More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
Market cap
$1.50B
EPS
-0.68
P/E ratio
--
Price to sales
--
Dividend yield
11.742%
Beta
0.706705
Previous close
$5.22
Today's open
$5.15
Day's range
$5.09 - $5.17
52 week range
$5.09 - $6.37
CEO
Bruce N. Alpert
Employees
--
Headquarters
Rye, NV
Exchange
New York Stock Exchange
Shares outstanding
293817213
Issue type
Common Stock
Finance
Asset Management Services
10 Best CEFs This Month: Average Yield Of Near 10% (August 2026)
The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 10% yield and nearly 5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
Seeking Alpha • Aug 29, 2026

Gabelli Equity Trust: 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.15 Per Share
RYE, N.Y., Aug. 12, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on September 23, 2026 to common stock shareholders of record on September 16, 2026.
GlobeNewsWire • Aug 12, 2026

When It Comes To Gabelli CEFs, Go With GAB And Cut The GUT
We all know that CEFs can trade at premiums and discounts, but this one is quite literally off-the-charts ridiculous. No fund family has more valuation discrepancies and head-scratcher premiums and discounts than the Gabelli funds, or GAMCO, as they are known. And one of Gabelli's oldest and largest CEFs is the Gabelli Equity Fund, which is now at a -5% discount when its five-year history shows a 6%-plus premium.
Seeking Alpha • Aug 11, 2026

Gabelli Equity Trust: Deep Discount In This Value Focused Income Fund
The Gabelli Equity Trust offers a 10.7% yield, trades at a 4.58% discount to NAV, and targets income-focused investors prioritizing stability. GAB's portfolio emphasizes value equities and minimal tech exposure and relies on net realized gains, which can limit capital appreciation in prolonged rallies. Leverage at 14.7% of assets amplifies both upside and downside risks, especially during market downturns or rising interest rate environments.
Seeking Alpha • Jun 30, 2026

10 Best CEFs This Month: Average Yield Of Near 10% (June 2026)
The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 9.8% plus yield and nearly 7.5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
Seeking Alpha • Jun 27, 2026

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share
RYE, N.Y., May 13, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on June 23, 2026 to common stock shareholders of record on June 15, 2026.
GlobeNewsWire • May 13, 2026

While Everyone Chases Tech, These 3 Funds Quietly Pay 11%
Stocks are surging—but they're also developing a case of “bad breadth.” That is, most of the gains are coming from a small slice of the market (I'm looking at you, tech).
Forbes • May 13, 2026

Gabelli Equity Trust pays 9.5% yield while founder quietly buys millions in shares
Gabelli Equity Trust (NYSE:GAB) has quietly become one of the most beloved income vehicles among retail investors, and the math behind that loyalty is straightforward: a 9.5% annualized yield paid quarterly, a founder who keeps buying shares with his own money, and a recent rights offering oversubscribed by more than $117 million.
24/7 Wall Street • Apr 27, 2026

This CEF Appears Down From Its 1986 Prices, but It's Hiding a Lovely Secret
The Gabelli Equity Trust launched in August 1986 with an initial NAV of $9.34. Today, shares trade near $5.57.
24/7 Wall Street • Apr 27, 2026

Gabelli Equity Trust Rights Offering Oversubscribed by $117 Million Raising $155 Million
RYE, N.Y., April 22, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE: GAB) (the “Fund”) is pleased to announce the completion of its transferable rights offering (the “Offering” or “Offer”) in which more than 31.1 million common shares will be issued, resulting in gross proceeds to the Fund of approximately $155 million. Pursuant to the Offer, the Fund issued one transferable right (a “Right”) for each common share of the Fund held by shareholders of record (“record date shareholders”) as of March 2, 2026.
GlobeNewsWire • Apr 22, 2026

¹ Disclosures

Open an M1 investment account to buy and sell Gabelli Equity Trust Inc. (The) commission-free¹. Build wealth for the long term using automated trading and transfers.