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XASE
GLUpA
Market cap98mUSD
Oct 08, Last price  
45.30USD
1D
-7.15%
1Q
-44.07%
Jan 2017
24.59%
IPO
2,383.51%
Name

Gabelli Global Utility & Income Trust

Chart & performance

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XASE:GLUpA chart

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Profile

The Gabelli Global Utility & Income Trust is a closed-end equity investment vehicle established by GAMCO Investors, Inc. and overseen by Gabelli Funds, LLC. This fund primarily allocates capital to public equity markets worldwide. Its core investment strategy targets enterprises substantially engaged in delivering products, services, or equipment for the generation or distribution of electricity, gas, or water, as well as those involved in infrastructure operations. Additionally, it acquires equity securities, including preferred shares, of companies in diverse sectors that are anticipated to yield regular dividends. The trust also diversifies into income-generating assets, such as government debt instruments. It maintains a flexible approach to market capitalization, investing in companies of all sizes. For performance evaluation, the fund references the S&P 500 Utilities Index, the Lipper Utility Fund Average, and the broader S&P 500 Index. Founded on May 28, 2004, this trust operates from its base in the United States.

Related entities

Fund manager
GABELLI FUNDS, LLC

Key people

President · since 2004
Treasurer and Principal Financial and Accounting Officer · since 2017
Chief Compliance Officer · since 2013
Vice President, Secretary · since 2013
Vice President · since 2004
Adam E. Tokar
Vice President and Ombudsman · since 2011
Lead Independent Trustee · since 2004
Independent Trustee · since 2004
Independent Trustee · since 2018
Independent Trustee · since 2004
Independent Trustee · since 2004
Independent Trustee · since 2004
IPO date
May 26, 2004
Employees
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
C/O Gabelli Funds, LLC
One Corporate Center
Rye, NY 10580
US

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