61.38%
RoC (3yr) 41.90%
Tax Dividend Data 2021 2019 - 2021
Income 5.5% 6.7%
ST Gains 3.5% 1.3%
QDI 8.9% 8.0%
LT Gains 63.3% 64.8%
RoC 27.8% 27.2%
Volume & Liquidity
Average Daily $ (K) $3,177
Avg Volume 30 day 296,937
Avg Volume 90 day 494,084
Volume Trend -39.90%
Comp Volume Trend -23.02%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
63.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
67.0%
Price Correlation (1yr)
vs. CEFA's US Equity Index
65.0%
Most Correlated Peer (Mk Pr): TY 72.0%
NAV - Price Correlation (30 d) 84.0%
NAV - Price Correlation (90 d) 81.7%
NAV - Price Correlation (1 Yr) 80.0%
Price St Dev (1Yr) 22.4%
NAV St Dev (1Yr) 21.4%
Earnings
Earnings / Share (12/31/21) $0.005
Earn Coverage 3.00%
Earnings Trend Down
UNII / Share (12/31/21) $-0.032
Rel UNII -159.00
UNII Trend Down
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.06
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.78
NAV Beta (2yr)
vs. CEFA's US Equity Index
1.24

DISCLOSURES:

CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.