Business Description
The Gabelli Equity Trust Inc. is a US-based closed-end fund that has been operating since 1986 under the management of Gabelli Funds LLC. It focuses on finding undervalued stocks across a wide range of company sizes and industries, including preferred shares, convertible securities, and warrants. The fund uses careful, company-by-company research to build its portfolio and measures its results against major benchmarks such as the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite Index.
