Gabelli Utility Trust Approves Monthly Cash Distributions for the Month of July, August and September 2020, Payable on July 24, 2020, August 24, 2020 and September 23, 2020 Respectively
May 14, 2020 at 09:00 am EDT
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Gabelli Utility Trust approved monthly cash distributions for the month of July, August and September 2020, payable on July 24, 2020, August 24, 2020 and September 23, 2020 respectively. Record date is July 24, 2020, August 24, 2020 and September 23, 2020.
The Gabelli Utility Trust (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is long term growth of capital and income. The Fund invests at least 80% of its net assets (plus borrowings made for investment purposes), under normal market conditions, in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas and water, and telecommunications services or infrastructure operations. Under normal circumstances, the Fund invests in securities of issuers located in countries other than the United States and may invest in such foreign securities without limitation. The Fund's portfolio includes equipment and supplies, transportation, diversified industrial, oil, electronics, environmental services, financial services, automotive and specialty chemicals. The Fund's investment adviser is Gabelli Funds, LLC.
Gabelli Utility Trust Approves Monthly Cash Distributions for the Month of July, August and September 2020, Payable on July 24, 2020, August 24, 2020 and September 23, 2020 Respectively