|Bid||6.91 x 1100|
|Ask||6.95 x 1000|
|Day's Range||6.89 - 6.94|
|52 Week Range||5.68 - 7.10|
|Beta (3Y Monthly)||-0.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.60 (8.90%)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Gabelli Utility Trust and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
The Board of Trustees of The Gabelli Utility Trust (GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of April, May, and June 2019. The distribution for April 2019 will be payable on April 23, 2019 to common shareholders of record on April 15, 2019.
The Board of Trustees of The Gabelli Utility Trust (GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees announced cash distributions of $0.05 per share for each of January, February, and March 2019. The distribution for January 2019 will be payable on January 24, 2019 to common shareholders of record on January 16, 2019.
The Gabelli Utility Trust (GUT) (the “Fund”) is pleased to announce the successful completion of its transferable rights offering (the “Offering” or “Offer”) in which the Fund will issue 8,831,210 common shares, totaling $48,571,655. The Offering was significantly over-subscribed, with $92 million received.