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The Gabelli Global Utility Income Trust

The Gabelli Global Utility Income Trust (GAUT) is a publicly-traded, closed-end investment company that is part of the Gabelli family of funds. The fund is listed on the New York Stock Exchange (NYSE) and focuses on investing in utility companies around the world. Its objective is to provide a high level of current income, with long-term capital appreciation as a secondary objective.

The fund is managed by a team of experienced investment professionals at Gabelli Funds, LLC, who seek to invest in utility companies that they believe are undervalued and have the potential for long-term growth. The fund's portfolio consists primarily of common stocks, but may also include other securities such as preferred stocks, convertible securities, and warrants.

As a closed-end fund, GAUT raises a fixed amount of capital through an initial public offering and then trades on an exchange like a stock. The price of the fund's shares is determined by supply and demand in the market and may be higher or lower than the net asset value (NAV) of the underlying portfolio.

Investors in GAUT should be aware of the risks associated with investing in utility companies and in international markets. These risks may include fluctuations in currency exchange rates, economic and political instability, and changes in government regulations and policies.

It is recommended that investors consult with a financial advisor and carefully review the fund's prospectus before investing in GAUT. The prospectus contains important information about the fund's investment objectives, strategies, risks, and fees.