Gabelli Equity Trust Inc
Name
As of 12/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.6%
1 yr return
14.9%
3 Yr Avg Return
-2.5%
5 Yr Avg Return
0.1%
Net Assets
$1.64 B
Holdings in Top 10
21.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XGABX - Profile
Distributions
- YTD Total Return 11.6%
- 3 Yr Annualized Total Return -2.5%
- 5 Yr Annualized Total Return 0.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.57%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGabelli Equity Trust Inc
-
Fund Family NameGabelli
-
Inception DateSep 26, 2001
-
Shares Outstanding291796036
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerGustavo Pifano
Fund Description
XGABX - Performance
Return Ranking - Trailing
Period | XGABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.6% | 4.0% | 45.0% | 99.18% |
1 Yr | 14.9% | 5.7% | 56.8% | 99.42% |
3 Yr | -2.5%* | -3.3% | 18.3% | 99.75% |
5 Yr | 0.1%* | -0.4% | 110.3% | 99.82% |
10 Yr | 2.9%* | 2.9% | 52.5% | 99.76% |
* Annualized
Return Ranking - Calendar
Period | XGABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.2% | -42.6% | 47.4% | 95.82% |
2022 | -20.7% | -56.3% | -4.2% | 46.82% |
2021 | 9.4% | -27.2% | 537.8% | 79.70% |
2020 | -0.3% | -22.5% | 2181.7% | 93.55% |
2019 | 12.0% | -13.5% | 40.4% | 93.33% |
Total Return Ranking - Trailing
Period | XGABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.6% | 4.0% | 45.0% | 99.18% |
1 Yr | 14.9% | 5.7% | 56.8% | 99.42% |
3 Yr | -2.5%* | -3.3% | 18.3% | 99.75% |
5 Yr | 0.1%* | -0.4% | 110.3% | 99.82% |
10 Yr | 2.9%* | 2.9% | 52.5% | 99.76% |
* Annualized
Total Return Ranking - Calendar
Period | XGABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.2% | -5.0% | 47.4% | 99.18% |
2022 | -20.7% | -36.8% | -2.2% | 85.96% |
2021 | 9.4% | 3.0% | 537.8% | 98.83% |
2020 | -0.3% | -15.8% | 2266.0% | 98.87% |
2019 | 17.8% | -0.4% | 241.3% | 98.54% |
NAV & Total Return History
XGABX - Holdings
Concentration Analysis
XGABX | Category Low | Category High | XGABX % Rank | |
---|---|---|---|---|
Net Assets | 1.64 B | 2.34 M | 1.55 T | 46.61% |
Number of Holdings | 753 | 2 | 3963 | 7.93% |
Net Assets in Top 10 | 466 M | 880 K | 525 B | 50.94% |
Weighting of Top 10 | 21.40% | 0.3% | 111.6% | 96.06% |
Top 10 Holdings
- United States Treasury Bills 0.04% 4.11%
- Swedish Match AB 3.47%
- Swedish Match AB 3.47%
- Swedish Match AB 3.47%
- Swedish Match AB 3.47%
- Swedish Match AB 3.47%
- Swedish Match AB 3.47%
- Swedish Match AB 3.47%
- Swedish Match AB 3.47%
- Swedish Match AB 3.47%
Asset Allocation
Weighting | Return Low | Return High | XGABX % Rank | |
---|---|---|---|---|
Stocks | 97.36% | 0.00% | 105.85% | 79.80% |
Cash | 1.97% | 0.00% | 99.07% | 29.76% |
Bonds | 0.57% | 0.00% | 93.85% | 3.84% |
Preferred Stocks | 0.08% | 0.00% | 2.03% | 5.15% |
Other | 0.01% | -13.91% | 100.00% | 27.39% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 96.23% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XGABX % Rank | |
---|---|---|---|---|
Industrials | 23.90% | 0.00% | 29.90% | 1.58% |
Financial Services | 15.36% | 0.00% | 55.59% | 27.06% |
Consumer Defense | 15.08% | 0.00% | 47.71% | 2.16% |
Communication Services | 14.01% | 0.00% | 27.94% | 4.91% |
Consumer Cyclical | 10.84% | 0.00% | 30.33% | 43.96% |
Healthcare | 6.51% | 0.00% | 52.29% | 97.50% |
Basic Materials | 4.37% | 0.00% | 25.70% | 17.65% |
Technology | 4.20% | 0.00% | 48.94% | 99.75% |
Energy | 2.55% | 0.00% | 41.64% | 73.44% |
Real Estate | 1.87% | 0.00% | 31.91% | 72.69% |
Utilities | 1.31% | 0.00% | 20.91% | 75.19% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XGABX % Rank | |
---|---|---|---|---|
US | 79.73% | 0.00% | 105.85% | 97.22% |
Non US | 17.63% | 0.00% | 63.83% | 0.57% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XGABX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 75.17% | 0.00% | 100.00% | 3.28% |
Government | 21.75% | 0.00% | 100.00% | 1.72% |
Corporate | 3.08% | 0.00% | 100.00% | 11.07% |
Derivative | 0.00% | -1.75% | 25.41% | 91.73% |
Securitized | 0.00% | 0.00% | 52.16% | 95.62% |
Municipal | 0.00% | 0.00% | 2.10% | 95.71% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XGABX % Rank | |
---|---|---|---|---|
US | 0.57% | 0.00% | 91.39% | 3.84% |
Non US | 0.00% | 0.00% | 12.06% | 95.67% |
XGABX - Expenses
Operational Fees
XGABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.37% | 0.01% | 19.75% | 17.70% |
Management Fee | 1.00% | 0.00% | 1.90% | 98.52% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
XGABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
XGABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XGABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.00% | 0.00% | 268.00% | 26.55% |
XGABX - Distributions
Dividend Yield Analysis
XGABX | Category Low | Category High | XGABX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 25.47% | 99.92% |
Dividend Distribution Analysis
XGABX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
XGABX | Category Low | Category High | XGABX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.57% | -54.00% | 2.44% | 57.31% |
Capital Gain Distribution Analysis
XGABX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 13, 2019 | $0.150 | OrdinaryDividend |
Mar 14, 2019 | $0.150 | OrdinaryDividend |
Dec 06, 2018 | $0.190 | OrdinaryDividend |
Sep 13, 2018 | $0.150 | OrdinaryDividend |
Jun 14, 2018 | $0.150 | OrdinaryDividend |
Mar 14, 2018 | $0.150 | OrdinaryDividend |
Dec 07, 2017 | $0.160 | OrdinaryDividend |
Sep 14, 2017 | $0.150 | OrdinaryDividend |
Jun 14, 2017 | $0.150 | OrdinaryDividend |
Mar 15, 2017 | $0.150 | OrdinaryDividend |
Dec 07, 2016 | $0.150 | OrdinaryDividend |
Sep 14, 2016 | $0.150 | OrdinaryDividend |
Jun 14, 2016 | $0.150 | OrdinaryDividend |
Mar 14, 2016 | $0.150 | OrdinaryDividend |
Dec 09, 2015 | $0.190 | OrdinaryDividend |
Sep 14, 2015 | $0.150 | OrdinaryDividend |
Jun 12, 2015 | $0.150 | OrdinaryDividend |
Mar 13, 2015 | $0.150 | OrdinaryDividend |
Dec 10, 2014 | $0.190 | OrdinaryDividend |
Sep 12, 2014 | $0.150 | OrdinaryDividend |
Jun 12, 2014 | $0.150 | OrdinaryDividend |
Mar 13, 2014 | $0.150 | OrdinaryDividend |
Dec 11, 2013 | $0.200 | OrdinaryDividend |
Sep 12, 2013 | $0.140 | OrdinaryDividend |
Jun 12, 2013 | $0.140 | OrdinaryDividend |
Mar 12, 2013 | $0.140 | OrdinaryDividend |
Dec 12, 2012 | $0.140 | OrdinaryDividend |
Sep 12, 2012 | $0.140 | OrdinaryDividend |
Jun 13, 2012 | $0.140 | OrdinaryDividend |
Mar 14, 2012 | $0.140 | OrdinaryDividend |
Dec 09, 2011 | $0.160 | OrdinaryDividend |
Sep 14, 2011 | $0.140 | OrdinaryDividend |
Jun 14, 2011 | $0.140 | OrdinaryDividend |
Mar 15, 2011 | $0.130 | OrdinaryDividend |
Dec 10, 2010 | $0.170 | OrdinaryDividend |
Sep 14, 2010 | $0.120 | OrdinaryDividend |
Jun 14, 2010 | $0.110 | OrdinaryDividend |
Mar 15, 2010 | $0.110 | OrdinaryDividend |
Dec 10, 2009 | $0.160 | OrdinaryDividend |
Sep 14, 2009 | $0.160 | OrdinaryDividend |
Jun 12, 2009 | $0.200 | OrdinaryDividend |
Mar 13, 2009 | $0.200 | OrdinaryDividend |
Dec 10, 2008 | $0.200 | OrdinaryDividend |
Sep 12, 2008 | $0.200 | OrdinaryDividend |
Jun 12, 2008 | $0.200 | OrdinaryDividend |
Mar 13, 2008 | $0.200 | OrdinaryDividend |
Dec 10, 2007 | $0.300 | OrdinaryDividend |
Sep 12, 2007 | $0.200 | OrdinaryDividend |
Jun 13, 2007 | $0.200 | OrdinaryDividend |
Mar 14, 2007 | $0.200 | OrdinaryDividend |
Dec 11, 2006 | $0.200 | OrdinaryDividend |
Dec 11, 2006 | $0.100 | ExtraDividend |
Sep 13, 2006 | $0.190 | OrdinaryDividend |
Sep 13, 2006 | $0.010 | ExtraDividend |
Jun 14, 2006 | $0.190 | OrdinaryDividend |
Mar 15, 2006 | $0.190 | OrdinaryDividend |
Dec 13, 2005 | $0.190 | OrdinaryDividend |
Dec 13, 2005 | $0.110 | ExtraDividend |
Sep 15, 2005 | $0.190 | OrdinaryDividend |
Jun 14, 2005 | $0.180 | OrdinaryDividend |
Mar 14, 2005 | $0.180 | OrdinaryDividend |
Dec 14, 2004 | $0.300 | OrdinaryDividend |
Dec 14, 2004 | $0.120 | ExtraDividend |
Sep 14, 2004 | $0.180 | OrdinaryDividend |
Jun 14, 2004 | $0.160 | OrdinaryDividend |
Mar 15, 2004 | $0.160 | OrdinaryDividend |
Dec 12, 2003 | $0.140 | OrdinaryDividend |
Sep 12, 2003 | $0.140 | OrdinaryDividend |
Jun 12, 2003 | $0.140 | OrdinaryDividend |
Mar 13, 2003 | $0.270 | OrdinaryDividend |
Dec 12, 2002 | $0.140 | OrdinaryDividend |
Sep 12, 2002 | $0.270 | OrdinaryDividend |
Jun 12, 2002 | $0.270 | OrdinaryDividend |
Mar 13, 2002 | $0.270 | OrdinaryDividend |
Dec 12, 2001 | $0.270 | OrdinaryDividend |
Sep 12, 2001 | $0.270 | OrdinaryDividend |
Jun 13, 2001 | $0.270 | OrdinaryDividend |
Mar 14, 2001 | $0.270 | OrdinaryDividend |
Dec 13, 2000 | $0.500 | OrdinaryDividend |
Sep 13, 2000 | $0.270 | OrdinaryDividend |
Jun 14, 2000 | $0.270 | OrdinaryDividend |
Mar 15, 2000 | $0.270 | OrdinaryDividend |
Sep 15, 1999 | $0.270 | OrdinaryDividend |
Jun 16, 1999 | $0.270 | OrdinaryDividend |
Mar 17, 1999 | $0.270 | OrdinaryDividend |
Dec 15, 1998 | $0.375 | OrdinaryDividend |
Sep 16, 1998 | $0.270 | OrdinaryDividend |
Jun 16, 1998 | $0.270 | OrdinaryDividend |
Mar 13, 1998 | $0.250 | OrdinaryDividend |
Dec 15, 1997 | $0.290 | OrdinaryDividend |
Sep 15, 1997 | $0.250 | OrdinaryDividend |
Jun 18, 1997 | $0.250 | OrdinaryDividend |
Mar 18, 1997 | $0.250 | OrdinaryDividend |
Dec 17, 1996 | $0.250 | OrdinaryDividend |
Sep 12, 1996 | $0.250 | OrdinaryDividend |
Jun 13, 1996 | $0.250 | OrdinaryDividend |
Mar 07, 1996 | $0.250 | OrdinaryDividend |
Dec 13, 1995 | $0.500 | OrdinaryDividend |
Jun 09, 1995 | $0.250 | OrdinaryDividend |
Mar 08, 1995 | $0.250 | OrdinaryDividend |
Dec 07, 1994 | $0.330 | OrdinaryDividend |
Sep 06, 1994 | $0.250 | OrdinaryDividend |
Jun 06, 1994 | $0.250 | OrdinaryDividend |
Mar 07, 1994 | $0.250 | OrdinaryDividend |
Dec 14, 1993 | $0.360 | OrdinaryDividend |
Sep 03, 1993 | $0.250 | OrdinaryDividend |
Jun 07, 1993 | $0.250 | OrdinaryDividend |
Mar 08, 1993 | $0.250 | OrdinaryDividend |
Dec 07, 1992 | $0.310 | OrdinaryDividend |
Sep 04, 1992 | $0.250 | OrdinaryDividend |
Jun 09, 1992 | $0.250 | OrdinaryDividend |
Mar 09, 1992 | $0.250 | OrdinaryDividend |
Dec 09, 1991 | $0.340 | OrdinaryDividend |
Sep 10, 1991 | $0.250 | OrdinaryDividend |
Jun 10, 1991 | $0.250 | OrdinaryDividend |
Mar 08, 1991 | $0.100 | OrdinaryDividend |
Dec 11, 1990 | $0.430 | OrdinaryDividend |
Sep 10, 1990 | $0.250 | OrdinaryDividend |
Jun 11, 1990 | $0.250 | OrdinaryDividend |
Mar 12, 1990 | $0.250 | OrdinaryDividend |
XGABX - Fund Manager Analysis
Managers
Gustavo Pifano
Start Date
Tenure
Tenure Rank
Jan 01, 2021
1.41
1.4%
Joseph Gabelli
Start Date
Tenure
Tenure Rank
Jan 01, 2021
1.41
1.4%
Mr. Joseph rejoined GAMCO Investors, Inc. on May 1, 2018, after serving as a data strategy consultant for Alt/S, an early-stage media and marketing analytics firm, beginning in July 2017. From 2008 until June 2017, Mr. Joseph Gabelli served as an equity research analyst covering the global food and beverage industry for GAMCO Investors, Inc. and its affiliate, Associated Capital Group. He began his investment career at Integrity Capital Management, a Boston-based equity hedge fund, where he focused on researching small and micro-cap companies in the technology, healthcare and consumer discretionary sectors. Mr. Gabelli holds a B.A. from Boston College, and an M.B.A. from Columbia Business School, where he graduated with Dean’s Honors and Distinction.
Ashish Sinha
Start Date
Tenure
Tenure Rank
Jan 01, 2021
1.41
1.4%
Mr. Ashish Sinha, Assistant Vice President of GAMCO Asset Management UK, is an associate portfolio manager for the Global Mini Mites Fund. Mr. Sinha joined GAMCO UK in 2012 as a research analyst. He has a BSBA degree from the Institute of Management Studies, and a MB from IIFT.
Hendi Susanto
Start Date
Tenure
Tenure Rank
Jan 01, 2021
1.41
1.4%
Mr. Hendi Susanto, Vice President of Associated Capital Group Inc., is an associate portfolio manager for the Global Mini Mites Fund. Mr. Susanto joined Gabelli in 2007 as a research analyst. He currently covers the global technology industry. Mr. Susanto received a BS degree summa cum laude from the University of Minnesota, a MS from M.I.T., and an MBA from the Wharton School of Business
Macrae Sykes
Start Date
Tenure
Tenure Rank
Aug 01, 2021
0.83
0.8%
Mr. Macrae Sykes has served as a portfolio manager of the Financial Services Fund since its inception. Mr. Sykes joined Gabelli in 2008 as a research analyst. He currently covers the investment services industry, and is a member of the portfolio management team of another fund within the Gabelli Fund Complex. Mr. Sykes holds a B.A. in economics from Hamilton College and an M.B.A. in finance from Columbia Business School.
Christopher Marangi
Start Date
Tenure
Tenure Rank
Dec 31, 2021
0.41
0.4%
Christopher J. Marangi joined GAMCO in 2003 as an equity research analyst responsible for companies in the Cable, Satellite and Entertainment sectors, Mr. Marangi's experience includes 5+ years with Wellspring and JPMorgan. Mr. Marangi graduated magna cum laude and Phi Beta Kappa with a B.A. in Political Economy from Williams College and holds an M.B.A. with honors from the Columbia Graduate School of Business
Kevin Dreyer
Start Date
Tenure
Tenure Rank
Dec 31, 2021
0.41
0.4%
Mr. Dreyer, a Managing Director of GBL and Co-Chief Investment Officer of GBL’s Value Team, manages a portion of the Fund’s assets. He joined GBL in 2005 as a research analyst. Mr. Dreyer currently serves as a portfolio manager for the Adviser managing several funds within the Gabelli/GAMCO Fund Complex and GAMCO on its institutional and high net worth separate accounts team. Mr. Dreyer holds a M.B.A. from Columbia Business School and a B.S.E. from the University of Pennsylvania.
Jennie Tsai
Start Date
Tenure
Tenure Rank
Dec 31, 2021
0.41
0.4%
Sara Wojda
Start Date
Tenure
Tenure Rank
Dec 31, 2021
0.41
0.4%
Howard Ward
Start Date
Tenure
Tenure Rank
Dec 31, 2021
0.41
0.4%
Mr. Howard F. Ward, CFA, Senior Vice President of GBL, is a portfolio manager. He joined GBL in 1995 and currently serves as GBL’s Chief Investment Officer of Growth Products. Mr. Ward is also a portfolio manager. Previously, he was managing director with Scudder, Stevens & Clark from 1982 to 1995. Prior to that, Ward was an investment officer in the institutional-investment department for four years with Brown Brothers, Harriman & Company. He is a member of the Investment Council Association of America and the New York Society of Security Analysts.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.25 | 2.42 |