GUT - Gabelli Utility Trust to redeem outstanding 5.625% Series A Cumulative Preferred Shares

Gabelli Utility Trust (NYSE:GUT) has received authorization to redeem all outstanding 5.625% Series A Cumulative Preferred Shares at a redemption price of $25.00 per Series A Preferred Share. The redemption date will be announced at a later date. The Series A Preferred Shares trade on the NYSE under the symbol "GUT Pr A." These shares were rated "A1" by Moody’s Investors Service and have an annual dividend rate of $1.40625 per share.

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Gabelli Utility Trust to redeem outstanding 5.625% Series A Cumulative Preferred Shares