Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share
Key Highlights
- ➤$0.15 per share fourth-quarter distribution payable December 18, 2026
- ➤10% distribution policy reaffirmed; $0.15 exceeds policy amount by $0.04
- ➤Fund has $2.3 billion in total net assets
- ➤2026 distributions estimated 69% return of capital, 26% net capital gains
RYE, N.Y., Nov. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on December 18, 2026 to common stock shareholders of record on December 11, 2026.
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. The average net asset value of the Fund is based on the average net asset values as of the last day of the four preceding calendar quarters during the year. The net asset value per share fluctuates daily.
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