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Gabelli Equity Trust Inc

Sure, here's some general information about the closed-end fund equity with the stock symbol GAB:

Gabelli Equity Trust (GAB) is a closed-end fund that invests in a diversified portfolio of publicly traded equity securities. The fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (GBL). Gabelli Equity Trust's investment objectives are to provide long-term capital appreciation and income.

A. Performance:

As of March 11, 2023, GAB's market price is $8.52 per share, and its net asset value (NAV) is $10.24 per share. The fund's one-year return is -10.86%, and its three-year return is -4.16%. GAB has a total net assets of $630 million.

B. Holdings:

As of January 31, 2023, GAB's portfolio holds 87 stocks, with the top ten holdings accounting for 54.44% of the portfolio's total value. Some of its largest holdings include:

1. Apple Inc. (AAPL) - 8.39%

2. Microsoft Corp. (MSFT) - 7.73%

3. Alphabet Inc. (GOOGL) - 6.41%

4. Amazon.com Inc. (AMZN) - 6.14%

5. Facebook Inc. (FB) - 5.28%

C. Earnings and Dividends:

GAB's fiscal year ends on October 31. The fund's last dividend was declared on December 28, 2022, at $0.05 per share. Its annualized dividend yield is 8.29%. The fund's earnings per share (EPS) for the last three years are:

* FY 2022: $0.66

* FY 2021: $0.61

* FY 2020: $0.54

GAB's annualized return over the last three years is 11.48%.

D. Growth:

GAB's growth potential is moderate, given its holdings in established companies with proven track records. Its focus is on long-term capital appreciation, with a mix of value and growth stocks. The fund's investment strategy aims to take advantage of short-term market dislocations and identify undervalued stocks with strong fundamentals.

E. Risks:

As with any investment, there are risks associated with GAB. As a closed-end fund, it may trade at a discount to its NAV, and its market price can be affected by supply and demand factors unrelated to its underlying portfolio. Additionally, GAB's investments in equities are subject to market volatility, which may impact its NAV.

Please keep in mind that the data provided is subject to change and may not reflect the current state of the fund. It's essential to conduct thorough research, consult financial advisors (if necessary), and consider personal risk tolerance before making investment decisions.