Latest On The Gabelli Equity Trust Inc (GAB):
About The Gabelli Equity Trust Inc (GAB):
The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.
General
- Name The Gabelli Equity Trust Inc
- Symbol GAB
- Type Common Stock
- Exchange NYSE
- Currency USD
- Country USA
- SectorFinancial Services
- IndustryAsset Management
- Last Split Factor1008:1000
- Last Split Date2017-11-03
- Fiscal Year EndDecember
- Web URLhttp://www.gabelli.com/Template/fundinfo.cfm?tid=M
Valuation
- Trailing PE 3.86
- Price/Sales (Trailing 12 Mt.) 3.89
- Price/Book (Most Recent Quarter) 0.85
Financials
- Most Recent Quarter 2019-12-31
- Profit Margin 971%
- Operating Margin 43%
- Return on Equity 18%
- Revenue 34.68 million
- Earnings Per Share $1.23
- Revenue Per Share $0.14
- Gross Profit 34.68 million
- Quarterly Earnings Growth -9.6%
Highlights
- Market Capitalization 1.25 billion
- Book Value Per Share $5.88
Share Statistics
- Shares Outstanding 253.34 million
- % Held by Insiders 62%
- % Held by Institutions 6.05%
- Shares Short 1.09 million
- Shares Short Prior Month 330402
- Short Ratio 1.5
Technicals
- Beta 1.15
- 52 Week High $6.31
- 52 Week Low $2.89
- 50 Day Moving Average 5.12
- 200 Day Moving Average 5.11
Dividends
- Forward Annual Dividend Rate $0.6
- Forward Annual Dividend Yield 12.05%
- Payout Ratio 45%
- Dividend Date 2018-12-14
- ExDividend Date 2020-06-15
- Dividend Per Share $0.6
- Dividend Yield 10.29%
The Gabelli Equity Trust Inc (GAB) Dividend Calendar:
The Gabelli Equity Trust Inc pays an annual dividend of $0.6 per share, with a dividend yield of 10.29%.
GAB's last dividend payment was made to shareholders on December 14, 2018.
The Gabelli Equity Trust Inc pays out 45% of its earnings out as a dividend.
Ex-Dividend Date | Payment Date | Record Date | Declared Date | Amount |
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The Gabelli Equity Trust Inc (GAB) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
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Cash Flow:
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Balance Sheet:
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The Gabelli Equity Trust Inc (GAB) Chart:
The Gabelli Equity Trust Inc (GAB) News:
Below you will find a list of latest news for The Gabelli Equity Trust Inc (GAB) from major news sources. You can filter the results to only show news from a specific source.
No recent news available
The Gabelli Equity Trust Inc (GAB) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Expiration Date | Strike | Last Price | Type | Volume | Open Interest | Implied Volatility | In The Money | Change | Change Percent |
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Latest GAB Trades:
Date | Shares | Price |
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Jun 13, 2022 7:51 PM EST | 100 | $6.565 |
Jun 13, 2022 7:51 PM EST | 96 | $6.565 |
Jun 13, 2022 7:53 PM EST | 100 | $6.565 |
Jun 13, 2022 7:54 PM EST | 9 | $6.565 |
Jun 13, 2022 7:54 PM EST | 41 | $6.565 |
The Gabelli Equity Trust Inc (GAB) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
Date | Form Type | Form Name | Link |
---|---|---|---|
2019-12-13 | CERT | Certification | https://www.sec.gov/Archives/edgar/data/794685/000087666119001248/0000876661-19-001248-index.htm |
2019-12-16 | CERT | Certification | https://www.sec.gov/Archives/edgar/data/794685/000087666119001252/0000876661-19-001252-index.htm |
2019-12-26 | 25-NSE | Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or ret | https://www.sec.gov/Archives/edgar/data/794685/000087666119001298/0000876661-19-001298-index.htm |
2019-03-29 | DEF 14A | Other definitive proxy statements | https://www.sec.gov/Archives/edgar/data/794685/000113322819001858/0001133228-19-001858-index.htm |
2019-03-29 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material | https://www.sec.gov/Archives/edgar/data/794685/000113322819001886/0001133228-19-001886-index.htm |
2020-08-21 | N-PX | Annual Report of proxy voting record of management investment companies | https://www.sec.gov/Archives/edgar/data/794685/000113322820005253/0001133228-20-005253-index.htm |
2020-03-26 | DEF 14A | Other definitive proxy statements | https://www.sec.gov/Archives/edgar/data/794685/000114036120007013/0001140361-20-007013-index.htm |
2020-03-26 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material | https://www.sec.gov/Archives/edgar/data/794685/000114036120007059/0001140361-20-007059-index.htm |
2020-05-01 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material | https://www.sec.gov/Archives/edgar/data/794685/000114036120010479/0001140361-20-010479-index.htm |
2020-05-04 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material | https://www.sec.gov/Archives/edgar/data/794685/000114036120010577/0001140361-20-010577-index.htm |
2019-08-23 | N-PX | Annual Report of proxy voting record of management investment companies | https://www.sec.gov/Archives/edgar/data/794685/000114420419041489/0001144204-19-041489-index.htm |
2019-03-11 | N-CEN | Annual Report for Registered Investment Companies | https://www.sec.gov/Archives/edgar/data/794685/000114554919005788/0001145549-19-005788-index.htm |
2019-05-28 | N-CEN/A | Annual Report for Registered Investment Companies | https://www.sec.gov/Archives/edgar/data/794685/000114554919014571/0001145549-19-014571-index.htm |
2020-03-11 | N-CEN | Annual Report for Registered Investment Companies | https://www.sec.gov/Archives/edgar/data/794685/000114554920014437/0001145549-20-014437-index.htm |
2019-03-07 | N-CSR | Certified Shareholder Report | https://www.sec.gov/Archives/edgar/data/794685/000119312519067029/0001193125-19-067029-index.htm |
2019-09-05 | N-CSRS | Certified Shareholder Report, Semi-Annual | https://www.sec.gov/Archives/edgar/data/794685/000119312519238852/0001193125-19-238852-index.htm |
2019-09-24 | POS 8C | Post-effective amendments filed by certain investment companies [Section 8(c)] | https://www.sec.gov/Archives/edgar/data/794685/000119312519253625/0001193125-19-253625-index.htm |
2019-11-07 | CORRESP | Correspondence | https://www.sec.gov/Archives/edgar/data/794685/000119312519287120/0001193125-19-287120-index.htm |
2019-11-19 | POS 8C | Post-effective amendments filed by certain investment companies [Section 8(c)] | https://www.sec.gov/Archives/edgar/data/794685/000119312519295675/0001193125-19-295675-index.htm |
2019-11-19 | CORRESP | Correspondence | https://www.sec.gov/Archives/edgar/data/794685/000119312519295676/0001193125-19-295676-index.htm |
2019-11-21 | N-23C-2 | Notice by closed-end investment companies of intent to purchase their own securities | https://www.sec.gov/Archives/edgar/data/794685/000119312519297513/0001193125-19-297513-index.htm |
2019-12-10 | 497 | Definitive materials | https://www.sec.gov/Archives/edgar/data/794685/000119312519309901/0001193125-19-309901-index.htm |
2019-12-10 | 497AD | Filing by certain investment companies of Rule 482 advertising [Rule 497 and 482(c)] | https://www.sec.gov/Archives/edgar/data/794685/000119312519309906/0001193125-19-309906-index.htm |
2019-12-11 | 497 | Definitive materials | https://www.sec.gov/Archives/edgar/data/794685/000119312519311417/0001193125-19-311417-index.htm |
2019-12-11 | POS EX | Post-effective amendment adding exhibits to registration statement [Rule 462(d)] | https://www.sec.gov/Archives/edgar/data/794685/000119312519311459/0001193125-19-311459-index.htm |
2019-12-13 | 8-A12B | Registration of securities [Section 12(b)] | https://www.sec.gov/Archives/edgar/data/794685/000119312519313789/0001193125-19-313789-index.htm |
2020-02-27 | 40-17G | Fidelity Bond [Rule 17G-1(g)] | https://www.sec.gov/Archives/edgar/data/794685/000119312520052904/0001193125-20-052904-index.htm |
2020-03-06 | N-CSR | Certified Shareholder Report | https://www.sec.gov/Archives/edgar/data/794685/000119312520065048/0001193125-20-065048-index.htm |
2020-09-04 | N-CSRS | Certified Shareholder Report, Semi-Annual | https://www.sec.gov/Archives/edgar/data/794685/000119312520239877/0001193125-20-239877-index.htm |
2019-05-08 | 4 | Statement of changes in beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116319000006/0001271163-19-000006-index.htm |
2019-07-12 | 4 | Statement of changes in beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116319000018/0001271163-19-000018-index.htm |
2019-08-19 | 4 | Statement of changes in beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116319000029/0001271163-19-000029-index.htm |
2019-08-19 | 4 | Statement of changes in beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116319000030/0001271163-19-000030-index.htm |
2019-08-27 | 4 | Statement of changes in beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116319000034/0001271163-19-000034-index.htm |
2019-08-29 | 4 | Statement of changes in beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116319000035/0001271163-19-000035-index.htm |
2019-09-05 | 4 | Statement of changes in beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116319000041/0001271163-19-000041-index.htm |
2019-12-20 | 4 | Statement of changes in beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116319000085/0001271163-19-000085-index.htm |
2019-12-30 | 4 | Statement of changes in beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116319000096/0001271163-19-000096-index.htm |
2020-08-26 | 3 | Initial statement of beneficial ownership of securities | https://www.sec.gov/Archives/edgar/data/794685/000127116320000057/0001271163-20-000057-index.htm |
2019-05-24 | NPORT-EX | Portfolio Holdings Exhibit to Form N-PORT | https://www.sec.gov/Archives/edgar/data/794685/000175272419045621/0001752724-19-045621-index.htm |
2019-11-26 | NPORT-P | Monthly Portfolio Investments Report on Form N-PORT (Public) | https://www.sec.gov/Archives/edgar/data/794685/000175272419179922/0001752724-19-179922-index.htm |
2020-02-26 | NPORT-P | Monthly Portfolio Investments Report on Form N-PORT (Public) | https://www.sec.gov/Archives/edgar/data/794685/000175272420037591/0001752724-20-037591-index.htm |
2020-05-22 | NPORT-P | Monthly Portfolio Investments Report on Form N-PORT (Public) | https://www.sec.gov/Archives/edgar/data/794685/000175272420101823/0001752724-20-101823-index.htm |
2020-08-24 | NPORT-P | Monthly Portfolio Investments Report on Form N-PORT (Public) | https://www.sec.gov/Archives/edgar/data/794685/000175272420165485/0001752724-20-165485-index.htm |
2019-11-21 | EFFECT | Notice of Effectiveness | https://www.sec.gov/Archives/edgar/data/794685/999999999519002628/9999999995-19-002628-index.htm |
The Gabelli Equity Trust Inc (GAB) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of The Gabelli Equity Trust Inc (GAB). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.Insider Ownership: 62%Institutional Ownership: 605%
Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
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2019-08-27 | JAMES P CONN | Director | Sell | 53,679.00 | 5.98 | 320,839.38 | 1,000.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000035/0001271163-19-000035-index.htm |
2019-12-16 | BRUCE N ALPERT | President | Buy | 400.00 | 25.00 | 10,000.00 | 400.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000085/0001271163-19-000085-index.htm |
2019-12-16 | BRUCE N ALPERT | President | Buy | 4,000.00 | 25.00 | 100,000.00 | 4,000.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000085/0001271163-19-000085-index.htm |
2019-09-03 | BRUCE N ALPERT | President | Sell | 900.00 | 25.32 | 22,788.00 | 4,000.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000041/0001271163-19-000041-index.htm |
2019-08-15 | BRUCE N ALPERT | President | Sell | 100.00 | 25.25 | 2,525.00 | 4,900.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000030/0001271163-19-000030-index.htm |
2019-08-15 | BRUCE N ALPERT | President | Sell | 2,389.00 | 25.15 | 60,083.35 | 5,000.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000029/0001271163-19-000029-index.htm |
2019-08-26 | JAMES P CONN | Director | Sell | 5,000.00 | 6.01 | 30,050.00 | 54,679.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000034/0001271163-19-000034-index.htm |
2019-07-10 | BRUCE N ALPERT | President | Sell | 391.00 | 25.03 | 9,786.73 | 5,888.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000018/0001271163-19-000018-index.htm |
2019-08-23 | JAMES P CONN | Director | Sell | 24,000.58 | 5.97 | 143,307.46 | 59,679.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000034/0001271163-19-000034-index.htm |
2019-05-07 | BRUCE N ALPERT | President | Sell | 573.00 | 24.70 | 14,153.10 | 6,279.00 | https://www.sec.gov/Archives/edgar/data/794685/000127116319000006/0001271163-19-000006-index.htm |