|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||16.95 - 17.67|
|52 Week Range||14.81 - 22.81|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||5.99|
|Earnings Date||Feb 3, 2020 - Feb 7, 2020|
|Forward Dividend & Yield||0.08 (0.47%)|
|1y Target Est||31.00|
- Net income of $13.6 million - Diluted earnings of $0.50 per share - September 30, 2019 AUM of $35.7 billion - Our “Giving Back” program continued with shareholder designated cont
– Fund Managers to Discuss Long Term Wealth Creation through the Ownership of Equities –
The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
The Boards of Trustees (the “Boards”) of the Gabelli closed-end funds are considering the conversion of selected Funds from Delaware statutory trusts to Maryland corporations. Although many provisions of the corporate statutes of Maryland and Delaware are similar, Maryland may better suit the needs of the Funds. “Maryland is proving to be the jurisdiction of choice for closed-end funds.
Chairman & CEO of Gamco Investors Inc (30-Year Financial, Insider Trades) Mario J Gabelli (insider trades) bought 4,503 shares of GBL on 08/30/2019 at an average price of $17.78 a share. Continue reading...
GAMCO Investors, Inc., announced the appointment of Willis Brucker and Gian Maria Magrini to the investment team of the GDL Fund effective immediately. Willis Brucker and Gian Maria Magrini will join Mario J.
A new type of ETF has just won approval from the SEC, and it could spur yet more growth in this $3.8 trillion market if it overcomes transparency issues: the ActiveShares ETFs owned by Precidian Investments. While many of the best-known ETFs are passive investment vehicles that track market indexes, the latest development will spur the launch of nontransparent actively-managed ETFs that do not have to make such daily disclosures. This is a radical change from the transparency that's been the hallmark - and a key selling point - for ETFs since their inception.
The Gabelli Dividend & Income Trust will redeem 50% of its outstanding Series E Auction Rate Preferred Shares .
Moody's Investors Service has assigned an Aa3 rating to 5.375% Series H fixed rate preferred shares issued by Gabelli Dividend & Income Trust (GDV or the "Fund"). Moody's also affirmed the Aa3 ratings on GDV's outstanding preferred shares. The Fund's leverage is expected to remain the same as the net proceeds from new preferred share offering will be used to redeem an equal amount of the Fund's outstanding Series E auction rate preferred shares.
The Board of Trustees of The Gabelli Dividend & Income Trust (GDV) (the “Fund”) is pleased to announce the pricing of an offering of two million 5.375% Series H Cumulative Preferred Shares (“Series H Preferred”) with an aggregate liquidation value of $50 million. The Series H Preferred is perpetual, non-callable for five years, and will have a liquidation preference of $25 per share. Shares of the Series H Preferred are expected to commence trading on the New York Stock Exchange under the symbol “GDV Pr H” within thirty days of the date of issuance.
The Board of Directors of The Gabelli Equity Trust Inc. (GAB) (the “Fund”) reaffirmed its 10% distribution policy and declared a $0.15 per share cash distribution payable on June 21, 2019 to common stock shareholders of record on June 14, 2019. The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Directors. Under the Fund’s current distribution policy, the Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies.