Powering Growth of Capital and Income with Utility Opportunities
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The Gabelli Utility Trust is a closed-end, diversified management investment company. Investments will be made primarily in foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, water, solar, and telecommunications services.
The Fund’s primary objective is long-term growth of capital and income.
Our Team: Led by Portfolio Manager and CIO, Mario Gabelli, CFA, and supported by a dedicated team of Portfolio Managers that have expertise in the utilities, industrial, and technology spaces.
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
Justin Bergner rejoined Gabelli Funds in 2013 as a research analyst covering industrials with a focus on diversified industrial, electrical, and transportation companies. He began his investment career with the firm in 2005 as a metals and mining analyst, and subsequently spent five years at Axiom International Investors as a senior analyst focused on industrial… 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
Simon T. Wong, CFA covers the energy sector. He began his investment career at G.research (formerly Gabelli & Company) in 1997 as a specialty chemical analyst and subsequently became a generalist at Olstein Funds (now Olstein Capital Management), Lucid Asset Management, and Boyar Asset Management. Simon graduated from UCLA with a B.A. in Economics and… 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 |
|---|---|---|---|
| NEE | NEXTERA ENERGY INC | Energy and Utilities | 3.94 |
| WEC | WEC ENERGY GROUP INC | Energy and Utilities | 3.89 |
| XEL | XCEL ENERGY INC | Energy and Utilities | 3.3 |
| OKE | ONEOK INC | Energy and Utilities | 3.07 |
| EVRG | EVERGY INC | Energy and Utilities | 2.91 |
| SWX | SOUTHWEST GAS HOLDINGS INC | Energy and Utilities | 2.91 |
| NFG | NATIONAL FUEL GAS CO | Energy and Utilities | 2.74 |
| DUK | DUKE ENERGY CORP | Energy and Utilities | 2.49 |
| OGE | OGE ENERGY CORP | Energy and Utilities | 2.48 |
| ES | EVERSOURCE ENERGY | Energy and Utilities | 2.36 |
Gross Expense Ratio
1.5
Net Expense Ratio
1.3
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 market capitalization weighted index of large capitalization stocks that may include facilities generation and transmission or distribution of electricity, gas, or water. The Lipper Utility Fund Average reflects the average performance of mutual funds classified in this particular category. 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 rights offerings and are net of expenses. Since inception return is based on an initial NAV of $7.50.
Total returns and average annual returns reflect changes in closing market values on the NYSE, reinvestment of distributions, and adjustments for rights offerings. Since inception return is based on an initial offering price of $7.50.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing.
The gross expense ratio presented reflects the expense ratio based on common assets, and the net expense ratio presented is based on total assets including liquidation preference of preferred shares. 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.
