The Gabelli Equity Trust Inc.

The Gabelli Equity Trust Inc.verified

GAB-PH

Price:

$24.04

Market Cap:

$1.56B

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

2012-09-26

Stock Exchange

NYSE

Ticker

GAB-PH

The ROE as of September 2024 (TTM) for The Gabelli Equity Trust Inc. (GAB-PH) is 17.75%

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 Gabelli Equity Trust Inc. (GAB-PH) Historical ROE (quarterly & annually)

How has GAB-PH ROE performed in the past?

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-PH'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%.

Quarterly (TTM)
Annual

Average

5.96%

Median

9.68%

Minimum

-10.69%

Maximum

17.12%

The Gabelli Equity Trust Inc. (GAB-PH) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
202312.07%-212.89%
2022-10.69%-168.53%
202115.60%80.46%
20208.64%-49.53%
201917.12%-333.47%
2018-7.33%-146.40%
201715.81%47.48%
201610.72%-274.83%
2015-6.13%-260.05%
20143.83%-84.60%

The Gabelli Equity Trust Inc. (GAB-PH) Average ROE

How has GAB-PH ROE performed in the past?

The current ROE of The Gabelli Equity Trust Inc. (GAB-PH) 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. (GAB-PH) ROE vs. Peers

How is GAB-PH’s ROE compared to its peers?

The Gabelli Equity Trust Inc.’s ROE is less than Virtus Convertible & Income Fund (2.21%), less than The Gabelli Equity Trust Inc. PFD-G (17.75%), less than Oxford Lane Capital Corp. (38.73%), greater than The Gabelli Utility Trust (-6.64%), less than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (14.43%), less than RiverNorth Specialty Finance Corporation (11.38%), less than Tri-Continental Corporation PFD $2.50 (15.62%), less than Oxford Lane Capital Corp. (38.73%),

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