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GAB Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today

GAB
GAB
Gabelli Equity Trust Inc
At close Nov 5 at 4:00 PM ET (Korea 11/6 06:00)
$5.20
-0.13 ▼ -2.44%
Nov 5 at 7:15 PM ET (Korea 11/6 09:15)
$5.24
+0.04 ▲ +0.75%
Wedge Down Resistance 5.54 Support 5.10 Holding Lines drawn by AI for reference. They may be wrong. Treat them as a hint, not a forecast.

Full metrics table

About this fund
가벨리 이쿼티 트러스트GAB | NYSE | Equity fund

💰 A stock-based closed-end fund (CEF) managed by Gabelli, which focuses on long-term capital growth as its primary objective and income as a secondary objective. It is characterized by leverage through preferred stock issuance and a quarterly distribution policy.

Good to know

It runs 16% of assets on borrowed money.

Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.

GAB fund at a glance as of Nov 5
Distribution rate ⓘ 11.65% quarterly
Total Expense Ratio ⓘ 1.61% incl. 0.28% interest
AUM ⓘ $1.9B Assets Under Management
Leverage ⓘ 16%
Net asset value ⓘ $5.74
Inception 1986
Issuer Gabelli
Cheaper than its assets?

Against the value of what the fund holds it is 7.1% cheaper.

Its holdings are worth $5.74 per share, but it trades at $5.33. Over the past year it usually traded 0.6% below value, so it is cheaper now.

Market price $5.33
Net asset value ⓘ $5.74
Quote

Over the past 1 year, on the lower side

17% below its 1-year high.

1-Year Low$5.09 1-Year High$6.26
52-Wk Position9%
Volume ⓘ 2.3M

Traded more than usual. That is 260% of its average volume.

A
Overall · mostly strong
We judged 3 of the 3 questions below. 2 rate excellent and 1 need caution.
ETFs holding this stock 5 ETFs

Multiple ETFs hold this stock, but only a sliver

Buying this ETF gives you exposure to this stock as well.

Peer comparison Closed-End Fund - Equity

It ranks #366 of 1436 in the industry

Based on market cap of $2B.

FAQ

FAQ

What kind of CEF is GAB?

GAB is a closed-end fund (CEF).

What is the distribution yield of GAB?

GAB's distribution yield is approximately 11.48%, paid out on a regular basis.

What is the NAV of GAB?

GAB's NAV is $5.74, which can be compared to the market price to determine any discount or premium.

What are the assets under management of GAB?

GAB's assets under management (AUM) are approximately $1.9B.

What is the 52-week high and low for GAB?

GAB has recorded a 52-week high of $6.26 and a low of $5.09.

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