Global Utility Investments with a Focus on Income Producing Securities
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The Gabelli Global Utility & Income Trust is a diversified, closed-end management investment company. Under normal market conditions, the Fund invests at least 80% of its assets in equity securities and income producing securities (such as governments) of domestic and foreign companies involved in the utilities industry and other industries that are expected to pay periodic dividends.
The Fund’s investment objective is to seek a consistent level of after-tax total return for its investors with an emphasis on tax advantaged dividend income under current tax law.
Capitalizing on Growing Energy Demand: As technology and Artificial Intelligence (AI) continue to drive innovation, energy demand is set to surge. The fund targets companies in the utility and infrastructure sectors that are positioned to benefit from increasing energy needs.
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
Timothy Winter, CFA, is a portfolio manager of The Gabelli Utilities Fund, The Gabelli Utilities Trust and The Gabelli Global Utility & Income Trust and a research analyst covering the utilities industry. He joined the firm in 2009 and has over 25 years of industry experience. Previously he served over 15 years as research analyst… 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 |
|---|---|---|---|
| NFG | NATIONAL FUEL GAS CO | Natural Gas Integrated | 3.81 |
| SONY | SONY GROUP CORP | Electronics | 2.09 |
| AZZ | AZZ INC | Energy and Utilities | 1.88 |
| AEP | AMERICAN ELECTRIC POWER CO INC | Energy and Utilities: Integrated | 1.61 |
| IBE | IBERDROLA SA | Energy and Utilities: Integrated | 1.61 |
| KPN | KONINKLIJKE KPN NV | Telecommunications | 1.58 |
| GIVN | GIVAUDAN SA | Specialty Chemicals | 1.5 |
| CBK | COMMERZBANK AG | Financial Services | 1.46 |
| ABBNY | ABB LTD | Services | 1.44 |
| AEE | AMEREN CORP | Energy and Utilities: Integrated | 1.29 |
Gross Expense Ratio
1.4%
Net Expense Ratio
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 Utilities Index is an unmanaged indicator of electric and gas utility stock performance. The Lipper Utility Fund Average reflects the average performance of mutual funds classified in this particular category. The S&P Global 1200 Utilities Index is an unmanaged indicator of electric and gas utility stock 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, and adjustments for the rights offering 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 American and reinvestment of distributions and adjustments for rights offerings. 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 / total assets including liquidation preference of preferred stock. 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.
