GAB
Price:
$5.69
Market Cap:
$1.66B
The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Co...[Read more]
Industry
Asset Management
IPO Date
1986-08-14
Stock Exchange
NYSE
Ticker
GAB
According to The Gabelli Equity Trust Inc.’s latest financial reports and current stock price. The company's current ROE is 17.75%. This represents a change of 301.26% compared to the average of 4.42% of the last 4 quarters.
The mean historical ROE of The Gabelli Equity Trust Inc. over the last ten years is 5.96%. The current 17.75% ROE has changed 197.64% with respect to the historical average. Over the past ten years (40 quarters), GAB's ROE was at its highest in in the June 2022 quarter at 16.34%. The ROE was at its lowest in in the March 2022 quarter at -9.95%.
Average
5.96%
Median
9.68%
Minimum
-10.69%
Maximum
17.12%
Discovering the peaks and valleys of The Gabelli Equity Trust Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 80.46%
Maximum Annual ROE = 17.12%
Minimum Annual Increase = -333.47%
Minimum Annual ROE = -10.69%
Year | ROE | Change |
---|---|---|
2023 | 12.07% | -212.89% |
2022 | -10.69% | -168.53% |
2021 | 15.60% | 80.46% |
2020 | 8.64% | -49.53% |
2019 | 17.12% | -333.47% |
2018 | -7.33% | -146.40% |
2017 | 15.81% | 47.48% |
2016 | 10.72% | -274.83% |
2015 | -6.13% | -260.05% |
2014 | 3.83% | -84.60% |
The current ROE of The Gabelli Equity Trust Inc. (GAB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.66%
5-year avg
8.55%
10-year avg
5.96%
The Gabelli Equity Trust Inc.’s ROE is less than The Gabelli Utility Trust (2.15%), less than The Gabelli Multimedia Trust Inc. (4.67%), greater than The Gabelli Healthcare & Wellness Trust (-3.04%), less than Liberty All-Star Equity Fund (35.34%), less than Liberty All-Star Growth Fund, Inc. (24.52%),
Company | ROE | Market cap |
---|---|---|
2.15% | $483.25M | |
4.67% | $136.35M | |
-3.04% | $160.22M | |
35.34% | $2.06B | |
24.52% | $340.26M |
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