GAB / GAB: Despite 15% Price Loss, This High-Yielding CEF Isn't Undervalued

Gabelli Equity Trust is an equity closed-end fund focused on long-term capital growth with income as a secondary objective. The fund seeks undervalued more_horizontal

The swap between Gabelli Equity and Liberty All-Star Equity funds has proven successful for investors, with USA significantly outperforming on a total more_horizontal

GAB has outperformed equity CEF benchmarks over the past year. We like the fund for its differentiated exposure beyond S&P 500 companies including thr more_horizontal

GAB's top investments are part of its portfolio for a very long time. During this period, these stocks were able to generate high price growth. High t more_horizontal

GAB's premium has come down, and USA has outperformed, as suggested could happen earlier this year. The overall equity decline and managed distributio more_horizontal

Closed-end funds aren't always everything they're cracked up to be. more_horizontal

GAB had conducted a rights offering earlier this year that saw the premium slide but has recently recovered to its higher level once again. The fund h more_horizontal

GAB had conducted a rights offering earlier this year that saw the premium slide but has recently recovered to its higher level once again. The fund h more_horizontal