The Gabelli Utility Trust (GUT)
The Gabelli Utility Trust operates in the Asset Management industry of the Financial Services sector, headquartered in Rye, NY, US. The stock last traded at $6.50, up 1.88% on the session, giving a market capitalisation of $582.4M. On trailing twelve-month figures it carries a trailing P/E of 12.75, a net margin of 280.1%. Its beta of 0.52 implies it has historically moved less than the broad market.
Operating as a closed-end equity fund, The Gabelli Utility Trust was initially established by GAMCO Investors, Inc., with its management overseen by Gabelli Funds, LLC. This fund primarily allocates capital to publicly traded companies across global markets, focusing specifically on businesses involved in delivering products, services, or vital equipment for the generation or distribution of essential utilities such as electricity, gas, and water, alongside telecommunications services and broader infrastructure operations. It seeks investment opportunities in companies regardless of their market capitalization. To measure its performance, the fund benchmarks its portfolio against the S&P 500 Utilities Index, the Lipper Utility Fund Average, and the S&P 500 Index. The Gabelli Utility Trust commenced operations on July 9, 1999, and is legally based in the United States.
The Gabelli Utility Trust is most often compared with the following Financial Services names: