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home / news releases / GUT - Evaluating CEFs: GUT Uses A Rights Offering To Improve NAV

GUT - Evaluating CEFs: GUT Uses A Rights Offering To Improve NAV

Gabelli Utility Trust
  • GUT has a yield of 8.5%. This is attractive if the distribution can be supported.
  • I continue my series digging into CEFs beyond the yield with another look at GUT.
  • The recent rights offering was a good opportunity to add shares at a good price, and good for the fund in general.

For further details see:

Evaluating CEFs: GUT Uses A Rights Offering To Improve NAV
Stock Information
Company Name: Gabelli Utility Trust
Stock Symbol: GUT
Market: NYSE
Website: www.gabelli.com
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