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Globe Newswire (Wed, 12-Nov 2:12 PM ET)
The Gabelli Equity Trust is a closed-end, non-diversified management investment company whose investment objective is long term growth of capital, with income as a secondary objective. Investments will be made based on management's perception of their potential for capital appreciation. The Fund seeks out undervalued companies with greater than average potential for growth. The Equity Trust maintains a 10% Distribution Policy whereby the Trust pays out to common shareholders 10% of its average net assets each year. This distribution is paid quarterly. The distribution rate is not representative of dividend yield or the total return of the Fund and may include a return of capital.
Gabelli Equity Trust trades on the NYSE stock market under the symbol GAB.
As of December 15, 2025, GAB stock price declined to $6.01 with 525,927 million shares trading.
GAB has a beta of 0.72, meaning it tends to be less sensitive to market movements. GAB has a correlation of 0.62 to the broad based SPY ETF.
GAB has a market cap of $1.86 billion. This is considered a Small Cap stock.
In the last 3 years, GAB traded as high as $6.32 and as low as $4.50.
GAB has outperformed the market in the last year with a price return of +20.5% while the SPY ETF gained +13.8%. However, in the short term, GAB had mixed performance relative to the market. It has underperformed in the last 3 months, returning +0.3% vs +3.8% return in SPY. But in the last 2 weeks, GAB shares have fared better than the market returning -0.2% compared to SPY -0.4%.
GAB support price is $5.99 and resistance is $6.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GAB shares will trade within this expected range on the day.
