GUT News and Press, Gabelli Utility Trust From 04/07/21

Global stocks rose in the first quarter, but volatile trading patterns reminded investors that the road to normal will be bumpy. Solid market gains masked rapidly changing market conditions. Perhaps the biggest overriding risk that surfaced in early 2021 is the power of a sentimen...

13 out of 23 CEF sectors positive on price and 13 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. BSTZ/BMEZ boosts distributions by +48.7% and +45.0% respectively. For further details see: Weekly Closed-End Fund Roundup: March 7, 2021

Utilities in general are fairly good investments for retirees due to their stability and relatively high level of dividends. Utilities have underperformed the market over the past year, although NextEra Energy has done a better job at keeping up. Electric utilities are favored by ...

GUT's rights offering has begun. A good move for managers to monetize the high premium while providing additional returns for shareholders. The offering is likely to be substantially accretive to shareholders. However, conservative income investors should avoid this fund at th...

For US Treasury investors, the starting place for inflation today is tough-there's not enough inflation-adjusted yield to cushion the pain. Treasury inflation-protected securities and similar inflation-linked bonds globally will outperform comparable-maturity Treasury bonds if inflati...

2 out of 23 CEF sectors positive on price and 2 out of 23 sectors positive on NAV last week. MLPs lead, while Asia equity lags. Some Nuveen funds increase distributions due to adoption of a level distribution policy. For further details see: Weekly Closed-End Fund Roundu...

Natural gas will remain part of the power mix for years to come to help keep electric grids reliable and power affordable as they transition to cleaner forms of energy, the CEOs of Duke Energy (DUK) and Xcel Energy (XEL) told the CERAWeek by IHS Markit conference today.Duke's Lynn Good assert...

The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) has approved a transferable rights offering which would allow the Fund’s record date common shareholders to acquire additional common shares (the “Offering”). The Offering will ...

The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of April, May, and June 2021. Ad...

Despite the S&P 500 being up an impressive 18% in 2020, the utilities sector did not take part in the rally finishing the year flat. Reaves' John Bartlett has spent nearly 30 years closely tracking Utilities names through every type of investing environment. With a blue wave s...