GUT CEF — Gabelli Utility Trust

Gabelli Utility Trust (GUT)

GUT is a CEF. its distribution rate is 9.69%, its trailing-12-month yield is 9.69%, its expense ratio is 1.59%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Total return is 765.9% over the past 27.2 years, 10.0 points behind SPY at 775.9%.

At the current 9.69% distribution rate, a $10,000 investment would generate approximately $969 per year, or $80.75 per month.

The Gabelli Utility Trust is a closed-end equity fund that invests primarily in companies engaged in providing products, services, or equipment for the generation or distribution of electricity, gas, and water, along with telecommunications services. Managed by Gabelli Funds, it seeks long-term growth of capital and income and pays distributions monthly, which is why it is followed closely by income investors alongside the sponsor's other closed-end trusts such as GAB and GDV. The fund uses leverage through preferred shares, so its distribution and market price can swing more than the underlying utility holdings alone would suggest, and it has historically traded at a wide premium to net asset value.

GUT performance versus SPY

Price and return data through 2026-09-18.

Total return is 765.9% over the past 27.2 years, 10.0 points behind SPY at 775.9%. Over the past year its total return — price change plus distributions reinvested — is 12.7%. Its deepest 1-year drawdown was 13.2%.

GUT key facts

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

9.21%

Issuer

Gabelli Funds

Asset type

CEF

Asset class

Equity

Inception date

07/09/1999

Expense ratio

1.59%

Distribution rate

9.69%

Distribution frequency

Monthly

Trailing yield

9.69%

5-year average yield

9.37

Last close

$6.19 (as of 2026-09-18)

NAV

$2.97

Premium / discount

108.42% premium

Market cap

$557,274,240

Average volume

195900.0

Next dividend

$0.05

Next ex-dividend date

10/16/2026

Next payment date

10/23/2026

Beta

0.524

How Dividend Vision calculates yield and returns

Distribution rate (9.69%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (9.69%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Gabelli Funds; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GUT risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.2%.

Who may consider GUT — and who may not

GUT may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Gabelli Funds.