GUT CEF — Gabelli Utility Trust

Gabelli Utility Trust (GUT)

Updated November 6, 2026.

GUT is a CEF. Its distribution rate is 11.39%, its trailing-12-month yield is 11.39%, its expense ratio is 1.6236%. Dividend Vision Distribution Safety Score™ is 85/100 (Safe). Total return is 660.5% over the past 27.3 years, 82.4 points behind SPY at 742.9%.

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

As of Nov 5, 2026

Total return is 660.5% over the past 27.3 years, 82.4 points behind SPY at 742.9%. Over the past year its total return — price change plus distributions reinvested — is -1.8%. Its deepest 1-year drawdown was 24.7%.

GUT key facts

Distribution Safety Score™

85 · Safe

Safety-Adjusted Yield

9.68%

Issuer

Gabelli Funds

Asset type

CEF

Asset class

Equity

Inception date

07/09/1999

Expense ratio

1.6236%

Distribution rate

11.39%

Distribution frequency

Monthly

Trailing yield

11.39%

5-year average yield

9.36

Last close

$5.27 (as of 2026-11-06)

NAV

$2.84

Premium / discount

Premium not shown · NAV date unknown

Market cap

$485,251,680

Average volume

202,619

Dividend

$0.05

Ex-dividend date

11/13/2026

Payment date

11/20/2026

Beta

0.535

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (11.39%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (11.39%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.

Yield and safety methodology · 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 24.7%.

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.

More on GUT

• All tickers starting with G

Tagged: CEF, Dividend, Utilities.

Frequently asked questions

More securities from Gabelli Funds.