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GUT / GUT: Pay A Dollar For 50 Cents

GUT: Pay A Dollar For 50 Cents
The Gabelli Utility Trust (GUT) fund is trading at a 113% premium to its net asset value (NAV), despite only delivering a 6.7% average annual return over 10 years. The fund is liquidating its NAV to maintain an unsustainable 18.5% distribution yield, making a future distribution cut almost certain. Investors are advised to consider alternative utility-focused closed-end funds, such as the Cohen & Steers Infrastructure Fund, which offers a more sustainable 8.0% distribution yield. Read More
Posted: Jul 8 2023, 04:53
Author Name: Seeking Alpha
Views: 111316

GUT News  

GUT: Down 25%, Still A Strong Sell

By Seeking Alpha
October 8, 2023

GUT: Pay A Dollar For 50 Cents

By Seeking Alpha
July 8, 2023

GUT: Pay A Dollar For 50 Cents

The Gabelli Utility Trust (GUT) fund is trading at a 113% premium to its net asset value (NAV), despite only delivering a 6.7% average annual return o more_horizontal

GUT: Moving From Sell To Hold For This Utilities CEF

By Seeking Alpha
April 2, 2023

GUT: Moving From Sell To Hold For This Utilities CEF

Gabelli Utility Trust is an equities closed-end fund. The vehicle has a high premium to NAV and exposure to this defensive asset class. more_horizontal

There Are CEF Premiums To NAV, And Then There Is GUT At 107%

By Seeking Alpha
January 26, 2023

There Are CEF Premiums To NAV, And Then There Is GUT At 107%

Gabelli Utility Trust is a closed-end fund focused on utilities. GUT is now trading at an all-time high premium to NAV of 107%. more_horizontal

Weekly Closed-End Fund Roundup: GUT Rights Offering Results (April 24, 2022)

By Seeking Alpha
May 4, 2022

Weekly Closed-End Fund Roundup: GUT Rights Offering Results (April 24, 2022)

1 out of 22 CEF sectors positive on price and 1 out of 22 sectors positive on NAV last week. GUT has completed its rights offering, which was oversubs more_horizontal

Quick Notes On GUT Rights Offering

By Seeking Alpha
March 16, 2022


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