Closed-end management investment company investing in global utilities and infrastructure securities, seeking income and capital appreciation.
The Gabelli Global Utility & Income Trust stands as a closed-ended equity mutual fund introduced by GAMCO Investors, Inc. and managed by Gabelli Funds, LLC. Since its inception on May 28, 2004, the fund has focused on investing in global public equity markets. Its primary investment strategy centers on companies significantly engaged in providing products, services, or equipment for electricity, gas, water generation, distribution, and related infrastructure operations. Additionally, the fund seeks income through dividend-paying equity securities and income-producing investments such as government securities.
With a diversified approach across various market capitalizations, The Gabelli Global Utility & Income Trust benchmarks its portfolio performance against key indices including the S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. This strategy aims to deliver competitive returns while maintaining a focus on income generation for its investors. The fund's investment philosophy emphasizes long-term growth potential and stability, aligned with its commitment to providing consistent dividends and capital appreciation.
Amidst evolving market dynamics, The Gabelli Global Utility & Income Trust continues to adapt its investment strategy to capitalize on emerging opportunities in the global utility and infrastructure sectors. As part of GAMCO's portfolio of specialized investment products, the fund remains dedicated to prudent risk management and maximizing shareholder value through strategic investments in income-generating securities across international markets.