GLU News and Press, Gabelli Global Utility of Beneficial Ownership From 09/24/23

2023-09-24 09:15:00 ET Summary Utilities sector underperforms in 2023 due to rising rates and wildfire liabilities. Reaves Utility Income Trust has outperformed over the past 10 years and has a deep discount to NAV. Reaves has a lower yield but the highest 5-year dividend grow...

RYE, N.Y., Aug. 25, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees (the “Board”) of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) is pleased to announce an increase in the annual dividend rate on the Fund’s Series B Cumulative P...

2023-08-23 01:53:49 ET Summary Gabelli Funds' 13F portfolio value remained steady at $13.20B this quarter. Top five holdings are NextEra Energy, Microsoft, Mastercard, AMETEK, and Genuine Parts Company. Stake increases include American Express, National Fuel Gas, Diageo plc, A...

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6dbbac6e-7a71-478e-910e-5ab37f8f1e2c RYE, N.Y., July 18, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds is pleased to present a video tracing the 50+ year history of the oldest, existing clo...

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d5522b78-cf88-4830-b150-38763f653351 RYE, N.Y., June 02, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds is pleased to present an entertaining and educational video tracing the incredible gro...

2023-05-24 16:00:38 ET Summary The utility sector has long been a favorite of conservative investors due to its overall stability and high yields. The market mania has driven down yields, but Gabelli Global Utility & Income Trust is still able to provide its investors with a p...

2023-05-22 06:30:58 ET Summary Gabelli Funds’ 13F portfolio value increased from $12.87B to $13.19B this quarter. They increased Alphabet while decreasing Microsoft Corporation. The top five positions are NextEra Energy, Microsoft, Mastercard, Ametek, and Deere & Co...

2023-05-20 09:33:52 ET Summary I wrote an article on the merger of ZF into ZTR back in 2019. The 12% ZTR premium back then has now turned into an 11% discount. ZTR is a balanced fund with about 60% in equities and 40% in fixed income. ZTR currently uses a Managed Distribution ...

RYE, N.Y., May 18, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions ...

2023-04-13 14:13:40 ET Summary The Nuveen Real Asset Income and Growth Fund aims to provide high current income from a portfolio of infrastructure and real estate company equities and bonds. The fund pays an attractive 8.8% distribution yield. But it exhibits classic signs of bein...