Overview
Description
The Gabelli Dividend & Income Trust is a diversified closed-end management investment company dedicated to generating a high level of total return, with a particular emphasis on dividends and income. Managed by Gabelli Funds LLC and supported by a team of experienced portfolio managers, the trust invests at least 80% of its assets in dividend-paying or income-producing securities, focusing on equity securities that offer strong income potential and attractive valuations. Under typical market conditions, at least 50% of assets are held in dividend-paying equities, and the trust also has the flexibility to invest in debt instruments, non-U.S. issuers, and select industries to optimize income and return objectives. The fund’s portfolio spans key market sectors such as financial services, energy, utilities, food and beverage, telecommunications, consumer products, and healthcare. Established in 2003, the Gabelli Dividend & Income Trust plays a significant role for investors seeking regular income streams and diversified exposure to income-generating assets in the broader equity market.
About
Instrument type
Closed-end fund
Country
United States
MIC code
XNYS