Business Description
Gabelli Global Utility & Income Trust is a globally focused investment fund managed by Gabelli Funds LLC, a subsidiary of GAMCO Investors Inc. The fund targets companies across all sizes that operate in electricity, gas, water, and infrastructure sectors, with an emphasis on stocks expected to pay regular dividends. It also holds income-generating securities such as government bonds and preferred shares in companies outside the utility space. Founded in 2004 and based in the United States, the fund measures its results against the S&P 500 Utilities Index, the Lipper Utility Fund Average, and the S&P 500 Index.
