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GAB Mutual Fund Price & Analysis

The Gabelli Equity Trust Inc. functions as a closed-end equity mutual fund, initially established by GAMCO Investors, Inc. Its investment activities and general management are overseen by Gabelli Funds, LLC. The fund's primary focus is on deploying capital into the public stock markets of the United States, aiming to construct a diversified portfolio that includes companies from various industrial sectors. Beyond common stock, its holdings can extend to preferred shares, convertible or exchangeable securities, and various warrants and rights. A central pillar of its investment methodology is to pinpoint and invest in value stocks, irrespective of a company's market capitalization. The selection of individual securities is driven by rigorous fundamental analysis, utilizing a bottom-up stock-picking approach. For performance evaluation, the fund benchmarks its returns against several major market indices: the S&P 500 Index, the Dow Jones Industrial Average, and the Nasdaq Composite Index. This U.S.-domiciled trust was founded on August 21, 1986.

GAB Mutual Fund Chart & Stats

5.49
0.08(1.48%)
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