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

Why Income Investors Love GAB's Dividend (And Why They Shouldn't)

Gabelli Equity Trust (NYSE:GAB) has paid a steady $0.15 quarterly dividend for years, which at a recent share price of roughly $5.7 translates to an annualized yield near 10.6%.

24/7 Wall Street • Apr 17, 2026

GAB Rights Offering Update: Lower Subscription Price And Deadline Extended

Gabelli Equity Trust has reduced its rights offering subscription price to $5.00 per share and extended the expiration to April 21, 2026. The fixed-dollar subscription structure means rights are valuable when GAB trades above $5.00; the offering is now economically attractive. Shareholders who previously exercised rights through brokers must resubscribe at the new $5.00 price due to the terms change.

Seeking Alpha • Apr 16, 2026

Gabelli's 10.5% Yield Comes With a Hidden Cost Retirees Should Know

A closed-end management name focusing on long-term capital, Gabelli Equity Trust (NYSE:GAB) has committed to paying at least 10% of its average net asset value annually since its inception in 1986, a policy that yields roughly 10.5% at current prices.

24/7 Wall Street • Apr 14, 2026

GAB's 11% Yield Comes With a Hidden Cost Retirees Should Know

Gabelli Equity Trust (NYSE:GAB) has paid quarterly distributions without interruption since 1986 and currently yields roughly 11% at current share prices.

24/7 Wall Street • Apr 13, 2026

CEF Market Weekly Review: GAB Restrikes Its Rights Offering

We review the CEF market valuation and performance through the first week of April and highlight recent market action. Closed-end funds rebounded, with discounts tightening to historic averages as all sectors finished in the green except MLPs. Gabelli Equity CEF launched an unusual 10:1 rights offering with a fixed subscription price, later reduced to $5, causing discount widening.

Seeking Alpha • Apr 11, 2026