Business Description
The Gabelli Utility Trust is a globally focused, closed-end equity fund created in 1999 and based in the United States. Launched by GAMCO Investors Inc. and run by Gabelli Funds LLC, it puts money into companies of all sizes that provide essential services such as electricity, gas, water, and telecommunications, as well as the infrastructure that supports them. Its performance is measured against the S&P 500 Utilities Index, the Lipper Utility Fund Average, and the S&P 500 Index.
