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Gabelli Global Utility of Beneficial Ownership (GLU)

$18.39

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Key data on GLU

AUM

$109768273

P/E ratio

--

Dividend yield

6.473%

Expense ratio

1.4%

Beta

0.794173

Price on GLU

Previous close

$18.53

Today's open

$18.42

Day's range

$18.36 - $18.50

52 week range

$14.07 - $18.70

Profile about GLU

Headquarters

US

Exchange

NYSE American

Issue type

Common Stock

GLU industries and sectors

Equities

Global

Top holdings in GLU
6758:TK

2.05%

News on GLU

GLU: Solid For Income Generation But Underperforms Peers

Gabelli Global Utility & Income Trust offers consistent 6.6% monthly yields and global utility sector exposure, appealing to income-focused investors. GLU currently trades near the high end of its price-to-NAV range, making it less attractive for new accumulation at this time. Despite reliable distributions and tax-advantaged payouts, GLU has underperformed peers like UTG and ERH in both price and total return.

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Seeking Alpha • Nov 13, 2025

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Gabelli Global Utility & Income Trust Increases Monthly Distribution 10%

RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) increased the annual distribution 10% to $1.32 per share, which will be paid $0.11 per share monthly, commencing with the January 2026 monthly distribution. The increase reflects the strength of the Fund's NAV total return of 31% year to date.

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GlobeNewsWire • Nov 12, 2025

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Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 per Share

RYE, N.Y., Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.10 per share for each of October, November, and December 2025.

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GlobeNewsWire • Aug 21, 2025

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Gabelli Global Utility & Income Trust Announces Additional Put Dates for Series B Preferred Shares

RYE, N.Y., April 28, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of the Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) has approved additional put dates for the Series B Cumulative Puttable and Callable Preferred Shareholders (the “Series B Preferred”). The annual dividend rate of the Series B Preferred is 5.20%.

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GlobeNewsWire • Apr 28, 2025

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Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)

10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.

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Seeking Alpha • Apr 23, 2025

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Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 Per Share

RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.10 per share for each of April, May, and June 2025.

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GlobeNewsWire • Feb 13, 2025

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Gabelli Global Utility & Income Trust Adds June 26, 2025 as Put Date for Series B Preferred Shares

RYE, N.Y., Nov. 18, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) has approved June 26, 2025 as an additional put date for the Series B Cumulative Puttable and Callable Preferred Shareholders (the “Series B Preferred”). The annual dividend rate of the Series B Preferred is 5.20%.

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GlobeNewsWire • Nov 18, 2024

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Closed-End Funds: 2024 Revisit Of Funds That Never Cut Distributions With Inception Pre-2008

Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisit the six funds that have inceptions prior to the 2008/09 Global Financial Crisis that have still never cut their regular distributions. A long history of no-cuts can be important for income-focused investors, but we also examine coverage and valuations to determine whether they are worth exploring further.

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Seeking Alpha • May 27, 2024

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Gabelli Global Utility & Income Trust Appoints Nicolas W. Platt to Board of Trustees

RYE, N.Y., March 26, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Utility & Income Trust (the “Board”) (NYSE American: GLU) (the “Fund”) announced the appointment of Nicolas W. Platt to the Board of the Fund effective February 13, 2024.

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GlobeNewsWire • Mar 26, 2024

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Gabelli Global Utility & Income Trust Adds June 26, 2024 as Put Date for Series B Preferred Shares

RYE, N.Y., Dec. 11, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of the Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) has approved June 26, 2024 as an additional put date for the Series B Cumulative Puttable and Callable Preferred Shareholders (the “Series B Preferred”). The annual dividend rate of the Series B Preferred is 5.20%.

news source

GlobeNewsWire • Dec 11, 2023

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