Seeking a High Level of Total Return with an Emphasis on Dividends and Income
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The Gabelli Dividend & Income Trust is a diversified , closed-end management company investing at least 80% of its assets in dividend paying or other income producing securities. Under normal market conditions, at least 50% of the Fund’s assets will consist of dividend paying equity securities.
The Fund’s investment objective is to seek a high level of total return with an emphasis on dividends and income.
Our Team: Led by Portfolio Manager and CIO, Mario Gabelli, CFA, along with management support from over 16 experienced portfolio managers.
Income Potential: The Fund seeks to generate cash flow by investing in dividend-paying stocks that are undervalued with superior yield and capital gains potential.
Solid Investment Objective: The Fund attempts to identify assets that are selling in the public market at a discount to their private market value.
Mario J. Gabelli, CFA is the Chairman and Chief Executive Officer of GAMCO Investors, Inc., the firm he founded in 1977. A 1965 summa cum laude graduate of Fordham University’s College of Business Administration, he also holds an M.B.A. from Columbia University Graduate School of Business, and honorary doctorates from Fordham University and Roger Williams… More
Howard F. Ward, CFA is GAMCOs Chief Investment Officer of Growth Equities, Portfolio Manager for the GAMCO Growth Fund and Co-Portfolio Manager of the GAMCO Global Growth Fund. Howard joined GAMCO Investors, Inc. in 1995 as Senior Vice President and Portfolio Manager of the GAMCO Growth Fund. In 2004 he was named Director of Growth… More
Supported by a centralized team of 30+ sector-focused analysts supporting Growth and Value portfolios
A graphical measurement of a portfolio’s net return that simulates the performance of an initial investment of $10,000 over the given time period.
Returns represent past performance and do not guarantee future results. Due to market volatility, current performance may be lower or higher than the performance data quoted. Total return and average annual returns are historical and reflect changes in share price, reinvestment of dividends and capital gains and are net of expenses. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com.
| Symbol | Company | Sector | Portfolio |
|---|---|---|---|
| MA | MASTERCARD INC | Financial Services | 2.49 |
| JPM | JPMORGAN CHASE & CO | Financial Services | 2.42 |
| AXP | AMERICAN EXPRESS CO | Financial Services | 2.25 |
| BK | BANK OF NEW YORK MELLON CORP/THE | Financial Services | 1.77 |
| MSFT | MICROSOFT CORP | Software and Services | 1.76 |
| SONY | SONY GROUP CORP | Electronics | 1.5 |
| HON | HONEYWELL INTERNATIONAL INC | Diversified Industrial | 1.39 |
| RSG | REPUBLIC SERVICES INC | Environmental Services | 1.39 |
| PM | PHILIP MORRIS INTERNATIONAL INC | Consumer Products | 1.32 |
| WFC | WELLS FARGO & CO | Financial Services | 1.2 |
Gross Expense Ratio
1.5% / 1.2%
Net Expense Ratio
1.4% / 1.1%
Maximum Sales Charge
0.00%
Performance returns for periods of less than one year are not annualized. Returns represent past performance and do not guarantee future results. Investment returns and the principal value of an investment will fluctuate. The Fund’s use of leverage may magnify the volatility of net asset value changes versus funds that do not employ leverage. When shares are sold, they may be worth more or less than their original cost. Consequently, you can lose money by investing in the Fund. Current performance may be lower or higher than the performance data presented. The S&P 500 is an unmanaged indicator of stock market performance. Dividends are considered reinvested. You cannot invest directly in an index.
Total returns and average annual returns reflect changes in the NAV per share, reinvestment of distributions at NAV on the ex-dividend date, adjustments for rights offerings and spin-offs and are net of expenses. Since inception return is based on an initial NAV of $19.06.
Total returns and average annual returns reflect changes in closing market values on the NYSE, reinvestment of distributions and adjustments for rights offerings and spin-offs.
Since inception return is based on an initial offering price of $20.00.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The gross expense ratios presented reflect the expense ratio based on common assets including / excluding distributions to Series J and Series M preferred shares that are treated as interest expense for financial reporting purposes and the net expense ratios presented reflect the expense ratio based on total assets including / excluding distributions to Series J and Series M preferred shares that are treated as interest expense for financial reporting purposes. Information regarding the Fund’s distribution policy and the most recent quarterly report, which contains a more extensive list of holdings, is available by calling 800-GABELLI (800-422-3554).
Forms 3, 4, and 5 can be found here.
