Meanwhile, the Gabelli Utility Trust (GUT) trades at an absurd 73.7% premium to NAV, a number that should make any investor cringe. After all, its 10-year average premium is “only” 49.6%, so why would anyone pay through the nose for this fund?
Meanwhile, the Gabelli Utility Trust (GUT) trades at an absurd 73.7% premium to NAV, a number that should make any investor cringe. After all, its 10-year average premium is “only” 49.6%, so why would anyone pay through the nose for this fund?
