GUT News and Press, Gabelli Utility Trust From 04/09/20

North American power markets will see disruptions lasting 18 months or more due to the coronavirus and the economic impacts of a shuttered economy, Utility Dive reports, citing a new analysis from Wood Mackenzie. More news on: Utilities Select Sector SPDR ETF, Reaves Utility Income Fun...

Utility shares ( XLU -3.6% ) were among the day's worst performers, as the traditionally stable area continues its recent spike in volatility. More news on: Utilities Select Sector SPDR ETF, American Electric Power Company, Inc., Exelon Corporation, Energy stocks news, News on ETFs, ...

Author's note : This article was released to members on March 24, 2020, and includes a rare reposting of our weekly commentary and actionable ideas. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund se...

Gabelli Utility Trust ( GUT ) is a strange little duck. At first glance, it is a closed-end fund that primarily invests in utilities. But it does have some rather curious characteristics. Those make it one of the best short hedges in the current market. We explain our thinking below. The Fun...

Some of the biggest U.S. utilities (NYSEARCA: XLU ) have arranged for more than $14B in cash and credit by selling bonds, entering into new credit facilities or drawing on existing lines to boost liquidity, Bloomberg reports. More news on: Utilities Select Sector SPDR ETF, American Elect...

The S&P utilities sector ( XLU +5.5% ) is the leading performer in today's advance, extending this week's gain to 13% while trimming its Q1 loss to 17%. More news on: Utilities Select Sector SPDR ETF, Edison International, Sempra Energy, Energy stocks news, Stocks on the move, News o...

Author's note: This article was released to CEF/ETF Income Laboratory members on March 16, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight rec...

The Environmental Protection Agency is expected to waive compliance requirements and deadlines for a range of industries, including oil refiners, water utilities and sewage plants, as it seeks to help businesses affected by the coronavirus. More news on: Energy Select Sector SPDR ETF, Ut...

The unusually weak performance in the utilities sector ( XLU -6.9% ) - sinking 17% over the past week - is drawing attention, considering the group generally is regarded as a defensive-oriented, counter-cyclical sector. More news on: Utilities Select Sector SPDR ETF, Dominion Energy, Inc...

The U.S. electric industry may ask essential employees to live on site at power plants and control centers to keep operations running if the coronavirus outbreak worsens, Reuters reports, citing industry trade groups and electric cooperatives. More news on: Utilities Select Sector SPDR E...